Global Photonic Crystals Market Growth 2023-2029

Global Photonic Crystals Market Growth 2023-2029

The global Photonic Crystals market size is projected to grow from US$ 10 million in 2022 to US$ 23 million in 2029; it is expected to grow at a CAGR of 23 from 2023 to 2029.

The key manufacturers of Photonic Crystals in the world are NKT Photonics A/S, Yangtze, Optical Electronic, iXblue Photonics, Shanghai Precilasers, GLOphotonics SAS, Kongtum, Science & Technology and IRFlex Corporation, among which the top three manufacturers account for more than 90% of the market share, and the largest manufacturer is NKT Photonics A/S. The global production of photonic crystals is mainly distributed in North America, Europe and China, among which the market share of the top three production regions is more than 99%. At present, Europe is the largest production region. In terms of its application, fiber-optic laser is a major field of application, with a market share of more than 50%, followed by arospace and defense, medicine and life sciences, and communications.

Photonic crystals are periodic dielectric structures that are designed to form the energy band structure for photons, which either allows or forbids the propagation of electromagnetic waves of certain frequency ranges, making them ideal for light-harvesting applications. Photonic crystals are attractive optical materials for controlling and manipulating light flow. One dimensional photonic crystals are already in widespread use, in the form of thin-film optics, with applications from low and high reflection coatings on lenses and mirrors to colour changing paints and inks. Two-dimensional photonic crystals are mainly commercialized with photonic crystal fibers. At present, two-dimensional photonic crystals are the most commonly used photonic crystal products, and the report data also mainly shows photonic crystal fibers.

LPI (LP Information)' newest research report, the “Photonic Crystals Industry Forecast” looks at past sales and reviews total world Photonic Crystals sales in 2022, providing a comprehensive analysis by region and market sector of projected Photonic Crystals sales for 2023 through 2029. With Photonic Crystals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Photonic Crystals industry.

This Insight Report provides a comprehensive analysis of the global Photonic Crystals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Photonic Crystals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Photonic Crystals market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Photonic Crystals and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Photonic Crystals.

This report presents a comprehensive overview, market shares, and growth opportunities of Photonic Crystals market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
One-Dimensional Photonic Crystal
Two-Dimensional Photonic Crystals

Segmentation by application
Fiber-optic Laser
Communication Systems
Medical & Life Science
Aerospace & Defense

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NKT Photonics A/S
Yangtze Optical Electronic
iXblue Photonics
Shanghai Precilasers
GLOphotonics SAS
Kongtum Science & Technology
IRFlex Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Photonic Crystals market?

What factors are driving Photonic Crystals market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Photonic Crystals market opportunities vary by end market size?

How does Photonic Crystals break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.