Photonics market is likely to witness a healthy CAGR of 7.1% during the forecast period. The demand for photonics is growing due to the increasing penetration of photonic products in different applications and need for energy efficient products to conserve energy.

Photonics market is likely to witness a healthy CAGR of 7.1% during the forecast period. The demand for photonics is growing due to the increasing penetration of photonic products in different applications and need for energy efficient products to conserve energy.