Global Photonic Crystals Industry

Global Photonic Crystals Market to Reach US$30. 9 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Photonic Crystals estimated at US$14. 4 Billion in the year 2020, is projected to reach a revised size of US$30.

New York, July 14, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Photonic Crystals Industry" - https://www.reportlinker.com/p03646044/?utm_source=GNW
9 Billion by 2027, growing at a CAGR of 11.5% over the analysis period 2020-2027.LEDs, one of the segments analyzed in the report, is projected to grow at a 11% CAGR to reach US$9.4 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Optical Fibers segment is readjusted to a revised 13.4% CAGR for the next 7-year period. This segment currently accounts for a 24.3% share of the global Photonic Crystals market.

The U.S. Accounts for Over 29.5% of Global Market Size in 2020, While China is Forecast to Grow at a 11.1% CAGR for the Period of 2020-2027
The Photonic Crystals market in the U.S. is estimated at US$4.3 Billion in the year 2020. The country currently accounts for a 29.49% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$5.4 Billion in the year 2027 trailing a CAGR of 11.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.9% and 9.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR while Rest of European market (as defined in the study) will reach US$5.4 Billion by the year 2027.

Displays Segment Corners a 21.3% Share in 2020
In the global Displays segment, USA, Canada, Japan, China and Europe will drive the 7.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.5 Billion in the year 2020 will reach a projected size of US$4.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.7 Billion by the year 2027.We bring years of research experience to this 18th edition of our report. The 108-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

-Competitors identified in this market include, among others,

• Corning Inc.

• 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.

Read the full report: https://www.reportlinker.com/p03646044/?utm_source=GNW

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
Impact of Covid-19 and a Looming Global Recession

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: 2020-2027

Table 2: Photonic Crystals Global Retrospective Market Scenario
in US$ Million by Region/Country: 2012-2019

Table 3: Photonic Crystals Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027

Table 4: LEDs (Application) Global Opportunity Assessment in
US$ Million by Region/Country: 2020-2027

Table 5: LEDs (Application) Historic Sales Analysis in US$
Million by Region/Country: 2012-2019

Table 6: LEDs (Application) Percentage Share Breakdown of
Global Sales by Region/Country: 2012 VS 2020 VS 2027

Table 7: Optical Fibers (Application) Worldwide Sales in US$
Million by Region/Country: 2020-2027

Table 8: Optical Fibers (Application) Historic Demand Patterns
in US$ Million by Region/Country: 2012-2019

Table 9: Optical Fibers (Application) Market Share Shift across
Key Geographies: 2012 VS 2020 VS 2027

Table 10: Displays (Application) Global Market Estimates &
Forecasts in US$ Million by Region/Country: 2020-2027

Table 11: Displays (Application) Retrospective Demand Analysis
in US$ Million by Region/Country: 2012-2019

Table 12: Displays (Application) Market Share Breakdown by
Region/Country: 2012 VS 2020 VS 2027

Table 13: Solar & PV Cells (Application) Demand Potential
Worldwide in US$ Million by Region/Country: 2020-2027

Table 14: Solar & PV Cells (Application) Historic Sales
Analysis in US$ Million by Region/Country: 2012-2019

Table 15: Solar & PV Cells (Application) Share Breakdown Review
by Region/Country: 2012 VS 2020 VS 2027

Table 16: Other Applications (Application) Worldwide Latent
Demand Forecasts in US$ Million by Region/Country: 2020-2027

Table 17: Other Applications (Application) Global Historic
Analysis in US$ Million by Region/Country: 2012-2019

Table 18: Other Applications (Application) Distribution of
Global Sales by Region/Country: 2012 VS 2020 VS 2027

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: 2020 to 2027

Table 20: Photonic Crystals Historic Demand Patterns in the
United States by Application in US$ Million for 2012-2019

Table 21: Photonic Crystals Market Share Breakdown in the
United States by Application: 2012 VS 2020 VS 2027

CANADA
Table 22: Canadian Photonic Crystals Market Quantitative Demand
Analysis in US$ Million by Application: 2020 to 2027

Table 23: Photonic Crystals Market in Canada: Summarization of
Historic Demand Patterns in US$ Million by Application for
2012-2019

Table 24: Canadian Photonic Crystals Market Share Analysis by
Application: 2012 VS 2020 VS 2027

JAPAN
Table 25: Japanese Demand Estimates and Forecasts for Photonic
Crystals in US$ Million by Application: 2020 to 2027

Table 26: Japanese Photonic Crystals Market in US$ Million by
Application: 2012-2019

Table 27: Photonic Crystals Market Share Shift in Japan by
Application: 2012 VS 2020 VS 2027

CHINA
Table 28: Chinese Demand for Photonic Crystals in US$ Million
by Application: 2020 to 2027

Table 29: Photonic Crystals Market Review in China in US$
Million by Application: 2012-2019

Table 30: Chinese Photonic Crystals Market Share Breakdown by
Application: 2012 VS 2020 VS 2027

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: 2020-2027

Table 32: Photonic Crystals Market in Europe: A Historic Market
Perspective in US$ Million by Region/Country for the Period
2012-2019

Table 33: European Photonic Crystals Market Share Shift by
Region/Country: 2012 VS 2020 VS 2027

Table 34: European Photonic Crystals Addressable Market
Opportunity in US$ Million by Application: 2020-2027

Table 35: Photonic Crystals Market in Europe: Summarization of
Historic Demand in US$ Million by Application for the Period
2012-2019

Table 36: European Photonic Crystals Market Share Analysis by
Application: 2012 VS 2020 VS 2027

FRANCE
Table 37: Photonic Crystals Quantitative Demand Analysis in
France in US$ Million by Application: 2020-2027

Table 38: French Photonic Crystals Historic Market Review in
US$ Million by Application: 2012-2019

Table 39: French Photonic Crystals Market Share Analysis:
A 17-Year Perspective by Application for 2012, 2020, and 2027

GERMANY
Table 40: Photonic Crystals Market in Germany: Annual Sales
Estimates and Forecasts in US$ Million by Application for the
Period 2020-2027

Table 41: German Photonic Crystals Market in Retrospect in US$
Million by Application: 2012-2019

Table 42: Photonic Crystals Market Share Distribution in
Germany by Application: 2012 VS 2020 VS 2027

ITALY
Table 43: Italian Demand for Photonic Crystals in US$ Million
by Application: 2020 to 2027

Table 44: Photonic Crystals Market Review in Italy in US$
Million by Application: 2012-2019

Table 45: Italian Photonic Crystals Market Share Breakdown by
Application: 2012 VS 2020 VS 2027

UNITED KINGDOM
Table 46: United Kingdom Demand Estimates and Forecasts for
Photonic Crystals in US$ Million by Application: 2020 to 2027

Table 47: United Kingdom Photonic Crystals Market in US$
Million by Application: 2012-2019

Table 48: Photonic Crystals Market Share Shift in the United
Kingdom by Application: 2012 VS 2020 VS 2027

REST OF EUROPE
Table 49: Rest of Europe Photonic Crystals Addressable Market
Opportunity in US$ Million by Application: 2020-2027

Table 50: Photonic Crystals Market in Rest of Europe:
Summarization of Historic Demand in US$ Million by Application
for the Period 2012-2019

Table 51: Rest of Europe Photonic Crystals Market Share
Analysis by Application: 2012 VS 2020 VS 2027

ASIA-PACIFIC
Table 52: Photonic Crystals Quantitative Demand Analysis in
Asia-Pacific in US$ Million by Application: 2020-2027

Table 53: Asia-Pacific Photonic Crystals Historic Market Review
in US$ Million by Application: 2012-2019

Table 54: Asia-Pacific Photonic Crystals Market Share Analysis:
A 17-Year Perspective by Application for 2012, 2020, and 2027

REST OF WORLD
Table 55: Rest of World Photonic Crystals Market Quantitative
Demand Analysis in US$ Million by Application: 2020 to 2027

Table 56: Photonic Crystals Market in Rest of World:
Summarization of Historic Demand Patterns in US$ Million by
Application for 2012-2019

Table 57: Rest of World Photonic Crystals Market Share Analysis
by Application: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 15
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