Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Photonic Crystals: Materials, Technologies and Global Markets

SUMMARY FIGURE
GLOBAL MARKET FOR COMPONENTS AND MODULES USING PHOTONIC CRYSTALS, 2009-2016
($ MILLIONS)
SUMMARY FIGURE GLOBAL MARKET FOR COMPONENTS AND MODULES USING PHOTONIC CRYSTALS, 2009-2016 ($ MILLIONS)

Abstract:
In a recent release, PHOTONIC CRYSTALS: MATERIALS, TECHNOLOGIES AND GLOBAL MARKETS (AVM059B) from BCC Research (www.bccresearch.com), the global market value for photonic crystal components and modules is estimated to be $5.2 billion in 2011. That value should reach $34.5 billion by 2016 as it increases at a five-year compound annual growth rate (CAGR) of 46.1%.

Photonic Crystals: Materials, Technologies and Global Markets

Wellesley, MA | Posted on July 18th, 2011

The photonic crystal component and module market can be broken down into eight segments - displays, optical fibers, LEDs, discrete and integrated optical components, image sensors, solar and PV cells, lasers and supercontinuum sources, and biosensors.

The segment made up of displays is projected to be worth nearly $6.1 billion in 2016 after rising at a CAGR of $34.5 billion from its estimated 2011 value of nearly $1.4 billion.

The segment made up of optical fibers is estimated to be worth nearly $2 billion in 2011, and in 2016 should be worth more than $10.8 billion, yielding a CAGR of 41.2%.

The LEDs segment, estimated to be worth $983 million in 2011, should rise in 2016 to $8.1 billion at a CAGR of 52.5%.

The segment made up of discrete and integrated optical components is estimated to be worth $303 million in 2011, and in 2016 is expected to be worth $2.4 billion, a CAGR of 51.6%.

The segment made up of image sensors is estimated to be worth nearly $200 million in 2011, and in 2016 should be worth $888 million, a CAGR of 34.9%.

The segment made up of solar and PV cells is estimated to be worth $270 million in 2011, and in 2016 should be worth $5.3 billion, a CAGR 81.3%.

In 2011, the segment made up of lasers and supercontinuum sources is estimated to be worth $96 million, and in 2016 should be worth $621 million, a CAGR of 45.3%.

The segment made up of biosensors is estimated to be worth $27 million in 2011, and in 2016 should be worth $250 million, a CAGR of 56.1%.

Photonic crystals have been classic underachievers: full of promise, sound in theory, poor in implementation. Characterized by the presence of nanoscale patterns of segments with varied dielectric constants, photonic crystals rival electrons when it comes to versatility.

There are a number of reasons photonic crystals have struggled to find their place in various domains. These include rapid strides in other areas of electronic fabrication, difficulty in fabricating photonic crystal-enabled products, and shareholder unwillingness to alter their well-oiled supply chains.

The future is bright for photonic crystals, a yearly growth in excess of 46% a clear indicator. More importantly, this growth will not be vertical or confined to a single component, but will foray in a wide-ranging spread of intermediate components.

This report will be relevant to photonic crystal technology experts, developers who can assess the potential offerings and benefits of photonic crystals, and end application device vendors who can benefit from the superior material attributes of photonic crystals.

####

For more information, please click here

Contacts:
Steven Cumming
Tel: 866-285-7215
Fax: 781-489-7308

Copyright © BCC Research

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

HP Supercomputer at NREL Garners Top Honor October 19th, 2014

First Canada Excellence Research Chair gets $10 million from the federal government for oilsands research at the University of Calgary: Federal government announces prestigious research chair to study improving oil production efficiency October 19th, 2014

Ucore's McKenzie to Deliver Presentation to Rare Earths Conference in Singapore as Highlight of Fall 2014 Marketplace Schedule October 19th, 2014

Non-Toxic Nanocatalysts Open New Window for Significant Decrease in Reaction Process October 19th, 2014

Possible Futures

Superconducting circuits, simplified: New circuit design could unlock the power of experimental superconducting computer chips October 18th, 2014

Nanocoatings Market By Product Is Expected To Reach USD 8.17 Billion By 2020: Grand View Research, Inc. October 15th, 2014

Perpetuus Carbon Group Receives Independent Verification of its Production Capacity for Graphenes at 140 Tonnes per Annum: Perpetuus Becomes the First Manufacturer in the Sector to Allow Third Party Audit October 7th, 2014

PEN Inc. Chairman Scott Rickert Announces Company Vision, Product Priorities and Management Team: Webcast Highlights the Launch of PEN October 3rd, 2014

Announcements

HP Supercomputer at NREL Garners Top Honor October 19th, 2014

First Canada Excellence Research Chair gets $10 million from the federal government for oilsands research at the University of Calgary: Federal government announces prestigious research chair to study improving oil production efficiency October 19th, 2014

Ucore's McKenzie to Deliver Presentation to Rare Earths Conference in Singapore as Highlight of Fall 2014 Marketplace Schedule October 19th, 2014

Non-Toxic Nanocatalysts Open New Window for Significant Decrease in Reaction Process October 19th, 2014

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals

Non-Toxic Nanocatalysts Open New Window for Significant Decrease in Reaction Process October 19th, 2014

Plastic nanoparticles also harm freshwater organisms October 18th, 2014

Superconducting circuits, simplified: New circuit design could unlock the power of experimental superconducting computer chips October 18th, 2014

Nanotechnology Improves Quality of Anti-Corrosive Coatings October 17th, 2014

Photonics/Optics/Lasers

Magnetic mirrors enable new technologies by reflecting light in uncanny ways October 16th, 2014

IRLYNX and CEA-Leti to Streamline New CMOS-based Infrared Sensing Modules Dedicated to Human-activities Characterization October 15th, 2014

New VDMA Association "Electronics, Micro and Nano Technologies" founded: Inaugural Meeting in Frankfurt/Main, Germany October 15th, 2014

Nanodevices for clinical diagnostic with potential for the international market: The development is based on optical principles and provides precision and allows saving vital time for the patient October 15th, 2014

NanoNews-Digest
The latest news from around the world, FREE





  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE