Photonic Crystal Displays Market Size, Share, Growth Report 2032

Photonic Crystal Displays Market Size

The global photonic crystal displays market size was worth around USD 25.91 billion in 2023 and is predicted to grow to around USD 137.78 billion by 2032 with a compound annual growth rate (CAGR) of roughly 20.4% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion). The report covers a forecast and an analysis of the photonic crystal displays market on a global and regional level.

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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.

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.

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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.

Photonic Crystal Displays Market: Report Scope

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.

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
• Luminus Devices Inc.

The Global Photonic Crystal Displays Market is segmented as follows:

By Type 

• Three-Dimensional Photonic Crystals
• Two-Dimensional Photonic Crystals
• One-Dimensional Photonic Crystal

By Application 

• Discrete & Integrated Optical Components
• Solar & PV Cells
• LEDs
• Optical Fiber
• Image Sensors
• Lasers
• Others

By End-User Industry 

• Energy And Utilities
• Healthcare
• Defense And Government
• Manufacturing
• IT And Telecommunications
• Transportation And Logistics
• BFSI
• Retail
• Others

Photonic Crystal Displays Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.