Photonic IC Market Evolving Technology, Trends and Demands 2021 to 2027|Infinera, Alcatel-Lucent, Avago, NeoPhotonics

Global Photonic IC Market Insights and Forecast to 2027

The Photonic IC Market research report provides an in-depth analysis of the current’s trends, latest developments, scenario, market size, various drivers, restraints, and major players along with their profile details. Research report offers the historic data for year 2021 and 2027 and also provides the forecast data from year 2021 to 2027 which is based on revenue. With the help of all these information research report helps the market participants to improve market positions. With the help of all these insights Photonic IC market research report recommends a business strategy for present market participants to strengthen their position in the market.

The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: Infinera, Alcatel-Lucent, Avago, NeoPhotonics, HUAWEI, Cisco, Ciena, Intel, Lumentum, JDS Uniphase, Finisar, Luxtera, Mellanox, OneChip

INDUSTRY NEWS

 NeoPhotonics announced the launch of the high output power version of its 400G Multi-Rate CFP2-DCO coherent pluggable transceiver with 0 dBm output power and designed to operate in the metro, regional, and long-haul ROADM based optical networks. It is based on NeoPhotonics vertically integrated Indium Phosphide technology platform, including the ultra-pure Nano tunable laser and Class 40 Coherent Driver Modulator (CDM) and Coherent Receiver (ICR).
Infinera Corporation announced that GEANT, Europe's collaboration on networks for research and education and related infrastructure and services, has completed a live network trial of 800G transmission on production networks across Europe. Powered by ICE6800G technology on the GX Series Compact Modular Platform, this trial demonstrates that GEANT's network can increase capacity and expand large amounts of bandwidth to meet the growing needs of the research community.

The Global Photonic IC Market Size is Projected to Reach at a CAGR of 29.2% during 2021-2027.

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MARKET OVERVIEW

When integrated on a single chip, multiple photonic components, such as waveguides, lasers, modulators, and detectors, are referred to as Photonic ICs. Compared to traditional ICs, photonic ICs are extremely fast, accommodate higher bandwidth, and are highly power efficient. These features have been addressing some of the critical drawbacks of traditional ICs. In the case of photonic ICs, it is estimated that the power consumed in such critical applications could be reduced by at least 50%. The frequencies that could be covered with photons are about 1,000 to 10,000 times higher than the spectrum to be covered with microelectronics. 

Covid-19 Impact and Recovery Analysis:

The number one goal of this Photonic IC Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Photonic IC market document.

Photonic IC market Segmentation By Type:

Monolithic Integration

Hybrid Integration

Module Integration

Photonic IC market Segmentation By Application:

Optical Communication

Sensing

Biophotonics

Others

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Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

REGIONAL OUTLOOK

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. 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 the end of 2021. Such trends are expected to increase market adoption.

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Significant Features and Key Highlights of the Reports:

– Detailed overview of Photonic IC Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value.

– Recent industry trends and developments

– Competitive landscape of Photonic IC Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth.

The report gives answers to the following:

What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Photonic IC industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2021-2027)?
What could be the anticipated value of the Photonic IC marketplace in the during the forecast period?
Impact of COVID-19:

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the Photonic IC market report 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.

Customization: -

The Global Photonic IC Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.

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