Photonic Crystals: Materials, Technologies and Global Markets
BCC Research forecasts a promising near future for photonic crystals. The growth in excess of 46% on a yearly basis is a very clear indicator of the recognition that awaits photonic crystals in the larger market. It was 2,155 million dollar in the year 2010 and is expected to reach 34,500 million dollar by 2016 with a CAGR% of 46.1%.
The report forecasts the size of the market in current U.S. dollars for overall components and modules internalizing photonic crystals in value terms for each individual component and module and volume terms wherever possible from 2011 through 2016.
The report forecasts the market size for the following:
- Photonic crystal enabled components and modules such as LEDs, solar and PV cells, displays, biosensors, image sensors, optical fibers, discrete and integrated optical components as well as lasers and supercontinuum sources
- The above forecasts are classified on the basis of end application vertical, photonic crystal dimension and geographical region.
The Executive Summary provides a snapshot of key findings of the report.
The chapter on theoretical overview of photonic crystals provides an overview of the market size of components and modules internalizing photonic crystals over the next 5 years. Additionally the chapter lays down the theoretical ground for better appreciation of the technology and commercial promise of photonic crystals across applications and domains.
The chapter on photonic crystal components and modules provides a detailed analysis of the present-day state of the art in photonic crystal applications. The chapter deals with individual components and modules where photonic crystals are poised to make the most prominent mark. It discusses the market potential in terms of verticals, dimensions and geography to regions. It also uncovers the basic theory behind the running of these modules and then emphasizes the advantages ushered by photonic crystals over conventional methods and material.
The chapter on vendor and stakeholder analysis enlists and explains the major stakeholder classes engaged in photonic crystal commercialization. It also analyses the activities of key players in this domain.
The U.S. Patent Analysis chapter highlights the patenting activity underway in the area of photonic crystals. The chapter classifies the patents awarded according to functional categories such as design innovations; energy applications of photonic crystals; fabrication and synthesis methodologies; integrated circuits and quantum dots; laser applications of photonic crystals; lighting applications of photonic crystals; photonic crystal fiber applications; sensor applications of photonic crystals and telecommunications applications of photonic crystals.
Kaustubha Parkhi has worked in a broad range of functional roles with leading telecommunications operators and service providers such as Reliance Infocomm, Ramco Systems, and BPL Cellular. He has written on an array of telecommunications and electronics related subjects based on his critical analysis of the underlying technology and its business impact. Kaustubha holds a Bachelor of Engineering (Equivalent of Bachelor of Science) in Electronics and Telecommunications, and an MBA in Systems.
Frequently Asked Questions (FAQs)
The global market for photonic crystals will increase from an estimated $13.9 million in 2007 to $32 million by the end of 2008. It should reach $666.4 million by 2013, a compound annual growth rate (CAGR) of 84%.
Intellectual property claims continue to show significant increases signifying that photonic crystalline materials are poised to move into the mainstream of the photonics industry.
The overall growth in light emission applications is expected to be a stellar 90% over the 5-year forecast period and reach $295 million by 2013.