Photonic crystals display market is growing significantly in industrial research as it is providing new tools for the manipulation of photons. Photonic crystal display refers to a structure in which materials with diverse refractive indexes are periodically arranged.Photonic crystal displays provides low power consumption, high reflectivity and high pixels-per-inch resolution. It is widely used in LEDs, bio-photonics, optics, optoelectronics, quantum engineering and others.
Photonic crystal displays Market: Drivers, Challenges, Segmentation, key players and Regional Overview:
The major driver for Photonic crystal displays drivers is the increasein demand for photonic crystals displays in LEDs due to less power consumption , and growth in Research and Development activities, and unique properties of this crystals drive the growth of the photonic crystals display market. In addition to that, the adoption of advanced technology in areas such as LEDs, optical fibers, laser, image sensors, solar and others is driving the Photonic crystal displays market. In contrast to this, absence of reliable fabrication methodologies and complexities associated with the formulation of crystals is restraining the Photonic crystal displays market.
Segmentation on the basis of type: One dimensional photonic crystal, Two dimensional photonic crystals, Three dimensional photonic crystals; Segmentation on the basis of application: Optical fiber, LEDs, Image sensors, Solar & PV cells, Lasers, discrete & integrated optical components, others; Segmentation on the basis of industry: IT and Telecommunications, Manufacturing, Transportation and Logistics, Defense and Government, BFSI, Healthcare, Retail, Energy and Utilities, Others.
Some of the key players for Photonic crystal display market are Palo Alto Research Center (PARC), Opalux, Lockeed Martin, Corning Incorporated, Photonic Lattice Inc., Rohm Co., Agilent Technologies, Microcontinuum and Lightwave Power, ICX Photonics, Epistar, Fianium, TDK Corporation, OmniGuide, Micron Technology, Luxtaltek Corporation, Canon Kabushiki Kaisha (Canon), Advanced Photonic Crystals (APC), Philips Lumileds Lighting Company, LG Innotek, NKT Photonics, Samsung LLC, Panasonic, and Luminus Devices Inc.
Photonic crystal display Market is currently dominated by North America due to maximum number of manufacturing companies in this region such as Lockheed Martin, Agilent Technologies, Palo Alto Research Center (PARC) and others which are based in North America itself and are expanding their business outside North America region. Asia-Pacific shows the fastest growth rate owing to the economic development and rise in R&D activities for different application areas such as optical chip, sensing, lasers, and others.
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