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Photonic Integrated Circuit Market to Surpass at a Value of $ 3227.31 million by 2023

According to Stratistics MRC, the Global Photonic Integrated Circuit (IC) market is estimated at $ 480.99 million in 2016 and is expected to reach $ 3227.31 million by 2023 growing at a CAGR of 31.3% from 2016 to 2023. Increase in level of integration and decrease in size of the devices are the key factors fueling the market growth.

Low level of digitalization is major restraining factor for the market. Demand for Photonic technology is major opportunity for the market.

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By Application, Optical Communications segment is projected to dominate the market due to their cost-effectives and using them as an alternative to data transmission. Increase in demand for PICs in multiplexers and DE multiplexers, lasers, modulators, and optical amplifiers are expected to drive the market.

North America acquires the largest market in PIC market, due to application of optical fiber communications especially in data centers and WAN. However, APAC is the largest player in the access network application of optical fiber communications right now.

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Some of the key players in Photonic Integrated Circuit (IC) market include Emcore Corporation, Ciena Corporation, Avago Technologies, Intel Corporation, Cyoptics, Aifotec Ag, Enablence Technologies, Agilent Technologies, Infinera Corporation, Hewlett-Packard, Finisar Corporation , Kaiam Corporation, Jds Uniphase Corporation, Alcatel-Lucent, Oclaro, Neophotonics Corporation, Luxtera, Te Connectivity, Onechip Photonics and Kotura.

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Raw Materials Covered:

Silicon-On-Insulator

Galium Arsenide

Lithium Niobate

Indium Phosphide

Silica-On-Silicon

Other Raw Materials

 

Components Covered:

Attenuators

Modulators

Lasers

Optical Amplifiers

Detectors

Photo Detectors

 

Applications Covered:

Optical Fiber Sensor

Biophotonics

Optical Signal Processing

Biomedical

Optical Communications

Optical Fiber Communications

Other Applications

 

Types of Integration Covered:

Module Integration

Monolithic Integration

Hybrid Integration

 

Regions Covered:

North America

US

Canada

Mexico

Europe

Germany

France

Italy

UK

Spain

Rest of Europe

Asia Pacific

Japan

China

India

Australia

New Zealand

Rest of Asia Pacific

South America

Argentina

Brazil

Chile

Rest of South America

Middle East & Africa

Saudi Arabia

UAE

Qatar

South Africa

Rest of Middle East & Africa

 

Table of Content

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Photonic Integrated Circuit (IC) Market, By Raw Materials

6 Global Photonic Integrated Circuit (IC) Market, By Components

7 Global Photonic Integrated Circuit (IC) Market, By Application

8 Global Photonic Integrated Circuit (IC) Market, By Type of Integration

9 Global Photonic Integrated Circuit (IC) Market, By Geography

10 Key Developments

11 Company Profiling

 

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