Venture Capital
Alma Alms Video: Money In Motion 40 - Deep Tech Photonics Part 2
January 2023 - Venture Capital
TRANSCRIPT:
Hello. My name is Andrea Alms and I am technology investor and financial manager and this is your money in motion. On the last episode, we deep dive into the deep tech subsector, photonics, the photonics market. We compared the deep tech subsector averages. Impure U.S. dollars top place went to photonics at a whopping 593 billion U.S. dollars. It is such a big number.
It begs the question what is in these numbers? Thus, we went into the different segments of photonics. It appears that about half of the photonics market is a grab bag of laser sensor detectors and imaging devices. If we did some back of the napkin math, this graph suggests the led global market is about 33% of the global photonics market. Best guess it may be 190 billion last test. This assumption The tech Nuvia report cites only a growth rate of 16% between 2018 and 2022. At EMR, The report cites a global led market at about 64 billion USD in 2021, at a compound average growth rate of 9% between 2023 and 28 at Grandview. The report cites global led market of about 70 billion in 2022 and a compound average growth rate of 11%.
As you can see, as we deep dive into the astronomically large photonics market, it is becoming clearer. The LED market is more understandable with an average market size of 67 billion with 12% growth rate. Thank you. This is your money, your money, in motion.