According to the report by Expert Market Research (EMR), the global photonics market attained a value of around USD 797.27 billion in 2025. Aided by the rapid advancement of optical technologies and the expanding adoption of photonics across diverse end-use industries, the market is projected to witness robust growth over the forecast period. The market is expected to grow at a CAGR of 7.50% between 2026 and 2035, reaching nearly USD 1643.20 billion by 2035.

Photonics is the science and technology of generating, controlling, and detecting light, encompassing a wide range of products such as lasers, optical fibres, sensors, LEDs, and imaging systems. These technologies are integral to modern applications in telecommunications, healthcare, manufacturing, defence, consumer electronics, and energy, positioning photonics as a critical enabler of digital transformation and industrial innovation.

Photonics Market Trends

One of the prominent trends in the global photonics market is the increasing deployment of photonic technologies in data communication and telecommunications. The rising demand for high-speed data transmission, driven by cloud computing, 5G networks, and data centres, is accelerating the adoption of optical fibres and photonic integrated circuits.

Another key trend is the growing use of photonics in healthcare and life sciences. Advanced imaging systems, laser-based diagnostics, and minimally invasive surgical tools are gaining traction, supported by continuous innovation in medical photonics. Additionally, the increasing adoption of energy-efficient LED lighting and displays in residential, commercial, and automotive applications is further shaping market dynamics.

Drivers of Growth

The expanding applications of photonics across multiple industries are a major driver of market growth. In the manufacturing sector, photonics-based solutions such as laser cutting, welding, and additive manufacturing enhance precision, productivity, and cost efficiency. In the automotive and aerospace industries, photonic sensors and lidar systems are critical for advanced driver-assistance systems (ADAS) and autonomous vehicles.

Moreover, the growing emphasis on energy efficiency and sustainability is boosting the demand for photonic technologies. LEDs and laser-based systems consume less energy and offer longer operational lifespans, aligning with global energy conservation goals. Government support for research and development in photonics, particularly in developed economies, is further accelerating technological advancements and market expansion.

Get a Free Sample Report with Table of Contents

Photonics Market Forecast

Over the forecast period, the global photonics market is expected to experience sustained growth, supported by technological advancements, expanding industrial applications, and rising investments in digital infrastructure. As industries increasingly rely on light-based technologies to enhance performance, efficiency, and connectivity, photonics is set to remain a cornerstone of global technological progress through 2035.