Zion Market Research, the market research group announced the analysis report titled 'Photonic Crystal Displays Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024'
Sarasota, FL -- (SBWIRE) -- 02/14/2018 -- Photonic Crystal Displays Market: Overview
The photonic crystals display provides new tools for the manipulation of the photons thus its demand is increasing in the industrial research area. The photonic crystal display is a structure that has periodically arranged materials which have varied refractive indexes. The benefits of using the photonic crystal displays are that it has high reflectivity, low power consumption, and high pixels-per-inch resolution. The major areas where the photonic crystal displays are used include biophotonics, optoelectronics, LEDs, optics, and quantum engineering.
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Photonic Crystal Displays Market: Segmentation
The global market for the photonic crystal displays is fragmented into its type, application, and end-user industry. Based on the type, the global market is segregated into three-dimensional photonic crystals, two-dimensional photonic crystals, and one-dimensional photonic crystal. Based on the application, the market is categorized into discrete & integrated optical components, solar & PV cells, LEDs, optical fiber, image sensors, lasers, and others. Based on the end-user industry, the market is divided into energy and utilities, healthcare, defense and government, manufacturing, IT and telecommunications, transportation and logistics, BFSI, retail, and others.
Photonic Crystal Displays Market: Growth Factors
The key factors that are driving the photonic crystal displays market are the growing demand for the photonic crystals displays in the LEDs owing to the less utilization of the power, the rise in the number of the research and development activities, and the exclusive properties of the crystals are propelling the growth of the market. Furthermore, there is an increased adoption of the advanced technologies in the fields such as optical fibers, image sensors, LEDs, laser, solar, and others which are supporting the growth of the market. The factors that are restraining the growth of the photonic crystal displays market are the lack of the reliable methodologies of fabrication and the formulation of the crystals is complex.
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Photonic Crystal Displays Market: Regional Analysis
The geographical diversification of the global photonic crystal displays market includes Asia Pacific, North America, the Middle East and Africa, Eastern Europe, Latin America, and Western European regions. The region that holds the maximum share of the photonic crystal display market is North America. The factor that contributes to the market growth is the presence of the major market players in this region and these players are also considering to expand their business outside the North American region. There is speedy market development in the Asia Pacific region. The factors that contribute to this growth are the rapid rate of economic development and the increase in the research and development activities regarding the sensing, optical chip, lasers, and others.
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Photonic Crystal Displays Market: Competitive Players
The key market players that are involved in the photonic crystal displays market include Opalux, Corning Incorporated, Rohm Co., Microcontinuum and Lightwave Power, Epistar, TDK Corporation, Micron Technology, Canon Kabushiki Kaisha, Philips Lumileds Lighting Company, NKT Photonics, Panasonic, Palo Alto Research Center, Lockeed Martin, Agilent Technologies, ICX Photonics, Fianium, OmniGuide, Luxtaltek Corporation, Advanced Photonic Crystals, LG Innotek, Samsung LLC, and Luminus Devices Inc.
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