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Photonic Integrated Circuit Market Size, Share & Trends Analysis Report by Material (III-V Material, Lithium Niobate, Silica-on-silicon), Integration Process (Hybrid), Application, Region, and Segment Forecasts, 2025-2030

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    Report

  • 90 Pages
  • October 2024
  • Region: Global
  • Grand View Research
  • ID: 6024591
Description Jump to:
The global photonic integrated circuit market size is expected to reach USD 25.80 billion by 2030, registering a CAGR of 10.8% from 2025 to 2030. Photonic IC is an integrated circuit that uses optical wavelength as an information signal and provides multiple integrated photonic functions. Photonic IC, as such, is similar to an electronic IC and can be a viable replacement for it as well as for the copper-based wired transmission. Photonic IC forms an integral part of lasers, optical amplifiers, modulators, and MUX/DEMUX components, which are extensively used in the optical signal processing, optical communication, biophotonics, and sensing applications. The growing demand for sensing and optical devices are expected to fuel the growth of the photonic IC market.

There is an increasing need for cost effective, power efficient, and compact PICs which would further propel the photonic IC market over the forecast period across the mobile broadband Internet access, high-performance computing, datacenter, and enterprise networking, along with metro and long haul data communications, among many others. The increasing adoption of the high-level integrated PICs and application-specific PICs would boost the photonic IC market to strive for greater functionality and new product development across a number of verticals.

The photonic IC market is anticipated to grow substantially due to the continuous technological advancements and the evolving end-user demands. The laser, optical amplifier, and MUX/DEMUX component segments possess enormous growing opportunities, owing to the ability of photonic ICs to incorporate new optical functionalities that can be embedded on a single chip to achieve high efficiency and compactness.

The increasing demand for the optical communication and sensing applications is driving the growth of photonic ICs around the globe with an efficient management of datacenters and long haul networks providing a thriving market for them. Moreover, with the advancements in quantum computing, the adoption of photonic ICs are increasing as they allow multitasking that quantum computing readily requires. Also, the growing adoption of the biophotonic application in medical devices also holds considerable growth opportunities for the photonic ICs market. On the other hand, the high bandwidth and optimum performance requirements of the telecommunication industry, data storage, cloud service providers, and large business enterprises are expected to boost the optical communication and signal processing segments. This market will create many new opportunities culminating in an increased adoption of photonic ICs over the forecasted period.

Photonic Integrated Circuit Market Report Highlights

  • Based on materials, the III-V Material segment dominated the global photonic integrated circuit market industry with a revenue share of 33.2% in 2024.
  • Based on integration process, the hybrid integration segment dominated the global market for photonic integrated circuits in 2024. Some of the common techniques for hybrid integration include selective area growth, die-to-wafer bonding, flip-chip bonding, and others.
  • Based on application, the data centers segment accounted for the largest revenue share of the global market in 2024. This is attributed to the performance improvement capacities of photonic integrated circuits (PICs).
  • North America photonic integrated circuit market held the largest revenue share of 38.5% in 2024. This is attributed to factors such as growing 5G networks in the region, the large number of data centers operating in North America, the growing demand for the biomedical sector, and the presence of multiple semiconductor market participants in the region.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments
  • Competitive Landscape: Explore the market presence of key players worldwide
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

The leading players in the Photonic Integrated Circuit market include:

  • Lumentum Operations LLC
  • POET Technologies
  • Coherent Corp.
  • Infinera Corporation
  • Intel Corporation
  • Cisco Systems Inc.
  • Source Photonics.
  • Caliopa (Huawei Technologies Co. Ltd)
  • EFFECT PHOTONICS
  • ANSYS, Inc


This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Research Methodology
1.2.1. Information Procurement
1.3. Information or Data Analysis
1.4. Methodology
1.5. Research Scope and Assumptions
1.6. Market Formulation & Validation
1.7. Country Based Segment Share Calculation
1.8. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Photonic Integrated Circuit Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Industry Challenge
3.3. Photonic Integrated Circuit Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Economic and social landscape
3.3.2.3. Technological landscape
Chapter 4. Photonic Integrated Circuit Market: Material Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Photonic Integrated Circuit Market: Material Movement Analysis, USD Million, 2024 & 2030
4.3. III-V Material
4.3.1. III-V Material Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Lithium Niobate
4.4.1. Lithium Niobate Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Silica-on-silicon
4.5.1. Silica-on-silicon Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.6. Others
4.6.1. Other Materials Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Photonic Integrated Circuit Market: Integration Process Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Photonic Integrated Circuit Market: Integration Process Movement Analysis, USD Million, 2024 & 2030
5.3. Hybrid
5.3.1. Hybrid Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Monolithic
5.4.1. Monolithic Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Photonic Integrated Circuit Market: Application Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Photonic Integrated Circuit Market: Application Movement Analysis, USD Million, 2024 & 2030
6.3. Telecommunication
6.3.1. Telecommunication Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Biomedical
6.4.1. Biomedical Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Data Centers
6.5.1. Data Centers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Others
6.6.1. Other Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Photonic Integrated Circuit Market: Regional Estimates & Trend Analysis
7.1. Photonic Integrated Circuit Market Share, By Region, 2024 & 2030, USD Million
7.2. North America
7.2.1. North America Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.2.2. U.S.
7.2.2.1. U.S. Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.2.3. Canada
7.2.3.1. Canada Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.2.4. Mexico
7.2.4.1. Mexico Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.3. Europe
7.3.1. Europe Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.3.2. UK
7.3.2.1. UK Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.3.3. Germany
7.3.3.1. Germany Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.3.4. France
7.3.4.1. France Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.4. Asia Pacific
7.4.1. Asia Pacific Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.4.2. China
7.4.2.1. China Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.4.3. Japan
7.4.3.1. Japan Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.4.4. India
7.4.4.1. India Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.4.5. South Korea
7.4.5.1. South Korea Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.4.6. Australia
7.4.6.1. Australia Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.5. Latin America
7.5.1. Latin America Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.5.2. Brazil
7.5.2.1. Brazil Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.6. Middle East and Africa
7.6.1. Middle East and Africa Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.6.2. UAE
7.6.2.1. UAE Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.6.3. Saudi Arabia
7.6.3.1. Saudi Arabia Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
7.6.4. South Africa
7.6.4.1. South Africa Photonic Integrated Circuit Market Estimates and Forecasts, 2018 - 2030 (USD MILLION)
Chapter 8. Competitive Landscape
8.1. Company Categorization
8.2. Company Market Positioning
8.3. Company Heat Map Analysis
8.4. Company Profiles/Listing
8.4.1. Lumentum Operations LLC
8.4.1.1. Participant’s Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Benchmarking
8.4.1.4. Strategic Initiatives
8.4.2. POET Technologies
8.4.2.1. Participant’s Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Benchmarking
8.4.2.4. Strategic Initiatives
8.4.3. Coherent Corp.
8.4.3.1. Participant’s Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Benchmarking
8.4.3.4. Strategic Initiatives
8.4.4. Infinera Corporation
8.4.4.1. Participant’s Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Benchmarking
8.4.4.4. Strategic Initiatives
8.4.5. Intel Corporation
8.4.5.1. Participant’s Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Benchmarking
8.4.5.4. Strategic Initiatives
8.4.6. Cisco Systems Inc.
8.4.6.1. Participant’s Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Benchmarking
8.4.6.4. Strategic Initiatives
8.4.7. Source Photonics.
8.4.7.1. Participant’s Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Benchmarking
8.4.7.4. Strategic Initiatives
8.4.8. Caliopa (Huawei Technologies Co. Ltd)
8.4.8.1. Participant’s Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Benchmarking
8.4.8.4. Strategic Initiatives
8.4.9. EFFECT PHOTONICS
8.4.9.1. Participant’s Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Benchmarking
8.4.9.4. Strategic Initiatives
8.4.10. ANSYS, Inc
8.4.10.1. Participant’s Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Benchmarking
8.4.10.4. Strategic Initiatives
List of Tables
Table 1 Global Photonic Integrated Circuit Market, by region, 2018 - 2030 (USD Million)
Table 2 Global Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 3 Global Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 4 Global Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 5 Global Photonic Integrated Circuit Market, by end use, 2018 - 2030 (USD Million)
Table 6 North America Photonic Integrated Circuit Market, by country, 2018 - 2030 (USD Million)
Table 7 North America Photonic Integrated Circuit Market, by material ,2018 - 2030 (USD Million)
Table 8 North America Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 9 North America Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 10 U.S. Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 11 U.S. Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 12 U.S. Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 13 Canada Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 14 Canada Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 15 Canada Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 16 Mexico Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 17 Mexico Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 18 Mexico Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 19 Europe Photonic Integrated Circuit Market, by country, 2018 - 2030 (USD Million)
Table 20 Europe Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 21 Europe Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 22 Europe Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 23 UK Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 24 UK Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 25 UK Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 26 Germany Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 27 Germany Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 28 Germany Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 29 France Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 30 France Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 31 France Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 32 Asia Pacific Photonic Integrated Circuit Market, by country, 2018 - 2030 (USD Million)
Table 33 Asia Pacific Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 34 Asia Pacific Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 35 Asia Pacific Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 36 China Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 37 China Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 38 China Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 39 India Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 40 India Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 41 India Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 42 Japan Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 43 Japan Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 44 Japan Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 45 Australia Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 46 Australia Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 47 Australia Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 48 South Korea Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 49 South Korea Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 50 South Korea Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 51 Latin America Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 52 Latin America Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 53 Latin America Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 54 Brazil Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 55 Brazil Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 56 Brazil Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 57 MEA Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 58 MEA Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 59 MEA Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 60 UAE Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 61 UAE Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 62 UAE Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 63 Saudi Arabia Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 64 Saudi Arabia Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 65 Saudi Arabia Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
Table 66 South Africa Photonic Integrated Circuit Market, by material, 2018 - 2030 (USD Million)
Table 67 South Africa Photonic Integrated Circuit Market, by integration process, 2018 - 2030 (USD Million)
Table 68 South Africa Photonic Integrated Circuit Market, by deployment, 2018 - 2030 (USD Million)
Table 69 South Africa Photonic Integrated Circuit Market, by organization size, 2018 - 2030 (USD Million)
Table 70 South Africa Photonic Integrated Circuit Market, by application, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Photonic Integrated Circuit Market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value chain-based sizing & forecasting
Fig. 7 Parent market analysis
Fig. 8 Market formulation & validation
Fig. 9 Photonic integrated circuit market snapshot
Fig. 10 Photonic integrated circuit market segment snapshot
Fig. 11 Photonic integrated circuit market competitive landscape snapshot
Fig. 12 Market research process
Fig. 13 Market driver relevance analysis (Current & future impact)
Fig. 14 Market restraint relevance analysis (Current & future impact)
Fig. 15 Photonic integrated circuit market: Material outlook key takeaways (USD Million)
Fig. 16 Photonic integrated circuit market: Material movement analysis (USD Million), 2024 & 2030
Fig. 17 III-V material market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 18 Lithium niobate market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 19 Silica-on-silicon market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 20 Other materials market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 21 Photonic integrated circuit market: Integration process outlook key takeaways (USD Million)
Fig. 22 Photonic integrated circuit market: Integration process movement analysis (USD Million), 2024 & 2030
Fig. 23 Hybrid market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 24 Monolithic market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 25 Photonic integrated circuit market: Application outlook key takeaways (USD Million)
Fig. 26 Photonic integrated circuit market: Application movement analysis (USD Million), 2024 & 2030
Fig. 27 Telecommunication market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 28 Biomedical market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 29 Data centers market revenue estimates and forecasts, 2018 - 2030 (USD
Fig. 30 Regional marketplace: Key takeaways
Fig. 31 Photonic integrated circuit market: Regional outlook, 2024 & 2030, USD Million
Fig. 32 North America photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 33 U.S. Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 34 Canada Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 35 Mexico Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 36 Europe Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 37 UK Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 38 Germany Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 39 France Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 40 Italy Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 41 Spain Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 42 Asia Pacific Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 43 Japan Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 44 China Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 45 India Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 46 Australia Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 47 South Korea Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 48 Latin America Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 49 Brazil Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 50 MEA Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 51 Saudi Arabia Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 52 UAE Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 53 South Africa Photonic integrated circuit market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 54 Strategy framework
Fig. 55 Company categorization

Companies Mentioned

  • Lumentum Operations LLC
  • POET Technologies
  • Coherent Corp.
  • Infinera Corporation
  • Intel Corporation
  • Cisco Systems Inc.
  • Source Photonics.
  • Caliopa (Huawei Technologies Co. Ltd)
  • EFFECT PHOTONICS
  • ANSYS, Inc

Methodology

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Table Information

Report AttributeDetails
No. of Pages90
PublishedOctober 2024
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 14.08 Billion
Forecasted Market Value ( USD ) by 2030 $ 25.8 Billion
Compound Annual Growth Rate10.8%
Regions CoveredGlobal
No. of Companies Mentioned10

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About the Photonic Integrated Circuit Market

The Photonic Integrated Circuit (PIC) market is a subset of the semiconductor industry. PICs are integrated circuits that use light instead of electricity to transmit data. They are used in a variety of applications, such as optical communication, sensing, and imaging. PICs are becoming increasingly popular due to their high speed, low power consumption, and small size. PICs are made up of several components, including lasers, modulators, detectors, and waveguides. These components are integrated onto a single chip, allowing for a more efficient and cost-effective design. PICs are also more reliable than traditional electronic components, as they are less susceptible to interference. The PIC market is expected to grow in the coming years, driven by the increasing demand for high-speed data transmission and the need for more efficient and cost-effective solutions. Some of the major companies in the PIC market include Intel, IBM, Huawei, and Finisar. Show Less Read more

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