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Switchable materials market to hit $13B in 2006

Posted: 13 Mar 2002 ?? ?Print Version ?Bookmark and Share

Keywords:switchable material? business communications?

The total market for applications based on switchable materials was estimated to be worth $400 million in 2001, and could conceivably increase to over $13 billion in 2006, according to Business Communications Co. Inc.

The company says that switchable materials are broken down into three classes of materials: ferroelectrics, electrochromics, and materials used for optical switching. Ferroelectrics and chromogenic materials have been known and developed for over a century, but their commercial applications are much more recent.

Materials for optical switching are generally technological developments such as liquid crystals, polymers and ICs. Business Communications says optical switching technology has not been a rousing success to date in the telecommunications industry. But with improved products, switchable materials could make a significant contribution to the market, Bussiness Communications. Unfortunately, the telecom industry has been going through a tumultuous period, thus markets for applications based on switchable materials are not expected to develop dramatically, the company added.

Business Communications notes that the current market for optical switches may grow from $18 million at present to $50 million in 2006 (an AAGR of 22.7 percent), but the potential market for materials that would achieve a technological breakthrough is much larger.

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