UK Photonics output increases to £13.5 billion –
UK photonics output reaches £13.5 billion according to the latest update from the PLG. The industry now contributes £5.3 billion of gross added value to the UK economy annually and employs 69,000 people in the UK at a productivity of £76,400 per employee, significantly above the UK average of £67,000 per manufacturing employee
The UK photonics industry is now equivalent in size to the UK pharmaceutical, fintech or space industries in the UK. The continued growth of UK photonics reflects the critical role that light plays in current and next-generation products and manufacturing.
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