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New Board changes at EPIC
T announced
RUMPF Laser Managing Director Björn Dymke, has joined EPIC’s Board of Directors. “I am honoured to join the Board of Directors of
EPIC and to have the opportunity to work with such a distinguished group of leaders in the photonics industry,” said Björn. “I am looking forward to contributing my
knowledge and experience to help EPIC promote the growth and success of the European photonics industry.” Dymke told Electro Optics that he
recognised the need for EPIC to draw on a mix of small and larger companies, such as TRUMPF, and was excited about the wider opportunity to collaborate – a central strategic goal that EPIC encourages its members to pursue. “There are many companies in the sector who have an interesting technology and are looking to scale it. We have obviously acquired a number, but we also look to work with them.” TRUMPF is not immune from the geopolitical headwinds affecting the sector, and Dymke admitted the economic landscape is also challenging. “Recently, we have had COVID-19, then the supply- chain issues, and then a war…. It can be exhausting for people in the organisation who have spent five years dealing with all of this. But they are resilient.” The company
remains focused on the fibre-laser market for the coming year and sees significant scalable opportunity, particularly in Asia. Dymke studied Business Administration
and received his doctorate degree at the University of Tübingen, Germany. He joined TRUMPF in 2008 and has held numerous executive positions there. From 2016, he served as CFO for TRUMPF in the USA, before taking over responsibility for the central finance functions at the headquarters in Ditzingen in 2020. Since 2023, he has taken over the responsibility for TRUMPF’s solid-state laser business and became Managing Director of TRUMPF Laser in Schramberg. “We are delighted to welcome Björn to
EPIC’s Board of Directors,” said Carlos Lee, the Director General of EPIC. “He is a highly respected professional, and I am confident that his expertise, particularly in executive positions, especially in finance and controlling at a major industry player such as TRUMPF, will significantly contribute to the success of the organisation and its members.” Basil Garabet, President of EPIC, said,
“With Björn’s appointment, we bring a financial perspective to our Board of Directors at a crucial moment when the growth of the photonics business is essential”. EPIC is owned by its members and managed by the Board of Directors. The trade body also announced next year’s event will be held in Barcelona, Spain. With the addition of Dymke, the configuration of the Board of Directors is: •
Basil Garabet, President and CEO, NKT Photonics (Denmark) - President of EPIC
• Adam Piotrowski, CEO, Vigo Photonics (Poland)
• Samuel Bucourt, CEO, Imagine Optic (France)
• •
Christian Bosshard, Managing Director Swissphotonics (Switzerland)
Nicoletta Casanova, CEO and President, FEMTOprint (Switzerland)
• Shahida Imani, CEO, Singular Photonics (UK)
• Björn Dymke, Managing Director, TRUMPF Laser (Germany) EO
Components growth
outpaces systems investment
P
hotonic component revenues are growing at a faster rate than system revenues – at 8-9% versus 6% respectively – as photonics
content continues to increase in systems across many industries. The market was valued at $115 billion in 2022 and is projected to reach $168 billion by 2027, presenting a significant growth opportunity for manufacturers. In the eight years from 2015, more than 350 companies raised over $9.7 billion for developing photonics components. Much of this investment was in Asia, with 50% of that total registered in that region (the EU represented 16% and North America 34%). This contrasts sharply with photonics investment generally – where North America captures 53% of the investment in the same timeframe. Looking ahead, Paris-based photonics
market analyst Tematys estimates photon sources will see global market growth of 8% in LEDs and 7% in lasers; discrete optics will see a rise of 7%, while optical filters should see 10% growth. The company believes photonic sensors should see growth of 8%. “In recent years, the industry has
enjoyed strong and steady growth,” Benoit d’Humieres (pictured, below) told delegates at the EPIC summit in Juan Les Pins, France. “The global market of photonics products and systems is growing rapidly, and this is thanks to the underlying base of materials and photonic components, such as sources, sensors and optics.” Global trends continue to shape this trajectory. D’Humieres said environmental challenges, such as the increasing need for advanced instrumentation, better processing and remedying solutions; the escalating need for high-speed data transmission; and the expansion of remote vision and sensing technologies were particularly notable. The turbulent geopolitical context will also play its part. “Governments will be looking to innovate in defence and surveillance and strengthen their supply chains,” he told summit delegates. EO
Björn Dymke, Managing Director of TRUMPF Laser (second, leſt), joining the Board of Directors of EPIC at its summit in France. He is pictured with other Board members and EPIC’s COO and CEO
4 Electro Optics May 2024
www.electrooptics.com
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