A comprehensive study and in depth analysis by Alled market research forecast that the market for modules and components with the use of Photonic Crystals to be at a CAGR of 33.1% and is estimated to reach $20.4 billion in 2017.
Portland, Oregon (PRWEB UK) 20 May 2014
Photonic Crystals are attractive optical materials for controlling and manipulating the flow of light (as per R.D). In 1887 the English physicist Lord Rayleigh tried different things with intermittent multi-layer dielectric stacks, indicating such material had a photonic band-gap in one measurement. Interest for research developed with work in 1987 by Yablonovitch and John on more than one dimension periodic optical structures, now known as photonic crystals.
See full global photonic crystals market report at http://www.alliedmarketresearch.com/photonic-crystals-market.
A comprehensive study and in depth analysis by Alled market research forecast that the market for modules and components with the use of Photonic Crystals to be at a CAGR of 33.1% and is estimated to reach $20.4 billion in 2017. Further, the report observed that application segment of photonic crystal market will be leading. LED segment with a CAGR of 39% and Solar and PV cells with a CAGR of 61.6% are expected to generate a revenue of $7.5 billion and $4.1 Billion in 2017, respectively. LED and Solar & PV, both fall under application segment of Photonic crystal market.
Photonic crystal can be one of the best replacement for semi-conductor fabrication; however, it still needs advanced technologies to be an alternative to present day electronics.
The key players in this market are Opalux, Corning Incorporated, Epistar, Fianium, Furukawa Electric, Luxtaltek Corporation, Palo Alto Research Center (PARC), Sandia and Lockheed Martin, L.P. (HP Labs), ICX Photonics.
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Below is the segmentation of photonic crystal market by AMR
Global market, by construction strategies
- One-dimensional Photonic Crystals
- Two-dimensional Photonic Crystals
- Three-dimensional Photonic Crystals
Global market, by geography
- North America
Global market, by applications
- Optical fibers
- Discrete and Integrated optical components
- Image sensors
- Solar and PV cells
- Photonic Crystals providing companies, dealers and wholesalers
- Potential entrants interested in entering this market
- Experts and people involved in the development of components and modules
- Academic and Research institutes
- End-application device vendors who can use the superior attributes of Photonic Crystals in their products.
Browse all materials and chemicals report at http://www.alliedmarketresearch.com/materials-&-chemicals-market-report.
Allied Market Research (AMR) is a global market research and business consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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