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Photonic Crystals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global photonic crystals market reached a value of US$ 49.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 81.9 Billion by 2027 exhibiting a growth rate (CAGR) of 8.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Photonic crystals are a periodic dielectric optical nanostructure that is intended for forming the energy band structure to exhibit the motion of photons. They are utilized to manipulate, control and diffract the light. Currently, photonic crystals are available in three varying types, such as one, two, and three-dimensional (1D, 2D, and 3D). Among these the one-dimensional crystals are created by getting stuck together or layers of deposits, whereas 2D are designed by drilling holes and photolithography. On the other hand, 3D photonic crystals are formulated by drilling distinct layers, and assembling 2D layers.

 

 
 

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Photonic Crystals Market Trends:

The widespread adoption of photonic crystals across various industrial verticals, such as information technology (IT), healthcare, life sciences, commercial, aerospace, and defense, is one of the key factors driving the photonic crystals market growth. In line with this, the increasing demand for light-emitting diode (LED) products is considerably contributing to the market growth. Additionally, the growing demand for 2D photonic crystals in the commercial sector for interacting with ultracold atoms and engineering the light emission patterns, optical dispersion, and photon-mediated coherent communications is creating a positive outlook for the market. The numerous initiatives undertaken by the regulatory bodies of various nations for promoting the usage of green photonics to protect the environment by reducing the greenhouse gas (GHG) emissions caused by transport, land use, and agricultural activities is positively stimulating the market growth. Moreover, photonic crystals are also used in bio sources, optical fibers, image sensors, lasers, supercontinuum sources, photovoltaic (PV) cells, and discrete optical components, which, in turn, is driving the market toward growth. Other factors, such as the rising investments in research and development (R&D) activities in the field of electrical engineering, and the escalating deployment of photonic crystals for trapping solar energy for its more effective usage, are driving the market toward growth further across the globe.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global photonic crystals market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, application and end user.

Breakup by Type:

 

 
 

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  • 1-D Photonic Crystals
  • 2-D Photonic Crystals
  • 3-D Photonic Crystals
     

Breakup by Application:

  • Optical Fiber
  • LED
  • Image Sensor
  • Solar and PV Cell
  • Laser
  • Discrete and Integrated Optical Component
  • Others
     

Breakup by End User:

  • Industrial
  • Aerospace and Defense
  • Life Sciences and Healthcare
  • Research and Development (R&D)
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Corning Incorporated, Furukawa Electric Co. Ltd., GLOphotonics SAS, Gooch & Housego, Hamamatsu Photonics K.K., IPG Photonics Corporation, NKT Photonics A/S, Opalux Inc., Palo Alto Research Center Incorporated (Xerox Corporation), Photonic Lattice Inc. (Photron) and Teledyne Technologies Incorporated.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Corning Incorporated, Furukawa Electric Co. Ltd., GLOphotonics SAS, Gooch & Housego, Hamamatsu Photonics K.K., IPG Photonics Corporation, NKT Photonics A/S, Opalux Inc., Palo Alto Research Center Incorporated (Xerox Corporation), Photonic Lattice Inc. (Photron) and Teledyne Technologies Incorporated.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Photonic Crystals Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    1-D Photonic Crystals
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    2-D Photonic Crystals
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    3-D Photonic Crystals
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Application
    7.1    Optical Fiber
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    LED
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Image Sensor
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Solar and PV Cell
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Laser
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Discrete and Integrated Optical Component
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7    Others
        7.7.1 Market Trends
        7.7.2 Market Forecast
8    Market Breakup by End User
    8.1    Industrial
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Aerospace and Defense
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Life Sciences and Healthcare
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Research and Development (R&D)
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Corning Incorporated
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Furukawa Electric Co. Ltd.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    GLOphotonics SAS
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Gooch & Housego
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
        14.3.5    Hamamatsu Photonics K.K.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    IPG Photonics Corporation
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
        14.3.7    NKT Photonics A/S
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Opalux Inc.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Palo Alto Research Center Incorporated (Xerox Corporation)
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Photonic Lattice Inc. (Photron)
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Teledyne Technologies Incorporated
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis

List of Figures

Figure 1: Global: Photonic Crystals Market: Major Drivers and Challenges
Figure 2: Global: Photonic Crystals Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Photonic Crystals Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Photonic Crystals Market: Breakup by Type (in %), 2021
Figure 5: Global: Photonic Crystals Market: Breakup by Application (in %), 2021
Figure 6: Global: Photonic Crystals Market: Breakup by End User (in %), 2021
Figure 7: Global: Photonic Crystals Market: Breakup by Region (in %), 2021
Figure 8: Global: Photonic Crystals (1-D Photonic Crystals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Photonic Crystals (1-D Photonic Crystals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Photonic Crystals (2-D Photonic Crystals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Photonic Crystals (2-D Photonic Crystals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Photonic Crystals (3-D Photonic Crystals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Photonic Crystals (3-D Photonic Crystals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Photonic Crystals (Optical Fiber) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Photonic Crystals (Optical Fiber) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Photonic Crystals (LED) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Photonic Crystals (LED) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Photonic Crystals (Image Sensor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Photonic Crystals (Image Sensor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Photonic Crystals (Solar and PV Cell) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Photonic Crystals (Solar and PV Cell) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Photonic Crystals (Laser) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Photonic Crystals (Laser) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Photonic Crystals (Discrete and Integrated Optical Component) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Photonic Crystals (Discrete and Integrated Optical Component) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Photonic Crystals (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Photonic Crystals (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Photonic Crystals (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Photonic Crystals (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Photonic Crystals (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Photonic Crystals (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Photonic Crystals (Life Sciences and Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Photonic Crystals (Life Sciences and Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Photonic Crystals (Research and Development-R&D) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Photonic Crystals (Research and Development-R&D) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Photonic Crystals (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Photonic Crystals (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: North America: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: North America: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: United States: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: United States: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Canada: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Canada: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Asia-Pacific: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Asia-Pacific: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: China: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: China: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Japan: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Japan: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: India: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: India: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: South Korea: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: South Korea: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Australia: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Australia: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Indonesia: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Indonesia: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Europe: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Europe: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Germany: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Germany: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: France: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: France: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: United Kingdom: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: United Kingdom: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Italy: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Italy: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Spain: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Spain: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Russia: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Russia: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Latin America: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Latin America: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Brazil: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Brazil: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Mexico: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Mexico: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Others: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Others: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Middle East and Africa: Photonic Crystals Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Middle East and Africa: Photonic Crystals Market: Breakup by Country (in %), 2021
Figure 86: Middle East and Africa: Photonic Crystals Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Global: Photonic Crystals Industry: SWOT Analysis
Figure 88: Global: Photonic Crystals Industry: Value Chain Analysis
Figure 89: Global: Photonic Crystals Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Photonic Crystals Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Photonic Crystals Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Photonic Crystals Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Photonic Crystals Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Photonic Crystals Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Photonic Crystals Market: Competitive Structure
Table 7: Global: Photonic Crystals Market: Key Players


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Key Questions Answered in This Report

The global photonic crystals market was valued at US$ 49.7 Billion in 2021.

We expect the global photonic crystals market to exhibit a CAGR of 8.20% during 2022-2027.

The escalating deployment of photonic crystals for trapping solar energy, owing to the growing demand
for renewable energy, is primarily driving the global photonic crystals market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations, resulting in the temporary closure of numerous end-use industries
for photonic crystals.

Based on the application, the global photonic crystals market can be segmented into optical fiber, LED,
image sensor, solar and PV cell, laser, discrete and integrated optical component, and others. Currently,
optical fiber holds the majority of the total market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global photonic crystals market include Corning Incorporated,
Furukawa Electric Co. Ltd., GLOphotonics SAS, Gooch & Housego, Hamamatsu Photonics K.K., IPG
Photonics Corporation, NKT Photonics A/S, Opalux Inc., Palo Alto Research Center Incorporated (Xerox
Corporation), Photonic Lattice Inc. (Photron), and Teledyne Technologies Incorporated.

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