Tuesday, February 18, 2014

Global photonics crystals market to reach $20.4 billion by 2017


Similar to how semiconductor crystals impact the flow of electrons, photonic crystals manipulate the motion of photons and can be utilized across a range of component applications, including LEDs, solar and PV cells, displays, biosensors, image sensors, optical fibers, discrete and integrated optical components, as well as lasers and supercontinuum sources. Despite downward revisions from previous market estimates, photonic crystals are positioned for tremendous near-term potential. This growth is being shaped primarily by growing consumer demand across a range of industries and a steadily improving global economy.

BCC Research provides an in-depth analysis of the global market for components and modules using photonic crystals through its report Global Markets and Technologies for Photonic Crystals. According to the report, this market was valued at nearly $3.5 billion in 2011 and $4.8 billion for 2012. BCC Research projects the market to grow to $20.4 billion by 2017, and register a five-year compound annual growth rate of 33.1% from 2012 to 2017.

Use this report to:
  • Gain an overview of the global market for components and modules using photonic crystals.
  • Analyze global market trends, with data from 2010 through 2012, and projections of CAGRs through 2017.
  • Evaluate forecasts of the market sizes for the following: Photonic crystal-enabled components and modules such as LEDs, solar and PV cells, displays, biosensors, image sensors, optical fibers, discrete and integrated optical components as well as lasers and supercontinuum sources.
  • Assess the technology and commercial promise of photonic crystals across applications and domains.
  • Examine the major stakeholder classes engaged in photonic crystal commercialization and the activities of key players in this domain.
  • Review comprehensive company profiles of major players in the industry.
 

To order your copy of this report (or any of its chapters) or to download the complimentary introduction chapter, click here.


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