openPR Logo
Press release

Photonic Integrated Circuits Market to Hit USD 5.55 Bn by 2030 at 17.7% CAGR

01-24-2025 05:09 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Maximize Market Research Pvt. Ltd.

Photonic Integrated Circuits (PIC) Market

Photonic Integrated Circuits (PIC) Market

๐๐ก๐จ๐ญ๐จ๐ง๐ข๐œ ๐ˆ๐ง๐ญ๐ž๐ ๐ซ๐š๐ญ๐ž๐ ๐‚๐ข๐ซ๐œ๐ฎ๐ข๐ญ๐ฌ (๐๐ˆ๐‚) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ญ ๐Ÿ๐จ๐ซ ๐‘๐ž๐ฆ๐š๐ซ๐ค๐š๐›๐ฅ๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The global Photonic Integrated Circuits (PIC) market is experiencing significant expansion, driven by the escalating demand for high-speed data transmission and advancements in optical communication technologies. In 2023, the market was valued at approximately USD 1.77 billion and is projected to grow to USD 5.55 billion by 2030, reflecting a robust Compound Annual Growth Rate (CAGR) of 17.7% during the forecast period.

๐†๐ž๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/33399/

๐๐ก๐จ๐ญ๐จ๐ง๐ข๐œ ๐ˆ๐ง๐ญ๐ž๐ ๐ซ๐š๐ญ๐ž๐ ๐‚๐ข๐ซ๐œ๐ฎ๐ข๐ญ๐ฌ (๐๐ˆ๐‚) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

๐‘ท๐’‰๐’๐’•๐’๐’๐’Š๐’„ ๐‘ฐ๐’๐’•๐’†๐’ˆ๐’“๐’‚๐’•๐’†๐’… ๐‘ช๐’Š๐’“๐’„๐’–๐’Š๐’•๐’” (๐‘ท๐‘ฐ๐‘ช) ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘ฝ๐’Š๐’†๐’•๐’๐’‚๐’Ž:

Vietnam is witnessing a surge in technological investments, particularly in the telecommunications sector. The government's initiatives to enhance digital infrastructure are creating opportunities for the adoption of PICs in high-speed communication networks. Collaborations with international tech firms are anticipated to further drive the integration of photonic technologies in various applications.

๐‘ท๐’‰๐’๐’•๐’๐’๐’Š๐’„ ๐‘ฐ๐’๐’•๐’†๐’ˆ๐’“๐’‚๐’•๐’†๐’… ๐‘ช๐’Š๐’“๐’„๐’–๐’Š๐’•๐’” (๐‘ท๐‘ฐ๐‘ช) ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ถ๐’‘๐’•๐’Š๐’„๐’‚๐’ ๐‘ช๐’๐’Ž๐’Ž๐’–๐’๐’Š๐’„๐’‚๐’•๐’Š๐’๐’ ๐’Š๐’ ๐‘ป๐’‰๐’‚๐’Š๐’๐’‚๐’๐’…:

Thailand's focus on upgrading its telecommunication infrastructure has led to increased interest in PICs. The deployment of 5G networks and the expansion of data centers are key trends contributing to the demand for efficient and compact photonic solutions. Local enterprises are exploring partnerships to incorporate PICs into their service offerings, aiming to enhance data transmission capabilities.

๐‘ท๐’‰๐’๐’•๐’๐’๐’Š๐’„ ๐‘ฐ๐’๐’•๐’†๐’ˆ๐’“๐’‚๐’•๐’†๐’… ๐‘ช๐’Š๐’“๐’„๐’–๐’Š๐’•๐’” (๐‘ท๐‘ฐ๐‘ช) ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐‘ท๐’‰๐’๐’•๐’๐’๐’Š๐’„ ๐‘ป๐’†๐’„๐’‰๐’๐’๐’๐’๐’ˆ๐’Š๐’†๐’” ๐’Š๐’ ๐‘ฑ๐’‚๐’‘๐’‚๐’:

Japan remains at the forefront of photonic technology innovation. With a strong emphasis on research and development, Japanese companies are pioneering advancements in PIC applications, particularly in telecommunications and healthcare sectors. The country's commitment to technological excellence positions it as a significant contributor to the global PIC market.

๐‘ท๐’‰๐’๐’•๐’๐’๐’Š๐’„ ๐‘ฐ๐’๐’•๐’†๐’ˆ๐’“๐’‚๐’•๐’†๐’… ๐‘ช๐’Š๐’“๐’„๐’–๐’Š๐’•๐’” (๐‘ท๐‘ฐ๐‘ช) ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ช๐’๐’๐’”๐’๐’๐’Š๐’…๐’‚๐’•๐’Š๐’๐’ ๐’Š๐’ ๐‘บ๐’๐’–๐’•๐’‰ ๐‘ฒ๐’๐’“๐’†๐’‚:

South Korea's robust electronics industry is experiencing consolidation, with major players investing in photonic technologies. The integration of PICs in consumer electronics and communication devices is a notable trend. Strategic mergers and acquisitions are facilitating the development of advanced photonic solutions, strengthening South Korea's position in the global market.

๐‘ท๐’‰๐’๐’•๐’๐’๐’Š๐’„ ๐‘ฐ๐’๐’•๐’†๐’ˆ๐’“๐’‚๐’•๐’†๐’… ๐‘ช๐’Š๐’“๐’„๐’–๐’Š๐’•๐’” (๐‘ท๐‘ฐ๐‘ช) ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘จ๐’…๐’—๐’‚๐’๐’„๐’†๐’Ž๐’†๐’๐’•๐’” ๐’Š๐’ ๐‘บ๐’Š๐’๐’ˆ๐’‚๐’‘๐’๐’“๐’†:

Singapore is emerging as a hub for photonic research and development. The nation's strategic investments in technology parks and innovation centers are fostering advancements in PIC applications across various industries, including biomedical and data communications. Collaborations between academia and industry are accelerating the commercialization of photonic technologies.

๐‘ท๐’‰๐’๐’•๐’๐’๐’Š๐’„ ๐‘ฐ๐’๐’•๐’†๐’ˆ๐’“๐’‚๐’•๐’†๐’… ๐‘ช๐’Š๐’“๐’„๐’–๐’Š๐’•๐’” (๐‘ท๐‘ฐ๐‘ช) ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ผ๐’๐’Š๐’•๐’†๐’… ๐‘บ๐’•๐’‚๐’•๐’†๐’”:

The United States continues to lead in the adoption of PICs, driven by significant investments in telecommunications and data center infrastructures. The demand for high-speed data transmission and the expansion of cloud services are key factors propelling the integration of photonic circuits. Companies are focusing on developing innovative PIC solutions to meet the growing data demands.

๐‘ท๐’‰๐’๐’•๐’๐’๐’Š๐’„ ๐‘ฐ๐’๐’•๐’†๐’ˆ๐’“๐’‚๐’•๐’†๐’… ๐‘ช๐’Š๐’“๐’„๐’–๐’Š๐’•๐’” (๐‘ท๐‘ฐ๐‘ช) ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐‘ช๐’‰๐’Š๐’๐’‚:

China's rapid industrialization and focus on technological advancement have led to substantial growth in photonic manufacturing. The country's investments in optical communication networks and the development of smart cities are driving the demand for PICs. Chinese enterprises are actively participating in the global photonics market through strategic partnerships and product innovations.

๐‘ท๐’‰๐’๐’•๐’๐’๐’Š๐’„ ๐‘ฐ๐’๐’•๐’†๐’ˆ๐’“๐’‚๐’•๐’†๐’… ๐‘ช๐’Š๐’“๐’„๐’–๐’Š๐’•๐’” (๐‘ท๐‘ฐ๐‘ช) ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘ฌ๐’–๐’“๐’๐’‘๐’†:

Europe is witnessing significant opportunities in photonic integration, with a strong focus on research and development. The region's initiatives to enhance digital infrastructure and promote sustainable technologies are fostering the adoption of PICs. Collaborations among European companies are leading to innovative applications in telecommunications, healthcare, and industrial sectors.

๐Š๐ž๐ฒ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

๐‘ฐ๐’๐’‡๐’Š๐’๐’†๐’“๐’‚ ๐‘ช๐’๐’“๐’‘๐’๐’“๐’‚๐’•๐’Š๐’๐’ announced the successful deployment of its ICE6 800G coherent optical solution by EXA Infrastructure on the Trans Adriatic Express (TAE) submarine cable, enhancing high-speed data transmission capabilities.

๐‘ณ๐’–๐’Ž๐’†๐’๐’•๐’–๐’Ž ๐‘ฏ๐’๐’๐’…๐’Š๐’๐’ˆ acquired IPG Photonics' telecom transmission product lines, expanding its addressable market and technological capabilities in transceiver product lines and ASICs, such as coherent DSPs.

๐‘ฐ๐’๐’•๐’†๐’ ๐‘ช๐’๐’“๐’‘๐’๐’“๐’‚๐’•๐’Š๐’๐’ unveiled a breakthrough in integrated photonics research, showcasing a precisely controlled eight-wavelength laser array on a silicon wafer, indicating the potential for incorporating optical photonics with core compute silicon in the future.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/33399/

๐๐ก๐จ๐ญ๐จ๐ง๐ข๐œ ๐ˆ๐ง๐ญ๐ž๐ ๐ซ๐š๐ญ๐ž๐ ๐‚๐ข๐ซ๐œ๐ฎ๐ข๐ญ๐ฌ (๐๐ˆ๐‚) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

๐’ƒ๐’š ๐‘ฐ๐’๐’•๐’†๐’ˆ๐’“๐’‚๐’•๐’Š๐’๐’

Monolithic Integration
Hybrid Integration
Module Integration

๐’ƒ๐’š ๐‘น๐’‚๐’˜ ๐‘ด๐’‚๐’•๐’†๐’“๐’Š๐’‚๐’

Gallium Arsenide
Indium Phosphide
Silica On Silicon
Silicon On Insulator
Lithium Niobate

๐’ƒ๐’š ๐‘จ๐’‘๐’‘๐’๐’Š๐’„๐’‚๐’•๐’Š๐’๐’

Optical Fiber Communication
Optical Fiber Sensors
Biomedical
Quantum Computing

The indium phosphide sector has the largest revenue share in the global market by raw material, and it is projected to rise significantly over the course of the forecast period.

๐“๐จ ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ÿ๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก, ๐ฉ๐ฅ๐ž๐š๐ฌ๐ž ๐ ๐จ ๐ญ๐จ: https://www.maximizemarketresearch.com/request-sample/33399/

๐๐ก๐จ๐ญ๐จ๐ง๐ข๐œ ๐ˆ๐ง๐ญ๐ž๐ ๐ซ๐š๐ญ๐ž๐ ๐‚๐ข๐ซ๐œ๐ฎ๐ข๐ญ๐ฌ (๐๐ˆ๐‚) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

1. Infinera Corporation
2. NeoPhotonics Corporation
3. Huawei Technologies Co., Ltd.
4. OneChip Photonics
5. Finisar Corporation
6. Intel Corporation
7. Broadcom Inc.
8. Luxtera, Inc.
9. Oclaro Inc.
10. VIAVI Solutions Inc.
11. Ciena Corporation
12. Emcore Corporation
13. Kaiam Corp
14. POET Technologies Inc.
15. ll-Vl Incorporated
16. Intel Corporation
17. Agilent Technologies, Inc.
18. Aifotec AG
19. Alcatel-Lucent SA
20. CyOptics Inc.
21. Enablence Technologies Inc.
22. Hewlett-Packard Company
23. JDS Uniphase Corporation
24. Mellanox Technologies Ltd

๐…๐ข๐ง๐ ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐๐ฎ๐ณ๐ณ:

Global Digital Transistor Market https://www.maximizemarketresearch.com/market-report/global-digital-transistor-market/76774/

Global Heat Sinks Market https://www.maximizemarketresearch.com/market-report/heat-sinks-market/11450/

South America UV LED Market https://www.maximizemarketresearch.com/market-report/south-america-uv-led-market/195631/

Global Patch Cable Market https://www.maximizemarketresearch.com/market-report/global-patch-cable-market/75915/

Wind Turbine Inspection Services Market https://www.maximizemarketresearch.com/market-report/wind-turbine-inspection-services-market/77606/

Global Portable Mini Fridge Market https://www.maximizemarketresearch.com/market-report/global-portable-mini-fridge-market/22206/

Loudspeaker Subwoofer Market https://www.maximizemarketresearch.com/market-report/loudspeaker-subwoofer-market/148089/

Autonomous Robot Toys Market https://www.maximizemarketresearch.com/market-report/autonomous-robot-toys-market/147254/

Global Carbon Monoxide (Co) Detector Market https://www.maximizemarketresearch.com/market-report/global-carbon-monoxide-co-detector-market/70118/

North America Smart trash bin Market https://www.maximizemarketresearch.com/market-report/north-america-smart-trash-bin-market/114024/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

AXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Photonic Integrated Circuits Market to Hit USD 5.55 Bn by 2030 at 17.7% CAGR here

News-ID: 3830926 • Views: โ€ฆ

More Releases from Maximize Market Research Pvt. Ltd.

Automotive Telematics Insurance Market to Surge to USD 331.86 Billion by 2032, Fueled by a 15.96% CAGR
09-04-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Automotive Telematics Insurance Market to Surge to USD 331.86 Billion by 2032, F โ€ฆ
Automotive Telematics Insurance Market size was valued at USD 101.50 Billion in 2024 and the total Automotive Telematics Insurance revenue is expected to grow at a CAGR of 15.96% from 2025 to 2032, reaching nearly USD 331.86 Billion. Automotive Telematics Insurance Market Overview: The Automotive Telematics Insurance Market, often referred to as Usage-Based Insurance (UBI), represents the convergence of telecommunications and informatics within the auto insurance sector. This market revolves around theโ€ฆ
Artificial Intelligence in Agriculture Market to Grow at a Stellar 21.5% CAGR, Targeting US$ 7.88 Bn by 2030
09-04-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Artificial Intelligence in Agriculture Market to Grow at a Stellar 21.5% CAGR, T โ€ฆ
Artificial Intelligence in Agriculture Market size is expected to grow at 21.5% throughout the forecast period, reaching nearly US$ 7.88 Bn by 2030 Artificial Intelligence in Agriculture Market Overview: The Artificial Intelligence in Agriculture market represents the integration of advanced computational technologies into farming practices to enhance efficiency, productivity, and sustainability. This market encompasses a wide array of solutions, including predictive analytics for crop yield forecasting, computer vision systems for monitoring plantโ€ฆ
Offshore Support Vessels Market to Reach USD 4.16 Billion by 2032, Growing at a 6.5% CAGR
09-04-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Offshore Support Vessels Market to Reach USD 4.16 Billion by 2032, Growing at a โ€ฆ
Offshore Support Vessels Market size was valued at USD 2510.79 Million in 2024 and the total Offshore Support Vessels revenue is expected to grow at a CAGR of 6.5% from 2025 to 2032, reaching nearly USD 4155.34 Million. Offshore Support Vessels Industry Overview: The offshore support vessels (OSV) industry provides a critical maritime logistical backbone for offshore oil and gas exploration and production activities, as well as a growing role in offshoreโ€ฆ
Commercial Vehicles Market Forecast to Expand from USD 848.63 Billion to USD 1.23 Trillion by 2032
09-04-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Commercial Vehicles Market Forecast to Expand from USD 848.63 Billion to USD 1.2 โ€ฆ
Commercial Vehicles Market size was valued at USD 848.63 Billion in 2024 and the total Commercial Vehicles revenue is expected to grow at a CAGR of 4.7% from 2025 to 2032, reaching nearly USD 1225.45 Billion. Commercial Vehicles Market Overview: The commercial vehicles market is a vital segment of the global automotive industry, encompassing vehicles designed primarily for transporting goods or passengers for commercial purposes. This broad category includes light commercial vehiclesโ€ฆ

All 5 Releases


More Releases for PIC

08-15-2024 | Fashion, Lifestyle, Trends
Sorkin PR
Brittany McVicker Joins Western Pic 'Dogwood' Alongside Eric Roberts
Brittany McVicker has joined the cast of Dogwood, starring opposite Academy Award nominee Eric Roberts. The film, directed by Dianna Renee, recently wrapped production in Chillicothe, Ohio. Set in the late 1800s, Dogwood is a tale of survival, revenge, and the enduring strength of a mother's love. McVicker plays Randi, a saloon girl and the primary companion of Daniel Manlius (Eric Roberts), the main antagonist-a vile, ruthless, and powerful plantation ownerโ€ฆ
02-06-2024 | IT, New Media & Software
Imgedit
Imgedit Provides the Best Pic to Cartoon AI Features
Los Angeles, USA - 06 February 2024 - Imgedit provides crazy cool opportunities to easily let AI turn photo into cartoon, with just a simple request! The wonders of generative AI are already conquering the World Wide Web. It has plenty of things that the AI is capable of, and image editing is among the primary options out there, for sure. Hence, there really is more than one way to goโ€ฆ
03-15-2021 | Advertising, Media Consulting, โ€ฆ
Global Market Estimates Research & Consultants
Photonic Integrated Circuits [PIC] Market - Forecasts to 2026
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 181โ€ฆ
08-28-2020 | Advertising, Media Consulting, โ€ฆ
Transparency Market Research
Impact Of Covid-19 Outbreak On Photonic Integrated Circuits (PIC) Market
Global Photonic Integrated Circuits (PIC) Market: Overview According to a new research report pertaining to the photonic integrated circuits (PIC) market, published by Transparency Market Research, the global photonic integrated circuits market is expected to reach a value of ~ US$ 3.3 Bn by 2027, expanding at a CAGR of ~ 23% from 2019 to 2027. According to the report, the global PIC market would continue to be influenced by aโ€ฆ
01-18-2019 | Industry, Real Estate & Constr โ€ฆ
Market Density
Global Photonic Integrated Circuits (PIC) Industry Market Analysis & Forecast 20 โ€ฆ
Global Photonic Integrated Circuits (PIC) Industry Market showcase is esteemed US$496.09 million of every 2018 and is assessed to reach US$1716.3 million by 2023 displaying a CAGR of 28.18% amid the conjecture time frame. Global Photonic Integrated Circuits (PIC) Industry Market is considered to develop as a standout amongst the most solid and promising answers for the optoelectronic gadgets attributable to its higher productivity, low vitality utilization, and higher operationalโ€ฆ
06-27-2017 | IT, New Media & Software
Pic-Alive
Pic-Alive brings images to life.
The Pic-Alive apps offer new opportunities for anyone looking for innovations. Ideal for printers, photographers and advertising agencies. Without high costs, AR (Augmented Reality) can tell the story behind the image. The Pic Alive app automatically recognizes the image and changes to a video. This can be done with existing photos and videos, but also easily created with the Pic-Alive Video app. The user takes a video up to 30 seconds,โ€ฆ