Photonic Integrated Circuit (PIC) Market 2021 Analysis by Top Manufacturers-  TE Connectivity, Agilent Technologies, OneChip Photonics, Emcore Co, Lumerical, Aifotec, Ciena

The report presents an in-depth assessment of the Photonic Integrated Circuit (PIC) Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Photonic Integrated Circuit (PIC) from 2021 till 2027. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The Global Photonic Integrated Circuit (PIC) Market is expected to grow at a CAGR 23.8% during the forecast period (2021-2027).

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Photonic Integrated Circuit (PIC) Market: Infinera, MACOM, Mellanox Technologies, Luxtera, Lumentum, Kotura, NeoPhotonics, Finisar, DS Uniphase, Alcatel-Lucent, Avago Technologies, Lumerical, Aifotec, Ciena, Huawei Technologies, Intel, TE Connectivity, Agilent Technologies, OneChip Photonics, Emcore Co, Viavi Solutions Inc and others.

Recent Developments:

October 2020 - POET Technologies has signed a USD 50 million Joint Venture Agreement with Sanan IC, which is the world's leading producer of LEDs. The company has also applied for the registration of Super Photonics Xiamen Co., Ltd (“Super Photonics”). This is anticipated to offer a new generation of cost-effective, high-performance optical engines to transceiver module manufacturers, systems suppliers, data center operators, and network providers globally.

July 2020 - Inphi Corporation, a prominent player in high-speed data movement interconnects, and NeoPhotonics Corporation announced that the companies completed the industry’s first interoperability demonstration of OIF 400ZR Implementation Agreement compliant coherent transceivers, operating successfully across the C-Band over 120 km of optical fiber. Transceiver pairs consisting of Inphi’s COLORZ II with its Canopus 7nm Coherent DSP and NeoPhotonics 400ZR successfully linked. Both 400ZR coherent optics transceivers carried error-free traffic over a typical data center interconnect (DCI) link configuration at several wavelengths.​

Market Overview:

Photonic Integrated circuits (PIC) is a breakthrough technology as it uses photons (smallest unit of light) as the data carrier instead of electrons (smallest unit of electricity) used in electronic ICs. As light travels at very high speeds, PIC technology is widely used to transfer huge amounts of data at a very high speed. Thus the PIC based products are primarily deployed in the field of optical fiber communications. The Photonic integrated circuits market is growing at a phenomenal rate as it provides significant improvements in system size, power consumption, reliability and cost. The development of silicon photonics technology has helped in large scale manufacturing of PICs at low cost. Also current leading players have developed monolithically integrated Indium Phosphide (InP) based PICs that can integrate more than 600 components/functions in a single chip. Thus there is a huge competition in the market as each player is trying to innovate PIC based products which would be able to integrate large amounts of functions/components at low cost.

Global Photonic Integrated Circuit (PIC) Market Split by Product Type and Applications:

This report segments the global Photonic Integrated Circuit (PIC) market on the basis of Types are:

Optical Fiber Communication

Optical Fiber Sensors

Biomedical

Quantum Computing

Others

On the basis of Application, the Global Photonic Integrated Circuit (PIC) market is segmented into:

Lithium Niobate

Silica on Silicon

Silicon on Insulator

Indium Phosphide

Allium Arsenide

Regional Analysis For Photonic Integrated Circuit (PIC) Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Influence of the Photonic Integrated Circuit (PIC) Market Report:
-Comprehensive assessment of all opportunities and risks in the Photonic Integrated Circuit (PIC) market.
-The detailed study of business strategies for the growth of the Photonic Integrated Circuit (PIC) market-leading players.
-Conclusive study about the growth plot of the Photonic Integrated Circuit (PIC) market for forthcoming years.
-In-depth understanding of Photonic Integrated Circuit (PIC) market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Photonic Integrated Circuit (PIC) market.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Photonic Integrated Circuit (PIC) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

The research includes historic data from 2015 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Photonic Integrated Circuit (PIC) Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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