Photonics Market to Expand at 5.8% CAGR as Silicon Holds 39.4% Material Segment Share
NEWARK, Del. — The global Photonics Market is projected to increase from USD 1,046.1 billion in 2026 to USD 1,838.3 billion by 2036, registering a compound annual growth rate (CAGR) of 5.8% during the forecast period, according to Future Market Insights (FMI). The market was valued at USD 988.7 billion in 2025. Growth is supported by rising demand for optical communication systems,...
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