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Photonic Crystals Market Report by Type, Application, End User, and Region 2024-2032

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    Report

  • 149 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5562588
Description Jump to:
The global photonic crystals market size reached US$ 58.7 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 112.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.5% during 2023-2032.

Photonic crystals are a periodic dielectric optical nanostructure that is intended for forming the energy band structure to exhibit the motion of photons. They are utilized to manipulate, control and diffract the light. Currently, photonic crystals are available in three varying types, such as one, two, and three-dimensional (1D, 2D, and 3D). Among these the one-dimensional crystals are created by getting stuck together or layers of deposits, whereas 2D are designed by drilling holes and photolithography. On the other hand, 3D photonic crystals are formulated by drilling distinct layers, and assembling 2D layers.

Photonic Crystals Market Trends:

The widespread adoption of photonic crystals across various industrial verticals, such as information technology (IT), healthcare, life sciences, commercial, aerospace, and defense, is one of the key factors driving the photonic crystals market growth. In line with this, the increasing demand for light-emitting diode (LED) products is considerably contributing to the market growth. Additionally, the growing demand for 2D photonic crystals in the commercial sector for interacting with ultracold atoms and engineering the light emission patterns, optical dispersion, and photon-mediated coherent communications is creating a positive outlook for the market. The numerous initiatives undertaken by the regulatory bodies of various nations for promoting the usage of green photonics to protect the environment by reducing the greenhouse gas (GHG) emissions caused by transport, land use, and agricultural activities is positively stimulating the market growth. Moreover, photonic crystals are also used in bio sources, optical fibers, image sensors, lasers, supercontinuum sources, photovoltaic (PV) cells, and discrete optical components, which, in turn, is driving the market toward growth. Other factors, such as the rising investments in research and development (R&D) activities in the field of electrical engineering, and the escalating deployment of photonic crystals for trapping solar energy for its more effective usage, are driving the market toward growth further across the globe.

Key Market Segmentation:

The report provides an analysis of the key trends in each sub-segment of the global photonic crystals market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, application and end user.

Breakup by Type:

1-D Photonic Crystals
2-D Photonic Crystals
3-D Photonic Crystals

Breakup by Application:

Optical Fiber
LED
Image Sensor
Solar and PV Cell
Laser
Discrete and Integrated Optical Component
Others

Breakup by End User:

Industrial
Aerospace and Defense
Life Sciences and Healthcare
Research and Development (R&D)
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Corning Incorporated, Furukawa Electric Co. Ltd., GLOphotonics SAS, Gooch & Housego, Hamamatsu Photonics K.K., IPG Photonics Corporation, NKT Photonics A/S, Opalux Inc., Palo Alto Research Center Incorporated (Xerox Corporation), Photonic Lattice Inc. (Photron) and Teledyne Technologies Incorporated.

Key Questions Answered in This Report

1. What was the size of the global photonic crystals market in 2023?
2. What is the expected growth rate of the global photonic crystals market during 2024-2032?
3. What are the key factors driving the global photonic crystals market?
4. What has been the impact of COVID-19 on the global photonic crystals market?
5. What is the breakup of the global photonic crystals market based on the application?
6. What are the key regions in the global photonic crystals market?
7. Who are the key players/companies in the global photonic crystals market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Photonic Crystals Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 1-D Photonic Crystals
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 2-D Photonic Crystals
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 3-D Photonic Crystals
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Optical Fiber
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 LED
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Image Sensor
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Solar and PV Cell
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Laser
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Discrete and Integrated Optical Component
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Others
7.7.1 Market Trends
7.7.2 Market Forecast
8 Market Breakup by End User
8.1 Industrial
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Aerospace and Defense
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Life Sciences and Healthcare
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Research and Development (R&D)
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Corning Incorporated
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Furukawa Electric Co. Ltd.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 GLOphotonics SAS
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Gooch & Housego
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 Hamamatsu Photonics K.K.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 IPG Photonics Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 NKT Photonics A/S
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Opalux Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Palo Alto Research Center Incorporated (Xerox Corporation)
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Photonic Lattice Inc. (Photron)
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Teledyne Technologies Incorporated
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
List of Figures
Figure 1: Global: Photonic Crystals Market: Major Drivers and Challenges
Figure 2: Global: Photonic Crystals Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Photonic Crystals Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Photonic Crystals Market: Breakup by Type (in %), 2023
Figure 5: Global: Photonic Crystals Market: Breakup by Application (in %), 2023
Figure 6: Global: Photonic Crystals Market: Breakup by End User (in %), 2023
Figure 7: Global: Photonic Crystals Market: Breakup by Region (in %), 2023
Figure 8: Global: Photonic Crystals (1-D Photonic Crystals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Photonic Crystals (1-D Photonic Crystals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Photonic Crystals (2-D Photonic Crystals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Photonic Crystals (2-D Photonic Crystals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Photonic Crystals (3-D Photonic Crystals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Photonic Crystals (3-D Photonic Crystals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Photonic Crystals (Optical Fiber) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Photonic Crystals (Optical Fiber) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Photonic Crystals (LED) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Photonic Crystals (LED) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Photonic Crystals (Image Sensor) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Photonic Crystals (Image Sensor) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Photonic Crystals (Solar and PV Cell) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Photonic Crystals (Solar and PV Cell) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Photonic Crystals (Laser) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Photonic Crystals (Laser) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Photonic Crystals (Discrete and Integrated Optical Component) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Photonic Crystals (Discrete and Integrated Optical Component) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Photonic Crystals (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Photonic Crystals (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Photonic Crystals (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Photonic Crystals (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Photonic Crystals (Aerospace and Defense) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Photonic Crystals (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Photonic Crystals (Life Sciences and Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Photonic Crystals (Life Sciences and Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Photonic Crystals (Research and Development-R&D) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Photonic Crystals (Research and Development-R&D) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Photonic Crystals (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Photonic Crystals (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: North America: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: North America: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: United States: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: United States: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Canada: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Canada: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Asia-Pacific: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Asia-Pacific: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: China: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: China: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Japan: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Japan: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: India: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: India: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: South Korea: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: South Korea: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Australia: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Australia: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Indonesia: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Indonesia: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Others: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Others: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Europe: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Europe: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Germany: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Germany: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: France: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: France: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: United Kingdom: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: United Kingdom: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Italy: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Italy: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Spain: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Spain: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Russia: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Russia: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Others: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Others: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Latin America: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Latin America: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Brazil: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Brazil: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Mexico: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Mexico: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Others: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Others: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Middle East and Africa: Photonic Crystals Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Middle East and Africa: Photonic Crystals Market: Breakup by Country (in %), 2023
Figure 86: Middle East and Africa: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Global: Photonic Crystals Industry: SWOT Analysis
Figure 88: Global: Photonic Crystals Industry: Value Chain Analysis
Figure 89: Global: Photonic Crystals Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Photonic Crystals Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Photonic Crystals Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Photonic Crystals Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 4: Global: Photonic Crystals Market Forecast: Breakup by End User (in Million US$), 2024-2032
Table 5: Global: Photonic Crystals Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Photonic Crystals Market: Competitive Structure
Table 7: Global: Photonic Crystals Market: Key Players

Companies Mentioned

  • Corning Incorporated
  • Furukawa Electric Co. Ltd.
  • GLOphotonics SAS
  • Gooch & Housego
  • Hamamatsu Photonics K.K.
  • IPG Photonics Corporation
  • NKT Photonics A/S
  • Opalux Inc.
  • Palo Alto Research Center Incorporated (Xerox Corporation)
  • Photonic Lattice Inc. (Photron)
  • Teledyne Technologies Incorporated

Methodology

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Table Information

Report AttributeDetails
No. of Pages149
PublishedJuly 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 58.7 Billion
Forecasted Market Value ( USD ) by 2032 $ 112.4 Billion
Compound Annual Growth Rate7.5%
Regions CoveredGlobal
No. of Companies Mentioned11

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About the Photonic Crystal Market

The Photonic Crystal market is a subset of the Optoelectronics industry, which focuses on the development and production of optical components and systems. Photonic Crystals are a type of nanostructure that can be used to manipulate light in a variety of ways, such as controlling the direction of light, its intensity, and its polarization. Photonic Crystals are used in a variety of applications, including optical communications, optical sensing, and optical computing. The Photonic Crystal market is driven by the increasing demand for high-performance optical components and systems, as well as the need for more efficient and cost-effective solutions. The market is also driven by the development of new technologies, such as nanotechnology, which has enabled the production of more advanced Photonic Crystals. Some of the major companies in the Photonic Crystal market include Intel, IBM, Samsung, and Panasonic. Other companies include Corning, Finisar, and Luxtera. Show Less Read more

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