Photonic crystals represent a unique instance of a theoretically mature technology that is yet to find a strong foothold in the mainstream industry. These crystals usually find application as attractive optical materials that can control and manipulate the flow of light. Photonic crystals have optical nanostructures and are found naturally. They can manipulate photons in the same way ionic lattices in semiconductors manipulate electrons.
 
The advent of multiple technological advances has helped the photonic crystals market present a diverse and expanding range of potential applications. Some of the most common applications of photonic crystals in displays include LEDs, optical fibers, image sensors, laser and super continuum sources, solar and PV cells, integrated and discrete optical components, and biosources. Of these, the optical fiber segment accounts for a dominant share of the global photonic crystal market. The demand for photonic crystals in optical fiber is likely to achieve significant growth by 2018. 
 
The report provides an analytical overview of the global photonic crystals market, identifying the key growth drivers, market restraints, and prospective opportunities. Information included in the report is sourced through primary and secondary research methods and is evaluated using analytical tools such as SWOT analysis and Porter’s five forces analysis. 
 
Overview of the Photonics Crystal Market
 
Apart from its wide range of applications in displays, photonic crystals are also used in the manufacture of thin-film optics that require low or high reflection coatings over mirrors or lenses. Since optical crystals have up to three dimensions, they have also found application in applied and fundamental research. Meanwhile, photonic crystals with two dimensions are mostly used for commercial purposes. 
 
Despite the fact that photonic crystals can be used for diverse industrial and commercial applications, difficulties associated with usage and extraction of photonic crystals is impeding growth of the global photonics crystal market. The low level of adoption of this technology is also attributed to the physical limitations and questionable efficiency of photonic crystals. However, gradually increasing use of photonics crystals in the optical fiber and display segments is expected to boost the photonic crystals market in the near future. 
 
The market for photonics crystals is likely to witness an upswing in industrial demand across several verticals and applications. On the basis of their versatility, photonic crystals possess potential for usage in various industries related to display and optics. The growth trajectory of the industry will depend to a large extent upon the approach adopted by stakeholders at different levels. The simplicity of the fundamental technology of photonic crystals is expected to open up new avenues of industrial application. 
 
Companies mentioned in the research report 
 
The leading players in the market listed in the report are Palo Alto Research Center (PARC), Opalux, Corning Incorporated, Sandia and Lockheed Martin, Photonic Lattice Inc., Microcontinuum and Lightwave Power, ICX Photonics, Epistar, Fianium, TDK Corporation, OmniGuide, Micron Technology, Luxtaltek Corporation, Canon Kabushiki Kaisha (Canon), Advanced Photonic Crystals (APC), Furukawa Electric, L.P. (HP Labs), Photeon Technologies GmbH, Philips Lumileds Lighting Company, LG Innotek, NKT Photonics, Samsung LLC, Panasonic, Hewlett-Packard Development Company, Luminus Devices Inc., Xerox Corporation, Ltd, SRU Biosystems, NEC Corporation, NeoPhotonics, Obducat,  Rohm Co., and Agilent Technologies.
 
Major geographies analyzed under this research report are: 
  • Europe
  • North America 
  • Asia-Pacific 
  • Rest of the World 
This report gives you access to decisive data such as:
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for the coming years 
Key highlights of this report
  • Overview of key market forces propelling and restraining market growth 
  • Up-to-date analyses of market trends and technological improvements 
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors 
  • An array of graphics and SWOT analysis of major industry segments 
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis 
  • Offers a clear understanding of the competitive landscape and key product segments

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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