Global Photonic Integrated Circuit Market Outlook, Opportunities, Trends and Forecast 2022

According to Stratistics MRC, the Global Photonic Integrated Circuit (IC) market is estimated at $ 366.47 million in 2015 and is expected to reach $2458.90 million by 2022 growing at a CAGR of 31.3% from 2015 to 2022. Increase in level of integration and decrease in size of the devices are the key factors fueling the market growth. Low level of digitalization is restraining the market. Demand for Photonic technology is major opportunity for the market.

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In raw material segment, indium phosphide (InP) holds the largest market share owing to demand for high speed data transmission. But Silica-on-Silicon segment is anticipated to grow at highest CAGR during forecast period. Optical communication in application commanded owing to increase data users, Whereas Optical signal processing is expected to hold the largest share during forecast period. In component, Lasers segment holds the largest market share and Multiplexers/De-Multiplexers is anticipated to be move at highest CAGR.

North America leads the global Photonic Integrated Circuit (IC) market in 2015. Asia-Pacific region is a prospective market and is anticipated to make a quick market growth due to rapid development taking place in biophotonics.

Some of the key players in the market include Te Connectivity, Hewlett-Packard, Onechip, Photonics, Finisar Corporation, Oclaro, Enablence Technologies, Neophotonics Corporation, Emcore Corporation, Luxtera, Cyoptics, Kotura, Ciena Corporation, Kaiam Corporation, Avago Technologies, Jds Uniphase Corporation, Alcatel-Lucent, Intel Corporation, Aifotec Ag, Infinera Corporation, Agilent Technologies.

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Raw Materials Covered:
Silicon-on-Insulator
Indium Phosphide (InP)
Lithium Niobate (LiNbO3)
Gallium Arsenide (GaAs)
Silicon (Si)
Other Raw Materials
Silicon Nitride (Si3Ni4)
Silica-On-Silicon
Silicon Dioxide (SiO2)

Applications Covered:
Optical Signal Processing
Quantum Optics
Optical Metrology
Quantum Computing
Optical Instrumentation
Optical Communications
Long-Haul and Transport Networks
Fttx and Access Networks
Optical Datacom
Microwave/RF Photonics
Biophotonics
Analytics and Diagnostics
Medical Instrumentation
Optical Biosensors
Photonic Lab-On-A-Chip
Sensing
Transport and Aerospace
Structural Engineering
Energy and Utilities
Chemical Sensors

Integration Types Covered:
Module Integration
Hybrid Integration (Packaging Integration)
Monolithic Integration

Components Covered:
Multiplexers/De-Multiplexers
Detectors
Lasers
Optical Amplifiers
Modulators
Attenuators

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
South Africa
Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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