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Asia-Pacific Eyes Photonics Market Growth

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The ongoing development of manufacturing and telecommunications technologies, among others, is thrusting the industry to the top of the global goods market. Asia-Pacific, in particular, is expected to grow quickly and steadily.

JUSTINE MURPHY, SENIOR EDITOR, [email protected]

The global photonics market will continue its fervent growth in the coming years, according to a number of reports, as technology advances industrywide. Progressing the most is the telecommunications sector, which is expected to become the largest end-use industry for photonics because of rising demand for fiber optics components and systems. The manufacturing sector is booming, too, as lasers and other photonics-related technologies are replacing traditional machines and tools. While this growth is occuring around the world, the Asia-Pacific (APAC) region is expected to see the fastest...Read full article

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