Nanophotonics Market report

Nanophotonics Market 2021, Size, Share, Growth, Trends, Analysis And Forecast 2026

According to the latest report by IMARC Group, titled “Nanophotonics Market: Global Industry Trends, Share, 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.

Nanophotonics or nano-optics is a part of nanotechnology that studies the behavior of light on nanometer scales and the interaction of nanometer-scale objects with light. It includes nanoribbons, nanotubes, plasmonic, quantum dots, photonic crystals and dielectric structures, such as nanoantennas or metallic components, which can focus and transport light via surface plasmon polaritons (SPPs). It facilitates the production of advanced electronics with higher thermal stability, compressed size, longer operational life, and improved data transmission. As a result, it is extensively used in the manufacturing of light-emitting diodes (LEDs), organic LEDs, photovoltaic (PV) cells, near-field optics, and optical components.

Global Nanophotonics Market Trends:

The widespread adoption of nanophotonicsin communication, electronics, defense, biotechnological, and solar power conversion applications is primarily driving the market. The rising demand for LED, OLED, and nanophotonic switches due to their heat-resistant property is also creating a positive outlook for the market. In addition, the worldwide employment of nanophotonics in the information and technology (IT), healthcare, and chemical sectors and increasing research and development (R&D) activities are anticipated to accelerate the market growth.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Nanophotonics Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

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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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.

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