About Photonic Crystal Displays
Displays equipped with photonic crystals enabled technology are known as Photonic Crystal Displays, they are known for advanced reflective display applications. This displays or crystals reflect photons in motion which form a colour band in an optical nanostructure. Photonic Crystal Displays can control this colour band using variations in voltage and current. Because of high performance, the photonic crystal devices produce vibrant and large number of colours compared to regular RDB. They also are power efficient thus making them sustainable. Other notable feature offered by the photonic crystal devices include higher pixels per inch resolution. The market of Photonic Crystal Displays offers high opportunity for growth due to increasing research and development in the field. Geographically, North America is the biggest market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 35.0% |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge investment in market growth strategies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Photron (Japan), IPG Photonics Corporation (United States), NKT Photonics A/S (Denmark), Rohm Semiconductor (Japan), Furukawa Electric Co., Ltd. (Japan), Panasonic Corporation (Japan), Lockheed Martin Corporation (United States), Corning Inc. (United States), Opalux Inc. (Canada) and DK Photonics (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are GLOphotonics SAS (France), Photeon Technologies GmbH (Austria) and NeoPhotonics (Untied States).
Segmentation Overview
AMA Research has segmented the market of Global Photonic Crystal Displays market by Type (One Dimensional Photonic Crystal, Two Dimensional Photonic Crystals and Three Dimensional Photonic Crystals), Application (Optical fiber, LEDs, Image sensors, Solar & PV cells, Lasers, Discrete & integrated optical components and Others) and Region.
On the basis of geography, the market of Photonic Crystal Displays has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Electronics will boost the Photonic Crystal Displays market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
LEDs and Solar Cells are one of the Fastest Growing Segment
Market Growth Drivers:
Increasing Research and Development in Display Technology and Rise of End Use Industries
Challenges:
Disruption in Supply of Raw Materials primarily in the Form of Rare Earth Minerals
Restraints:
Complex Technology Involved in Development
Opportunities:
Telecom has High Potential to Drive the Photonic Crystal Displays Market
Market Leaders and their expansionary development strategies
In November 2023, Innolux and VIA Photonics entered into this partnership targeted joint development of integrated circuits for driving and controlling photonic crystal displays, aiming to improve performance and reduce cost.
In February 2023. Quantopi unveiled its next-generation PCDs, claiming significant improvements in pixel density and color accuracy.
Key Target Audience
Photonic Crystal Displays Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.