Photonic Crystals: Materials, Technologies and Global Markets
The global market for photonic crystals should grow from $12.2 billion in 2018 to $31.4 billion by 2023 at a compound annual growth rate (CAGR) of 20.8% for the period of 2018-2023.
- 63 data tables
- An overview of the global market for photonic crystals, their materials and technologies
- Analyses of market trends with data from 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Description of 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
- Detailed analysis of photonic crystal applications and their future demand
- Comprehensive profiles of the major players of the industry, including Canon Kabushiki Kaisha, MicroContinuum, NEC Corp., Obducat and Panasonic
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, as well as in module and volume terms wherever possible, from 2017 through 2023. Estimated values used are based on manufacturers’ total revenues. Projected and forecasted revenue values are in constant US dollars, unadjusted for inflation.
The report forecasts the market size for:
- Photonic crystal-enabled components and modules such as LEDs, solar and PV cells, displays, biosensors, image sensors, optical fibers, discrete and integrated optical components, and lasers and supercontinuum sources.
- Forecasts are classified on the basis of application vertical, photonic crystal dimension, geographic region and individual country markets.
The Summary and Highlights chapter provides a snapshot of key findings of the report.
The Overview chapter discusses the theoretical overview of photonic crystals provides an overview of the market size of components and modules internalizing photonic crystals for the duration of 2017-2023. It also establishes the theoretical ground for better appreciation of the technology and commercial promise of photonic crystals across applications and domains.
Chapters 4 through 11 discuss individual components and modules that employ photonic crystals. Each chapter provides a detailed analysis of the current state of photonic crystal applications. The chapters also discuss the market potential in terms of verticals, dimensions and geographic regions. The basic theory behind these modules and the advantages photonic crystals provide them over conventional methods and material also are examined.
The U.S. Patent Analysis chapter highlights the patent activity of photonic crystals. The chapter classifies the patents awarded based on 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.
The Vendor and Stakeholder Analysis chapter details the major stakeholder classes engaged in photonic crystal commercialization. It also analyzes the activities of key players.
Kaustubha Parkhi has worked in a wide 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, as well as an MBA in Systems.
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 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.