Photonics Integrated Circuit (IC) Market, Global Outlook and Forecast 2023-2029

A photonic integrated circuit (PIC) or integrated optical circuit is a device that integrates multiple (at least two) photonic functions and as such is similar to an electronic integrated circuit. The major difference between the two is that a photonic integrated circuit provides functions for information signals imposed on optical wavelengths typically in the visible spectrum or near infrared 850 nm-1650 nm.
This report aims to provide a comprehensive presentation of the global market for Photonics Integrated Circuit (IC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Photonics Integrated Circuit (IC). This report contains market size and forecasts of Photonics Integrated Circuit (IC) in global, including the following market information:
Global Photonics Integrated Circuit (IC) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Photonics Integrated Circuit (IC) Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Photonics Integrated Circuit (IC) companies in 2022 (%)
The global Photonics Integrated Circuit (IC) market was valued at US$ 1275.2 million in 2022 and is projected to reach US$ 1691.1 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The key brand include Infinera, Alcatel-Lucent, Avago, NeoPhotonics, HUAWEI, Cisco, Ciena, Intel, Oclaro, JDS Uniphase, Finisar, Luxtera, Mellanox and OneChip, etc, with about 93% market shares.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Photonics Integrated Circuit (IC) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Photonics Integrated Circuit (IC) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Photonics Integrated Circuit (IC) Market Segment Percentages, by Type, 2022 (%)
    Monolithic Integration
    Hybrid Integration
    Module Integration
Global Photonics Integrated Circuit (IC) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Photonics Integrated Circuit (IC) Market Segment Percentages, by Application, 2022 (%)
    Optical Communications
    Sensing
    Biophotonics
    Optical Signal Processing
Global Photonics Integrated Circuit (IC) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Photonics Integrated Circuit (IC) Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Photonics Integrated Circuit (IC) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Photonics Integrated Circuit (IC) revenues share in global market, 2022 (%)
Key companies Photonics Integrated Circuit (IC) sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Photonics Integrated Circuit (IC) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Hewlett-Packard Company
    Ciena Corporation
    Hamamatsu Photonics K.K.
    IBM
    NeoPhotonics Corporation
    Viavi Solutions
    3S Photonics S.A.S
    Innolume GmbH
    Infinera
    Broadcom
Outline of Major Chapters:
Chapter 1: Introduces the definition of Photonics Integrated Circuit (IC), market overview.
Chapter 2: Global Photonics Integrated Circuit (IC) market size in revenue and volume.
Chapter 3: Detailed analysis of Photonics Integrated Circuit (IC) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Photonics Integrated Circuit (IC) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Photonics Integrated Circuit (IC) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.