Photonic Crystals Market To Be Worth USD 99.26 Billion by 2027 | CAGR of 8.2%: Emergen Research

VANCOUVER, BC, Oct. 26, 2020 /PRNewswire/ -- The Global Photonic Crystals Market is forecast to be worth USD 99.26 Billion by 2027, according to the latest analysis by Emergen Research. Due to the growing use of photonic crystal as it offers improved properties than metal products, the Photonic Crystals Market is anticipated to expand significantly. Besides, the growing proliferation of small-size displays is anticipated to also stimulate market growth. The increasing demand for the display of photonic crystals in the LEDs due to less power usage is predicted to fuel the market growth in the following years.

However, it is anticipated that expensive photonic crystal-associated solutions will impede market growth over the forecasted period.

Request free sample of this research report at: https://www.emergenresearch.com/request-sample/277

Key Highlights From The Report

• In January 2019, Micron Technology, Inc., announced that it is exercising its right to acquire Intel's stake in the partnership of the firms, IM Flash Technologies, LLC. The acquisition of IM Flash will help Micron improve its research and development activities and optimize its 3D XPoint production plan.
• Due to the dimensionally cross-sectional architecture, like hexagonal lattice and cubic lattice, the Two-Dimensional Photonic segment is speculated to hold the largest market with a CAGR of 8.8% through the forecast duration.
• Due to its superior capabilities of controlling light flow and architecture versatility offering specific properties, the optical fiber segment is estimated to account for the largest market share through the forecast period.
• Owing to the rising deployment of LED displays, optical sensors, and solar power, the industrial segment is projected to dominate the market with a CAGR of 8.4% over the forecast timeframe.
• Due to the increasing research and development activities, the Asia Pacific region is estimated to lead the worldwide photonic crystal market. Moreover, increasing government spending in developing countries such as China, India, Japan, and Korea has expanded the use of commodities in the region, which is anticipated to boost market growth more shortly.
• Key participants include Corning Inc., Epistar Corp., Micron Technology, Inc., Opalux Inc., TDK Corporation, Rohm Co., Ltd., Luminus Devices Inc., ICx Photonics, Inc., NKT Photonics Inc., and Palo Alto Research Center, among others.

To get leading market solutions, visit the link below: 
https://www.emergenresearch.com/industry-report/photonic-crystals-market

Emergen Research has segmented the Global Photonic Crystals Market based on type, application, end-use, and region:

• Type Outlook (Revenue, USD Billion; 2017-2027)
• One-Dimensional Photonic
• Two-Dimensional Photonic
• Three-Dimensional Photonic
• Application Outlook (Revenue, USD Billion; 2017-2027)
• Image Sensors
• Solar & PV Cells
• LEDs Displays
• Optical Fibers
• Discrete & Integrated Optical Components Lasers
• Others
• End-Use Outlook (Revenue, USD Billion; 2017-2027)
• Manufacturing
• Healthcare
• Aerospace & Defense
• Industrial
• Others

Order Now: https://www.emergenresearch.com/select-license/277

• Regional Outlook (Revenue, USD Billion; 2017-2027)
• North America

1. U.S.
2. Canada
3. Mexico

1. Germany
2. U.K.
3. France
4. BENELUX
5. Rest of Europe

1. China
2. Japan
3. South Korea
4. India
5. Rest of APAC

1. Brazil
2. Rest of LATAM

1. Saudi Arabia
2. UAE
3. Rest of MEA

Find more similar research insights by Emergen Research:

Surface Treatment Chemicals Market By Chemical Type (Plating Chemicals, Cleaners, Conversion Coating), By Base Material Type (Plastics, Metals, Others), By Industry Vertical (Construction, Transportation, General Industry, Others), and By Region, Forecasts to 2027

Needle Coke Market By Product Type (Coal-Based Needle Coke, Petroleum-Based Needle Coke), By Grade (Super-Premium Grade, Premium Grade, Intermediate-Premium Grade), By Application (Electrodes, Silicon Metal & Ferroalloys, Carbon Black, Rubber Compounds, Others), and By Region, Forecasts to 2027

Anti Fingerprint Coatings Market By Type (Hydrophobic Coating, Oleophobic Coating), By Technology (Vacuum Deposition, Sol Gel, Others), By Application (Consumer Goods, Building & Construction, Automotive, Solar Panels, Others), and By Region, Forecasts to 2027

Hunting and Shooting Ammunition Market By Type (Bullets, Artillery Shells, Others), By End Users (Hunting, Sports, Training), By Caliber (Small, Medium), By Materials (Steel, Polymers) and Regions Forecasts to 2027

Renewable Polypropylene Market By Source (Beet, Corn, Sugarcane, Others), By Application (Textile, Injection, Films, Others), By End-Use (Construction, Automotive, Electronics, Industrial, Others), By Region Forecasts to 2027

About Emergen Research

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

With market-leading insights and an in-depth understanding of leading and niche technologies, our solutions address the most pertinent questions for your business needs. A major technological shift has been witnessed towards creating a 'Circular Economy,' fuelled by factors, such as the increased adoption of bio-based materials, along with other methods for achieving carbon neutrality. We are conversant in technologies, viz., Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), Robotic Process Automation (RPA), Smart Manufacturing, Internet of Things (IoT), Big Data Analytics, Machine learning, Nanotechnology, Edge Computing, Blockchain Technology, Cloud Computing, Vehicle Electrification, Advanced Maintenance Analytics, and Predictive Maintenance, among other prevalent and emergent technologies.

Contact Us:

Eric Lee
Corporate Sales Specialist
Emergen Research | Web: https://www.emergenresearch.com
Direct Line: +1-(604)-757-9756
E-mail: [email protected]

Read full Press Release at: https://www.emergenresearch.com/press-release/global-photonic-crystals-market

View original content:http://www.prnewswire.com/news-releases/photonic-crystals-market-to-be-worth-usd-99-26-billion-by-2027--cagr-of-8-2-emergen-research-301159623.html

SOURCE Emergen Research