Photonic Integrated Circuit (PIC) Market to Hit US$ 1315.5 Million by 2027, Growing at 13.2% CAGR – Research by The Market Reports

The global Photonic Integrated Circuit (PIC) market was valued at US$ 536.2 million in 2020 and it is expected to reach US$ 1315.5 million by the end of 2027, growing at a CAGR of 13.2% during 2021-2027.

A photonic integrated circuit (PIC) or integrated optical circuit is a device that integrates multiple (at least two) photonic functions and as such is similar to an electronic integrated circuit.

Photonic IC Market size is anticipated to grow owing to advantages of the components such as cost-effectiveness and enhanced functionalities.

Global Photonic Integrated Circuit (PIC) Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Photonic Integrated Circuit (PIC) Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are 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 and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at:

Segment by Type

  • Lithium Niobate
  • Silica on Silicon
  • Silicon on Insulator
  • Indium Phosphide
  • Allium Arsenide

Segment by Application

  • Optical Fiber Communication
  • Optical Fiber Sensors
  • Biomedical
  • Quantum Computing
  • Others

Table of Content:

1 Photonic Integrated Circuit (PIC) Market Overview

2 Photonic Integrated Circuit (PIC) Market Competition by Manufacturers

3 Photonic Integrated Circuit (PIC) Retrospective Market Scenario by Region

4 Global Photonic Integrated Circuit (PIC) Historic Market Analysis by Type

5 Global Photonic Integrated Circuit (PIC) Historic Market Analysis by Application

6 Key Companies Profiled

7 Photonic Integrated Circuit (PIC) Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 Photonic Integrated Circuit (PIC) Market Dynamics

10 Global Photonic Integrated Circuit (PIC) Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

13 Forecast by Type and by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source

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