To download the latest issue
May 17th, 2013
Photonics growth in Europe outpaces GDP to hit €615B in 2020
With a worldwide market value projected to hit €615 billion (about $791 billion) in 2020 and to remain stronger than the gross domestic product (GDP), photonics has moved from a niche application to a key enabling technology, according to Photonics Industry Report 2013, which was presented at Laser World of Photonics this week.
The high-tech segment also has demonstrated solid growth since 2005, despite the financial crisis, the report states.
More OPTO & PHOTONICS news