Consistent growth, solid financial performance, and being a source of good jobs have defined the global photonics core-components business over the past 10 years—a trend expected to continue, according to the newly released SPIE Optics & Photonics Global Industry Report. Global annual revenues from the production of optics and photonics core components reached $368 billion in 2022, up 26 percent from 2020 and well above global gross domestic product (GDP) growth of 18 percent for the same pe...