Photonics 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. 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.

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

Global Photonics Integrated Circuit (IC) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Photonics Integrated Circuit (IC) Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Photonics Integrated Circuit (IC) companies in 2021 (%)

The global Photonics Integrated Circuit (IC) 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.

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

The global key manufacturers of Photonics Integrated Circuit (IC) include Hewlett-Packard Company, Ciena Corporation, Hamamatsu Photonics K.K., IBM, NeoPhotonics Corporation, Viavi Solutions, 3S Photonics S.A.S, Innolume GmbH and Infinera and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Photonics Integrated Circuit (IC) 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 Photonics Integrated Circuit (IC) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Photonics Integrated Circuit (IC) Market Segment Percentages, by Type, 2021 (%)

Monolithic Integration

Hybrid Integration

Module Integration

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

Global Photonics Integrated Circuit (IC) Market Segment Percentages, by Application, 2021 (%)

Optical Communications

Sensing

Biophotonics

Optical Signal Processing

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

Global Photonics Integrated Circuit (IC) 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 Photonics Integrated Circuit (IC) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Photonics Integrated Circuit (IC) revenues share in global market, 2021 (%)

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

Key companies Photonics Integrated Circuit (IC) sales share in global market, 2021 (%)

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

Hewlett-Packard Company

Ciena Corporation

Hamamatsu Photonics K.K.

IBM

NeoPhotonics Corporation

Viavi Solutions

3S Photonics S.A.S

Innolume GmbH

Infinera

Broadcom