Global Nanophotonics Market Set to Exhibit a CAGR of 40.6% During 2019-2025 - Key Business Opportunities & Strategy Insights - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 27, 2019--
The “Nanophotonics - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.
The Nanophotonics market worldwide is projected to grow by US$150.6 Billion, driven by a compounded growth of 40.6%.
LED, one of the segments analyzed and sized in this study, displays the potential to grow at over 48.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$71 Billion by the year 2025, LED will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 45.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$4.1 Billion to the region’s size and clout in the next 5 to 6 years. Over US$6.9 Billion worth of projected demand in the region will come from the rest of the European markets.
In Japan, LED will reach a market size of US$4.4 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 38.7% over the next couple of years and add approximately US$24.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Cambrios Technologies Corporation
- Carbon Solutions, Inc.
- Catalytic Materials LLC
- Cree, Inc.
- IBM Corporation
- LG Display Co. Ltd.
- Nanoco Group PLC
- Nanocs, Inc.
- Nanocyl S.A.
- nanoPHAB B.V.
- Nanostructured & Amorphous Materials, Inc.
- Nanosys, Inc.
- Osram Opto Semiconductors GmbH
- Quantum Materials Corp.
- Signify Holding
- Universal Display Corporation
For more information about this report visit https://www.researchandmarkets.com/r/nfsf7c
View source version on businesswire.com:https://www.businesswire.com/news/home/20191127005584/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: TECHNOLOGY NANOTECHNOLOGY SEMICONDUCTOR
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 11/27/2019 12:49 PM/DISC: 11/27/2019 12:49 PM