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A photonic integrated circuit (PIC) or integrated optical circuit is a device that integrates multiple (at least two) photonic functions and as such is similar to an electronic integrated circuit. The major difference between the two is that a photonic integrated circuit provides functions for information signals imposed on optical wavelengths typically in the visible spectrum or near infrared 850 nm-1650 nm.
On the one hand, today photonic integration is emerging as a new standard for providing cost effective and high-performance miniaturized and optical systems for a wide range of applications. The use of photonic integrated circuits (PICs) enables system designers and manufacturers to unite various optical devices such as modulators, optical amplifiers, lasers, and multiplexers into a single package, thereby making the overall system compact and reduce its cost. As cost is a supremely important factor for both manufacturers and end users, this demand for photonic integrated circuits is expected to see a heightened rise over the coming years.
Market Analysis and Insights: Global Photonic IC Market
The global Photonic IC market was valued at US$ 1232.7 in 2020 and will reach US$ 4502.7 million by the end of 2027, growing at a CAGR of 24.1% during 2022-2027.
Global Photonic IC Scope and Market Size
The global Photonic IC market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Photonic IC market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Monolithic Integration
Hybrid Integration
Module Integration
Segment by Application
Optical Communication
Sensing
Biophotonics
Others
The Photonic IC market is analysed and market size information is provided by regions (countries). Segment by Application, the Photonic IC market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Infinera
Alcatel-Lucent
Avago
NeoPhotonics
HUAWEI
Cisco
Ciena
Intel
Lumentum
JDS Uniphase
Finisar
Luxtera
Mellanox
OneChip
On the one hand, today photonic integration is emerging as a new standard for providing cost effective and high-performance miniaturized and optical systems for a wide range of applications. The use of photonic integrated circuits (PICs) enables system designers and manufacturers to unite various optical devices such as modulators, optical amplifiers, lasers, and multiplexers into a single package, thereby making the overall system compact and reduce its cost. As cost is a supremely important factor for both manufacturers and end users, this demand for photonic integrated circuits is expected to see a heightened rise over the coming years.
Market Analysis and Insights: Global Photonic IC Market
The global Photonic IC market was valued at US$ 1232.7 in 2020 and will reach US$ 4502.7 million by the end of 2027, growing at a CAGR of 24.1% during 2022-2027.
Global Photonic IC Scope and Market Size
The global Photonic IC market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Photonic IC market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Monolithic Integration
Hybrid Integration
Module Integration
Segment by Application
Optical Communication
Sensing
Biophotonics
Others
The Photonic IC market is analysed and market size information is provided by regions (countries). Segment by Application, the Photonic IC market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Infinera
Alcatel-Lucent
Avago
NeoPhotonics
HUAWEI
Cisco
Ciena
Intel
Lumentum
JDS Uniphase
Finisar
Luxtera
Mellanox
OneChip
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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