Photonic Integrated Circuits Market
Photonic Integrated Circuits Market Forecasts to 2030 - Global Analysis By Integration Type (Monolithic Integration, Hybrid Integration and Module Integration), Material Type, Component, Application, End User and By Geography
According to Stratistics MRC, the Global Photonic Integrated Circuits Market is accounted for $15.1 billion in 2024 and is expected to reach $50.7 billion by 2030 growing at a CAGR of 22.4% during the forecast period. Photonic Integrated Circuits (PICs) are advanced semiconductor devices that integrate multiple photonic functions onto a single chip, akin to electronic integrated circuits but for light. PICs manipulate photons (light particles) for various applications in telecommunications, sensing, and computing. These circuits combine components such as lasers, modulators, detectors, and waveguides on a single substrate, enabling compact and efficient devices.
Market Dynamics:
Driver:
Increasing demand for high-speed data transmission
Telecommunications networks globally strive to meet escalating bandwidth requirements driven by streaming services, cloud computing, IoT connectivity, and 5G networks, PICs offer critical advantages. These integrated circuits enable faster data transmission rates over optical fibers compared to traditional electronic counterparts, supporting higher capacities and lower latency. They are pivotal in expanding the capabilities of optical communication systems, enabling providers to deliver faster, more reliable connectivity solutions to meet consumer and enterprise demands.
Restraint:
Complexity of integration
Radar systems often require integration of diverse components such as signal processors, antennas, data fusion algorithms, and power management systems. This complexity increases design complexity, development time, and manufacturing costs. Moreover, integrating new technologies into existing radar systems can lead to compatibility issues and require extensive testing and validation processes to ensure performance and reliability. These challenges can delay deployment schedules and increase overall project costs, making it harder for manufacturers to meet customer expectations and budget constraints.
Opportunity:
Growth of telecommunications and data centers
The expansion of telecommunications infrastructure, including fiber-optic networks and wireless communication technologies, drives demand for radar systems to protect these critical facilities from potential threats such as intrusion or sabotage. Short Range Air Surveillance Radars provide real-time monitoring capabilities that enhance security and situational awareness around these high-value assets. This expansion can lead to greater demands for border surveillance, airspace monitoring, and perimeter security, all of which are areas where Short Range Air Surveillance Radars are essential.
Threat:
Lack of standardization
Standardized protocols and specifications, there can be inconsistencies in radar performance, interoperability issues between different radar systems, and difficulties in integrating radar systems with other defense and security technologies. Further lack of standardization also affects procurement processes, as different standards or lack thereof can lead to confusion and delays in decision-making for buyers and government agencies. This can impact project timelines and increase costs associated with customization and integration efforts.
Covid-19 Impact:
Heightened security concerns and the need for resilient defense and surveillance systems spurred recovery. Investments in border security, critical infrastructure protection, and defense modernization accelerated as governments prioritized national security amidst evolving threats. As economies stabilized, the market rebounded with renewed focus on enhancing radar capabilities for enhanced situational awareness and operational efficiency in defense and security applications.
The hybrid integration segment is expected to be the largest during the forecast period
The hybrid integration is expected to be the largest during the forecast period because hybrid integration in the Short Range Air Surveillance Radar market combines the strengths of different technologies and subsystems, such as radar systems with complementary sensors or data processing capabilities. This approach enhances radar performance by leveraging the specific advantages of each component, such as radar for long-range detection combined with infrared or acoustic sensors for precise target identification and tracking.
The optical amplifiers segment is expected to have the highest CAGR during the forecast period
The optical amplifiers segment is expected to have the highest CAGR during the forecast period as these devices amplify optical signals without converting them into electrical signals, enabling longer transmission distances and higher signal integrity in fiber-optic communication links used in radar systems. In radar applications, optical amplifiers increase the sensitivity and range of detection, improving the radar's ability to detect smaller targets or signals over greater distances. This capability is crucial for enhancing situational awareness and operational effectiveness in surveillance, defense, and security applications boosting the market.
Region with largest share:
North America is projected to hold the largest market share during the forecast period as it encompasses the sector focused on radar systems designed for detecting and tracking airborne objects within relatively short distances. These radar systems are crucial for applications such as military defense, border security, airport operations, and critical infrastructure protection. Moreover key drivers of this market include ongoing advancements in radar technology, increasing investments in defense and security, and the need for enhanced situational awareness in urban and remote environments.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period owing to factors such as government defense budgets, regulatory requirements, technological innovation, and geopolitical developments. Companies in North America specializing in Short Range Air Surveillance Radars continuously innovate to offer solutions that meet evolving customer demands for improved performance, integration capabilities, and operational efficiency in defense and security applications.
Key players in the market
Some of the key players in Photonic Integrated Circuits market include Agilent Technologies, Inc., Aifotec AG, Alcatel-Lucent, Avago Technologies Finisar Corporation, Caliopa, Ciena Corporation, Cisco Systems Inc., Colorchip Ltd, Effect Photonics, Emcore Corporation, Enablence Technologies Inc., Hewlett Packard, II-VI Incorporated, Infinera Corporation, Intel Corporation, Lumentum Holdings, NeoPhotonics Corporation, POET Technologies and Source Photonics Inc.
Key Developments:
In July 2024, Cisco and HTX sign MOU to Pilot 5G and AI technologies to enhance Homeland Security. Both parties will collaborate in the research and development of 5G and AI technologies to digitally transform public safety, security and network operations in Singapore.
In June 2024, Agilent Announces Cutting-Edge Advances in GC/MS and LC/Q-TOF Technology at ASMS 2024. These instruments exemplify Agilent’s unwavering commitment to advancing scientific discovery through innovative instrumentation, significantly shaping the landscape of mass spectrometry.
In June 2024, Cisco launches country digital transformation program in vietnam to supercharge its economic growth. The program will see investments in key areas like 5G, smart manufacturing, financial services and digital government.
Integration Types Covered:
• Monolithic Integration
• Hybrid Integration
• Module Integration
Material Types Covered:
• Silicon-based
• Indium Phosphide (InP)-based
• Gallium Arsenide (GaAs)-based
• Silicon Nitride (SiN)-based
• Other Material Types
Components Covered:
• Lasers
• Modulators
• Detectors
• Waveguides
• Optical Amplifiers
• Filters & Splitters
• Optical Switches & Coupler
• Integrated Photonic Circuits
• Other Components
Applications Covered:
• Optical Communication Networks
• Data Centers
• Biomedical Sensing & Environmental Sensing
• Optical Interconnects
• Signal Routing & Switching
• Displays and Augmented Reality (AR)/Virtual Reality (VR)
• Quantum Photonics
• Other Applications
End Users Covered:
• Telecommunications
• Healthcare & Life Sciences
• Consumer Electronics
• Aerospace & Defense
• Industrial & Manufacturing
• Automotive & Transportation
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Photonic Integrated Circuits Market, By Integration Type
5.1 Introduction
5.2 Monolithic Integration
5.3 Hybrid Integration
5.4 Module Integration
6 Global Photonic Integrated Circuits Market, By Material Type
6.1 Introduction
6.2 Silicon-based
6.3 Indium Phosphide (InP)-based
6.4 Gallium Arsenide (GaAs)-based
6.5 Silicon Nitride (SiN)-based
6.6 Other Material Types
7 Global Photonic Integrated Circuits Market, By Component
7.1 Introduction
7.2 Lasers
7.3 Modulators
7.4 Detectors
7.5 Waveguides
7.6 Optical Amplifiers
7.7 Filters & Splitters
7.8 Optical Switches & Coupler
7.9 Integrated Photonic Circuits
7.10 Other Components
8 Global Photonic Integrated Circuits Market, By Application
8.1 Introduction
8.2 Optical Communication Networks
8.3 Data Centers
8.4 Biomedical Sensing & Environmental Sensing
8.5 Optical Interconnects
8.6 Signal Routing & Switching
8.7 Displays and Augmented Reality (AR)/Virtual Reality (VR)
8.8 Quantum Photonics
8.9 Other Applications
9 Global Photonic Integrated Circuits Market, By End User
9.1 Introduction
9.2 Telecommunications
9.3 Healthcare & Life Sciences
9.4 Consumer Electronics
9.5 Aerospace & Defense
9.6 Industrial & Manufacturing
9.7 Automotive & Transportation
9.8 Other End Users
10 Global Photonic Integrated Circuits Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Agilent Technologies, Inc.
12.2 Aifotec AG
12.3 Alcatel-Lucent
12.4 Avago Technologies Finisar Corporation
12.5 Caliopa
12.6 Ciena Corporation
12.7 Cisco Systems Inc.
12.8 Colorchip Ltd
12.9 Effect Photonics
12.10 Emcore Corporation
12.11 Enablence Technologies Inc.
12.12 Hewlett Packard
12.13 II-VI Incorporated
12.14 Infinera Corporation
12.15 Intel Corporation
12.16 Lumentum Holdings
12.17 NeoPhotonics Corporation
12.18 POET Technologies
12.19 Source Photonics Inc.
List of Tables
1 Global Photonic Integrated Circuits Market Outlook, By Region (2022-2030) ($MN)
2 Global Photonic Integrated Circuits Market Outlook, By Integration Type (2022-2030) ($MN)
3 Global Photonic Integrated Circuits Market Outlook, By Monolithic Integration (2022-2030) ($MN)
4 Global Photonic Integrated Circuits Market Outlook, By Hybrid Integration (2022-2030) ($MN)
5 Global Photonic Integrated Circuits Market Outlook, By Module Integration (2022-2030) ($MN)
6 Global Photonic Integrated Circuits Market Outlook, By Material Type (2022-2030) ($MN)
7 Global Photonic Integrated Circuits Market Outlook, By Silicon-based (2022-2030) ($MN)
8 Global Photonic Integrated Circuits Market Outlook, By Indium Phosphide (InP)-based (2022-2030) ($MN)
9 Global Photonic Integrated Circuits Market Outlook, By Gallium Arsenide (GaAs)-bas (2022-2030) ($MN)
10 Global Photonic Integrated Circuits Market Outlook, By Silicon Nitride (SiN)-based (2022-2030) ($MN)
11 Global Photonic Integrated Circuits Market Outlook, By Other Material Types (2022-2030) ($MN)
12 Global Photonic Integrated Circuits Market Outlook, By Component (2022-2030) ($MN)
13 Global Photonic Integrated Circuits Market Outlook, By Lasers (2022-2030) ($MN)
14 Global Photonic Integrated Circuits Market Outlook, By Modulators (2022-2030) ($MN)
15 Global Photonic Integrated Circuits Market Outlook, By Detectors (2022-2030) ($MN)
16 Global Photonic Integrated Circuits Market Outlook, By Waveguides (2022-2030) ($MN)
17 Global Photonic Integrated Circuits Market Outlook, By Optical Amplifiers (2022-2030) ($MN)
18 Global Photonic Integrated Circuits Market Outlook, By Filters & Splitters (2022-2030) ($MN)
19 Global Photonic Integrated Circuits Market Outlook, By Optical Switches & Coupler (2022-2030) ($MN)
20 Global Photonic Integrated Circuits Market Outlook, By Integrated Photonic Circuits (2022-2030) ($MN)
21 Global Photonic Integrated Circuits Market Outlook, By Other Components (2022-2030) ($MN)
22 Global Photonic Integrated Circuits Market Outlook, By Application (2022-2030) ($MN)
23 Global Photonic Integrated Circuits Market Outlook, By Optical Communication Networks (2022-2030) ($MN)
24 Global Photonic Integrated Circuits Market Outlook, By Data Centers (2022-2030) ($MN)
25 Global Photonic Integrated Circuits Market Outlook, By Biomedical Sensing & Environmental Sensing (2022-2030) ($MN)
26 Global Photonic Integrated Circuits Market Outlook, By Optical Interconnects (2022-2030) ($MN)
27 Global Photonic Integrated Circuits Market Outlook, By Signal Routing & Switching (2022-2030) ($MN)
28 Global Photonic Integrated Circuits Market Outlook, By Displays and Augmented Reality (AR)/Virtual Reality (VR) (2022-2030) ($MN)
29 Global Photonic Integrated Circuits Market Outlook, By Quantum Photonics (2022-2030) ($MN)
30 Global Photonic Integrated Circuits Market Outlook, By Other Applications (2022-2030) ($MN)
31 Global Photonic Integrated Circuits Market Outlook, By End User (2022-2030) ($MN)
32 Global Photonic Integrated Circuits Market Outlook, By Telecommunications (2022-2030) ($MN)
33 Global Photonic Integrated Circuits Market Outlook, By Healthcare & Life Sciences (2022-2030) ($MN)
34 Global Photonic Integrated Circuits Market Outlook, By Consumer Electronics (2022-2030) ($MN)
35 Global Photonic Integrated Circuits Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
36 Global Photonic Integrated Circuits Market Outlook, By Industrial & Manufacturing (2022-2030) ($MN)
37 Global Photonic Integrated Circuits Market Outlook, By Automotive & Transportation (2022-2030) ($MN)
38 Global Photonic Integrated Circuits Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
