Press release
Photonic IC Industry Sector to hit US$ 31.7 Billion by 2031: Industrial Growth, Market Production, Industry Projects, Investment | Top Companies are teem photonics, Lumentum Holdings Inc., Luxtera, Inc., LIGENTEC SA, Acacia Communications, Inc.
Global Photonic IC Market reached US$ 3.2 Billion in 2023 and is expected to reach US$ 31.7 Billion by 2031, growing with a CAGR of 33.2% during the forecast period 2024-2031.Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://datamintelligence.com/download-sample/photonic-ic-market?kb
Latest M&A
✅ Pasqal, a French quantum computing company, acquired Canadian member AEPONYX to integrate photonic integrated circuits in quantum systems, expanding PIC application domains.
✅ Series of 22 M&A deals were reported in September 2025 focused on photonics companies offering PIC design, manufacturing, and innovation capabilities, consolidating the industry around key technology providers.
✅ Companies like ASML and Marvell Technology continue strategic investments and partnerships with PIC developers to enable next-gen optical communication and data center applications.
Key Players:
Intel Corporation, Cisco Systems, Inc., Infinera Corporation, Polariton Technologies AG, teem photonics, Lumentum Holdings Inc., Luxtera, Inc., LIGENTEC SA, Acacia Communications, Inc., Kaiam Corporation and TCG Crest.
Latest News and Product Launches
IIT Madras launched two indigenous silicon photonics products designed at Centre of Excellence in programmable photonic integrated circuits and systems (CoE-CPPICS), including a fiber-array unit for photonic chip packaging and silicon photonics-based quantum random number generator targeting scalable quantum computing.
OpenLight raised $34 million in Series A to scale next-gen integrated photonics for AI data centers, developing heterogeneously integrated silicon photonics with indium phosphide on-chip laser technology.
NLM Photonics validated its silicon-organic hybrid PIC performance above 200G in multi-channel testing, indicating advancements in power-efficient, high-bandwidth PIC platforms for data communications
Growth Forecast Projection:
The Global Photonic IC Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Photonic IC Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Buy Now & Unlock 360° Market Intelligence: https://www.datamintelligence.com/buy-now-page?report=photonic-ic-market?kb
Key Segmentation:
By Component: (Optical Laser, Modulator, Detector, Transceivers, Attenuators, Others)
By Raw Material: (Lithium Niobate, Indium Phosphide, Silica-on-Silicon, Gallium Arsenide, Silicon, Quantum Dots, Silicon-on-Insulator, Others)
By Integration: (Hybrid, Monolithic, Module)
By Application: (Optical Communications, Sensing, Optical Signal Processing, Bio Photonics)
By End-User: (Telecommunications, Biomedical, Data Centres, Others)
Regional Analysis for Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Photonic IC producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Photonic IC revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
Get Customization in the report as per your requirements: https://datamintelligence.com/customize/photonic-ic-market?kb
Latest Investments
Significant capital is flowing into photonics startups focusing on AI-scale workload connectivity, quantum computing interconnects, and telecom-all relying heavily on PIC innovations.
European investments include a €17.2 million government-backed boost to SPARC in Vigo, Spain, focusing on creating Europe's first photonic semiconductor manufacturing with III-V materials such as InP, GaAs, and GaN
Have any Enquiry of This Report @ https://www.datamintelligence.com/enquiry/photonic-ic-market?kb
Demand and Supply
✅ Growing AI and cloud computing adoption significantly boosts the demand for photonic chips for high-speed, energy-efficient optical communications, especially in hyperscale data centers and 5G networks.
✅ Supply chains are balancing the complexities of III-V semiconductor materials with silicon photonics integration to provide scalable, cost-effective PIC solutions.
✅ Regional hubs in the United States, Europe, and Asia dominate PIC development and supply, supported by strategic manufacturing investments and government subsidies enhancing capacity and commercialization.
Project Hubs
✅ India's IIT Madras operates a Centre of Excellence for programmable photonic IC and systems focused on quantum and microwave photonics, supporting local ecosystem growth.
✅ Europe, particularly Spain's Vigo region with SPARC and The Netherlands' PhotonDelta initiative, is a growing nexus for integrated photonics manufacturing and innovation projects.
✅ US hubs focus on scaling PIC manufacturing aligned with hyperscale data center demands and telecom infrastructure readiness.
Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.
Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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 IC Industry Sector to hit US$ 31.7 Billion by 2031: Industrial Growth, Market Production, Industry Projects, Investment | Top Companies are teem photonics, Lumentum Holdings Inc., Luxtera, Inc., LIGENTEC SA, Acacia Communications, Inc. here
News-ID: 4286683 • Views: …
More Releases from DataM Intelligence 4 Market Research LLP
Grant Management Software Market Set to Reach USD 3.3 Billion by 2030, Fueled by …
The Global Grant Management Software Market, valued at US$ 1.5 billion in 2022, is projected to grow at a CAGR of 10.3% to reach US$ 3.3 billion by 2030. The market is experiencing robust growth driven by strategic industry consolidation, the acceleration of digital transformation across public and private sectors, and the mainstream integration of artificial intelligence to automate complex workflows and enhance decision-making.
Get a Free Sample PDF Of This…
Ceramic Adhesives Market Set for Steady Growth to USD 11.2 Billion by 2030, Fuel …
The Global Ceramic Adhesives Market reached US$ 7.5 billion in 2022 and is expected to reach US$ 11.2 billion by 2030, growing at a CAGR of 5.1% during the forecast period 2023-2030. This sustained growth is driven primarily by the rapid expansion of the construction industry worldwide, which demands durable and reliable bonding solutions for tile installation, flooring, and wall cladding. The shift towards high-performance adhesives with superior strength and…
Automotive Elastomers Market Poised for Steady Growth to USD 51.4 Billion by 203 …
The Global Automotive Elastomers Market reached US$ 32.5 billion in 2022 and is expected to reach US$ 51.4 billion by 2030, growing at a CAGR of 5.3% during the forecast period 2023-2030. This sustained growth is propelled by the global automotive industry's relentless pursuit of vehicle lightweighting to improve fuel efficiency and meet emissions regulations, the rising adoption of electric vehicles (EVs) requiring specialized components, and the superior performance of…
Plant-Based Ice Cream Market Scoops Up Growth to Reach USD 1.83 Billion by 2032, …
The Global Plant-Based Ice Cream Market reached US$ 1.05 billion in 2024 and is projected to reach US$ 1.83 billion by 2032, growing at a CAGR of 7.21% during the forecast period 2025-2032. This robust growth is propelled by a significant increase in the vegan population, heightened consumer health consciousness regarding lactose intolerance and cholesterol, and a powerful shift in dietary preferences toward sustainable, dairy-free alternatives, with North America leading…
More Releases for Photonic
Photonic Integrated Circuit Market: A Comprehensive Overview
Introduction
Photonic Integrated Circuits (PICs) are the backbone of modern optical communication systems, enabling faster, more efficient, and miniaturized devices for a range of applications, from telecommunications to data centers and healthcare. As the world becomes increasingly connected and data-driven, the demand for high-performance, energy-efficient optical solutions continues to rise. PICs, which integrate multiple photonic devices on a single chip, are revolutionizing industries by offering superior speed, reduced power consumption, and…
Photonic Integrated Circuit Market : An Overview
Introduction:
Photonic Integrated Circuits (PICs) are transforming the landscape of optical communication and processing by integrating multiple photonic functions into a single chip. Unlike traditional electronic circuits that rely on electrical signals, PICs use light (photons) for data transmission, offering unparalleled speed, efficiency, and bandwidth. These circuits are critical in applications such as data centers, telecommunications, healthcare, and defense. With the growing demand for faster and more energy-efficient systems, PICs are…
Photonic Integrated Circuit Market: A Comprehensive Overview
Photonic Integrated Circuits (PICs) represent a revolutionary advancement in the field of optics and electronics. By integrating multiple photonic devices onto a single chip, these circuits facilitate the manipulation of light for various applications, including telecommunications, data communications, sensing, and medical devices. The need for high-speed data transmission and processing has spurred significant interest in PIC technology, resulting in a rapidly expanding market.
Market Size
Data Bridge Market Research analyses that the…
Photonic AI Chip Market 2024 Research Report
Photonic AI Chip Market
A Photonic AI Chip, also known as a photonic processor or optical AI chip, is a specialized integrated circuit that leverages photonics (the science and technology of generating and manipulating photons) to perform AI computations. Instead of relying solely on traditional electronic components, photonic AI chips use light signals to carry out parallel processing and execute machine learning tasks.
The global Photonic AI Chip market was valued at…
Photonic ICs Market Emerging Trends and Company Profiles to Watch-APIC, Infinera …
The Photonic ICs are also known as integrated optoelectronics devices or planer light wave circuits. The rising need for the high transmission capacity of the optical fibers is the primary parameter responsible for the popularity of the photonic ICs in the industry applications. The data generated at the organizational operations is increasing day by day with the globalization of the businesses, with the deployment of photonic ICs in the systems…
Global Photonic Crystal Market 2018 Growth Rate by Players: Palo Alto Research C …
Market Research Store Exposed a new deep Industry research report focuses on Photonic Crystal Market, delivers detailed analysis of market and future prospects of Photonic Crystal market. The critical and significant data in the study makes the research a very important tool for experts, analysts and managers to get ready-to-access analysis by the industry professionals. The Photonic Crystal Market report provides the complete analysis of Photonic Crystal Market Size Data…
