Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
share
Email Facebook Twitter Google+ LinkedIn Comments
Member Exclusive

Reality Check

Photonics Spectra
Jul 2016
The photonics industry in the Asia-Pacific region is booming, and advances in virtual and augmented reality, as well as wearable and flexible displays, are generating excitement in global technology trend forecasts.

JUSTINE MURPHY, SENIOR EDITOR, justine.murphy@photonics.com

Germany is known as “the land of ideas” in the photonics industry. France has become a top contender in optics and photonics innovation. And now, Australia, China, Japan and others in the Asia-Pacific region are swiftly emerging as major players in photonics technology, research and development. In a May 2016 report, global market research firm MarketsandMarkets notes that this region is the fastest-growing in several markets, including virtual and augmented reality, and wearable, head-mounted and flexible displays. Transparency Market Research, another global research company, has similar expectations, predicting Asia-Pacific will grow at a nearly 50 percent compound annual growth rate (CAGR) through 2022. This market augmentation is being attributed to skyrocketing consumer demand for these and other novel optics- and photonics-related technologies. Virtual reality — computer-generated simulation of a 3D image or environment that users can interact with in a seemingly real or physical way using special electronic equipment — is among the sectors seeing a global push, as such technology continues to emerge and evolve. It offers a totally immersive experience for users in gaming and entertainment, and in addition to interaction with other gamers, may someday allow interaction with online shops and other remote users.

Member Exclusive: To read the complete article, please Login or Register

camerasflexible displaysimagingAsia-Pacificvirtual realityDisplaysHTCViveProject MorpheusOLEDsRiftOculusMicrovision Inc.CircusARModiFaceIPSAConsumer Technology AssociationCES 2016CZTSphotovoltaicssolarenergyaugmented reality3DAsia-Pacific Special SectionFeatures

Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2017 Photonics Media
x Subscribe to Photonics Spectra magazine - FREE!