Category: Press releases

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

UK Photonics Industry - key statistics
UK Photonics Industry – key statistics

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.

Photonics Leadership Group adds Vice Chair-person and Treasurer

At the latest Photonics Leadership Group meeting at Photonex, Coventry on 10 October, the 30 senior representatives of the UK photonics industry present voted to create the positions of Vice-Chair person and Treasurer to the group. These additional voluntary positions representing the UK photonics industry, are being created in response to the significant increase in…

UK photonics worth £12.9 billion to UK economy

UK photonics industry output now exceeds £12.9 billion, is growing at twice the national average.

This updated analysis of the UK photonics industry shows a rise of £2.4 bn since the last report in 2013, recording an average growth rate of  >5.3%, which finds UK photonics to be growing at twice the speed of the rest of the UK economy.

The UK Photonics: the Hidden Economy report, published in May 2018, details  how such an enabling sector can be analysed and compares UK photonics to other key UK manufacturing sectors, the fit of photonics to the UK industry strategy and its position relative to the European and global photonics industries.

Opportunites in UK Datacentre Equipment

The Big UK Data Centre Equipment opportunity cover

The Big UK Data Equipment Opportunity report highlights UK capabilities and key players within this important growth area, with a focus specifically on the financial sector.

The past decade has seen a move from the physical trading floor to the anonymous data centre, populated with generic imported equipment. The next decade will see these systems optimised for the unique requirements of individual data centres. This presents a major opportunity for the UK to supply latency and security-optimised hardware to the local financial services industries and the many sectors handling sensitive data in the UK, from smart metering to healthcare and security.

UK Photonics exports more of its output than any other UK manufacturing sector

New analysis from the PLG of UK photonics exports relative to other UK manufacturing sectors shows:- UK Photonics exports 75-95% output relative to UK manufacturing average of only 34% UK Photonics exports more of its output than any other UK manufacturing sector UK Photonics exports are the 4th largest by value of any UK manufacturing…

Alastair Wilson receives recognition from PLG

Alastair Wilson was presented with token of appreciation by the Photonics Leadership Group at its meeting on Monday 20 Jan. 2014 on behalf of the UK photonics industry to mark his forthcoming retirement after 40 years dedication to furthering the cause of Photonics in the UK. Alastair has been Director of Photonics through all the…