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Photonic Crystal Trends and Forecast
The future of the global photonic crystal market looks promising with opportunities in the industrial, aerospace and defense, life sciences and healthcare, and research and development (R&D) markets. The global photonic crystal market is expected to grow with a CAGR of 8.0% from 2024 to 2030. The major drivers for this market are high adaption of photonic crystals for trapping solar energy and growing demand for renewable energy.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Photonic Crystal by Segment
The study includes a forecast for the global photonic crystal by type, application, end use, and region.
Photonic Crystal Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• 1-D Photonic Crystals
• 2-D Photonic Crystals
• 3-D Photonic Crystals
Photonic Crystal Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Optical Fiber
• LED
• Image Sensor
• Solar and PV Cell
• Laser
• Discrete and Integrated Optical Component
• Others
Photonic Crystal Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Industrial
• Aerospace and Defense
• Life Sciences and Healthcare
• Research and Development (R&D)
• Others
Photonic Crystal Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Photonic Crystal Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies photonic crystal companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the photonic crystal companies profiled in this report include-
• Corning Incorporated
• Furukawa Electric
• Glophotonics
• Gooch & Housego
• Hamamatsu Photonics
Photonic Crystal Market Insights
Lucintel forecasts that 1-D photonic crystal is expected to witness highest growth over the forecast period as it is easy to fabricate using a variety of techniques, such as thin film deposition and photolithography.
Within this market, aerospace and defense is expected to witness highest growth over the forecast period due to increasing adoption of image sensors and optical fibers for greater communication.
APAC is expected to witness highest growth over the forecast period due to strong growth of the electronics industry and presence of major players in the region.
Features of the Global Photonic Crystal Market
Market Size Estimates: Photonic crystal market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Photonic crystal market size by type, application, end use, and region in terms of value ($B).
Regional Analysis: Photonic crystal market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the photonic crystal market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the photonic crystal market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for photonic crystal market?
Answer: The global photonic crystal market is expected to grow with a CAGR of 8.0% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the photonic crystal market?
Answer: The major drivers for this market are high adaption of photonic crystals for trapping solar energy and growing demand for renewable energy.
Q3. What are the major segments for photonic crystal market?
Answer: The future of the photonic crystal market looks promising with opportunities in the industrial, aerospace and defense, life sciences and healthcare, and research and development (R&D) markets.
Q4. Who are the key photonic crystal market companies?
Answer: Some of the key photonic crystal companies are as follows:
• Corning Incorporated
• Furukawa Electric
• Glophotonics
• Gooch & Housego
• Hamamatsu Photonics
Q5. Which photonic crystal market segment will be the largest in future?
Answer: Lucintel forecasts that 1-D photonic crystal is expected to witness highest growth over the forecast period as it is easy to fabricate using a variety of techniques, such as thin film deposition and photolithography.
Q6. In photonic crystal market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to strong growth of the electronics industry and presence of major players in the region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the photonic crystal market by type (1-D photonic crystals, 2-D photonic crystals, and 3-D photonic crystals), application (optical fiber, LED, image sensor, solar and PV cell, laser, discrete and integrated optical component, and others), end use (industrial, aerospace and defense, life sciences and healthcare, research and development (R&D), and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Photonic Crystal Market, Photonic Crystal Market Size, Photonic Crystal Market Growth, Photonic Crystal Market Analysis, Photonic Crystal Market Report, Photonic Crystal Market Share, Photonic Crystal Market Trends, Photonic Crystal Market Forecast, Photonic Crystal Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Photonic Crystal Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Photonic Crystal Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Photonic Crystal Market by Type
3.3.1: 1-D Photonic Crystals
3.3.2: 2-D Photonic Crystals
3.3.3: 3-D Photonic Crystals
3.4: Global Photonic Crystal Market by Application
3.4.1: Optical Fiber
3.4.2: LED
3.4.3: Image Sensor
3.4.4: Solar and PV Cell
3.4.5: Laser
3.4.6: Discrete and Integrated Optical Component
3.4.7: Others
3.5: Global Photonic Crystal Market by End Use
3.5.1: Industrial
3.5.2: Aerospace and Defense
3.5.3: Life Sciences and Healthcare
3.5.4: Research and Development (R&D)
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Photonic Crystal Market by Region
4.2: North American Photonic Crystal Market
4.2.2: North American Photonic Crystal Market by End Use: Industrial, Aerospace and Defense, Life Sciences and Healthcare, Research and Development (R&D), and Others
4.3: European Photonic Crystal Market
4.3.1: European Photonic Crystal Market by Type: 1-D Photonic Crystals, 2-D Photonic Crystals, and 3-D Photonic Crystals
4.3.2: European Photonic Crystal Market by End Use: Industrial, Aerospace and Defense, Life Sciences and Healthcare, Research and Development (R&D), and Others
4.4: APAC Photonic Crystal Market
4.4.1: APAC Photonic Crystal Market by Type: 1-D Photonic Crystals, 2-D Photonic Crystals, and 3-D Photonic Crystals
4.4.2: APAC Photonic Crystal Market by End Use: Industrial, Aerospace and Defense, Life Sciences and Healthcare, Research and Development (R&D), and Others
4.5: ROW Photonic Crystal Market
4.5.1: ROW Photonic Crystal Market by Type: 1-D Photonic Crystals, 2-D Photonic Crystals, and 3-D Photonic Crystals
4.5.2: ROW Photonic Crystal Market by End Use: Industrial, Aerospace and Defense, Life Sciences and Healthcare, Research and Development (R&D), and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Photonic Crystal Market by Type
6.1.2: Growth Opportunities for the Global Photonic Crystal Market by Application
6.1.3: Growth Opportunities for the Global Photonic Crystal Market by End Use
6.1.4: Growth Opportunities for the Global Photonic Crystal Market by Region
6.2: Emerging Trends in the Global Photonic Crystal Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Photonic Crystal Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Photonic Crystal Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Corning Incorporated
7.2: Furukawa Electric
7.3: GLOphotonics
7.4: Gooch & Housego
7.5: Hamamatsu Photonics
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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