The global tools and components for photonic applications market will grow from nearly $10.6 billion in 2016 to $19.2 billion by 2021 with a compound annual growth rate (CAGR) of 12.7% for the period of 2016-2021. This market report covers only photonic sensors and detectors.
The report focuses on sensor technologies and components in robotics applications that are currently under development and are enjoying increased visibility, investment, and growth. The market for robotic sensing will reach over $16.1 billion by 2027.
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