Worldwide Photonics Market Growth of 8.4%

According to MarketsandMarkets the photonics market is estimated to reach upwards of $724.22 billion by 2021, with a compound annual growth rate of 8.4 percent. This is due to the increasing demand for lighting and production technology, medical technology, and information and communication technology. The largest end-use industry for photonics is the media, broadcasting, and