Analysis of Photonic Crystals market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Photonic crystals are also known as photonic bandgap materials are the periodic optical nanostructure affecting the motion of photons. It occurs in the nature in form of animal reflectors and structural coloration and in different forms with a range of applications. Photonic crystals can be used to control the emission and propagation of light.
One-dimensional, two-dimensional, and three-dimensional photonic crystals are three types of photonic crystals used across various industries. Among these, one-dimensional photonic crystals are widely used in form of thin-film optics with the application in low and high reflection coatings on the lenses and mirrors to color-changing inks and paints. Meanwhile, two-dimensional photonic crystals are beginning to find commercial applications.
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Some of the key players in the photonic crystals market are Furukawa Electric Co. Ltd, NKT Photonics A/S, MKS INSTRUMENTS, INC, Lockheed Martin Corporation, GLOphotonics, GOOCH & HOUSEGO PLC, NeoPhotonics Corporation, IPG Photonics Corporation, and Corning Incorporated
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Improving Next-Gen QD-LED with Photonic Crystals
Quantum Dots (QD) is one of the key materials in the next-gen displays. With high quantum efficiency and narrow full-width at half maximum, QD enables highly efficient display along with the wide color gamut as compared to other displays. In order to increase light extraction and material use of QD display, photonic crystals with the preferred photonic stopband are used in the LEDs.
Photonic crystals also help to develop high-intensity QD-LED with low QD use, thereby, reducing the cost and little amount of cadmium, while producing more eco-friendly and competitive QD-LED products. Thus, manufacturers are focusing on combining QD and photonic crystals to provide brighter and more efficient computer, tablet, and mobile phone displays, and also enhance LED lighting.
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Photonic crystals have gained much interest in research and development in recent years owing to the wavelength scale periodic nature allowing the manipulation of light in a way that is impossible with conventional materials. In recent years, the use of thermophotovoltaic systems has increased as portable generators to power sensors, small robotic platforms, and portable communication and computational devices. This is driving the demand for 2D photonic crystals as the emitters for the high-performance thermophotovoltaic system as it offers spectral tailoring of the thermal radiation and wide range of incidence angles.
Recently, scientists with the help of electronic microscopy have tracked defects in the surface of 2D photonic crystals. This new system can help to create microprocessors for optical computers. With the high-quality X-ray, scientists have been able to observe the structure of crystals and identify internal defects of the mesoscopic structures.
Various complications in the manufacturing of photonic crystals are likely to hamper the growth of the photonic crystals market. For the high dimensional photonic crystals, the major challenge is the fabrication of these structures along with the sufficient precision to prevent scattering losses the blur properties of the crystal. Another challenge in the fabrication of the high dimension photonic crystals is designing a process that can significantly mass-produce the crystals.
However, manufacturers in the photonic crystals market have various fabrication methods to produce photonic crystals. For instance, the shear-assembly technique is used to produce mass-scale 3D photonic films and fibers. Meanwhile, the photonic crystal slab is another method that can be used to develop 2D photonic crystals. It consists of a slab of materials such as silicon that can be patterned using some techniques from the semiconductor industry.
The photonic crystals market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with photonic crystals market attractiveness as per segments. The report also maps the qualitative impact of various market factors on photonic crystals market segments and geographies.
Based on the type, the photonic crystals market is segmented into
On the basis of application, the photonic crystals market is segmented into
The research report presents a comprehensive assessment of the photonic crystals market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to photonic crystals market segments such as geographies, application and industry.
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Photonic crystals market is expected to grow at a CAGR of 8% during the forecast period.
Rise in demand for photonic crystals in LED is driving the photonic crystals market.
Latin America is expected to be the most lucrative region for the growth of photonic crystals industry.
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