Photonic components growth outpaces systems investment
Benoit d’Humieres from Tematys presents at EPIC's 2024 summit at Juan-les-Pins, France
Photonic component revenues are growing at a faster rate than system revenues – at 8-9% versus 6% respectively – as photonics content continues to increase in systems across many industries.
The market was valued at $115 billion in 2022 and is projected to reach $168 billion by 2027, presenting a significant growth opportunity for manufacturers.
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