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Strong growth in light technologies despite global economic uncertainty

Strong growth in light technologies despite global economic uncertainty

Discussing the study at the Photonics Partnership Annual Meeting were (l-r) Lutz Aschke, President & CEO of Photonics21, Michelangelo Masini, Head of Research and Technology at Carl Zeiss, Kent Rochford, CEO & Executive Director at SPIE, Ioanna Zergioti, Co-founder, CEO & CTO at PhosPrint and (unpictured) Pierre Chastanet, Head of Unit for Microelectronics and Photonics Industry, DG CNECT European Commission. Image: Babylonia - Iris Haidau

Research published today reveals that, despite recent geopolitical factors significantly affecting international trade, the photonics industries across Europe, the US and Asia expanded with a CAGR (Compound Annual Growth Rate) of 6.8% over the 2019 to 2022 period.

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