The report forecasts the global nanophotonics market to grow at a CAGR of 47.72% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of latest trends in the market is growing complexity of ICs. Rapid technological developments in consumer electronic devices, healthcare equipment, and telecommunication equipment are leading to high level of functional integration. These devices are increasingly used as multi-functional terminals that offer a wide range of new applications on a single platform. This has resulted in increased demand for ICs and electronic systems with greater functionality and performance, reduced size, and low power consumption. As a result, chip manufacturers are manufacturing highly sophisticated ICs that combine all the necessary electronic components into a single microchip, which contains various digital, analog, and radio frequency functions.
According to the report, one of the primary drivers in the market is focus on increasing solar power capacity. The depletion of non-renewable sources of energy such as coal, petroleum, and natural gas is driving the adoption of renewable sources of energy such as wind and solar energy to produce electricity. Several countries across the globe are focusing on increasing the solar power capacity. The global solar PV installation reached 58 GW in 2015 and is expected to grow at a CAGR of 18.87% during the forecast period. In 2015, APAC was the fastest growing region, accounting for more than 55% of the global solar PV installation.
Further, the report states that one major challenge in the market is high cost of production of quantum dots.
- Blue Nano
- Carbon Solutions
- Cambrios Technologies
- Catalytic Materials
- Cnano Technology
- LG Display
- Materials and Electrochemical Research
- (10+ Others)
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Summary of key figures
Part 06: Market landscape
Part 07: Market size and forecast
Part 08: Market analysis
Part 09: Market segmentation by components
Part 10: Geographical segmentation
Part 11: Market drivers
Part 12: Impact of drivers
Part 13: Market challenges
Part 14: Impact of drivers and challenges
Part 15: Market trends
Part 16: Vendor landscape
Part 17: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/m9khfl/global
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SOURCE Research and Markets