Global Photonic Integrated Circuits (PIC) Market by Integration Types, Raw Materials, Components, Applications and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The global photonic integrated circuits (PIC) market is expected to expand at a substantial CAGR during the forecast period, 2020–2026. Photonic integrated circuits (PIC) is an integrated circuit that utilizes photons for the transfer of information signals in the visible or near infrared spectrum of light and though it is similar to electronic integrated circuits the PICs use of optical wavelengths gives it the added benefits of greater speed, enhanced functionalities and higher integration. Photonic integrated circuits (PIC) are made from materials such as Indium Phosphide (InP), Gallium Arsenide (GaAS) and Lithium Niobate (LiNbO3). Photonic integrated circuits (PIC) find their use in transmitters, receivers, tunable lasers, modulated lasers, and waveguides. PICs are being used extensively in sensing, optical communications, optical signal processing and biophotonics and may witness adoption in the novel and innovative industry applications in coming years. They have been in use in diverse industry verticals including telecommunication networks, internet connections, data transmission, and high-speed computing.

Request for sample@https://dataintelo.com/request-sample/?reportId=46142

Data centre and network service providers, telecommunication, high-speed internet and cloud services providers, as well as automation and instrumentation solutions providers are expected to be the prime beneficiaries of the PIC industry advancements and with their exceptional speed, efficiency, and functionality, they may positively affect the structural engineering, transport and aerospace, chemical sensors, and energy and utilities industry during the forecast period. The global photonic integrated circuits (PIC) market is segmented into integration types, raw materials, components, applications and regions.

Market Trends, Drivers, Restraints, and Opportunities:

Photonic integrated circuits (PIC) have been the rational replacement for electronics in numerous systems and devices that need optimum performance and miniaturization and this is considered to drive the global photonic integrated circuits (PIC) market during the forecast period.
Embedded computing capabilities, high level of integrated functionalities, low weight, power efficiency and hyper-scale performance are expected to boost the growth of the global photonic integrated circuits (PIC) market during the forecast period.
Lack of processing and fabrication standards and lack of digitalization in some emerging and underdeveloped countries across the globe are the restraints and this will hamper the growth of the global photonic integrated circuits (PIC) market during the forecast period.
Increasing data volumes has led rising demand for data centres and it is expected to create multiple business opportunities for major manufacturers and this, in turn will boost the global photonic integrated circuits (PIC) market during the forecast period.

Competitive Landscape:

The world leading players in the global photonic integrated circuits (PIC) market include NeoPhotonics Corporation, Viavi Solutions, Inc., and Broadcom Limited. Other key vendors include Ciena Corporation, Emcore Corporation, Finisar Corporation, Infinera Corp., Kaiam Corp, Luxtera Inc., and Oclaro, Inc. To gain a competitive advantage over other players and enhance the technological capability, the key players are getting into partnerships and strategic merger & acquisition. New product development is also an extensively adopted strategy by key industry players to gain a significant share. The key players in the PIC have also been focusing towards R&D activities for new product developments and expansion of the existing product line. In 2015, NeoPhotonics Corporation invested USD 44.5 million towards R&D to improve the existing product line and introduce new products. The company has also been focusing on merger & acquisition in the past few years in order to expand its product offering. In March 2016, Finisar introduced the 25G Ethernet optics that are being used for high-speed data centres. This helped the company to expand its product portfolio in the optical technology sector.

Ask for discount@https://dataintelo.com/ask-for-discount/?reportId=46142

The global photonic integrated circuits (PIC) market has been segmented on the basis of

Integration Types

Monolithic Integration
Module Integration
Hybrid Integration

Raw Materials

Indium Phosphide
Lithium Niobate
Gallium Arsenide
Silicon-on-Insulator
Others

Components

Lasers
Optical Amplifiers
Modulators
Multiplexers/De-Multiplexers
Attenuators
Detectors

Applications

Optical Communication
Biophotonics
Optical Signal Processing
Sensing

Regions

Asia Pacific
Europe
North America
Middle East & Africa
Latin America

Enquiry Before Buying@https://dataintelo.com/enquiry-before-buying/?reportId=46142

Why Choose Us:

We offer industry-leading critical reports with accurate insights into the future of the market.
Our reports have been evaluated by some industry experts in the market, thus making them beneficial for the company’s to maximize their return on investments.
We provide a comprehensive pictorial representation of the information, strategic recommendations, outcomes of the analytical tools to offer an elaborate landscape, highlighting the key market players. This detailed assessment of the market will help the company increase efficiency.
The demand and supply dynamics offered in the report give a 360 degree view of the market.
Our report helps readers decipher the current and future constraints in the Photonic Integrated Circuits (PIC) Market, and help them formulate optimum business strategies to maximize growth in the market.

Table of Contents

Executive Summary
Assumptions and Acronyms Used
Research Methodology
Photonic Integrated Circuits (PIC) Market Overview
Global Photonic Integrated Circuits (PIC) Market Analysis and Forecast by Type
Global Photonic Integrated Circuits (PIC) Market Analysis and Forecast by Application
Global Photonic Integrated Circuits (PIC) Market Analysis and Forecast by Sales Channel
Global Photonic Integrated Circuits (PIC) Market Analysis and Forecast by Region
North America Photonic Integrated Circuits (PIC) Market Analysis and Forecast
Latin America Photonic Integrated Circuits (PIC) Market Analysis and Forecast
Europe Photonic Integrated Circuits (PIC) Market Analysis and Forecast
Asia Pacific Photonic Integrated Circuits (PIC) Market Analysis and Forecast
Middle East & Africa Photonic Integrated Circuits (PIC) Market Analysis and Forecast
Competition Landscape

About DataIntelo:

DATAINTELO has set its benchmark in the market research industry by providing syndicated and customized research report to the clients. The database of the company is updated on a daily basis to prompt the clients with the latest trends and in-depth analysis of the industry. Our pool of database contains various industry verticals that include: IT & Telecom, Food Beverage, Automotive, Healthcare, Chemicals and Energy, Consumer foods, Food and beverages, and many more. Each and every report goes through the proper research methodology, validated from the professionals and analysts to ensure the eminent quality reports.

Contact Info:

Name: Alex Mathews

Address: 500 East E Street, Ontario,

CA 91764, US.

Phone No: US: +1 909 545 6473 | IND: +91–7000061386

Email: [email protected]

Website: https://dataintelo.com