The global photonic crystals market size reached US$ 58.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 112.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.3% during 2024-2032. More Info:- https://www.imarcgroup.com/photonic-crystals-market

1. Global Photonic
Crystals Market
Research and Forecast
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.

3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Photonic Crystals
Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2024-2032," the global photonic crystals market size reached US$
58.7 Billion in 2023.
Photonic crystals are microporous materials with periodic optical
nanostructures designed to control the motion of light, specifically photons.
These dielectric materials have a band gap that forbids the propagation of
certain light frequencies, thus allowing better control over light behavior.
Photonic crystals are fabricated using various processes, such as holographic
laser lithography, phase-mask holography, direct laser writing, direct ink
writing, sol-gel method, and nanoimprint lithography (NIL).
They are widely used in optical fibers and switches, microlasers, waveguides,
lens coating, high-speed communication, power transmission, biosensing, drug
delivery, and solar cells. Photonic crystals are cost-effective, flexible, and
highly reflective materials that are easy to process, help to improve device
efficiency, and can emit vibrant colors simultaneously.
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4. Report Description
Global Photonic Crystals Market Trends:
The significant growth in the aerospace and defense industry is one of the primary factors driving the market growth.
Photonic crystals are widely used in image sensors of drones, remote sensing satellites, and unmanned aerial vehicles
(UAV) to produce high-efficiency lasers for air and missile defense systems. In addition to this, increasing investment in
military modernization and the development of advanced weapons is acting as another growth-inducing factor.
Furthermore, the widespread product utilization to produce next-generation light-emitting diodes (LEDs) and displays for
traffic lights, digital signage, and advertising boards with improved quality, enhanced performance, increased reflectivity,
lower power consumption, high pixel density, and enhanced brightness is providing an impetus to the market growth.
Additionally, the recent development of photonic crystal fibers that provides superior control of guiding properties, high
damage threshold, very low nonlinearity, excellent temperature immunity, and high performance for wide-ranging
applications in lasers, optical communication, sensors, and quantum optics is positively inf luencing the market growth.
Apart from this, the introduction of a new fabrication technique to produce high-quality photonic crystals using high-
resolution lithography and anisotropic ion etching is favoring the market growth. Moreover, increasing product utilization
in biomedical applications, such as drug delivery, photodynamic therapy, biosensing, tumor screening, and real-time
monitoring of biomolecules, is propelling the market growth. Other factors, including rising product demand in quantum
technology, increasing investment in research and development (R&D) of novel products, and the widespread product
adoption in anti-reflective coatings, are anticipated to drive market growth.
Looking forward, the market is expected to reach US$ 112.4 Billion by 2032, exhibiting a CAGR of 7.3%
during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/photonic-crystals-market

5. Report
Segmentation
Breakup by Type:
• 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

6. Report
Segmentation
• Aerospace and Defense
• Life Sciences and Healthcare
• Research and Development (R&D)
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

7. Competitive
Landscape with
Key Players
• 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)
• Teledyne Technologies Incorporated.

8. Key Questions
Answered in
the Report
What was the size of the global photonic
crystals market in 2023?
What is the expected growth rate of the global
photonic crystals market during 2024-2032?
What are the key factors driving the global
photonic crystals market?
What has been the impact of COVID-19 on the
global photonic crystals market?
What is the breakup of the global photonic
crystals market based on the application?
What are the key regions in the global photonic
crystals market?
Who are the key players/companies in the
global photonic crystals market?

9. Table of
Contents
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 Mark et Forecast
6.2 2-D Photonic Crystals
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 3-D Photonic Crystals
6.3.1 Mark et Trends
6.3.2 Mark et Forecast
7 Market Breakup by Application

10. Table of
Contents
7.1 Optical Fiber
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 LED
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Image Sensor
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
7.4 Solar and PV Cell
7.4.1 Mark et Trends
7.4.2 Mark et Forecast
7.5 Laser
7.5.1 Mark et Trends
7.5.2 Mark et Forecast
7.6 Discrete and Integrated Optical Component
7.6.1 Mark et Trends
7.6.2 Mark et Forecast
7.7 Others
7.7.1 Mark et Trends
7.7.2 Mark et Forecast
8 Market Breakup by End User
8.1 Industrial
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Aerospace and Def ense
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Life Sciences and Healthcare
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https://www.imarcgroup.com/photonic -crystals-market/toc

11. Disclaimer
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opinion have been based on information and sources believed to be accurate and reliable at
the time of publishing. International Market Analysis Research and Consulting makes no
representation of warranty of any kind as to the accuracy or completeness of any Information
provided. IMARC accepts no liability whatsoever for any loss or damage resulting from
opinion, errors or inaccuracies if any found this publication.
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publication are registered trademarks of their respective companies.

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