REPORT HIGHLIGHT
The global photonic IC market valued for USD 996.1 million in 2019 and is expected to surpass USD XX million by 2027, growing with 42.6% CAGR during the forecast period, 2021-2027.
A photonic integrated circuit (IC), also called an integrated optical circuit is a device that integrates numerous photonic functions same as an electronic integrated circuit. The major difference between photonic ICs and electronic integrated circuits lies in the type of raw material used in their fabrication. Gallium Arsenide, Indium Phosphide, silicon on insulator, and silica-on silicon are the most common raw materials used for fabrication in photonic ICs.
The growing usage of photonic ICs in industrial, automotive, and other applications is the major factor expected to foster the growth of the global photonic IC market over the forecast period. This is mainly because the laser photonic IC is used at a large-scale in industrial &automotive sectors for marking, cutting, engraving, drilling, and welding purposes as they provide improved optical power and a wide operating range. Moreover, technological advancements in photonic IC is another factor estimated to drive the global market growth by 2027. For instance, in June 2020, KVH Industries announced the availability of a P-1775 inertial measurement unit (IMU) featuring the company's new 'PIC Inside' PIC (photonic integrated chip) technology. KVH has been developing & testing the technology for more than 3 years and is now incorporating it into their existing product lines.
On the contrary, the lack of skilled professionals to handle complex & packaging techniques and thermal effect issues associated with the photonic ICs are expected to be a barrier for the global market growth in the coming future.
Furthermore, the leading players of the market are employing several business tactics and adopting various growth strategies, which are predicted to flourish the global market growth in the projected timeframe. For instance, in January 2019, European partners announced the launch of the impulse' photonic integrated circuit (PIC) pilot line. The 16 European project partners of InPulseare creating manufacturing-grade process design kits that will be automated midway between the designing, production, and testing.
The North American region is predicted to subjugate the global photonic IC market during the forecast period, majorly due to the presence of data centers and advanced telecom &electronics sectors in the region. According to the Energy Efficiency & Renewable Energy, there are around 3 million data centers in the U.S., i.e. 1 data center for every 100 people. In addition, the increasing data traffic in cloud computing coupled with the rising need for high-speed data transmission and the rapidly growing IoT has created a potentially flourishing photonic IC industry in the region.
Key Features of the Study:
This proposed research study on Photonic IC market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2020-2027), considering 2019 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains an attractive investment proposition matrix for Photonic IC market
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Photonic IC market
Impact of COVID-19 on Photonic IC market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Photonic IC market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the Photonic IC market, we have also included competitive landscape and key innovator analysis for the Photonic IC market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and end-user's attractiveness.
The report offers detailed company profiling featuring major market participants, which will help users to understand their financial information and strategic initiatives of players operating in the Photonic IC market.
In addition, the report also unveils the important acquisitions & mergers, collaborations & joint ventures, new product launch, research & development, regional expansion of major participants involved in the Photonic IC market on global as well as regional level.
The global Photonic IC market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL PHOTONIC IC MARKET KEY PLAYERS
Hewlett Packard
Neophotonics Corporation
Huawei Technologies Co. Ltd.
Intel Corporation
Ciena Corporation
Infinera Corporation
Broadcom Ltd.
Finisar Corporation
Viavi Solutions, Inc.
Colorchip Ltd.
POET Technologies
II-VI Incorprated
Agilent Technologies
Luxtera, Inc.
JDS Uniphase Corporation
Avago Technologies
Alcatel-Lucent
TE Connectivity Ltd.
Huawei Technologies Co., Ltd.
GLOBAL PHOTONIC IC MARKET, BY COMPONENT TYPE
Laser
Modulator
Optical Amplifier
Detector
Multiplexer/Demultiplexer (MUX/DMUX)
Attenuator
GLOBAL PHOTONIC IC MARKET, BY INTEGRATION TYPE
Hybrid Photonic Integration
Modular Photonic Integration
Monolithic Photonic Integration
GLOBAL PHOTONIC IC MARKET, BY RAW MATERIAL
Lithium Niobate
Indium Phosphide
Gallium Arsenide
Quantum Dots
Silicon-on-silicon
Silicon on insulator
Others
GLOBAL PHOTONIC IC MARKET, BY APPLICATION
Quantum Computing
Biophotonics
Optical Communication sensing
Optical Signal Processing
Others
GLOBAL PHOTONIC IC MARKET, BY REGION
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Singapore
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Rest of MEA
TABLE OF CONTENT
1. Photonic IC Market Overview
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Market Snippet by Component Type
- 2.1.2. Market Snippet by Integration Type
- 2.1.3. Market Snippet by Raw Material
- 2.1.4. Market Snippet by Application
- 2.1.5. Market Snippet by Region
- 2.2. Competitive Insights
3. Photonic IC Key Market Trends
- 3.1. Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Future Trends
4. Photonic IC Industry Study
- 4.1. Porter's Five Forces Analysis
- 4.2. Marketing Strategy Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Photonic IC Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Photonic IC Market Landscape
- 6.1. Market Share Analysis, 2019
- 6.2. Key Innovators Analysis
- 6.3. Breakdown Data, by Key Manufacturer
- 6.3.1. Established Players' Analysis
- 6.3.2. Emerging Players' Analysis
7. Photonic IC Market - By Component Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Component Type, 2020 & 2027 (%)
- 7.2. Laser
- 7.3. Modulator
- 7.4. Optical Amplifier
- 7.5. Detector
- 7.6. Multiplexer/Demultiplexer (MUX/DMUX)
- 7.7. Attenuator
8. Photonic IC Market - By Integration Type
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Integration Type, 2020 & 2027 (%)
- 8.2. Hybrid Photonic Integration
- 8.3. Modular Photonic Integration
- 8.4. Monolithic Photonic Integration
9. Photonic IC Market - By Raw Material
- 9.1. Overview
- 9.1.1. Segment Share Analysis, By Raw Material, 2020 & 2027 (%)
- 9.2. Lithium Niobate
- 9.3. Indium Phosphide
- 9.4. Gallium Arsenide
- 9.5. Quantum Dots
- 9.6. Silicon-on-silicon
- 9.7. Silicon on insulator
- 9.8. Others
10. Photonic IC Market - By Application
- 10.1. Overview
- 10.1.1. Segment Share Analysis, By Raw Material, 2020 & 2027 (%)
- 10.2. Quantum Computing
- 10.3. Biophotonics
- 10.4. Optical Communication sensing
- 10.5. Optical Signal Processing
- 10.6. Others
11. Photonic IC Market- By Geography
- 11.1. Introduction
- 11.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
- 11.2. North America
- 11.2.1. Overview
- 11.2.2. Key Manufacturers in North America
- 11.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 11.2.4. North America Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.2.5. North America Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.2.6. North America Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.2.7. North America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.2.8. U.S.
- 11.2.8.1. Overview
- 11.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.2.8.3. U.S. Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.2.8.4. U.S. Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.2.8.5. U.S. Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.2.8.6. U.S. Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.2.9. Canada
- 11.2.9.1. Overview
- 11.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.2.9.3. Canada Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.2.9.4. Canada Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.2.9.5. Canada Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.2.9.6. Canada Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.3. Europe
- 11.3.1. Overview
- 11.3.2. Key Manufacturers in Europe
- 11.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 11.3.4. Europe Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.3.5. Europe Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.3.6. Europe Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.3.7. Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.3.8. Germany
- 11.3.8.1. Overview
- 11.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.3.8.3. Germany Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.3.8.4. Germany Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.3.8.5. Germany Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.3.8.6. Germany Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.3.9. Italy
- 11.3.9.1. Overview
- 11.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.3.9.3. Italy Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.3.9.4. Italy Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.3.9.5. Italy Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.3.9.6. Italy Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.3.10. United Kingdom
- 11.3.10.1. Overview
- 11.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.3.10.3. United Kingdom Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.3.10.4. United Kingdom Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.3.10.5. United Kingdom Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.3.10.6. United Kingdom Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.3.11. France
- 11.3.11.1. Overview
- 11.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.3.11.3. France Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.3.11.4. France Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.3.11.5. France Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.3.11.6. France Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.3.12. Rest of Europe
- 11.3.12.1. Overview
- 11.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.3.12.3. Rest of the Europe Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.3.12.4. Rest of the Europe Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.3.12.5. Rest of the Europe Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.3.12.6. Rest of the Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.4. Asia Pacific (APAC)
- 11.4.1. Overview
- 11.4.2. Key Manufacturers in Asia Pacific
- 11.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 11.4.4. Asia Pacific Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.4.5. Asia Pacific Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.4.6. Asia Pacific Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.4.7. Asia Pacific Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.4.8. India
- 11.4.8.1. Overview
- 11.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.4.8.3. India Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.4.8.4. India Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.4.8.5. India Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.4.8.6. India Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.4.9. China
- 11.4.9.1. Overview
- 11.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.4.9.3. China Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.4.9.4. China Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.4.9.5. China Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.4.9.6. China Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.4.10. Japan
- 11.4.10.1. Overview
- 11.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.4.10.3. Japan Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.4.10.4. Japan Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.4.10.5. Japan Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.4.10.6. Japan Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.4.11. South Korea
- 11.4.11.1. Overview
- 11.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.4.11.3. South Korea Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.4.11.4. South Korea Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.4.11.5. South Korea Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.4.11.6. South Korea Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.4.12. Rest of APAC
- 11.4.12.1. Overview
- 11.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.4.12.3. Rest of APAC Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.4.12.4. Rest of APAC Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.4.12.5. Rest of APAC Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.4.12.6. Rest of APAC Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.5. Latin America
- 11.5.1. Overview
- 11.5.2. Key Manufacturers in Latin America
- 11.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 11.5.4. Latin America Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.5.5. Latin America Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.5.6. Latin America Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.5.7. Latin America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.5.8. Brazil
- 11.5.8.1. Overview
- 11.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.5.8.3. Brazil Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.5.8.4. Brazil Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.5.8.5. Brazil Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.5.8.6. Brazil Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.5.9. Mexico
- 11.5.9.1. Overview
- 11.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.5.9.3. Mexico Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.5.9.4. Mexico Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.5.9.5. Mexico Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.5.9.6. Mexico Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.5.10. Argentina
- 11.5.10.1. Overview
- 11.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.5.10.3. Argentina Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.5.10.4. Argentina Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.5.10.5. Argentina Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.5.10.6. Argentina Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.5.11. Rest of LATAM
- 11.5.11.1. Overview
- 11.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.5.11.3. Rest of LATAM Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.5.11.4. Rest of LATAM Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.5.11.5. Rest of LATAM Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.5.11.6. Rest of LATAM Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.6. Middle East and Africa
- 11.6.1. Overview
- 11.6.2. Key Manufacturers in Middle East and Africa
- 11.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 11.6.4. Middle East and Africa Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.6.5. Middle East and Africa Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.6.6. Middle East and Africa Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.6.7. Middle East and Africa Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.6.8. Saudi Arabia
- 11.6.8.1. Overview
- 11.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.6.8.3. Saudi Arabia Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.6.8.4. Saudi Arabia Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.6.8.5. Saudi Arabia Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.6.8.6. Saudi Arabia Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 11.6.9. United Arab Emirates
- 11.6.9.1. Overview
- 11.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 11.6.9.3. United Arab Emirates Market Size and Forecast, By Component Type, 2016 - 2027 (US$ Million)
- 11.6.9.4. United Arab Emirates Market Size and Forecast, By Integration Type, 2016 - 2027 (US$ Million)
- 11.6.9.5. United Arab Emirates Market Size and Forecast, By Raw Material, 2016 - 2027 (US$ Million)
- 11.6.9.6. United Arab Emirates Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
12. Key Vendor Analysis
- 12.1. Competitive Dashboard
- 12.2. Company Profiles (Companies are profiled based on attributes such as Company Overview, Financial Performance, Business Overview, Component Type Benchmarking and Strategic Developments)
- 12.2.1. Hewlett Packard
- 12.2.2. Neophotonics Corporation
- 12.2.3. Huawei Technologies Co. Ltd.
- 12.2.4. Intel Corporation
- 12.2.5. Ciena Corporation
- 12.2.6. Infinera Corporation
- 12.2.7. Broadcom Ltd.
- 12.2.8. Finisar Corporation
- 12.2.9. Viavi Solutions, Inc.
- 12.2.10. Colorchip Ltd.
- 12.2.11. POET Technologies
- 12.2.12. II-VI Incorprated
- 12.2.13. Agilent Technologies
- 12.2.14. Luxtera, Inc.
- 12.2.15. JDS Uniphase Corporation
- 12.2.16. Avago Technologies
- 12.2.17. Alcatel-Lucent
- 12.2.18. TE Connectivity Ltd.
- 12.2.19. Huawei Technologies Co., Ltd.
13. 360 Degree Analyst View
14. Appendix
- 14.1. Research Methodology
- 14.2. References
- 14.3. Abbreviations
- 14.4. Disclaimer
- 14.5. Contact Us