The global Photonic Integrated Circuit (PIC) market was valued at US$ 536.2 million in 2020 and it is expected to reach US$ 1315.5 million by the end of 2027, growing at a CAGR of 13.2% during 2021-2027.
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.
Photonic IC Market size is anticipated to grow owing to advantages of the components such as cost-effectiveness and enhanced functionalities.
Global Photonic Integrated Circuit (PIC) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Photonic Integrated Circuit (PIC) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Infinera, Macom, Mellanox Technologies, Luxtera, Lumentum, Kotura, NeoPhotonics, Finisar, DS Uniphase, Alcatel-Lucent, Avago Technologies, Lumerical, Aifotec, Ciena, Huawei Technologies, Intel, TE Connectivity, Agilent Technologies, OneChip Photonics, Emcore Co, Viavi Solutions Inc and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Lithium Niobate
- Silica on Silicon
- Silicon on Insulator
- Indium Phosphide
- Allium Arsenide
Segment by Application
- Optical Fiber Communication
- Optical Fiber Sensors
- Quantum Computing
Table of Content:
1 Photonic Integrated Circuit (PIC) Market Overview
2 Photonic Integrated Circuit (PIC) Market Competition by Manufacturers
3 Photonic Integrated Circuit (PIC) Retrospective Market Scenario by Region
4 Global Photonic Integrated Circuit (PIC) Historic Market Analysis by Type
5 Global Photonic Integrated Circuit (PIC) Historic Market Analysis by Application
6 Key Companies Profiled
7 Photonic Integrated Circuit (PIC) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Photonic Integrated Circuit (PIC) Market Dynamics
10 Global Photonic Integrated Circuit (PIC) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.