Global Photonic Integrated Circuits (PIC) Market

Global Photonic Integrated Circuits (PIC) Market Research Report Covers, Future Trends, Size, Share, Past, Present Data and Deep Analysis, And Forecast, 2020-2026

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Market Overview 

The Photonic Integrated Circuits (PIC) are a game-changing technology because they use photons (the smallest unit of light) instead of electrons (the smallest unit of electricity) as the data carrier. PIC technology is extensively utilised to send large amounts of data at a fast speed since light travels at such high speeds. As a result, PIC-based products are predominantly used in optical fibre communications. The market for photonic integrated circuits is exploding, because to dramatic advances in system size, power consumption, reliability, and cost.

The advancement of silicon photonics technology has aided in the low-cost mass production of Photonic Integrated Circuits on a huge scale. Current market leaders have also created monolithically integrated Indium Phosphide (InP)-based PICs with over 600 components/functions on a single chip. As a result, there is fierce competition in the industry as each competitor tries to develop PIC-based solutions that can integrate a large number of functions/components at a low cost.

Global-Photonic-Integrated-Circuits-PIC-Market

Key players operating in the global photonic integrated circuits (PIC) market are

  • Infinera Corporation
  • II-VI Incorporated
  • NeoPhotonics Corporation
  • Intel Corporation
  • Lumentum Operations LLC
  • Others
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Scope of the Report

This research report divides the global Photonic Integrated Circuits market into three categories: integration, raw materials, and applications. It also includes revenue forecasts from 2016 to 2022, as well as future Photonic Integrated Circuits applications. It explains how PIC technology is being used in different parts of the world. The research examines the Photonic Integrated Circuits market’s application mapping in terms of its growth potential and user acceptance.

On the basis of Integration

The global PIC market on the basis of integration consists of module, hybrid and monolithic PICs. The report covers the market of PICs based on these integration techniques across North America, Europe, Asia-Pacific, and ROW.

On the basis of Raw Materials

The PIC market has also been segregated based on raw materials used to fabricate PICs such as Lithium Niobate, Silica on Silicon, silicon on Insulator, Indium Phosphide and allium Arsenide.

On the basis of application areas

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Application areas of Photonic Integrated Circuit have been categorized into Optical Fiber communication, optical fiber sensors, Biomedical and quantum computing. The market trend for these applications is discussed

Geographical considerations

Geographical analysis covers North America, Europe, Asia-Pacific, and ROW.

This study also covers all of the PIC market’s driving drivers, restraints, and opportunities, which are useful in identifying industry trends and important success elements. It also includes a list of companies that work in the field of PIC technology. The research includes a competitive landscape of the participants, which includes all of the major firms’ important growth initiatives. It also emphasises the important imperatives and pressing difficulties in the PIC sector. It employs Porter’s five-force model to examine the PIC technology market.

Market Overview¬† The Photonic Integrated Circuits (PIC) are a game-changing technology because they use photons (the smallest unit of light) instead of electrons (the smallest unit of electricity) as the data carrier. PIC technology is extensively utilised to send large amounts of data at a fast speed since light travels at such high speeds. As…

Market Overview¬† The Photonic Integrated Circuits (PIC) are a game-changing technology because they use photons (the smallest unit of light) instead of electrons (the smallest unit of electricity) as the data carrier. PIC technology is extensively utilised to send large amounts of data at a fast speed since light travels at such high speeds. As…

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