Introduction and Market Overview
Photonic Integrated Circuits (PICs), enabling high-speed data transfer using light, are critical in telecommunications, data centers, and biomedical applications. With global 5G investments reaching USD 400 billion in 2023, PICs support high-bandwidth needs. The rise of cloud computing and precision medicine further drives demand. The global PIC market is estimated at USD 10.0-15.0 billion in 2025, with a CAGR of 7%-12% through 2030, fueled by connectivity demands and technological advancements.Regional Market Trends
- North America: The U.S. and Canada lead with data center and biomedical applications.
- Europe: Germany and Netherlands focus on telecommunications and photonics innovation.
- Asia Pacific: China, Japan, and South Korea see growth in 5G and data centers.
- Rest of the World: Brazil and India expand with rising connectivity needs.
Application Analysis
- Telecommunications: Expected growth of 8%-13%, driven by 5G and fiber optics. Trends focus on high-speed connectivity.
- Biomedical: Projected growth of 7%-12%, valued for diagnostics. Trends emphasize precision medicine.
- Data Centers: Anticipated growth of 8%-14%, used for high-bandwidth processing. Trends highlight energy efficiency.
- Others: Growth of 6%-10%, including sensing, with a focus on innovation.
Type Analysis
- III-V Material: Expected growth of 8%-13%, preferred for high-performance PICs. Trends focus on scalability.
- Lithium Niobate: Projected growth of 7%-11%, valued for optical modulation. Trends emphasize precision.
- Silica-on-silicon: Anticipated growth of 6%-10%, used for cost-effective solutions. Trends highlight integration.
- Others: Growth of 5%-9%, including hybrid materials, with a focus on emerging technologies.
Key Market Players
- Lumentum Operations: Markets PICs for telecommunications.
Porter’s Five Forces Analysis
Threat of New Entrants: Low, due to high R&D and fabrication barriers.Threat of Substitutes: Moderate, with electronic circuits as alternatives.
Bargaining Power of Buyers: Moderate, due to specialized applications.
Bargaining Power of Suppliers: High, due to limited high-purity material sources.
- Competitive Rivalry: High, driven by innovation in speed and efficiency.
Market Opportunities and Challenges
Opportunities:
Leveraging USD 400 billion 5G market for PICs in telecommunications.Targeting data center and biomedical growth.
Innovating with scalable and energy-efficient PICs.
Expanding into emerging markets like China and India.
Challenges:
High costs of R&D and fabrication for PICs.Competing with traditional electronic circuits Dotting circuits.
Addressing scalability issues in photonics.
Navigating strict telecommunications regulations.
Managing supply chain disruptions for materials.
This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Trading Analysis
Chapter 9 Historical and Forecast Photonic Integrated Circuit Market in North America (2020-2030)
Chapter 10 Historical and Forecast Photonic Integrated Circuit Market in South America (2020-2030)
Chapter 11 Historical and Forecast Photonic Integrated Circuit Market in Asia & Pacific (2020-2030)
Chapter 12 Historical and Forecast Photonic Integrated Circuit Market in Europe (2020-2030)
Chapter 13 Historical and Forecast Photonic Integrated Circuit Market in MEA (2020-2030)
Chapter 14 Summary For Global Photonic Integrated Circuit Market (2020-2025)
Chapter 15 Global Photonic Integrated Circuit Market Forecast (2025-2030)
Chapter 16 Analysis of Global Key Vendors
Tables and Figures
Companies Mentioned
- Lumentum Operations
- POET Technologies
- Coherent
- Infinera Corporation
- Intel Corporation
- Cisco Systems
- Source Photonics
- Huawei Technologies
- EFFECT PHOTONICS
- ANSYS