Photonic Crystal Market Size, Share, Industry Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027

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Photonic Crystal Market Size, Share, Industry Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027

February 20
19:50 2021
The rising use of photonic crystal due to enhanced properties than the metal products, increasing prevalence of small size displays across the electronics industry, is driving the demand for the market

The optical nanostructure technology has observed significant advancements in regards to usage in electronic devices or image sensors, or LED applications. A photonic crystal is a nanostructure that alters the motion of positively charged ions in a solid. The global photonic crystals market was valued at USD 54.80 Billion in 2019 and is projected to expand at a CAGR of 8.2% to reach USD 99.26 Billion by the end of 2027, accredited to the escalating demand in smart small size displays globally.

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photonic crystals Market Drivers

The advantages adhered to photonic crystals, including low power consumption, high resolution of pixels per inch (PPI), and enhanced reflectivity, act as a significant boost towards the market’s growth. Growing applications in electronic devices demanding efficient LED small screens and reflection at a specific frequency rate have led to the massive demand for photonic crystals. The two-dimensional photonic segment is predicted to be the fastest-growing at a CAGR of 8.8% in the forecast period due to its cross-sectional design of hexagonal and square lattice. Optical fiber photonic crystals are observing increasing demand because of their exceptionally flexible design elements and regulated light flow. 

Key participants include Corning Inc., Epistar Corp., Micron Technology, Inc., Opalux Inc., TDK Corporation, Rohm Co., Ltd., Luminus Devices Inc., ICx Photonics, Inc., NKT Photonics Inc., and Palo Alto Research Center, among others.

Emergen Research has segmented the global Photonic Crystals Market on the basis of type, application, end-use, and region:

  • Type Outlook (Revenue, USD Billion; 2017-2027)
    • One-Dimensional Photonic
    • Two-Dimensional Photonic
    • Three-Dimensional Photonic
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Image Sensors
    • Solar & PV Cells
    • LEDs Displays
    • Optical Fibers
    • Discrete & Integrated Optical Components Lasers
    • Others
  • End-Use Outlook (Revenue, USD Billion; 2017-2027)
    • Manufacturing
    • Healthcare
    • Aerospace & Defense
    • Industrial
    • Others

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Regional Analysis

Asia Pacific region dominates the global photonic crystals market as research and development initiatives increase in the region, leading to large scale government investments in China, Singapore, and Korea. North America is projected to be an active contributor to the market growth owing to the advent of emerging technologies in the region.

The report classifies the global photonic crystals market into various regions, including:

  • North America (U.S., Canada)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Photonic Crystals Market Segmentation & Impact Analysis

    4.1. Photonic Crystals Market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. The rising use of photonic crystal due to enhanced properties than the metal products

                    4.2.2.2. Increasing Prevalence of Small Size Displays across Electronics Industry

          4.2.3. Market restraints analysis

                    4.2.3.1. Expensive Solutions

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Photonic Crystals Market By Type Insights & Trends, Revenue (USD Billion)

    5.1. Type Dynamics & Market Share, 2019 & 2027

          5.1.1. One-Dimensional Photonic

          5.1.2. Two-Dimensional Photonic

          5.1.3. Three-Dimensional Photonic

Chapter 6. Photonic Crystals Market By Application Insights & Trends Revenue (USD Billion)

    6.1. Application Dynamics & Market Share, 2019 & 2027

          6.1.1. Image Sensors

          6.1.2. Solar & PV Cells

          6.1.3. LEDs Displays

          6.1.4. Optical Fibers

          6.1.5. Discrete & Integrated Optical Components Lasers

          6.1.6. Others

Chapter 7. Photonic Crystals Market By End-Use Insights & Trends Revenue (USD Billion)

    7.1. End-Use Dynamics & Market Share, 2019 & 2027

          7.1.1. Manufacturing

          7.1.2. Healthcare

          7.1.3. Aerospace & Defense

          7.1.4. Industrial

          7.1.5. Others

Continue…!

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