In 2025, Finland’s photonics industry boasts over €2.5 billion in annual revenue, directly employing more than 7,500 people across 340 companies.
Including indirect employment, the workforce exceeds 50,000. Notably, the industry added 1,500 new jobs in two years and plans to increase recruitment in the coming three years. Despite economic uncertainties, the Finnish photonics industry has grown by 30% since 2023, adding over 40 new companies and maintaining an annual growth rate of 13%.
While 52% of photonics companies are SMEs, the portion of larger companies with over €100M turnover has grown from 5% to 10%. The median number of employees per company has grown from 10 to 30, with 40% of photonics companies eager to hire photonics doctoral graduates. The Photonics doctoral pilot (I-DEEP) addresses the increasing demand for highly skilled staff. (Source: Photonics in Finland brochure 2025).
See a short video of the growth and expansion of photonics field in Finland: