NEW YORK, April 22, 2020 /PRNewswire/ -- Photonic Crystals market worldwide is projected to grow by US$16 Billion, driven by a compounded growth of 12.3%. LEDs, one of the segments analyzed and sized in this study, displays the potential to grow at over 11.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$8.8 Billion by the year 2025, LEDs will bring in healthy gains adding significant momentum to global growth.
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- Representing the developed world, the United States will maintain a 13.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$644.3 Million to the region's size and clout in the next 5 to 6 years. Over US$762.5 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, LEDs will reach a market size of US$791.5 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 12.2% over the next couple of years and add approximately US$2.9 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
- Competitors identified in this market include, among others,
- Corning Incorporated
- FLIR® Systems Inc.
- Furukawa Co. Ltd.
- GLOphotonics SAS
- Gooch & Housego PLC
- Lumentum Holdings Inc.
- MicroContinuum Inc.
- NKT Photonics A/S
- Opalux Inc.
- Photonic Lattice Inc.
- Teledyne Scientific & Imaging
- Zecotek Photonics Inc.
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Photonic Crystals: Breakthrough Innovation in the Physics of
Light Creating a New Paradigm in Electronic Interconnects
Recent Market Activity
Steady Growth Projected over the Coming Years for Photonic
Crystals Market
Asia-Pacific Evolves into Most Important Regional Consumer of
Photonic Crystals
China: The Driving Force Behind Asia-Pacific's Dominant Role
Developed Regions Continue to Extend Opportunities
Stable Economic Scenario to Underpin Market Expansion
Global Competitor Market Shares
Photonic Crystals Competitor Market Share Scenario Worldwide
(in %): 2020 & 2029
2. FOCUS ON SELECT PLAYERS
Corning Incorporated (USA)
FLIR® Systems, Inc. (USA)
Furukawa Co., Ltd. (Japan)
GLOphotonics SAS (France)
Gooch & Housego PLC (UK)
Lumentum Holdings, Inc. (USA)
MicroContinuum Inc. (USA)
NKT Photonics A/S (Denmark)
Opalux, Inc. (Canada)
Photonic Lattice, Inc. (Japan)
Teledyne Scientific & Imaging (USA)
Zecotek Photonics, Inc. (Canada)
3. MARKET TRENDS & DRIVERS
Photonic Crystals Assume Critical Importance in Industrial
Applications
Robust Opportunities Prevail in Aerospace & Defense Sector
Market Set to Make Gains in Life Sciences & Healthcare Domain
1- & 2-D Photonic Crystals: The Current Standard, 3-D Crystals
Show Promise for the Long Run
3D Photonic Crystals Witness New Milestones in Development
LEDs: The Major Application Market for Photonic Crystals
Improved Cell Efficiency Drives Use of Photonic Crystals in
Solar & PV Cells
Growing Demand for Higher Data Rates Drives Market for Photonic
Crystals-based Optical Fibers
Factors Driving Demand for Data in a Nutshell
Photonic Crystals Fuel Transformation in Display Technologies
Use of Photonic Crystal Fibers as Sensors Expands its
Functionality
Photonic Crystals Gain Significant Attention in Enhancing
Performance of Sensing Applications
Growing Popularity of Photonic Crystals-based Integrated Sensors
Sizing and Locating Bandgap - A Focus on Methods for
Computational Modeling
Lack of Sound Fabrication Methodologies - A Key Hurdle to
Market Growth
Key Issues in Fabrication of Photonic Crystals with Higher
Dimensions
Key Research Advancements Announced in the Recent Past
Combination of Quantum Dots and Photonic Crystals - A New
Research Endeavor for Efficient Lighting
Research Shows Photonic Crystals Enhance Light Output Cost
Effectively in InGaN LEDs
Osmotic Pressure-Based Microcapsulate Photonic Crystals
Photonic Crystal-based Nanolaser Biosensor for Disease Detection
4. GLOBAL MARKET PERSPECTIVE
Table 1: Photonic Crystals Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2018-2025
Table 2: Photonic Crystals Global Retrospective Market Scenario
in US$ Million by Region/Country: 2009-2017
Table 3: Photonic Crystals Market Share Shift across Key
Geographies Worldwide: 2009 VS 2019 VS 2025
Table 4: LEDs (Application) Global Opportunity Assessment in
US$ Million by Region/Country: 2018-2025
Table 5: LEDs (Application) Historic Sales Analysis in US$
Million by Region/Country: 2009-2017
Table 6: LEDs (Application) Percentage Share Breakdown of
Global Sales by Region/Country: 2009 VS 2019 VS 2025
Table 7: Optical Fibers (Application) Worldwide Sales in US$
Million by Region/Country: 2018-2025
Table 8: Optical Fibers (Application) Historic Demand Patterns
in US$ Million by Region/Country: 2009-2017
Table 9: Optical Fibers (Application) Market Share Shift across
Key Geographies: 2009 VS 2019 VS 2025
Table 10: Displays (Application) Global Market Estimates &
Forecasts in US$ Million by Region/Country: 2018-2025
Table 11: Displays (Application) Retrospective Demand Analysis
in US$ Million by Region/Country: 2009-2017
Table 12: Displays (Application) Market Share Breakdown by
Region/Country: 2009 VS 2019 VS 2025
Table 13: Solar & PV Cells (Application) Demand Potential
Worldwide in US$ Million by Region/Country: 2018-2025
Table 14: Solar & PV Cells (Application) Historic Sales
Analysis in US$ Million by Region/Country: 2009-2017
Table 15: Solar & PV Cells (Application) Share Breakdown Review
by Region/Country: 2009 VS 2019 VS 2025
Table 16: Other Applications (Application) Worldwide Latent
Demand Forecasts in US$ Million by Region/Country: 2018-2025
Table 17: Other Applications (Application) Global Historic
Analysis in US$ Million by Region/Country: 2009-2017
Table 18: Other Applications (Application) Distribution of
Global Sales by Region/Country: 2009 VS 2019 VS 2025
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Photonic Crystals Market Share (in %) by Company: 2020 & 2025
Market Analytics
Table 19: United States Photonic Crystals Latent Demand
Forecasts in US$ Million by Application: 2018 to 2025
Table 20: Photonic Crystals Historic Demand Patterns in the
United States by Application in US$ Million for 2009-2017
Table 21: Photonic Crystals Market Share Breakdown in the
United States by Application: 2009 VS 2019 VS 2025
CANADA
Table 22: Canadian Photonic Crystals Market Quantitative Demand
Analysis in US$ Million by Application: 2018 to 2025
Table 23: Photonic Crystals Market in Canada: Summarization of
Historic Demand Patterns in US$ Million by Application for
2009-2017
Table 24: Canadian Photonic Crystals Market Share Analysis by
Application: 2009 VS 2019 VS 2025
JAPAN
Table 25: Japanese Demand Estimates and Forecasts for Photonic
Crystals in US$ Million by Application: 2018 to 2025
Table 26: Japanese Photonic Crystals Market in US$ Million by
Application: 2009-2017
Table 27: Photonic Crystals Market Share Shift in Japan by
Application: 2009 VS 2019 VS 2025
CHINA
Table 28: Chinese Demand for Photonic Crystals in US$ Million
by Application: 2018 to 2025
Table 29: Photonic Crystals Market Review in China in US$
Million by Application: 2009-2017
Table 30: Chinese Photonic Crystals Market Share Breakdown by
Application: 2009 VS 2019 VS 2025
EUROPE
Market Facts & Figures
European Photonic Crystals Market: Competitor Market Share
Scenario (in %) for 2020 & 2025
Market Analytics
Table 31: European Photonic Crystals Market Demand Scenario in
US$ Million by Region/Country: 2018-2025
Table 32: Photonic Crystals Market in Europe: A Historic Market
Perspective in US$ Million by Region/Country for the Period
2009-2017
Table 33: European Photonic Crystals Market Share Shift by
Region/Country: 2009 VS 2019 VS 2025
Table 34: European Photonic Crystals Addressable Market
Opportunity in US$ Million by Application: 2018-2025
Table 35: Photonic Crystals Market in Europe: Summarization of
Historic Demand in US$ Million by Application for the Period
2009-2017
Table 36: European Photonic Crystals Market Share Analysis by
Application: 2009 VS 2019 VS 2025
FRANCE
Table 37: Photonic Crystals Quantitative Demand Analysis in
France in US$ Million by Application: 2018-2025
Table 38: French Photonic Crystals Historic Market Review in
US$ Million by Application: 2009-2017
Table 39: French Photonic Crystals Market Share Analysis:
A 17-Year Perspective by Application for 2009, 2019, and 2025
GERMANY
Table 40: Photonic Crystals Market in Germany: Annual Sales
Estimates and Forecasts in US$ Million by Application for the
Period 2018-2025
Table 41: German Photonic Crystals Market in Retrospect in US$
Million by Application: 2009-2017
Table 42: Photonic Crystals Market Share Distribution in
Germany by Application: 2009 VS 2019 VS 2025
ITALY
Table 43: Italian Demand for Photonic Crystals in US$ Million
by Application: 2018 to 2025
Table 44: Photonic Crystals Market Review in Italy in US$
Million by Application: 2009-2017
Table 45: Italian Photonic Crystals Market Share Breakdown by
Application: 2009 VS 2019 VS 2025
UNITED KINGDOM
Table 46: United Kingdom Demand Estimates and Forecasts for
Photonic Crystals in US$ Million by Application: 2018 to 2025
Table 47: United Kingdom Photonic Crystals Market in US$
Million by Application: 2009-2017
Table 48: Photonic Crystals Market Share Shift in the United
Kingdom by Application: 2009 VS 2019 VS 2025
REST OF EUROPE
Table 49: Rest of Europe Photonic Crystals Addressable Market
Opportunity in US$ Million by Application: 2018-2025
Table 50: Photonic Crystals Market in Rest of Europe:
Summarization of Historic Demand in US$ Million by Application
for the Period 2009-2017
Table 51: Rest of Europe Photonic Crystals Market Share
Analysis by Application: 2009 VS 2019 VS 2025
ASIA-PACIFIC
Table 52: Photonic Crystals Quantitative Demand Analysis in
Asia-Pacific in US$ Million by Application: 2018-2025
Table 53: Asia-Pacific Photonic Crystals Historic Market Review
in US$ Million by Application: 2009-2017
Table 54: Asia-Pacific Photonic Crystals Market Share Analysis:
A 17-Year Perspective by Application for 2009, 2019, and 2025
REST OF WORLD
Table 55: Rest of World Photonic Crystals Market Quantitative
Demand Analysis in US$ Million by Application: 2018 to 2025
Table 56: Photonic Crystals Market in Rest of World:
Summarization of Historic Demand Patterns in US$ Million by
Application for 2009-2017
Table 57: Rest of World Photonic Crystals Market Share Analysis
by Application: 2009 VS 2019 VS 2025
IV. COMPETITION
Total Companies Profiled: 15
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