Photonic-crystal Fiber (PCF) Market Analysis

End User (IT & Telecommunications, Aerospace & Defense, Industrial, Lifesciences & Healthcare, Others)

By 2035, IT & telecommunicationssegment in photonic-crystal fiber market is expected to account for remarkable revenue share. PCFs are encouraging innovation in emerging technologies that include 5G wireless communications, IoT, and cloud computing.

By providing high-speed and reliable connection settings, the market makes the implementation of advanced communications networks as well as the adoption of IoT devices and cloud-based services possible. Hence, with the growing demand for internet connection, the segment is expanding. In the year 2021, ITU estimated that internet users across the globe were expanding by over 10% in the first year of the pandemic which was highest as compared to 2021. On account of this factor, the market is also expected to experience growth. 

Transmission Mechanism (Index, Bandgap Guiding)

The index segment in photonic-crystal fiber market is anticipated to experience a rise in its revenue by the end of 2035, which is the largest in contrast to the year 2024. There have been growing innovations in manufacturing processes including stack-and-draw procedures and laser machining, which allow for fine control over the geometry and configurations of air holes that influence the index transmission mechanism. Therefore, this factor is estimated to significantly influence the segment growth.

Core Type (Solid, Hollow Core)

The solid segment in photonic-crystal fiber market is poised to generate the largest revenue over the forecast period. This growth of the segment is set to be dominated by the rising use of this segment in physical optic sensors. Furthermore, physical optic sensors are helpful to identify a variety of characteristics including temperature, vibration, and displacement; these kinds of sensors are critical for purposes such as structural monitoring of civil infrastructure.

As a result, with the growing construction activities, the segment is set to rise. Across the globe, in 2016 there were close to 794,431 built-up areas (BUAs). This number by 2022 is set to expand to over 849,406 residents. Additionally, over 2 million structures are projected to be manufactured by 2050.

Our in-depth analysis of the global market includes the following segments: