Optics and Photonics Market Outlook 2019

Tom Hausken

Our columnist puts his finger on the optics industry’s pulse as a new year begins. The beat, he finds, is healthy and strong—but it bears some monitoring.

figureQuarterly revenues (in U.S. dollars) for Kuka, ASML, and four major laser and machine tool optics suppliers (Coherent, IPG Photonics, II-VI and Han’s Laser), indexed to the revenues in the first quarter of 2016. [Source: OIDA (2018), from company filings; Q4 2018 projection by OIDA.]

It’s a new year, and OSA Industry Development Associates (OIDA) is modestly optimistic for the optics and photonics market for 2019. Landing on this determination is a multistep process, especially when there are so many conflicting signals in the news.

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