Global Photonic Crystals Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

One-Dimensional, Two-Dimensional, and Three-Dimensional.

By Application;

Optical Fiber, LED, Image Sensor, Solar & PV Cell, Laser, Discrete & Integrated Optical Component, and Others.

By End User;

Industrial, Aerospace & Defense, Life Sciences & Healthcare, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn730456198 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Photonic Crystals Market (USD Million), 2020 - 2030

In the year 2023, the Global Photonic Crystals Market was valued at USD 59,276.18 million. The size of this market is expected to increase to USD 102,913.18 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.

The photonic crystals market has experienced significant growth since its inception in 2015, driven by the convergence of optics and electronics in photonics technology. These crystals have garnered attention from both academic and industrial sectors, offering novel ways to manipulate photons. With applications spanning across information technology, telecommunications, healthcare, optics manufacturing, education, research, optical sensing, energy, and displays, photonic crystals have become integral components in various industries. Their ability to downsize components has particularly contributed to their widespread adoption.

The market for photonic crystals is characterized by its diverse types, including one-dimensional (1D), two-dimensional (2D), and three-dimensional (3D) structures. These crystals find applications in optical fibers, LEDs, image sensors, solar cells, lasers, and both discrete and integrated optical components. Despite their promising applications, challenges persist in the formulation of photonic crystals, which could potentially hinder market growth. However, the continuous surge in demand, particularly in LEDs, coupled with significant investments in research and development, has been instrumental in propelling market expansion.

The photonic crystals market is poised for further growth, buoyed by emerging opportunities in various end-use industries such as industrial, aerospace and defense, life sciences and healthcare, and research and development. Key drivers, restraints, and opportunities shape the trajectory of this global market, with different players playing crucial roles in its evolution. Quantitative data, primarily sourced from reputable outlets and validated by industry experts, offer insights into market dynamics and future prospects, positioning photonic crystals as pivotal elements in advancing technology across sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Photonic Crystals Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Technological Advancements in Photonics
        2. Growing Demand for Photonic Crystal Applications
        3. Increased R&D Activities
      2. Restraints:
        1. Challenges in Crystal Formulation and Manufacturing
        2. Cost Constraints and Economic Factors
        3. Limited Awareness and Understanding of Photonic Crystal Technology
      3. Opportunities:
        1. Emerging Applications in Healthcare and Life Sciences
        2. Advancements in Optical Sensing Technologies
        3. Integration into Renewable Energy Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Photonic Crystals Market, By Type, 2022 - 2032 (USD Million)
      1. One-Dimensional
      2. Two-Dimensional
      3. Three-Dimensional
    2. Global Photonic Crystals Market, By Application, 2022 - 2032 (USD Million)
      1. Optical Fiber
      2. LED
      3. Image Sensor
      4. Solar & PV Cell
      5. Laser
      6. Discrete & Integrated Optical Component
      7. Others
    3. Global Photonic Crystals Market, By End User, 2022 - 2032 (USD Million)
      1. Industrial
      2. Aerospace & Defense
      3. Life Sciences & Healthcare
      4. Others
    4. Global Photonic Crystals Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Corning Incorporated
      2. DK Photonics
      3. Furukawa Electric Co., Ltd.
      4. GLOphotonics SAS
      5. IPG Photonics Corporation
      6. NeoPhotonics Corporation
      7. NKT Photonics A/S
      8. Opalux Inc.
      9. Photonic Lattice Inc.
      10. Photeon Technologies GmbH
  7. Analyst Views
  8. Future Outlook of the Market

ReAnIn's Most Viewed Titles:

Semiconductor & Electronics Sensors and Controls Photonics
Global Photonics Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Photonics Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Chemicals & Materials Ceramics, Materials & Minerals Photoresist & Photoresist Ancillaries
Global Photoresist & Photoresist Ancillaries Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Photoresist & Photoresist Ancillaries Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Chemicals & Materials Chemicals Photoresist Chemicals
Global Photoresist Chemicals Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Photoresist Chemicals Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Chemicals & Materials Ceramics, Materials & Minerals Photoresist
Global Photoresist Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Photoresist Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...