German photonics market saw strong growth in 2014 driven by exports

source:Industrial Laser Solutions

release:Johnny

keywords:laserphotonicsmarket

Time:2015-06-18

The Photo nics Market Research Work Group (or AG Marktforschung Photonik) says German photo nics production grew 4% in 2014, reaching a total of EUR 30 billion. Excluding production of photovoltaics, communications equipment, and displays (which have all been moving to Asia) the growth rate is in the high single digits for manufacturing and medical technology, optical components, and lighting, particularly LEDs.
The market research group was formed by the German industry associations of SPECTARIS, VDMA, and ZVEI. The report notes that the industrial areas of laser systems and laser sources, image processing, measurement engineering, and lithography benefited from both higher domestic sales and even stro nger export growth. Some of these areas recorded two-digit growth rates and growth was generally more dynamic than that of the world market. All three industry associations expect growth in 2015 to be as dynamic as in 2014.
Overall the report says the German photo nics industry has returned to the level of earlier long-term growth forecasts for the industry and is exceeding the growth rate of the global photo nics market. A 2013 report had predicted an average growth rate for the photo nics industry from 2011 to 2020 of 1.5 times the global gross domestic product. According to that forecast, photo nics will reach a world market volume of EUR 615 billion in 2020, ba sed on a market volume of EUR 350 billion in 2011.
Related article: Laser Marketplace 2015: Lasers surround us in the Year of Light
The VDMA reports a 16% growth in the export of German photonics, with 78% of laser systems made in Germany exported--far higher than the export share of the overall German manufacturing industry, which is a bout 48%.
Here are some of the highlights:
- Production volume reached Euro 30 billion in 2014 (Euro 27 billion in 2011)
- Growth across all photo nics segments at approximately 4%
- In strong core areas the growth rate was larger:
- Laser systems: 11%
- Laser sources: 5%
- Industrial image processing: 16%
- Lithography for semico nductor equipment: 15–16%
- Optical systems in medical technology-–solid growth of a bout 6%
- Lighting: LED-technology gained share--market share in outdoor lighting area exceeded 50%
- Photovoltaic, information technology, and displays--co ntinuously weak
- o ngoing high R&D investment of approximately 9-10%
- 2015: Stable growth expectations 1-1.5 times GDP
- Trend towards intelligent system solutions, as well as the digitization of production processes.
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