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Global Markets and Technologies for Photonic Crystals
Wellesley, Mass. BCC Research forecasts a compound annual growth rate (CAGR) of 33.1% for photonic crystal-based components through 2017.The global market for components and modules using photonic crystals is expected to reachnearly $20.4 billion in 2017, according to the recently published BCC Research report,Global Markets and Technologies for Photonic Crystals (Report Code: AVM059C).Solar and PV cells show extraordinary growth at a 61.1% CAGR and a forecast value of $4.1 billion in 2017.The LEDs segment is expected to have the largest market share with an expected value of $7.5 billion in 2017 after increasing at a five-year CAGR of 39%.The larger context for photonic crystals is that they are being pitched as a collectivealternative to present-day semiconductor fabrication. The state –of –the art in photoniccrystal fabrication, however, is in no position to challenge complementary metal-oxidesemiconductor (CMOS) fabrication processes. It will require an enormous amount of technological advancement to make a compelling business case for photonic crystals toreplace present-day electronics.Photonic crystals are integrated at various levels in device-manufacturing life cycles. The predominant mode of integration is that the component or module level serves as a substitutefor enhancement for existing conventional materials. It is therefore suitable to consider components and modules as the primary classification criteria for determining the marketdynamics of photonic crystals. It is indisputable that all of the components and modules haveindependent dynamics when it comes to their applications and regional implementations. A breakdown along these lines provides insight into these dynamics.BCC Research maintains that photonic crystals will have great potential in the near future.The growth will not be confined to a single component or market. Photonic crystals will become applicable in a vast array of intermediate components that contribute critically to theend-user devices. The advent has been precipitated largely by the predominant material in therespective spaces, which reaches the limits of their physical ability in sustaining improvementin performance and cost fronts. Photonic crystals are thus looked at as substitutes tomainstream materials and processes. It helps that the theory behind their functioning is fairlywell-established, as opposed to many alternatives that are based on altogether newer concepts.
Measure and forecast the market size for overall components and modulesinternalizing photonic crystals in value terms for each individualcomponent and module, as well as in volume terms wherever possible
Break down the overall photonic crystal market along individualcomponents and modules
Break down the individual photonic crystal component and module marketalong photonic crystal dimensions, including the three-dimensional market
 
Break down the individual photonic crystal component and module marketalong specific geographic regions:
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Americas
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Europe, the Middle East and Africa (EMEA)
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Asia-Pacific (APAC).
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Analyze the stakeholder landscape in the photonic crystalcommercialization endeavors
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Analyze the patenting activity involving photonic crystals.
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Regional specific reports focusing on the Americas (AVM095A),EMEA (AVM096A), and APAC (AVM097A) are available as well.

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