Nanophotonics Advanced Technologies and Global Market
Nanophotonics is born out of the combination of three major sciences: photonics, nanotechnology, and optoelectronics. While photonics and optoelectronics have revolutionized the electronics and semiconductors market, nanotechnology has the greatest potential for further improvement, and hence has emerged as the most sought-after technology by big companies and research laboratories. In spite of it being in the nascent stage, nanophotonics is expected to make it to the mainstream market owing to its higher power efficiency, thermal resistivity, and operational life.
The nanophotonic component market is growing at a robust rate for the last few years and is expected to maintain a very high CAGR for the next few years. The market is expected to reach US$3.6 billion in 2014 at a CAGR of 100.7% from 2009 to 2014.
Untapped market potential and benefits are the primary factors for the early adoption. Though most of the nanophotonic products are still under research, the available products such as nanophotonic LEDs, nanophotonic PV cells, nanophotonic OLEDs have been very successful in the market. Nanophotonic LEDs has the largest market share of US$106 million in 2009. However, considering the pace of progress in various other segments like near-field-optics, optical amplifiers, optical switches and holographic memory, it can be safely ascertained that holographic memory and optical switches are expected to have the highest growth rate in the next five years. Nanophotonic LEDs will still continue to be largest segment albeit with a slow growth rate.
Asia accounts for the largest share of the global nanophotonics market followed by Europe and the U.S. Since the nanophotonic components were introduced early in the Asian market, it is expected to see the lowest growth rate from 2009 to 2014 while the U.S. is expected to grow at a relatively high CAGR of 161.1% in 2014.
Market estimates and forecast
The report provides in-depth market estimates and forecasts for the global weight management market. The segmentation is as follows:
Nanophotonics components – products:
Nanophotonic LED, nanophotonic OLED, nanophotonic near field optics, nanophotonic photovoltaic cells, nanophotonic optical amplifiers, nanophotonic optical switches and nanophotonic holographic data storage system
Nanophotonics – applications:
Indicators and signs, lighting, non-visual applications, telecommunications, entertainment and consumer electronics
Nanophotonics – ingredients:
Photonic crystals, plasmonics, nanotubes, nanoribbons and quantum dots
Each section will provide market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. This report will also provide more than 100 market tables for various geographic regions covering the sub-segments and micro-markets. In addition, the report also provides 50 company profiles for each of its sub-segments.
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