Photonics offers a wide range of technologies. Optical fibers connect the internet, smartphones and computers have screens, military capabilities have improved, and medical diagnostics have progressed through photonics.
FREMONT, CA: Photonics has the potential to have a much greater impact on society in the next few decades. With a £14.5 billion niche industry, photonics will be a key part of some of the most competitive marketplaces in history.
Lasers may be useful for high-speed optical networks. They are excellent transmission sources because of their low energy consumption, extensive tunability, and excellent spectrum response. Fiber optic data transmission uses laser light sources. Their small size, easy integration, and high power make them ideal. Lasers with stimulated emission produce coherent emissions, and semiconductors with electrical injection produce coherent emissions. The diode lasers are small so they can be mass-produced. Electrical energy is transformed into optical energy very efficiently by semiconductor lasers.
Digital manufacturing is expected to reduce CO2 emissions by 4.5% and generate £455 billion in economic benefit. Material processing accounts for one-third of the $11 billion laser market. The development of laser image processing and computer vision will play a critical role in supporting competitive motor and battery manufacturing, including developing innovative materials that can be applied to new motors and batteries.
In agriculture, for example, photonics is just getting started regarding applications. The invention of laser-based milking machines is beginning to gain traction in the market, increasing dairy production and enhancing the welfare of animals. The digitization of agriculture in the upcoming decades will enable food production to undergo a revolution that has never been seen before.
Recycling and upcycling are a small part of the circular economy's value. Products and components can be reused, repaired, refurbished, and remanufactured. Strengthening reverse setups and skills is equally important.
Businesses have mastered multi-tiered supply chain networks. For companies to fulfill demand from multi-billion pound markets in the photonics market, scale-up across the board is essential. Reverse cycle partners now require the same skill to orchestrate post-use value streams.