An overview of global and European photonics markets and industry

Abstract The global photonics market has grown very rapidly in recent years and reached 733 billion US dollars 2019. European industry also had a sharp increase (from € 76 B 2015 to 103 2019), outperforming EU GDP by three times. Moreover, the proven be quite resilient effects of Covid‐19 crisis. In fact, already present various high‐end next‐generation products, technology long‐term driver growth through its indispensable role many current future markets.