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Photonic Integrated Circuits [PIC] Market - Forecasts to 2026

Photonic Integrated Circuits [PIC] Market

Photonic Integrated Circuits [PIC] Market

The Photonic Integrated Circuits [PIC] Market will grow with a CAGR value of 23.20 percent, to hit 6.17 Billion USD by 2026. PIC is a coordinated circuit that uses photons for the exchange of data signals in the obvious or close to an infrared range of light. These circuits are majorly deployed in optical field communication sectors, to transfer data.

Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Photonic Integrated Circuits [PIC] Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/photonic-integrated-circuits-pic-market-2841

By Integration Type (Monolithic Integration, Hybrid Integration, and Module Integration), By Raw Material (Indium Phosphide, Gallium Arsenide, Lithium Niobate, Silicon, Silicon-on-Insulator, and Others) By Component (Lasers, Modulators, Detectors, Attenuators, Multiplexers, /De-multiplexers, and Optical Amplifiers) By Application (Optical Communication, Sensing, Optical Signal Processing, and Biophotonics) Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• The Indium Phosphide (InP) section holds the major piece in the market.
• The laser component section held the biggest share in the photonic integrated circuit market, attributable to its broad use in engraving, welding, cutting, marking, and drilling.
• The market for North America will be dominant as of 2020, expanding the adoption of PICs in communications and detecting applications and the need to update present/current infrastructure is driving the business development in the area.
• Agilent Technologies, VLC Photonics S.L, Broadcom, Uniphase Inc., Ciena Corporation, TE Connectivity, Enablence, Oclaro, Inc., II-VI Inc., NeoPhotonics Corporation, Hewlett Packard, Mellanox Technologies, Huawei Technologies Co., Ltd., MACOM, Infinera Corporation, Cisco Systems, Inc, Intel Corporation, and Broadex Technologies, Co., Ltd. are the major players sharing maximum revenue in the market.

Browse the Report @ https://www.globalmarketestimates.com/market-report/photonic-integrated-circuits-pic-market-2841

Integration Type Outlook (Revenue, USD Billion, 2021-2026)
• Monolithic Integration
• Hybrid Integration
• Module Integration

Raw-Material Outlook (Revenue, USD Billion, 2021-2026)
• Indium Phosphide
• Gallium Arsenide
• Lithium Niobate
• Silicon
• Silicon-on-Insulator
• Others

Component Outlook (Revenue, USD Billion, 2021-2026)
• Lasers
• Modulators
• Detectors
• Attenuators
• Multiplexers/De-multiplexers
• Optical Amplifiers

Application Outlook (Revenue, USD Billion, 2021-2026)
• Optical Communication
• Sensing
• Optical Signal Processing
• Biophotonics

Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA

Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
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