Global Photonic Crystals Market by Type and Application Global Photonic Crystals Market | Page 3

Introduction to Photonic Crystals Market
• The growth of the global photonic crystals market is driven by rise in demand for photonic crystals in LEDs, increased R & D activities, and ideal properties of photonic crystals such as exceptional control over behavior of light, unusual optical dispersion, and others.
• Development of green photonics technologies and economic development in emerging economies are expected to provide significant growth opportunities to the industry players.
• However, complications in the manufacturing of photonic crystals are projected to hamper the market growth during the forecast period.
• Presently, the 2D photonic crystal segment is of substantial interest owing to the dimensional lattice structures, specifically square lattice, hexagonal lattice, honeycomb lattice, and others, and is expected to maintain its dominance throughout the analysis period. In addition, these crystals are easier to analyze & formulate.
• Optical fiber application segment generated the highest revenue in 2015, with almost onefourth of the total market share, followed by LED segment. Optical fiber-based photonic crystals offer much greater control over light and design freedom to achievevarietyof peculiar properties.

Introduction to Photonic Crystals Market

• The growth of the global photonic crystals market is driven by rise in demand for photonic crystals in LEDs, increased R & D activities, and ideal properties of photonic crystals such as exceptional control over behavior of light, unusual optical dispersion, and others.

• Development of green photonics technologies and economic development in emerging economies are expected to provide significant growth opportunities to the industry players.

• However, complications in the manufacturing of photonic crystals are projected to hamper the market growth during the forecast period.

• Presently, the 2D photonic crystal segment is of substantial interest owing to the dimensional lattice structures, specifically square lattice, hexagonal lattice, honeycomb lattice, and others, and is expected to maintain its dominance throughout the analysis period. In addition, these crystals are easier to analyze & formulate.

• Optical fiber application segment generated the highest revenue in 2015, with almost onefourth of the total market share, followed by LED segment. Optical fiber-based photonic crystals offer much greater control over light and design freedom to achievevarietyof peculiar properties.