Photonic Integrated Circuit Market

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 Integrated Circuit Market contains market size and forecasts of Photonic Integrated Circuit (PIC) in global, including the following market information:

Global Photonic Integrated Circuit (PIC) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Photonic Integrated Circuit (PIC) Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Photonic Integrated Circuit (PIC) companies in 2021 (%)

The global Photonic Integrated Circuit (PIC) market was valued at 551.7 million in 2021 and is projected to reach US$ 1268.8 million by 2028, at a CAGR of 12.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Lithium Niobate Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Photonic Integrated Circuit (PIC) include Infinera, MACOM, Mellanox Technologies, Luxtera, Lumentum, Kotura, NeoPhotonics, Finisar and DS Uniphase, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Photonic Integrated Circuit (PIC) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Photonic Integrated Circuit (PIC) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Photonic Integrated Circuit (PIC) Market Segment Percentages, by Type, 2021 (%)

Lithium Niobate

Silica on Silicon

Silicon on Insulator

Indium Phosphide

Allium Arsenide

Global Photonic Integrated Circuit (PIC) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Photonic Integrated Circuit (PIC) Market Segment Percentages, by Application, 2021 (%)

Optical Fiber Communication

Optical Fiber Sensors

Biomedical

Quantum Computing

Others

Global Photonic Integrated Circuit (PIC) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Photonic Integrated Circuit (PIC) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Photonic Integrated Circuit (PIC) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Photonic Integrated Circuit (PIC) revenues share in global market, 2021 (%)

Key companies Photonic Integrated Circuit (PIC) sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Photonic Integrated Circuit (PIC) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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