TechNavio today launched its report Global Nanophotonic Devices Market 2012-2016 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Hardware team said: ”The miniaturization of optical devices is one of the emerging trends in the Global Nanophotonic Devices market. Nanophotonic devices enable the development of nano-scale optical devices, which has made these optical devices compatible with various electronic devices. Furthermore, nanophotonic devices have enhanced the performance of miniaturized optical devices and made them energy efficient. In addition, nanophotonic devices have helped vendors develop complex devices in a simpler form. Hence, the trend of miniaturization has increased the applications of optical devices.”
According to the report, the high demand for nanophotonic-based LED devices is one of the major drivers in the Global Nanophotonic Devices market. In 2012, the LED segment played a major role in the growth of the Global Nanophotonic Devices market. The use of nanophotonic devices in LEDs greatly improves the efficiency of LEDs. In addition, nanophotonic-based LEDs consume less power compared to lasers. As a result of the inclusion of nanophotonic devices in LEDs, there has been significant improvement in output efficiency. LEDs are being used in a wide range of applications such as backlights in LED TVs, automotive displays, and consumer electronics. Thus, the incorporation of nanophotonic devices in LEDs is leading to the growth of the Global Nanophotonic Devices market.
Further, the report states that the high cost of integration is one of the major challenges in the Global Nanophotonic Devices market.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are IBM Corp., JDS Uniphase Corp., OSRAM GmbH, and Samsung SDI Co. Ltd. The other vendors are Applied Plasmonics Inc., Carbon Nanotechnologies Inc., Nanogram Corp., Nanolab Inc., Quantum Dot Corp., and Universal Display Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-nanophotonic-devices-market-2012…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Hardware market research, please visit https://www.technavio.com/hardware
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TechNavio Announces the Publication of its Research Report – Global Nanophotonic Devices Market 2012-2016
