United States/WA: The global photonic IC market was valued at US$ 996.1 Mn in 2019 and is forecast to reach a value of US$ 17,075.6 Mn by 2027 at a CAGR of 42.6% between 2020 and 2027.

Report Pages:[135 Pages] 

The Competitive Area of the Photonic IC Market is Defined by Key Players Like:- Agilent Technologies, Inc., Intel Corporation, Aifotec AG, Infinera Corporation, Alcatel-Lucent, Hewlett Packard, Avago Technologies, Finisar Corporation, Ciena Corporation, Enablence Technologies Inc., and Emcore Corporation.

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. The fabrication techniques are similar to those used in electronic integrated circuits in which photolithography is used to pattern wafers for etching and material deposition. Unlike electronics where the primary device is the transistor, there is no single dominant device. The range of devices required on a chip includes low loss interconnect waveguides, power splitters, optical amplifiers, optical modulators, filters, lasers and detectors. These devices require a variety of different materials and fabrication techniques making it difficult to realize all of them on a single chip.

One of the key application fields for PICs is data communications, followed by sensing (for agriculture and autonomous driving, for example), and biomedical applications such as lab-on-a-chip devices, as well as applications in the defense and aerospace industries and the field of astronomy. Improvements and additional applications for PICs continue to emerge as designers take on additional technological challenges for which integrated photonics may be useful and for which feasibility studies can determine whether it holds the promise of a solution. Services for such studies are provided by PIC consortia, design houses, and even some universities around the world.

Photonic Integrated Circuit (also known as PIC), is a complex integrated circuit which incorporates a lot of optical devices to form a single photonic circuit. The main difference between a PIC and an Electronic IC is that PIC is analogous to an Electronic Integrated Circuit.  Many optical devices like optical amplifiers, multiplexers, de-multiplexers, optical lasers, attenuators and also detectors are integrated on to a Photonic Integrated Circuit. For a large-scale operation of such a device thousands of optical devices will be integrated on to the device.

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Detailed Segmentation:

• Global Photonic IC Market, By Components:

• Lasers
• Modulators
• Detectors
• Attenuators
• MUX/DEMUX
• Optical Amplifiers

Global Photonic IC Market, By Integration Type:

• Monolithic Integration
• Hybrid Integration
• Module Integration

Global Photonic IC Market, By Raw Material:

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

Global Photonic IC Market, By Application:

• Optical communications
• Sensing
• Biophotonics
• Optical signal processing

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