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. The major difference between the two is that a photonic integrated circuit provides functions for information signals imposed on optical wavelengths typically in the visible spectrum or near infrared 850 nm-1650 nm.
The global market for Photonic Integrated Circuit (PIC) was estimated to be worth US$ 1239.3 million in 2023 and is forecast to a readjusted size of US$ 1674.3 million by 2030 with a CAGR of 4.3% during the forecast period 2024-2030
Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.
Global Market Research Publisher QYResearch announces the release of its lastest report “Photonic Integrated Circuit (PIC) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Photonic Integrated Circuit (PIC) market, including market size, share, demand, industry development status, and forecasts for the next few years. Provides advanced statistics and information on global market conditions and studies the strategic patterns adopted by renowned players across the globe.
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Some of the Key Questions Answered in this Report:
- What is the Photonic Integrated Circuit (PIC) market size at the regional and country-level
- What are the key drivers, restraints, opportunities, and challenges of the Photonic Integrated Circuit (PIC) market, and how they are expected to impact the market
- What is the global (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) sales value, production value, consumption value, import and export of Photonic Integrated Circuit (PIC)
- Who are the global key manufacturers of the Photonic Integrated Circuit (PIC) Industry, How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)
- What are the Photonic Integrated Circuit (PIC) market opportunities and threats faced by the vendors in the global Photonic Integrated Circuit (PIC) Industry
- Which application/end-user or product type may seek incremental growth prospects,What is the market share of each type and application
- What focused approach and constraints are holding the Photonic Integrated Circuit (PIC) market
- What are the different sales, marketing, and distribution channels in the global industry
- What are the upstream raw materials andof Photonic Integrated Circuit (PIC) along with the manufacturing process of Photonic Integrated Circuit (PIC)
- What are the key market trends impacting the growth of the Photonic Integrated Circuit (PIC) market
- Economic impact on the Photonic Integrated Circuit (PIC) industry and development trend of the Photonic Integrated Circuit (PIC) industry
- What are the Photonic Integrated Circuit (PIC) market opportunities, market risk, and market overview of the Photonic Integrated Circuit (PIC) market
Overall, this report strives to provide you with the insights and information you need to make informed business decisions and stay ahead of the competition.
All findings, data and information provided in the report have been verified and re-verified with the help of reliable sources. The analysts who wrote the report conducted in-depth research using unique and industry-best research and analysis methods.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Photonic Integrated Circuit (PIC) market is segmented as below:
By Company
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
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
This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
Each chapter of the report provides detailed information for readers to further understand the Photonic Integrated Circuit (PIC) market:
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter Two: Detailed analysis of Photonic Integrated Circuit (PIC) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Photonic Integrated Circuit (PIC) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Table of Contents
1 Photonic Integrated Circuit (PIC) Market Overview
1.2 Photonic Integrated Circuit (PIC) Market by Type
1.3 Global Photonic Integrated Circuit (PIC) Market Size by Type
1.4 Key Regions Market Size by Type
1.4.1 North America Photonic Integrated Circuit (PIC) Sales Breakdown by Type (2019-2024)
1.4.2 Europe Photonic Integrated Circuit (PIC) Sales Breakdown by Type (2019-2024)
1.4.3 Asia-Pacific Photonic Integrated Circuit (PIC) Sales Breakdown by Type (2019-2024)
1.4.4 Latin America Photonic Integrated Circuit (PIC) Sales Breakdown by Type (2019-2024)
1.4.5 Middle East and Africa Photonic Integrated Circuit (PIC) Sales Breakdown by Type (2019-2024)
2 Photonic Integrated Circuit (PIC) Market Competition by Company
2.1 Global Top Players by Photonic Integrated Circuit (PIC) Sales (2019-2024)
2.2 Global Top Players by Photonic Integrated Circuit (PIC) Revenue (2019-2024)
2.3 Global Top Players by Photonic Integrated Circuit (PIC) Price (2019-2024)
2.4 Global Top Manufacturers Photonic Integrated Circuit (PIC) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Photonic Integrated Circuit (PIC) Market Competitive Situation and Trends
2.5.1 Photonic Integrated Circuit (PIC) Market Concentration Rate (2019-2024)
2.5.2 Global 5 and 10 Largest Manufacturers by Photonic Integrated Circuit (PIC) Sales and Revenue in 2023
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Photonic Integrated Circuit (PIC) as of 2023)
2.7 Date of Key Manufacturers Enter into Photonic Integrated Circuit (PIC) Market
2.8 Key Manufacturers Photonic Integrated Circuit (PIC) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Photonic Integrated Circuit (PIC) Status and Outlook by Region
3.1 Global Photonic Integrated Circuit (PIC) Market Size and CAGR by Region: 2019 VS 2023 VS 2030
3.2 Global Photonic Integrated Circuit (PIC) Historic Market Size by Region
3.3 Global Photonic Integrated Circuit (PIC) Forecasted Market Size by Region
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