UK photonics sector faces critical window to maintain global competitiveness
By
Nick New
Lacks bite. And filling. And a copy-editor at the bakery.
Summary
The UK photonics sector, currently worth £8.6bn and employing 84,000 people across 1,400 companies, faces a critical three-to-five-year window to maintain its competitive edge. The Council for Science and Technology warns the UK is losing its opportunity to lead, as the global photonics market is projected to exceed £1tn by 2030. TechUK's recent report highlights that while the UK has strong science foundations and clusters, faster-moving international competitors threaten to overtake it without urgent action.
Key quotes
· 4 pulledThe global photonics market is projected to exceed £1tn by 2030.
The Council for Science and Technology has recently warned however, that the UK is losing its window to lead.
Industry experts have forecast that the UK has a three-to-five-year period to act before faster-moving international competitors forge ahead.
TechUK's report this week on the UK's photonics ecosystem underscores this pivotal moment to respond – namely, the UK has the science, clusters and
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