Nanophotonics Market | Market Share, Outlook, Future Growth and Opportunities by 2026
According to the latest report by IMARC Group, titled “Nanophotonics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global nanophotonics market grew at a CAGR of around 7% during 2015-2020 expects the market to exhibit moderate growth during the next five years.
Nanophotonic belongs to the field of nanophysics that analyzes the interaction of photons with nano-structures. It entails metallic components that can focus and transport light via surface plasmon polaritons (SPPs) and includes quantum dots, plasmonics, nanoribbons, nanotubes, and photonic crystals.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Deodorants Market Trends:
The global market is primarily driven by the wide adoption of nanophotonic for electronics, biotechnological, communication, defense, and solar power conversion applications. Moreover, the rising utilization of LED in consumer electronics that provides solid-state lighting with a high modulation rate and thermal conductivity is also catalyzing the market growth. Additionally, several key manufacturers are incorporating small-scale transistors and power electronics on one chip for higher bandwidth and quick data transmission speed. This allows nanophotonic integrated circuits (ICs) to connect directly with other devices through light, thereby further augmenting the market growth. Besides this, the continuous development of ultra-thin nanomaterials and atomic-thin metal halides used in sensitive optical sensors for detecting environmental gases is positively influencing the global market. Numerous other factors, including the growing use of nanophotonic for chemical, biosensing, and IT applications, along with the extensive R&D activities, will augment the market growth in the forecasted period.
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Global Deodorants Market 2021-2026 Analysis and Segmentation:
Anders Electronics PLC,Cree Inc.,Nanosys Inc.,Novaled GmbH (Samsung SDI Co.),OSRAM Opto Semiconductors GmbH,Lumileds Holding B.V.,Schott AG,Sharp Corporation,STMicroelectronics N.V.,Veeco Instruments Inc. and WITec Wissenschaftliche Instrumente und Technologie GmbH.
The report has segmented the market on the basis on region, product type, nanophotonic material and end use.
Breakup by Product Type:
- Near Field Optics
- Photovoltaic Cells
- Optical Amplifiers
- Optical Switches
Breakup by Nanophotonic Material:
- Photonic Crystals
- Quantum Dots
Breakup by End Use:
- Consumer Electronics and Entertainment
- Digital Signage
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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