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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.
Scope of the Report:
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.
On the other hand, chip manufacturers all over the world are striving to enhance power efficiency by reducing power consumption and to achieve this, the use of PICs in the circuitry. PICs are increasingly being preferred over optical fiber communication systems. Owing to their benefits such as low power consumption, superior flexibility, and low latency, the application areas of photonic integrated circuits are expected to increase in the future.
The photonic integrated circuits market is still in its nascent stage and thus, with growing prospects in the future, the number of players in the market is likely to increase and this will result in a high level of threat from new entrants in the coming years.
The worldwide market for Photonic IC is expected to grow at a CAGR of roughly 23.8% over the next five years, will reach 1800 million US$ in 2024, from 500 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Photonic IC in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Infinera
- Alcatel-Lucent
- Avago
- NeoPhotonics
- HUAWEI
- Cisco
- Ciena
- Intel
- Oclaro
- JDS Uniphase
- Finisar
- Luxtera
- Mellanox
- OneChip
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Monolithic Integration
- Hybrid Integration
- Module Integration
Market Segment by Applications, can be divided into
- Optical Communication
- Sensing
- Biophotonics
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Photonic IC product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Photonic IC, with price, sales, revenue and global market share of Photonic IC in 2017 and 2018.
Chapter 3, the Photonic IC competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Photonic IC breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Photonic IC market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Photonic IC sales channel, distributors, customers, research findings and conclusion, appendix and data source.