Since long, the zest of the electronic industry has been to achieve miniaturization of their products and impart integration. With the advent and radical ubiquity of smartphones, that drive to achieve higher efficiency within smallest devices has gained further impetus and given birth to the nanophotonics market. Essentially, nanophotonics has emerged as an integration of three advanced aspects of science: nanotechnology, photonics, and optoelectronics. There are tremendous possibilities with nanophotonics, finding applications in technology and science including solar energy, optical microscopy, bio-imaging, and optical communications. Some of the common examples of nanophotonics materials can be quantum dots, nanowires, photonic crystals, and nanotubes, which are now extensively used to meet the requirements of manufacturing electronic products that offer extended functionalities within smaller sizes, incremented battery life, and stronger data transmission. During the forecast period of 2015 to 2023, the demand in the global nanophotonics market is anticipated to expand at a notable CAGR.
This report offers in-depth assessment of the current and futuristic prospects of the market for nanophotonics, providing figurative projections, gauging potential of demand from various regions and countries, and profiling some of the key companies who are ahead of the curve.
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The demand in the global market for nanophotonics is escalating in all regions, but particularly in North America, Asia Pacific, and Europe. While Asia Pacific has a larger consumer base thanks to the vastly populated emerging economies of China and India, the North America region is driven by the developed country of the U.S. wherein extensive investments have been made for the research and development activities pertaining to nanotechnology.
OSRAM Opto Semiconductors, BuckyUSA, Blue Nano, LG Display, Nanocs, Cambrios Technologies, Nanosys, Novarials, Nanocyl, Nanoco Technologies, Carbon Solutions, Catalytic Materials, nanoPHAB, Philips Lumileds Lighting, QD Vision, Samsung SDI, TCL Display Technology, and Universal Display are a few companies operating in the global nanophotonics market.
