Photonic Crystal Market Rise In Demand for Photonic Crystals in Leds, Remarkable Growth in R&D Activities, And Distinctive Properties of These Crystals Drive the Growth of the Market
At present, photonic crystals are of interest both to academic and industrial research. These crystals are optical nanostructures in which dielectric materials with different refractive indices are arranged. It is widely used in new applications such as optics, optoelectronics, quantum engineering, and biophotonics. The photonic crystal market has seen considerable growth over the past few years and is expected to provide an advantageous opportunity in the near future due to extensive research in this area.
Growth in the global photocrystal market is driven by the ideal properties of photonic crystals, such as increased demand for photonic crystals in the LEDs, increased R & D activity, exceptional control of light behavior, and unusual light scattering. The development and economic development of green photonics technology in emerging markets is expected to provide significant growth opportunities for industry players. However, complications in the manufacture of photonic crystals are planned to hamper market growth during the forecast period.
In 2015, Asia-Pacific was the leading region owing to the increase in research activities and government support in countries such as Japan, China, Korea, and Australia. Furthermore, LAMEA is projected to show the highest growth rate, registering a CAGR of 8.9%, followed by Europe growing at a CAGR of 8.5%. This is attributed to the economic development and increase in research communities to broaden new research topics in nano-photonics and molecular photonics.
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/147
The major companies profiled in the report include
• NKT Photonics
• IPG Photonics Corporation
• Opalux Inc.
• Corning Incorporated
• Furukawa Electric Co. Ltd.
• DK Photonics
• GLOphotonics SAS
• Photonic Lattice Inc.
• Photeon Technologies GmbH
Presently, the 2D photonic crystal segment is of substantial interest owing to the dimensional lattice structures, specifically square lattice, hexagonal lattice, honeycomb lattice, and others, and is expected to maintain its dominance throughout the analysis period. In addition, these crystals are easier to analyze & formulate.
Optical fiber application segment generated the highest revenue in 2015, with almost one-fourth of the total market share, followed by LED segment. Optical fiber-based photonic crystals offer much greater control over light and design freedom to achievevarietyof peculiar properties.
Industrial end user segment dominated the global market with almost half of the share in 2015. Photonic crystals are used in multiple industrial applications such as lighting & displays, optical sensing, solar energy, and others.
Make an Enquiry before Buy @ https://www.alliedmarketresearch.com/purchase-enquiry/147
Key Findings of the Photonic Crystal Market
• In 2015, Asia-Pacific dominated the global market with around half of the share, in terms of revenue.
• The 3D photonic crystal segment shows the highest growth rate, in terms of revenue, registering a CAGR of 31.1% from 2018 to 2022.
• In 2015, 2D photonic crystal was the dominant segment with two-thirds of the share in the overall market, in terms of revenue.
• In 2015, optical fibers was the leading application segment with one-fourth of the share, in terms of revenue.
• Solar & PV cells is expected to grow at the highest CAGR of 8.6%, in terms of revenue.
• Aerospace & defense is projected to grow at a highest CAGR of 8.4%, in terms of revenue, during the forecast period.
Access Full Summery @ https://www.alliedmarketresearch.com/photonic-crystals-market
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Photonic Crystal Market Rise In Demand for Photonic Crystals in Leds, Remarkable Growth in R&D Activities, And Distinctive Properties of These Crystals Drive the Growth of the Market here
News-ID: 1579813 • Views: 288
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for Photonic
Photonic Sensors and Detectors Market Greater Revenue Share by 2021
Photonics is a technology which is involved with the use of light which replaces the traditional or usual electronics in several applications. The photonics sensor technology is motivating the growth in several main end markets which includes advanced manufacturing, energy, defense, communications and information technology, medicine and healthcare among others. The photonic sensor technologies have become more significant in the field of material characterization and material processing. The complexity of
Global Photonic Crystal Market Trend Analysis by 2025: Photonic Lattice, Opalux, …
Qyresearchreports include new market research report Global Photonic Crystal Market Professional Survey Report 2018 to its huge collection of research reports. This report studies the global Photonic Crystal market status and forecast, categorizes the global Photonic Crystal market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America,
Photonic Sensors & Detectors Market, Size, Future Demand, Forecast 2017-2022
The Global Photonic Sensors & Detectors Market Research Report 2017 to 2022 renders deep perception of the key regional market status of the Photonic Sensors & Detectors Industry on a global level that primarily aims the core regions which comprises of continents like Europe, North America, and Asia and the key countries such as United States, Germany, China and Japan. To Get Sample Copy of Report visit @ https://www.qyresearchgroups.com/request-sample/598973 The potential of
Photonic Integrated Circuits Market Optical Communication Segment Continues to L …
The high degree of competition between Infinera Corp., Huawei Technologies Co. Ltd., Ciena Corp., and Alcatel-Lucent S.A. characterizes the competitive landscape of the global photonic integrated circuit (IC) market, finds a recent report by Transparency Market Research (TMR). Owing to this rivalry, new entrants with niche offerings can expect growth opportunities in the form of mergers, acquisitions, and strategic alliances with the market leaders. Going forward, the competition in the
Photonic Integrated Circuits (ICs) Market : Lack of Digitization Could Interrupt …
The research study titled “Photonic Integrated Circuit (PIC) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2022” provides strategic analysis of the global photonic IC market along with the market growth (size in US$ Mn) forecast for the period from 2015 to 2022. The report includes competitive analysis of various market segments based on applications, raw materials, components, and in-depth cross-sectional scrutiny across different geography
Photonic Crystal Displays Market Research Report 2017
Browse the full table of contents and data tables: https://www.reportsandmarkets.com/reports/global-photonic-crystal-displays-market-research-report-2017-1547553 In this report, the global Photonic Crystal Displays market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Request a sample copy: https://www.reportsandmarkets.com/sample-request/global-photonic-crystal-displays-market-research-report-2017-1547553 Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market