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Photonic Integrated Circuit (PIC) - Global Strategic Business Report

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    Report

  • 463 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 3619379
The global market for Photonic Integrated Circuit (PIC) was estimated at US$1.5 Billion in 2023, and is projected to reach US$5.5 Billion by 2030, growing at a CAGR of 20.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Hybrid Integration PIC segment, which is expected to reach US$2.7 Billion by 2030 with a CAGR of a 19.2%. The Monolithic Integration PIC segment is also set to grow at 23.4% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $570.3 Million in 2023, and China, forecasted to grow at an impressive 32.0% CAGR to reach $996.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Photonic Integrated Circuit (PIC) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Photonic Integrated Circuit (PIC) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Photonic Integrated Circuit (PIC) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Acacia Communications, Inc., Broadcom, Inc., Ciena Corporation, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 98 Featured):

  • Acacia Communications, Inc.
  • Broadcom, Inc.
  • Ciena Corporation
  • Infinera Corporation
  • Intel Corporation
  • IPG Photonics Corporation
  • Modular Photonics
  • OmniSensing Photonics LLC
  • Teem Photonics
  • Viavi Solutions, Inc.
  • Wooriro Co. Ltd.;

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • An Introduction to Photonic Integrated Circuit (PIC)
  • Materials Used in Making PIC
  • Integration Models for PIC
  • Applications
  • Photonic Integrated Circuit (PIC): Current Market Scenario and Outlook
  • Substrate Materials and Fabrication Methods for PICs
  • Indium Phosphide: Largest & Fastest Growing Material Type
  • World Photonic Integrated Circuit (PIC) Market by Raw Material (2024 & 2030): Percentage Breakdown of Revenues for Indium Phosphide (InP), Silicon-on-Insulator (SOI), Gallium Arsenide (GaAs), Silicon (Si), and Other Raw Materials
  • Silicon Substrates Remain in Contention
  • Hybrid Integration: The Widely Used PIC Fabrication Method
  • World Photonic Integrated Circuit (PIC) Market by Technique (2024 & 2030): Percentage Breakdown of Revenues for Hybrid Integration, Monolithic Integration, and Module Integration
  • Monolithic Integration Emerges as Fastest Growing Fabrication Approach
  • Analysis by Application
  • World Photonic Integrated Circuit (PIC) Market by Application (2024 & 2030): Percentage Breakdown of Revenues for Optical Communications, Optical Signal Processing, and Other Applications
  • Competitive Scenario
  • Photonic Integrated Circuit (PIC) Competitor Market Share Scenario Worldwide (in %): 2020
  • Recent Market Activity
  • Select Global Brands
  • Photonic Integrated Circuit (PIC) - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Expanding Role of DCI in Data Centers Creates Potential Market Opportunities
  • Data Center Interconnect (DCI) Related Needs of Enterprises by Sector: A Snapshot
  • Major Data Center Trends Influencing DCI Implementations
  • Rapid Growth in Data Center Traffic
  • Global Data Center Traffic Scenario (2018, 2020 & 2023E): Percentage Breakdown of Data Center Traffic by Equipment Type
  • Global Cloud Data Center Market (2018 & 2023E): Percentage Breakdown of Data Center Traffic by Cloud Type
  • Big Data and Cloud Computing Proliferate Demand for Hyperscale Data Centers
  • PIC to Gain from Introduction of 5G
  • Breakdown of Network Latency (in Milliseconds) by Network Type
  • Programmable PICs Exude Tremendous Potential to Transform Photonics
  • Optical Communications: Largest Application Market for PIC
  • Key Trends Influencing the Uptake of PICs in Optical Communication Space
  • Soaring Deployments of 100G & Ultra-100G OTNs
  • Growing Uptake of FTTx Networks
  • Growing Bandwidth Needs Bring Fiber Optic Networks to the Fore, Steering PIC Demand
  • Optical Signal Processing Emerges as Fastest Growing Application Segment
  • Biophotonics: A Niche Market Segment for PIC
  • Expanding Application Base for Biophotonics Generates Parallel Opportunities for PIC
  • Increased Focus on Optical In-Vitro Diagnostics Augurs Well
  • Biosensors Build on SiN Photonic Integrated Circuits
  • Northbound Trajectory in Fiber Optic Sensors Vertical Gives Impetus to Market Expansion
  • Global Fiber Optic Sensors Market (2019 & 2024E): Breakdown of Sales in US$ Million by Geographic Region
  • Smart Cities Concept to Underpin Sales Growth in the Coming Years
  • World Smart City Investments (in US$ Billion) for the Years 2018 through 2025E
  • Smart Homes to Drive Demand for PICs
  • Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025E
  • Advanced Simulation Software for Designing PICs for Automotive Applications
  • Upcoming Quantum Computing Model to Infuse New Growth Opportunities
  • World Quantum Computing Market by End-Use (2021 & 2027E)
  • Economic Unviability of Electronic IC in OEO Conversion Puts Focus on Photonic IC
  • Photonic IC vs. Electronic IC: A Brief Comparative Analysis
  • Reduced Number of Optical Packages & Decreased Need for Fiber Coupling Enhance the Image of PIC
  • Technology Innovations: Key to High Growth and Consistent Demand
  • A Monolithic InP-on-Si-on-Insulator Developed by a HKUST Team of Engineers.
  • Optoscribe Begins Sampling its New PIC Coupling Solution, OptoCplrLT
  • A University of Rochester Team Creates Miniature Modulators for High Potential PICs
  • Purdue University Research Team Develops an Electrically Driven, Magnetic-Free Linear Optical Isolator for PIC Production
  • Horizon 2020 Project INSPIRE, Aims to Combine Beneficial Properties of Two Mature Photonic Integration Platforms
  • Next Generation Silicon Photonics & Polymer Based Photonic ICs Enhance Speed, Bandwidth and Scalability
  • Collaborative Initiatives Foster Development of Innovative Products
  • Challenges with PIC Production
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Photonic Integrated Circuit (PIC) Market Analysis of Annual Sales in US$ Thousand for Years 2020 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Photonic Integrated Circuit (PIC) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Photonic Integrated Circuit (PIC) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
  • TABLE 4: World 10-Year Perspective for Photonic Integrated Circuit (PIC) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2020, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Hybrid Integration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Hybrid Integration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
  • TABLE 7: World 10-Year Perspective for Hybrid Integration by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2020, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Monolithic Integration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Monolithic Integration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
  • TABLE 10: World 10-Year Perspective for Monolithic Integration by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2020, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Module Integration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Module Integration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
  • TABLE 13: World 10-Year Perspective for Module Integration by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2020, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Indium Phosphide (InP) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Indium Phosphide (InP) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
  • TABLE 16: World 10-Year Perspective for Indium Phosphide (InP) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2020, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Silicon-on-Insulator (SOI) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Silicon-on-Insulator (SOI) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
  • TABLE 19: World 10-Year Perspective for Silicon-on-Insulator (SOI) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2020, 2024 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Gallium Arsenide (GaAs) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Gallium Arsenide (GaAs) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
  • TABLE 22: World 10-Year Perspective for Gallium Arsenide (GaAs) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2020, 2024 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Silicon (Si) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Silicon (Si) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
  • TABLE 25: World 10-Year Perspective for Silicon (Si) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2020, 2024 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Other Raw Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Other Raw Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
  • TABLE 28: World 10-Year Perspective for Other Raw Materials by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2020, 2024 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Optical Communications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Optical Communications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
  • TABLE 31: World 10-Year Perspective for Optical Communications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2020, 2024 & 2030
  • TABLE 32: World Recent Past, Current & Future Analysis for Optical Signal Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 33: World Historic Review for Optical Signal Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
  • TABLE 34: World 10-Year Perspective for Optical Signal Processing by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2020, 2024 & 2030
  • TABLE 35: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 36: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2022 and % CAGR
  • TABLE 37: World 10-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2020, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Photonic Integrated Circuit (PIC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • The United States: Largest Market for PIC Solutions
  • Fiber Optic Deployments Register Steady Growth
  • Percentage Population (%) Covered by Fiber Networks in Select States
  • Novel Use Case of Biophotonics in Medical Devices Augurs Well
  • Mainstream Image of Fiber Optic Sensors to Underpin Market Expansion
  • Market Analytics
CANADA
  • Market Overview
  • Growing Use of Fiber Optic Sensors Revs Up PIC Demand
JAPAN
  • Photonic Integrated Circuit (PIC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Market Overview
CHINA
  • Photonic Integrated Circuit (PIC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Market Overview
  • Increased Adoption of Fiber Optic Sensors Infuses Market Momentum
  • Sensors Manufacturing Scenario in China
EUROPE
  • Photonic Integrated Circuit (PIC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Overview
  • Healthy Home Entertainment Sector Spurs Demand for Fiber Optic Networks
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Photonic Integrated Circuit (PIC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
INDIASOUTH KOREATAIWANREST OF ASIA-PACIFIC
LATIN AMERICA
  • Photonic Integrated Circuit (PIC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
BRAZIL
  • Market Overview
MEXICO
  • Market Overview
REST OF LATIN AMERICAREST OF WORLDIV. COMPETITION

Companies Mentioned

  • Acacia Communications, Inc.
  • Broadcom, Inc.
  • Ciena Corporation
  • Infinera Corporation
  • Intel Corporation
  • IPG Photonics Corporation
  • Modular Photonics
  • OmniSensing Photonics LLC
  • Teem Photonics
  • Viavi Solutions, Inc.
  • Wooriro Co. Ltd.;

Table Information