Press release
Photonic Integrated Circuit Market by Services, Solutions, Applications, Regional Analysis and Worldwide key manufacturers (Infinera, NeoPhotonics, Luxtera, Oclaro, Mellanox)| Foreseen till 2023
Photonic Integrated Circuit Market
This report includes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global and major regions from 2018-2023.
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Growth factors for the Photogenic IC market are the rapid increasing demand for high data transmission capacity and speed, particularly in data centre applications, has resulted in an increased development of the global photonic IC market. Also the increasing benefits associated with photonic ICs in terms of size, cost, power consumption, and efficiency are also predicted to the increase their adoption in a number of end-use verticals including telecommunications, healthcare, industrial, defense, aerospace, and data communication. However, the rising issues related to the packaging and design of photonic ICs are impeding the growth of the overall market.
Photonic integrated circuits (IC) are devices over which a number of optical devices are integrated and the technology that drives these devices is known as integrated optics. PICs are normally fabricated with a wafer-scale technology over nonlinear crystal materials such as lithium niobate or substrates of silica and silicon.
Photonic IC technology is utilized for transferring high amounts of data at extremely high speeds. Hence, photonic IC-based products are majorly deployed within the optical fiber communications field.
Key Players:
1 Infinera
2 NeoPhotonics
3 Luxtera
4 Oclaro
5 Mellanox
6 Avago Technologies
7 OneChip Photonics and more...
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Data center, network service providers, telecommunication, high-speed Internet and cloud services providers, as well as automation and instrumentation solutions providers are expected to be the prime beneficiaries of the Photonic Integrated Circuit industry advancements. With their exceptional speed, efficiency, and functionality, they may positively affect the structural engineering, transport and aerospace, chemical sensors, and energy and utilities industry over the span of next eight years.
Regions:
1 North America (U.S., Canada, Mexico)
2 Europe (Germany, U.K., France, Italy, Russia, Spain etc)
3 South America (Brazil, Argentina etc)
4 Middle East & Africa (Saudi Arabia, South Africa etc)
Types:
1 Monolithic Integration
2 Hybrid Integration
3 Module Integration
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Table of Content:
1 Market Definition
2 Global Market by Vendors
3 Global Market by Type
4 Global Market by End-Use / Application
5 Global Market by Regions
6 North America Market
7 Europe Market
8 Asia-Pacific Market
9 South America Market
10 Middle East & Africa Market
11 Market Forecast
12 Key Manufacturers
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