According to a market report by Lucintel, the future of the global photonic crystal market looks promising with opportunities in the industrial, aerospace and defense, life sciences and healthcare, and research and development (R&D) markets. The global photonic crystal market is expected to grow with a CAGR of 8.0% from 2024 to 2030. The major drivers for this market are high adaption of photonic crystals for trapping solar energy and growing demand for renewable energy.
A more than 150-page report to understand trends, opportunity and forecast in photonic crystal market to 2030 by type (1-D photonic crystals, 2-D photonic crystals, and 3-D photonic crystals), application (optical fiber, LED, image sensor, solar and PV cell, laser, discrete and integrated optical component, and others), end use (industrial, aerospace and defense, life sciences and healthcare, research and development (R&D), and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that 1-D photonic crystal is expected to witness highest growth over the forecast period as it is easy to fabricate using a variety of techniques, such as thin film deposition and photolithography.
Within this market, aerospace and defense is expected to witness highest growth over the forecast period due to increasing adoption of image sensors and optical fibers for greater communication.
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APAC is expected to witness highest growth over the forecast period due to strong growth of the electronics industry and presence of major players in the region.
Corning Incorporated, Furukawa Electric, Glophotonics, Gooch & Housego, Hamamatsu Photonics are the major suppliers in the photonic crystal market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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