Global Li-ion Battery Market Report 2021: Increasing Penetration of Li-ion Battery in Data Centers Augurs Well for the Market Growth
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Photonics Market worth $837 8 billion by 2025
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Eye Tracking Software Market is Going to Boom with Tobii, Smart Eye, Eyegaze, Ergoneers
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The LED segment is the largest type of Photonics market
LED segment account for the largest share in the overall Photonics market. LED products are energy efficient and available at affordable prices increasing usage of LED in lighting and display applications to drive its demand during the forecast period. APAC accounted for the largest market share of the LED product type segment in 2019. Energy-saving measures drive the surge in demand from applications such as general lighting, automotive, and backlighting.
Information and Communication Technology is the largest application for the Photonics market.
By application, the Photonics market is classified into seven main end use application, namely Displays, Information & communication technology, Photovoltaic, Medical Technology & Life sciences (Bio photonics), Measurement & automated vision, Lighting and Production Technology.