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Photonic Integrated Circuit (PIC) - Global Strategic Business Report

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    Report

  • 463 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 3619379
The global market for Photonic Integrated Circuit (PIC) is estimated at US$1.5 Billion in 2023 and is projected to reach US$6.6 Billion by 2030, growing at a CAGR of 20.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Hybrid Integration segment, which is expected to reach US$3.1 Billion by 2030 with a CAGR of 18.9%. The Monolithic Integration segment is also set to grow at 24.1% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $570.3 Million in 2023, and China, forecasted to grow at an impressive 32.1% CAGR to reach $1.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Photonic Integrated Circuit (PIC) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Photonic Integrated Circuit (PIC) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Photonic Integrated Circuit (PIC) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Broadcom Inc., Ciena Corporation, EMCORE Corporation, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 98 Featured):

  • Broadcom Inc.
  • Ciena Corporation
  • EMCORE Corporation
  • ams AG
  • ANSYS, Inc.
  • EFFECT Photonics BV
  • Bright Photonics BV
  • AifoTec AG
  • ColorChip Ltd.
  • DenseLight Semiconductors Pte., Ltd.
  • Enablence Technologies, Inc.
  • AEPONYX
  • Applied NanoTools
  • DAS Photonics
  • Avo Photonics

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • An Introduction to Photonic Integrated Circuit (PIC)
  • Materials Used in Making PIC
  • Integration Models for PIC
  • Applications
  • Photonic Integrated Circuit (PIC): Current Market Scenario and Outlook
  • Substrate Materials and Fabrication Methods for PICs
  • Indium Phosphide: Largest & Fastest Growing Material Type
  • World Photonic Integrated Circuit (PIC) Market by Raw Material (2024 & 2030): Percentage Breakdown of Revenues for Indium Phosphide (InP), Silicon-on-Insulator (SOI), Gallium Arsenide (GaAs), Silicon (Si), and Other Raw Materials
  • Silicon Substrates Remain in Contention
  • Hybrid Integration: The Widely Used PIC Fabrication Method
  • World Photonic Integrated Circuit (PIC) Market by Technique (2024 & 2030): Percentage Breakdown of Revenues for Hybrid Integration, Monolithic Integration, and Module Integration
  • Monolithic Integration Emerges as Fastest Growing Fabrication Approach
  • Analysis by Application
  • World Photonic Integrated Circuit (PIC) Market by Application (2024 & 2030): Percentage Breakdown of Revenues for Optical Communications, Optical Signal Processing, and Other Applications
  • Competitive Scenario
  • Photonic Integrated Circuit (PIC) Competitor Market Share Scenario Worldwide (in %): 2020
  • Recent Market Activity
  • Select Global Brands
  • Photonic Integrated Circuit (PIC) - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Expanding Role of DCI in Data Centers Creates Potential Market Opportunities
  • Data Center Interconnect (DCI) Related Needs of Enterprises by Sector: A Snapshot
  • Major Data Center Trends Influencing DCI Implementations
  • Rapid Growth in Data Center Traffic
  • Global Data Center Traffic Scenario (2018, 2020 & 2023E): Percentage Breakdown of Data Center Traffic by Equipment Type
  • Global Cloud Data Center Market (2018 & 2023E): Percentage Breakdown of Data Center Traffic by Cloud Type
  • Big Data and Cloud Computing Proliferate Demand for Hyperscale Data Centers
  • PIC to Gain from Introduction of 5G
  • Breakdown of Network Latency (in Milliseconds) by Network Type
  • Programmable PICs Exude Tremendous Potential to Transform Photonics
  • Optical Communications: Largest Application Market for PIC
  • Key Trends Influencing the Uptake of PICs in Optical Communication Space
  • Soaring Deployments of 100G & Ultra-100G OTNs
  • Growing Uptake of FTTx Networks
  • Growing Bandwidth Needs Bring Fiber Optic Networks to the Fore, Steering PIC Demand
  • Optical Signal Processing Emerges as Fastest Growing Application Segment
  • Biophotonics: A Niche Market Segment for PIC
  • Expanding Application Base for Biophotonics Generates Parallel Opportunities for PIC
  • Increased Focus on Optical In-Vitro Diagnostics Augurs Well
  • Biosensors Build on SiN Photonic Integrated Circuits
  • Northbound Trajectory in Fiber Optic Sensors Vertical Gives Impetus to Market Expansion
  • Global Fiber Optic Sensors Market (2019 & 2024E): Breakdown of Sales in US$ Million by Geographic Region
  • Smart Cities Concept to Underpin Sales Growth in the Coming Years
  • World Smart City Investments (in US$ Billion) for the Years 2018 through 2025E
  • Smart Homes to Drive Demand for PICs
  • Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025E
  • Advanced Simulation Software for Designing PICs for Automotive Applications
  • Upcoming Quantum Computing Model to Infuse New Growth Opportunities
  • World Quantum Computing Market by End-Use (2021 & 2027E)
  • Economic Unviability of Electronic IC in OEO Conversion Puts Focus on Photonic IC
  • Photonic IC vs. Electronic IC: A Brief Comparative Analysis
  • Reduced Number of Optical Packages & Decreased Need for Fiber Coupling Enhance the Image of PIC
  • Technology Innovations: Key to High Growth and Consistent Demand
  • A Monolithic InP-on-Si-on-Insulator Developed by a HKUST Team of Engineers.
  • Optoscribe Begins Sampling its New PIC Coupling Solution, OptoCplrLT
  • A University of Rochester Team Creates Miniature Modulators for High Potential PICs
  • Purdue University Research Team Develops an Electrically Driven, Magnetic-Free Linear Optical Isolator for PIC Production
  • Horizon 2020 Project INSPIRE, Aims to Combine Beneficial Properties of Two Mature Photonic Integration Platforms
  • Next Generation Silicon Photonics & Polymer Based Photonic ICs Enhance Speed, Bandwidth and Scalability
  • Collaborative Initiatives Foster Development of Innovative Products
  • Challenges with PIC Production
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Hybrid Integration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World 7-Year Perspective for Hybrid Integration by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2024 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for Monolithic Integration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 4: World 7-Year Perspective for Monolithic Integration by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Module Integration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World 7-Year Perspective for Module Integration by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Indium Phosphide (InP) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World 7-Year Perspective for Indium Phosphide (InP) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2024 & 2030
  • Table 9: World Recent Past, Current & Future Analysis for Silicon-on-Insulator (SOI) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 10: World 7-Year Perspective for Silicon-on-Insulator (SOI) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Gallium Arsenide (GaAs) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World 7-Year Perspective for Gallium Arsenide (GaAs) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Silicon (Si) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World 7-Year Perspective for Silicon (Si) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2024 & 2030
  • Table 15: World Recent Past, Current & Future Analysis for Other Raw Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 16: World 7-Year Perspective for Other Raw Materials by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Optical Communications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 18: World 7-Year Perspective for Optical Communications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Optical Signal Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World 7-Year Perspective for Optical Signal Processing by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2024 & 2030
  • Table 21: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 22: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World for Years 2024 & 2030
  • Table 23: World Photonic Integrated Circuit (PIC) Market Analysis of Annual Sales in US$ Thousand for Years 2020 through 2030
  • Table 24: World Recent Past, Current & Future Analysis for Photonic Integrated Circuit (PIC) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 25: World 7-Year Perspective for Photonic Integrated Circuit (PIC) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Photonic Integrated Circuit (PIC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • The United States: Largest Market for PIC Solutions
  • Fiber Optic Deployments Register Steady Growth
  • Percentage Population (%) Covered by Fiber Networks in Select States
  • Novel Use Case of Biophotonics in Medical Devices Augurs Well
  • Mainstream Image of Fiber Optic Sensors to Underpin Market Expansion
  • Market Analytics
CANADA
  • Market Overview
  • Growing Use of Fiber Optic Sensors Revs Up PIC Demand
JAPAN
  • Photonic Integrated Circuit (PIC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Market Overview
CHINA
  • Photonic Integrated Circuit (PIC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Market Overview
  • Increased Adoption of Fiber Optic Sensors Infuses Market Momentum
  • Sensors Manufacturing Scenario in China
EUROPE
  • Photonic Integrated Circuit (PIC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Overview
  • Healthy Home Entertainment Sector Spurs Demand for Fiber Optic Networks
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Photonic Integrated Circuit (PIC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
INDIASOUTH KOREATAIWANREST OF ASIA-PACIFIC
LATIN AMERICA
  • Photonic Integrated Circuit (PIC) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
BRAZIL
  • Market Overview
MEXICO
  • Market Overview
REST OF LATIN AMERICAREST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Broadcom Inc.
  • Ciena Corporation
  • EMCORE Corporation
  • ams AG
  • ANSYS, Inc.
  • EFFECT Photonics BV
  • Bright Photonics BV
  • AifoTec AG
  • ColorChip Ltd.
  • DenseLight Semiconductors Pte., Ltd.
  • Enablence Technologies, Inc.
  • AEPONYX
  • Applied NanoTools
  • DAS Photonics
  • Avo Photonics

Table Information