openPR Logo
Press release

Photonic Crystals Market size is projected to reach $60,230 million by 2022, with growing CAGR of 8.0% by 2022.

04-24-2019 08:16 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Photonic Crystals Market size is projected to reach $60,230

Global Photonic Crystal Market, published by Allied Market Research, forecasts that the global market was valued at $34,199 million in 2015, and is projected to reach $60,230 million by 2022, growing at a CAGR of 8.0% during the forecast period 2016-2022.Industrial segment held the highest share of the total market in 2015. In 2015, two-dimensional (2D) photonic crystal segment held two-thirds share of the total market.

Download the Sample Report @ https://www.alliedmarketresearch.com/request-sample/147?utm_source=openpr&utm_medium=Niranjan

Currently,photonic crystal is a subject of interest for both academic and industrial research. These crystals are optical nano-structures with an arrangement of dielectric materials that have different refractive indices. It is widely used in novel applications such as optics, optoelectronics, quantum engineering, bio-photonics, and others. The photonic crystals market has shown significant growth in the past few years, and is expected to provide lucrative opportunity in the near future owing to the extensive research in this field.

The growth of the global photonic crystals market is driven by rise in demand for photonic crystals in LEDs, increased R&D activities, and ideal properties of photonic crystals such as exceptional control over behavior of light, unusual optical dispersion, and others. Development of green photonics technologies and economic development in emerging economies are expected to provide significant growth opportunities to the industry players. However, complications in the manufacturing of photonic crystals are projected to hamper the market growth during the forecast period.

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.

Purchase Inquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/147?utm_source=openpr&utm_medium=Niranjan

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.

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.

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.

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, and NeoPhotonics.

About Us:-

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact Us:-

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Crystals Market size is projected to reach $60,230 million by 2022, with growing CAGR of 8.0% by 2022. here

News-ID: 1716749 • Views: 340

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

All 5 Releases


More Releases for Photonic

Global Photonic Crystals Industry Market Analysis & Forecast 2018-2023
Global Photonic Crystals Industry Market measure was esteemed at $34,199 million and is relied upon to reach $60,230 million by 2023, bolstered by a CAGR of 8.0% amid the figure time frame 2018 - 2023. Photonic Crystals is the innovation that blends optics with hardware. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=4487 Table of Contents: Chapter 1 Photonic Crystals Market Overview 1.1 Product Overview and Scope of Photonic Crystals 1.2 Photonic Crystals
Photonic Professional GT2 Prints Diffractive Optical Elements with Submicron Pre …
Nanoscribe presents additively manufactured multi-level DOEs at SPIE Photonics West 2019 At the upcoming Photonics West 2019, the prestigious trade fair for optics and photonics taking place in San Francisco, Nanoscribe showcases multi-level diffractive optical elements (DOEs) that are fabricated by means of high resolution 3D printers Photonic Professional GT2 (Nanoscribe, booth 366, South Hall). The fabrication of multi-level DOE microstructures gains more and more attention, both in scientific research as well
Global Photonic Crystals Industry Market Analysis & Forecast 2018-2023
Global Photonic Crystals Industry Market is assessed to grandstand a higher CAGR in the up and coming years. The innovation that consolidates optics alongside hardware is known as Photonics. The photonic precious stones have located their significant application in scholarly and mechanical research. Likewise, the precious stones are offer novel instruments for the activity of photons. Get sample copy of report: https://www.marketdensity.com/contact?ref=Sample&reportid=4487 Table of Contents Chapter 1 Photonic Crystals Market Overview 1.1
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 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