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Photonic crystals are periodic dielectric structures that are designed to form the energy band structure for photons, which either allows or forbids the propagation of electromagnetic waves of certain frequency ranges, making them ideal for light-harvesting applications. Photonic crystals are attractive optical materials for controlling and manipulating light flow. One dimensional photonic crystals are already in widespread use, in the form of thin-film optics, with applications from low and high reflection coatings on lenses and mirrors to colour changing paints and inks. Two-dimensional photonic crystals are mainly commercialized with photonic crystal fibers. At present, two-dimensional photonic crystals are the most commonly used photonic crystal products, and the report data also mainly shows photonic crystal fibers.


Currently, the product is a subject of interest for modern industry research as well as academics. These crystals are optical Nano-structures having dielectric materials assembly that possess distinct refractive indices. It is generally used for novel applications including bio-photonics, quantum engineering, optoelectronics and optics. Regular application of photonic crystals is in attractive optical materials that can manipulate and control the flow of light. They are discovered naturally and possess optical nanostructures. They can control photons similarly as that of ionic cross sections in semiconductors manipulate electrons. Complications in extracting the product may restrain its future growth. However, increasing industrial and commercial applications of these crystals will reinforce the photonic crystals market. According to GIR analysts, the potential market for photonic crystals is quite good. However, the main difficulty limiting its large-scale commercial production lies in the high manufacturing cost and high technical difficulty.


Various applications of photonic crystals market are discrete and integrated optical components, lasers, solar & PV cells, image sensors, LEDs and optical fibres. Optical fibre contributes majorly owing to its superior properties of controlling flow of light and freedom to design by achieving specific properties. LEDs application follows the trend after optical fibres.  Solar and PV cells is likely to grow with significant CAGR in the forecast period owing to increasing use of solar energy over fossil fuels in various industries. Some other wide applications of the product include manufacturing of thin film optics that need high or low reflection coatings over lenses or mirrors. At present, according to GIR analysts, there are quite a lot of potential applications of photonic crystals, but the real commercial applications are mainly photonic crystal fibers.


Presently, global key players of photonic crystals include NKT Photonics A/S, Yangtze Optical Electronic, iXblue Photonics, Shanghai Precilasers, GLOphotonics SAS, Kongtum Science & Technology, IRFlex Corporation and so on. NKT Photonics holds dominant place in the industry.


Global Photonic Crystals Sales Quantity Market Share by Manufacturer in 2022

According to QYResearch’s latest study, global Photonic Crystals market size was valued at US$ 10.23 million in 2022 and is forecast to a readjusted size of USD 22.7 million by 2029 with a CAGR of 12.50% during 2023 to 2029.

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