Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

The 'photon century' has dawned: light as the motor of growth

06.12.2007
New industry study foresees 7.6 percent growth up to 2015
€439 bn worldwide: huge future market potential
Light: driving-force for jobs and innovation

The new study issued by the Photonics21 technology platform together with the European Commission and entitled "Photonics in Europe" predicts a bright future for the industry. Having climbed to €49 billion, sales revenues in the optical technology sector have already caught up with those of the microelectronic industry and will move ahead of them in the coming years.

Photonics21's 900 members from European companies, organisations and research institutes are currently discussing the new figures at their annual meeting in Brussels. The declared aim of the initiative is to increase the European share of the international photonics market, at present 19 percent, still further. In 2005, photonic products achieved sales of €228 billion worldwide. Based on an annual growth rate of 7.6 percent, the forecast for 2015 is for an international volume of some €439 billion.

At present the industry has 246,000 employees on its payrolls in Europe - in sectors ranging from medical engineering to laser-based manufacturing. Here, too, the growth figures are impressive. The enterprises interviewed in the study stated that they spend an average of 9.7 percent of sales revenues on research and development.

The EU Commissioner for the Information Society and the Media, Viviane Reding, is full of praise for the work of the initiative: "Over the past couple of years, Photonics21 has moved the industry into the fast lane. Europe-wide collaboration in the fields of strategy, research and development has proven to be extremely fruitful. Photonics is a key technology and will have a pivotal role to play in terms of job creation, prosperity and quality of life throughout the European Union."

Further support for Photonics21 is forthcoming from Rudolf Strohmeier, the EU Commissioner's Head of Cabinet. He is convinced that light will be the key tool in the future: "Fast, accurate and contact-free, these attributes of photonic products are ushering in the 'century of the photon'."

At the annual meeting, Alexander von Witzleben, Chairman of the Executive Board of Photonics21 and former CEO of Jenoptik, will be leaving his post after two highly successful years. His place will be taken by a high-ranking representative (still to be elected) of an international company or organization in the photonics industry.

Florence Schellberg | idw
Further information:
http://www.photonics21.org

More articles from Studies and Analyses:

nachricht New study: How does Europe become a leading player for software and IT services?
03.04.2017 | Fraunhofer-Institut für System- und Innovationsforschung (ISI)

nachricht Reusable carbon nanotubes could be the water filter of the future, says RIT study
30.03.2017 | Rochester Institute of Technology

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Making lightweight construction suitable for series production

More and more automobile companies are focusing on body parts made of carbon fiber reinforced plastics (CFRP). However, manufacturing and repair costs must be further reduced in order to make CFRP more economical in use. Together with the Volkswagen AG and five other partners in the project HolQueSt 3D, the Laser Zentrum Hannover e.V. (LZH) has developed laser processes for the automatic trimming, drilling and repair of three-dimensional components.

Automated manufacturing processes are the basis for ultimately establishing the series production of CFRP components. In the project HolQueSt 3D, the LZH has...

Im Focus: Wonder material? Novel nanotube structure strengthens thin films for flexible electronics

Reflecting the structure of composites found in nature and the ancient world, researchers at the University of Illinois at Urbana-Champaign have synthesized thin carbon nanotube (CNT) textiles that exhibit both high electrical conductivity and a level of toughness that is about fifty times higher than copper films, currently used in electronics.

"The structural robustness of thin metal films has significant importance for the reliable operation of smart skin and flexible electronics including...

Im Focus: Deep inside Galaxy M87

The nearby, giant radio galaxy M87 hosts a supermassive black hole (BH) and is well-known for its bright jet dominating the spectrum over ten orders of magnitude in frequency. Due to its proximity, jet prominence, and the large black hole mass, M87 is the best laboratory for investigating the formation, acceleration, and collimation of relativistic jets. A research team led by Silke Britzen from the Max Planck Institute for Radio Astronomy in Bonn, Germany, has found strong indication for turbulent processes connecting the accretion disk and the jet of that galaxy providing insights into the longstanding problem of the origin of astrophysical jets.

Supermassive black holes form some of the most enigmatic phenomena in astrophysics. Their enormous energy output is supposed to be generated by the...

Im Focus: A Quantum Low Pass for Photons

Physicists in Garching observe novel quantum effect that limits the number of emitted photons.

The probability to find a certain number of photons inside a laser pulse usually corresponds to a classical distribution of independent events, the so-called...

Im Focus: Microprocessors based on a layer of just three atoms

Microprocessors based on atomically thin materials hold the promise of the evolution of traditional processors as well as new applications in the field of flexible electronics. Now, a TU Wien research team led by Thomas Müller has made a breakthrough in this field as part of an ongoing research project.

Two-dimensional materials, or 2D materials for short, are extremely versatile, although – or often more precisely because – they are made up of just one or a...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Fighting drug resistant tuberculosis – InfectoGnostics meets MYCO-NET² partners in Peru

28.04.2017 | Event News

Expert meeting “Health Business Connect” will connect international medical technology companies

20.04.2017 | Event News

Wenn der Computer das Gehirn austrickst

18.04.2017 | Event News

 
Latest News

Wireless power can drive tiny electronic devices in the GI tract

28.04.2017 | Medical Engineering

Ice cave in Transylvania yields window into region's past

28.04.2017 | Earth Sciences

Nose2Brain – Better Therapy for Multiple Sclerosis

28.04.2017 | Life Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>