Market Share of US Photonics Industry
The United States photonics market comprises several global and regional players vying for attention in a contested market space. Market incumbents, such as Finisar Corporation, Intel Corporation, NeoPhotonics Corporation, Infinera Corporation, Hamamatsu Photonics, IPG Photonics Corporation, and Coherent Inc., have a considerable influence on the overall market, with access to well-established distribution networks.
The existence of such a sheer number of significant vendors without compromising on their market shares is sustainable. Brand identity associated with major vendors became a synonym for various product offerings under the scope of the study worldwide. Overall, the intensity of competitive rivalry among the vendors in the market studied is expected to be high and remain the same during the forecast period.
In July 2023, ams OSRAM launched EVIYOS 2.0, a new type of intelligent multipixel light emitting diode (LED) that enables fully adaptive, dynamic headlight operation and image projection for the automotive sector. EVIYOS 2.0 can selectively illuminate the road ahead to maximize the driver's view in high-beam mode without creating the glare typically experienced by other road users.
In January 2023, Hamamatsu Photonics developed a new InAsSb photovoltaic detector (P16702-011MN) with a preamp offering high sensitivity to mid-infrared light, up to 11 micrometers (μm) in wavelength. The company combined the latest InAsSb(indium arsenide antimonide) mid-infrared detector with its unique circuit design technology. Compared to its previous detector modules with the same level of sensitivity, the P16702-011MN size and cost are drastically reduced, and it exhibits a fast response time. This makes it an ideal choice for portable gas analyzers to immediately analyze exhaust gas components at measurement sites around factories.
US Photonics Market Leaders
Intel Corporation
Neophotonics Corporation (lumentum Holdings)
Infinera Corporation
Molex Inc.
Hamamatsu Photonics KK
*Disclaimer: Major Players sorted in no particular order
