Discover the UK’s Photonics industry and the companies working with advanced optical technologies. View company data, industry trends, market size, financials and download our free sector report today.
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Photonics refers to the physical science of light waves. A branch of optics (the study of the behavior and properties of light), Photonics describes the generation, detection and manipulation of light.
In the UK, the Photonics industry is made up of a wide range of companies designing, manufacturing and using advanced optical technologies. This includes those working in microelectronics, remote sensing, telecommunications and even quantum technology. Examples of Photonics include lasers, smartphone screens and cameras and fibre optic cables.
Photonics sector summary
Key information you should know about the Photonics sector from our AI-driven platform of over 5 million companies:
- Photonics has turnover of £14.81bn, meaning it is our 40th largest RTIC, and our 3rd fastest growing sector.
- The Photonics sector has not received additional investor attention in recent years and the amount of venture capital funding is not increasing as fast as our other emerging economy sectors.
- On average the roles advertised in this sector are 2.26% higher than the UK’s average salary.
Our Photonics RTIC is made up of 7 individual industry verticals, including verticals such as Industry 4.0, Microelectronics, Optics. You can find out more about the verticals by buying a report, visualising the sector on our platform, or by downloading the data.
- Sector Code Description Records
RTIC0027 Photonics 1283 companies
Companies working with advanced optical technologies, often lasers, fibre optic cables, rapid data transmission, etc..
Photonics: Industry 4.0308 companies
Companies providing products using photonics technology (i.e, light sensors) for smart factories
Photonics: Microelectronics135 companies
Companies using advanced photonics technology (i.e, laser) for the manufacture of microelectronics
Photonics: Optics356 companies
Companies developing specialised optical products
Photonics: Photovoltaics261 companies
Companies producing photovoltaic technology and/or derived products
Photonics: Quantum Tech229 companies
Companies applying photonics technology and knowledge into the development of quantum technologies
Photonics: Smart Sensors341 companies
Companies supplying remote monitoring products that use photonics technology
Photonics: Telecommunications188 companies
Companies applying photonics technology and knowledge to the development of telecommunications infrastructure, products and services
Photonics industry growth
We estimate that the UK Photonics sector could be worth approximately £39.9bn by 2027, based on the compound annual growth rate (CAGR) of 21.9%. Below you can see the five year turnover forecast for the RTIC from 2023 to 2027.
Get your free Photonics report
Dig deeper into the UK’s Photonics Economy with our free 2023 RTIC report, which includes:
– Summary of RTIC data & industry performance
– Overview of key verticals
– Geographic analysis & breakdown
– Key insights & trends
At The Data City we’re mapping the emerging economy through accurate and reliable real-time data. We’ve produced Real-Time Industrial Classifications (RTICs) for some of the UK’s fastest growing sectors, across over 350 industry verticals, including the Photonics industry.
Discover more RTICs and access our other free reports today.
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