Global Nanophotonics Market, By Components (OLED, LED, Optical Amplifiers, NFO, PV Cells, Holographi

Published Date: | Report Code : IT1958402

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The Nanophotonics Market growth is expected to gain high momentum during the forecast period due to increasing usage of nanotechnology. 
The ever-evolving technology has led to the development of nanophotonics. Nanophotonics is the amalgamation of the three parts of science, i.e. nanotechnology, photonics, and optoelectronics. 

Nanophotonics is used in many applications such as optical microscopy, imaging, and communications. The most common uses of nanophotonics are nanowires, quantum dots, and nanotubes. These applications require functionalities such as increased battery life, stronger data transmission, and reduction in sizes, which are fulfilled by the usage of nanophotonics.

Segment Analysis

The nanophotonics market is segmented based on the components and the application.

By the basis of the components, the market is segmented into OLED (Organic Light Emitting Diodes), LED (Light Emitting Diodes), Optical Amplifiers, NFO (Near Field Optics), PV (Photovoltaic) Cells, Holographic Data Storage System, and Others. LED is used majorly in consumer goods, as they have higher energy efficiency, and the power over performance ratio is also high. However, in recent times, the demand for OLED has also increased as in comparison to LEDs they consumer even lesser power and is much brighter.

On the basis of the applications, this market is segmented into Consumer Electronics, Entertainment, Indicators & Signs, Lighting, Telecommunication, and Non-Visual Applications. The application in consumer electronics is growing as the disposable income of the consumers is rising. The type of component used in the application depends on the usage of the product.

The APAC region is leading this market as many developing countries in the regions are heavily populated.

Key Factors Impacting Market Growth:
    • Increasing usage of nanotechnology
    • Rising utilization of LED

Regional Analysis:

By region, the nanophotonics market has been segmented in North America, Europe, Asia Pacific, Middle East, and Rest of the World. The North America and Western Europe regions are estimated to register a stable demand during the forecast period with market recovery from recent slowdowns. North America region includes the US, Canada, and Mexico. The US is estimated to dominate this market with a sizeable share followed by Canada, and Mexico. The industrial sector is a major contributor to the US and Canada economies overall. Hence, the supply of advanced materials in production activities is critical to the overall growth of industries in this region. 

Western Europe region is dominated by Germany, the UK, France, Italy, and Spain. These countries also have a strong influence on the industrial sector resulting in sizeable demand for nanophotonics market.Asia Pacific is estimated to register the highest CAGR by region during the forecast period. The presence of some of the high growth economies such as China and India is expected to propel the demand in this region. Besides, this region has witnessed strategic investments by major companies to increase their market presence. The Middle East and Eastern Europe are estimated to be other key regions for the nanophotonics market with a strong market potential during the forecast period. Rest of the World consisting of South America and Africa are estimated to be emerging markets during the forecast period.

Companies Covered: OSRAM Opto Semiconductors, BuckyUSA, Blue Nano, LG Display, Nanocs, Cambrios Technologies, Nanosys, Carbon Solutions, Catalytic Materials, Philips Lumileds Lighting, QD Vision, Samsung SDI, TCL Display Technology, Universal Display...

Market Segmentation:
By Components: 
    • OLED
    • LED
    • Optical Amplifiers
    • NFO
    • PV Cells
    • Holographic Data Storage System
    • Others

By Applications:
    • Consumer Electronics
    • Entertainment
    • Indicators & Signs
    • Lighting
    • Telecommunication
    • Non-Visual Applications

By Region:
    • North America
        ◦ By Country (US, Canada, Mexico)
        ◦ By Components
        ◦ By Applications
    • Western Europe
        ◦ By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe) 
        ◦ By Components
        ◦ By Applications 
    • Eastern Europe
        ◦ By Country (Russia, Turkey, Rest of Eastern Europe) 
        ◦ By Components
        ◦ By Applications
    • Asia Pacific
        ◦ By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific) 
        ◦ By Components
        ◦ By Applications
    • Middle East 
        ◦ By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East) 
        ◦ By Components
        ◦ By Applications
    • Rest of the World
        ◦ By Region (South America, Africa) 
        ◦ By Components
        ◦ By Applications

Reasons To Buy This Report:
    • Market size estimation of the global Nanophotonics Market on regional and global basis 
    • Unique research design for market size estimation and forecast 
    • Profiling of major companies operating in the market with key developments
    • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
    • By Segment 
    • By Sub-segment 
    • By Region/Country
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