Photonic Crystal Market Global Scenario Photonic Crystal Market
Photonic Crystal Market Global Scenario, Market Size, Outlook, Trend
and Forecast, 2015-2024
Photonic crystal is optical nanostructures which are responsible for the motion of
photons in the form of structural coloration. Photonic crystals have wide range of
application in various sectors because of its property of manipulating and controlling the
flow of light. Adoption of advanced technology in area such as optical fibers, laser and
super continuum sources, LEDs, image sensors, solar & PV cells and discrete optical
components among others is majorly driving the growth of global photonic crystal
market. In addition to this, increasing use of photonic crystals in display segments and
optical fibers is anticipated to drive the growth of global photonic crystal market.
Photonic crystals are witnessing increasing application across various domains such as
oil & gas, aerospace & defense, medical, consumer durables and automobiles among
others. This factor is also expected to boost the growth of global photonic crystal
market.
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Furthermore, increase in the competition among electronic manufacturing players of
several countries and subsequently rise in investments in this particular sector is
contributing to inflate the growth of global photonic crystal market. However, several key
players are finding difficult to get acquainted with extraction and usage of photonic