Photonic Integrated Circuit (PIC) Market 2021 Technology Development, Key Manufacturers, Forecast Based on Major Drivers and Trends Up to 2027

The Global Photonic Integrated Circuit (PIC) Market Report Forecast 2021 - 2027 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). Further, the report also takes into account the impact of the novel COVID-19 pandemic on the Photonic Integrated Circuit (PIC) market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The global Photonic Integrated Circuit (PIC) market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 12.6% in the forecast period of 2020 to 2025 and will expected to reach USD 800.8 million by 2025, from USD 497.9 million in 2019.

(Exclusive Offer: Flat 20% discount on this report)

Get a Free Sample PDF Copy of the Report:

https://www.marketinsightsreports.com/reports/01132545027/global-photonic-integrated-circuit-pic-market-research-report-2021/inquiry?mode=69

Top Key Players 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,

Industry News and Updates:

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 Segmentation:

By Type:

Lithium Niobate

Silica on Silicon

Silicon on Insulator

Indium Phosphide

Allium Arsenide

By Application:

Optical Fiber Communication

Optical Fiber Sensors

Biomedical

Quantum Computing

Others

Regional Analysis:

The report offers an in-depth assessment of the growth and other aspects of the Photonic Integrated Circuit (PIC) market in important countries (regions), including:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

North America to Hold a Major Market Share

In North America, the demand for photonic integrated circuits (PIC) based products is driven by data centers and WAN applications of fiber optic communication. For instance, in February 2019, US-based Ciena Corporation launched WaveLogic 5 Extreme system, which is capable of transmitting 800 gigabits of data per second on a single wavelength of light through up to 200 kilometers of optical fiber.​

The growing need for high-speed data transmission increased the data traffic in cloud computing, and the rapid roll-out of IoT has created a potentially booming photonic integrated circuit industry in the region. According to Cisco Cloud Index, North America is expected to generate the most cloud traffic (7.7 ZB per year) by 2021. Such trends are expected to increase market adoption. ​

Inquiry for Discount here:

https://www.marketinsightsreports.com/reports/01132545027/global-photonic-integrated-circuit-pic-market-research-report-2021/discount?mode=69

Influence of the Photonic Integrated Circuit (PIC) Market report:

-Comprehensive assessment of all opportunities and risks in the Photonic Integrated Circuit (PIC) Market.

-Photonic Integrated Circuit (PIC) Market recent innovations and major events.

-A Detailed study of business strategies for the growth of the Photonic Integrated Circuit (PIC) Market-leading players.

-Conclusive study about the growth plot of 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.

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 2016 to 2021 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Explore Full Report with Detailed TOC Here:

https://www.marketinsightsreports.com/reports/01132545027/global-photonic-integrated-circuit-pic-market-research-report-2021?mode=69

Customization of this Report: This report can be customized as per your needs for additional data up to 5 companies or countries or 40 analyst hours.

Please contact our sales professional (sales@marketinsightsreports.com ), we will ensure you obtain the report which works for your needs.

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

ABOUT US:

Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.