October 1, 2021 – Optica’s Tom Hausken Sizes Up Optics & Photonics

Optica estimates that the market will reach about US$550 billion this year, after a slight gain in 2020. That may seem large, but optics and photonics contributes to far larger downstream value. Three segments alone—microlithography, optical communications and displays—enable, in some way, nearly the entire global economic output of US$100 trillion