The overall Nanophotonic Equipment Market revenue is valued at $471.28 million in the year 2017 and is anticipated to grow at a CAGR of 21.23% from 2018-2023. The rising demand for LED, OLED types in consumer electronics and automotive industries are expected to drive the market. What is Nanophotonic Equipment Market? Nanophotonics refers to the application of the photonics at nanoscale dimensions, where the field enhancement effects the result in different optical phenomena contributing new functionalities to photonic devices. Photonics coupled with the nanotechnology and ever increasing computing power have tremendous possibilities in all the industry verticals. What are the major applications for Nanophotonic Equipment Market? The major applications of Nanophotonic equipment includes LED, OLED, near field optics, PV cells and optical components. The LED nanophotonics is divided into different types like high, flashing LED, UV LED and alphanumeric LED. UV LEDs have different ap...