India Photonics Market - Industry Analysis, Market Size, Share, Trends, Growth And Forecast 2021 - 2026
The Global market for India Photonics Market is estimated to reach $70.0 billion by 2026, growing at a CAGR of 7.9% from 2021 to 2026. Photonics is a technology of generating and harnessing light and other forms of energy through photons. The demand of photonics technology in various fields like aerospace technology, healthcare, environmental technology and others are projected to propel the significant growth of the India Photonics Market. Use of laser technology in most of the healthcare centers for cancer monitoring is one of the factors driving the growth of the India Photonics market. Use of photonics in Indian market for cost-effective cancer screening, green-house gas monitoring, water management and others are boosting the growth of India Photonics Market. The rise in R&D activities of photonics technology, particularly focused on optical fiber communication, biophotoncis and lighting is also driving the growth of the market. Investment and funding in various projects...