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The Photonic Integrated Circuit Market size was valued at USD 10.08 billion in 2023 and is expected to reach USD 45.05 billion by 2032 and grow at a CAGR of 18.14% over the forecast period 2024-2032.
Photonic Integrated Circuit has been significantly growing due to the need for higher speeds of data transmission. PIC helps increase the speed of devices or machines. Also, the process of miniaturization is progressively evolving in all sectors, boosting the growth of the photonic integrated circuit market. Miniaturized devices are more functional; their size decreased proportionally to the pace of their functionality growth. Thus, it is possible to do even more things with our tiny but powerful gadgets. A switch from big expensive satellites toward small cheap ones is central to 21st-century business, and a typical item in the list of industries is the satellite business. Specifically, in the last seven years, 663 commercial small-sats have been designed, over 80% of them to be used in remote sensing. More recently, ISRO’s PSLV-C44 placed Microsat-R and Kalam-sat V2 satellites successfully in orbit. The latter pint-sized satellite, built by schoolchildren for just 1.2 million rupees, is the world’s smallest, weighing only 1.2 kg and measuring 4 cm in each direction. These devices are gradually transforming into processing centers performing various functions.
Emerging technologies, such as artificial intelligence and autonomous vehicles, are increasingly dependent on real-time data processing. Moreover, the expanding implementation of cloud computing and the Internet of Things is fostering the growth of the photonic integrated circuit market, as cloud computing and IoT bring a sufficient capacity to be suitable mechanisms for the functionality of modern-day apparatus that are reliant on PICs. For Example, Infinera Corporation has introduced innovative PIC-based products to improve the efficiency of optical communication networks. Recent mergers and acquisitions, such as the acquisition of Luxtera by Cisco Systems, highlight the strategic importance of PIC technology in the industry.
Drivers
Rising Adoption in Military and Defense Applications
Photonic technologies are gaining demand in the military and defense sectors, addressing the needs of communication, sensing, and imaging systems, among others. The unique properties of photonic integrated circuits make them highly applicable in the military and defense. First, they offer high bandwidth and speedy data delivery due to low dissipative resources. In modern military operations, PICs make sure that huge volumes of insensible information are transported from the source to the destination and vice versa. Second, PICs have low power consumption as they can be easily integrated into the flow of energy, which is connected to the other systems. PICs are also durable as they are less subjected to radiation levels in the environment and are protected from electromagnetic interference.
Growing Applications in Healthcare and Biotechnology
The healthcare and biotechnology sectors have dramatically increased the use of photonic technologies in recent years. PICs are highly sensitive to light, enabling their high precision in various applications. Moreover, PICs are suitable for research in these sectors because of their miniaturization characteristics. PIC applications in these areas are diverse. For example, PICs are used in medical diagnostics devices, where photonic technologies are integrated into optical coherence tomography (OCT) systems for high-resolution imaging of human tissues, allowing researchers to gain comprehensive information that could be useful in the detection of cancer and early monitoring of the cardiovascular condition. In addition, PICs have applications in lab-on-chip devices, enabling the fast processing of samples and accurate and efficient diagnostics. PIC applications in biotechnology include the development of picocells, and nano-sized holes used to detect and manipulate minute samples of DNA and protein for research in genomics and proteomics.
Restraints
Technical Challenges in Integration and Standardization
Integrating photonic components with electronic circuits is nontrivial due to severe technical limitations. For example, despite appropriate designs and manufacturing processes, such devices can still demonstrate poor performance and low reliability. Notably, material properties and thermal issues can distort PIC effectiveness, as well as signal loss on interfaces between photonic and electronic parts. Alternatively, the absence of standards in this technology’s design and fabrication can limit the PIC market expansion. These issues require solutions that already form the basis for the development of new standards. In conclusion, such standards play a crucial role in responsive technologies’ further development.
Competition from Traditional Electronic Technologies
Due to the strong market position and competition advanced by traditional electronic technologies, such as electronic integrated circuits and semiconductor devices, there is a high probability of slow PIC adoption. There is a wide range of applications for electronic technologies, for which established infrastructure, low costs, and high reliability are important advantages. The transition from electronic to photonic technologies requires changes in design, manufacturing, and infrastructure. However, the use of silicon as a basis for both types of circuits provides some prospects for increasing PIC spread. Other ways of photonics’ promotion into markets, where PIC benefits are not immediately obvious, will require a significant amount of time or remain unapplicable.
By Substrate Material
Silicon had the biggest market share of 56.45% in 2023 and was the dominant market. A silicon photonic integrated circuit merges the goodness of silicon-based electronics with photonics, which helps transmit and process data at high speeds. Silicon PICs are used in telecommunications, data centers, optical interconnects, etc. to process a large amount of data much faster and more reliably.
Gallium arsenides have a fast CAGR of 18.61% during the forecast period 2024-2032. GaAs PICs have a quicker response time than silicon, the material most frequently used in electronics. High-speed data transmission can be accomplished with PICs made of GaAs.
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By Integration Type
The Hybrid Integrated PIC was the leader of the market in 2023 with a share of 53.55%. Hybrid Integrated PIC is the technology that combines the electronic and photonic components on a chip. The built-in optics are better for interconnecting circuits such as lasers, detectors, modulators, and waveguides. These enable seamless communication among them and to the necessary components, contributing to an efficient and high speed.
Monolithic Integration PICs are growing at a faster rate with a CAGR of 18.46% during 2024-2032. A monolithic photonic integrated circuit is used to generate, detect, manipulate, or otherwise process light, and the easiest way to think about them is that they are to optics the same thing that an electric microchip is to electronics.
By Integration Level
In 2022, Medium-Scale photonic integrated circuits held the majority share of 42.36%. The dominance of the segment is because the technology allows multiple optical functions, including the integration of lasers, waveguides, modulators, and detectors with the electronic circuits required for the control and processing of data. Medium-scale PIC photonic integrated circuit technology is highly efficient, with the capacity for compact photonic systems, resulting in advanced applications like high-speed optical communication, optical sensing, and quantum computing.
The Large-scale PICs have a CAGR of over 18.50% during 2024-2032. The growth of the segment is due to the utilization of a very large number of minute optical components all integrated on a singularly constituted chip – much in a similar fashion to how electronic integrated circuits work.
North America dominates the market with a share of 38.91% in 2023. The increased demand for data centers and vast area network applications of fiber optic communication, and high-speed data communication is raising the growth of the market. The U.S. military has targeted to build photonic integrated circuits for high-performance position, navigation, and timing, as it replaces GPS with no GPS signals.
Asia-Pacific is to expand at a CAGR of 19.00% during the projection period 2024-2032. The area has been a rapidly expanding electronics and telecom sector, and the swift relocation of many semiconductor manufacturing bases to Southeast Asian countries, such as China, Korea, and Japan, has made the region significant. China’s PIC technology has advanced fast over the past decade.
Photonic Integrated Circuit manufacturers include Infinera Corp, Agilent Technology, Intel Corp, Acacia Communications Inc., TE Connectivity, Neophotonics Corp, Cyoptics Designs, Emcore Corp., Colorchip Ltd, NeoPhotonics Corp, POET Technologies, II-VI Incorporated, and others.
In April 2024, IDTechEx Research, a trusted provider of independent market intelligence, announces the availability of a IDTechEx is forecasting a 2.4x growth of the PIC market by 2034, primarily derived through growth in the transceivers for AI and 5G markets.
In October 2023, India’s secretary of electronics and information technology inaugurated the Centre for Programmable Photonic Integrated Circuits and Systems (CPPICS). Within the next five years, CPPICS is set to achieve self-sufficiency, drive product commercialization through startups, and provide essential training to bolster the future ecosystem of PIC manufacturing in India. CPPICS is establishing partnerships, including a collaboration with Si2 Microsystems in Bangalore, to deliver state-of-the-art System-in-a-Package solutions for silicon photonic processor cores.
In December 2022, Delivering new levels of performance and scalability to accelerate the design of photonic integrated circuits (PICs) for datacom applications, OpenLight today announced the availability of its first 800G DR8 PIC design targeted at datacenter interconnects. OpenLight has fabricated and tested these wafers using the world's first open silicon photonics foundry platform with integrated lasers offered by Tower Semiconductor.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 10.08 billion |
| Market Size by 2032 | US$ 45.05 Billion |
| CAGR | CAGR of 18.14% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Substrate Material (silicon, indium phosphide, gallium arsenide, lithium integration) • By Integration Type (hybrid, monolithic) • By Integration Level (small, medium, large) • By Application |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Infinera Corp, Agilent Technology, Intel Corp, Acacia Communications Inc., TE Connectivity, Neophotonics Corp, Cyoptics Designs, Emcore Corp., Colorchip Ltd, NeoPhotonics Corp, POET Technologies, II-VI Incorporated |
| Key Drivers | • Rising Adoption in Military and Defense Applications • Growing Applications in Healthcare and Biotechnology |
| RESTRAINTS | • Technical Challenges in Integration and Standardization • Competition from Traditional Electronic Technologies |
Ans: The Photonic Integrated Circuit Market is expected to grow at a CAGR of 18.14%.
Ans: Photonic Integrated Circuit Market size was USD 10.08 billion in 2023 and is expected to Reach USD 45.05 billion by 2032.
Ans: The rising adoption of military and defense applications is driving the Photonic Integrated Circuit Market.
Ans: The silicone segment By Substrate Material is dominating the Photonic Integrated Circuit Market.
Ans: North America is the dominating region in the Photonic Integrated Circuit Market.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Porter’s 5 Forces Model
6. Pest Analysis
7. Photonic Integrated Circuit Market Segmentation, By Substrate Material
7.1 Introduction
7.2 Silicon
7.3 Indium Phosphide
7.4 Gallium Arsenide
7.5 Lithium Niobate
8. Photonic Integrated Circuit Market Segmentation, By Integration Type
8.1 Introduction
8.2 Hybrid Integrated PIC
8.3 Monolithic Integration PIC
9. Photonic Integrated Circuit Market Segmentation, By Application
9.1 Introduction
9.2 Optical Fiber Communication
9.3 Optical Fiber Sensor
9.4 Biomedical
9.5 Quantum Computing
9.6 Others
10. Photonic Integrated Circuit Market Segmentation, By Integration Level
10.1 Introduction
10.2 Small-Scale PIC
10.3 Medium-Scale PIC
10.4 Large-Scale PIC
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 Trend Analysis
11.2.2 North America Photonic Integrated Circuit Market by Country
11.2.3 North America Photonic Integrated Circuit Market By Substrate Material
11.2.4 North America Photonic Integrated Circuit Market By Integration Type
11.2.5 North America Photonic Integrated Circuit Market By Application
11.2.6 North America Photonic Integrated Circuit Market By Integration Level
11.2.7 USA
11.2.7.1 USA Photonic Integrated Circuit Market By Substrate Material
11.2.7.2 USA Photonic Integrated Circuit Market By Integration Type
11.2.7.3 USA Photonic Integrated Circuit Market By Application
11.2.7.4 USA Photonic Integrated Circuit Market By Integration Level
11.2.8 Canada
11.2.8.1 Canada Photonic Integrated Circuit Market By Substrate Material
11.2.8.2 Canada Photonic Integrated Circuit Market By Integration Type
11.2.8.3 Canada Photonic Integrated Circuit Market By Application
11.2.8.4 Canada Photonic Integrated Circuit Market By Integration Level
11.2.9 Mexico
11.2.9.1 Mexico Photonic Integrated Circuit Market By Substrate Material
11.2.9.2 Mexico Photonic Integrated Circuit Market By Integration Type
11.2.9.3 Mexico Photonic Integrated Circuit Market By Application
11.2.9.4 Mexico Photonic Integrated Circuit Market By Integration Level
11.3 Europe
11.3.1 Trend Analysis
11.3.2 Eastern Europe
11.3.2.1 Eastern Europe Photonic Integrated Circuit Market by Country
11.3.2.2 Eastern Europe Photonic Integrated Circuit Market By Substrate Material
11.3.2.3 Eastern Europe Photonic Integrated Circuit Market By Integration Type
11.3.2.4 Eastern Europe Photonic Integrated Circuit Market By Application
11.3.2.5 Eastern Europe Photonic Integrated Circuit Market By Integration Level
11.3.2.6 Poland
11.3.2.6.1 Poland Photonic Integrated Circuit Market By Substrate Material
11.3.2.6.2 Poland Photonic Integrated Circuit Market By Integration Type
11.3.2.6.3 Poland Photonic Integrated Circuit Market By Application
11.3.2.6.4 Poland Photonic Integrated Circuit Market By Integration Level
11.3.2.7 Romania
11.3.2.7.1 Romania Photonic Integrated Circuit Market By Substrate Material
11.3.2.7.2 Romania Photonic Integrated Circuit Market By Integration Type
11.3.2.7.3 Romania Photonic Integrated Circuit Market By Application
11.3.2.7.4 Romania Photonic Integrated Circuit Market By Integration Level
11.3.2.8 Hungary
11.3.2.8.1 Hungary Photonic Integrated Circuit Market By Substrate Material
11.3.2.8.2 Hungary Photonic Integrated Circuit Market By Integration Type
11.3.2.8.3 Hungary Photonic Integrated Circuit Market By Application
11.3.2.8.4 Hungary Photonic Integrated Circuit Market By Integration Level
11.3.2.9 Turkey
11.3.2.9.1 Turkey Photonic Integrated Circuit Market By Substrate Material
11.3.2.9.2 Turkey Photonic Integrated Circuit Market By Integration Type
11.3.2.9.3 Turkey Photonic Integrated Circuit Market By Application
11.3.2.9.4 Turkey Photonic Integrated Circuit Market By Integration Level
11.3.2.10 Rest of Eastern Europe
11.3.2.10.1 Rest of Eastern Europe Photonic Integrated Circuit Market By Substrate Material
11.3.2.10.2 Rest of Eastern Europe Photonic Integrated Circuit Market By Integration Type
11.3.2.10.3 Rest of Eastern Europe Photonic Integrated Circuit Market By Application
11.3.2.10.4 Rest of Eastern Europe Photonic Integrated Circuit Market By Integration Level
11.3.3 Western Europe
11.3.3.1 Western Europe Photonic Integrated Circuit Market by Country
11.3.3.2 Western Europe Photonic Integrated Circuit Market By Substrate Material
11.3.3.3 Western Europe Photonic Integrated Circuit Market By Integration Type
11.3.3.4 Western Europe Photonic Integrated Circuit Market By Application
11.3.3.5 Western Europe Photonic Integrated Circuit Market By Integration Level
11.3.3.6 Germany
11.3.3.6.1 Germany Photonic Integrated Circuit Market By Substrate Material
11.3.3.6.2 Germany Photonic Integrated Circuit Market By Integration Type
11.3.3.6.3 Germany Photonic Integrated Circuit Market By Application
11.3.3.6.4 Germany Photonic Integrated Circuit Market By Integration Level
11.3.3.7 France
11.3.3.7.1 France Photonic Integrated Circuit Market By Substrate Material
11.3.3.7.2 France Photonic Integrated Circuit Market By Integration Type
11.3.3.7.3 France Photonic Integrated Circuit Market By Application
11.3.3.7.4 France Photonic Integrated Circuit Market By Integration Level
11.3.3.8 UK
11.3.3.8.1 UK Photonic Integrated Circuit Market By Substrate Material
11.3.3.8.2 UK Photonic Integrated Circuit Market By Integration Type
11.3.3.8.3 UK Photonic Integrated Circuit Market By Application
11.3.3.8.4 UK Photonic Integrated Circuit Market By Integration Level
11.3.3.9 Italy
11.3.3.9.1 Italy Photonic Integrated Circuit Market By Substrate Material
11.3.3.9.2 Italy Photonic Integrated Circuit Market By Integration Type
11.3.3.9.3 Italy Photonic Integrated Circuit Market By Application
11.3.3.9.4 Italy Photonic Integrated Circuit Market By Integration Level
11.3.3.10 Spain
11.3.3.10.1 Spain Photonic Integrated Circuit Market By Substrate Material
11.3.3.10.2 Spain Photonic Integrated Circuit Market By Integration Type
11.3.3.10.3 Spain Photonic Integrated Circuit Market By Application
11.3.3.10.4 Spain Photonic Integrated Circuit Market By Integration Level
11.3.3.11 Netherlands
11.3.3.11.1 Netherlands Photonic Integrated Circuit Market By Substrate Material
11.3.3.11.2 Netherlands Photonic Integrated Circuit Market By Integration Type
11.3.3.11.3 Netherlands Photonic Integrated Circuit Market By Application
11.3.3.11.4 Netherlands Photonic Integrated Circuit Market By Integration Level
11.3.3.12 Switzerland
11.3.3.12.1 Switzerland Photonic Integrated Circuit Market By Substrate Material
11.3.3.12.2 Switzerland Photonic Integrated Circuit Market By Integration Type
11.3.3.12.3 Switzerland Photonic Integrated Circuit Market By Application
11.3.3.12.4 Switzerland Photonic Integrated Circuit Market By Integration Level
11.3.3.13 Austria
11.3.3.13.1 Austria Photonic Integrated Circuit Market By Substrate Material
11.3.3.13.2 Austria Photonic Integrated Circuit Market By Integration Type
11.3.3.13.3 Austria Photonic Integrated Circuit Market By Application
11.3.3.13.4 Austria Photonic Integrated Circuit Market By Integration Level
11.3.3.14 Rest of Western Europe
11.3.3.14.1 Rest of Western Europe Photonic Integrated Circuit Market By Substrate Material
11.3.3.14.2 Rest of Western Europe Photonic Integrated Circuit Market By Integration Type
11.3.3.14.3 Rest of Western Europe Photonic Integrated Circuit Market By Application
11.3.3.14.4 Rest of Western Europe Photonic Integrated Circuit Market By Integration Level
11.4 Asia-Pacific
11.4.1 Trend Analysis
11.4.2 Asia-Pacific Photonic Integrated Circuit Market by Country
11.4.3 Asia-Pacific Photonic Integrated Circuit Market By Substrate Material
11.4.4 Asia-Pacific Photonic Integrated Circuit Market By Integration Type
11.4.5 Asia-Pacific Photonic Integrated Circuit Market By Application
11.4.6 Asia-Pacific Photonic Integrated Circuit Market By Integration Level
11.4.7 China
11.4.7.1 China Photonic Integrated Circuit Market By Substrate Material
11.4.7.2 China Photonic Integrated Circuit Market By Integration Type
11.4.7.3 China Photonic Integrated Circuit Market By Application
11.4.7.4 China Photonic Integrated Circuit Market By Integration Level
11.4.8 India
11.4.8.1 India Photonic Integrated Circuit Market By Substrate Material
11.4.8.2 India Photonic Integrated Circuit Market By Integration Type
11.4.8.3 India Photonic Integrated Circuit Market By Application
11.4.8.4 India Photonic Integrated Circuit Market By Integration Level
11.4.9 Japan
11.4.9.1 Japan Photonic Integrated Circuit Market By Substrate Material
11.4.9.2 Japan Photonic Integrated Circuit Market By Integration Type
11.4.9.3 Japan Photonic Integrated Circuit Market By Application
11.4.9.4 Japan Photonic Integrated Circuit Market By Integration Level
11.4.10 South Korea
11.4.10.1 South Korea Photonic Integrated Circuit Market By Substrate Material
11.4.10.2 South Korea Photonic Integrated Circuit Market By Integration Type
11.4.10.3 South Korea Photonic Integrated Circuit Market By Application
11.4.10.4 South Korea Photonic Integrated Circuit Market By Integration Level
11.4.11 Vietnam
11.4.11.1 Vietnam Photonic Integrated Circuit Market By Substrate Material
11.4.11.2 Vietnam Photonic Integrated Circuit Market By Integration Type
11.4.11.3 Vietnam Photonic Integrated Circuit Market By Application
11.4.11.4 Vietnam Photonic Integrated Circuit Market By Integration Level
11.4.12 Singapore
11.4.12.1 Singapore Photonic Integrated Circuit Market By Substrate Material
11.4.12.2 Singapore Photonic Integrated Circuit Market By Integration Type
11.4.12.3 Singapore Photonic Integrated Circuit Market By Application
11.4.12.4 Singapore Photonic Integrated Circuit Market By Integration Level
11.4.13 Australia
11.4.13.1 Australia Photonic Integrated Circuit Market By Substrate Material
11.4.13.2 Australia Photonic Integrated Circuit Market By Integration Type
11.4.13.3 Australia Photonic Integrated Circuit Market By Application
11.4.13.4 Australia Photonic Integrated Circuit Market By Integration Level
11.4.14 Rest of Asia-Pacific
11.4.14.1 Rest of Asia-Pacific Photonic Integrated Circuit Market By Substrate Material
11.4.14.2 Rest of Asia-Pacific Photonic Integrated Circuit Market By Integration Type
11.4.14.3 Rest of Asia-Pacific Photonic Integrated Circuit Market By Application
11.4.14.4 Rest of Asia-Pacific Photonic Integrated Circuit Market By Integration Level
11.5 Middle East & Africa
11.5.1 Trend Analysis
11.5.2 Middle East
11.5.2.1 Middle East Photonic Integrated Circuit Market by Country
11.5.2.2 Middle East Photonic Integrated Circuit Market By Substrate Material
11.5.2.3 Middle East Photonic Integrated Circuit Market By Integration Type
11.5.2.4 Middle East Photonic Integrated Circuit Market By Application
11.5.2.5 Middle East Photonic Integrated Circuit Market By Integration Level
11.5.2.6 UAE
11.5.2.6.1 UAE Photonic Integrated Circuit Market By Substrate Material
11.5.2.6.2 UAE Photonic Integrated Circuit Market By Integration Type
11.5.2.6.3 UAE Photonic Integrated Circuit Market By Application
11.5.2.6.4 UAE Photonic Integrated Circuit Market By Integration Level
11.5.2.7 Egypt
11.5.2.7.1 Egypt Photonic Integrated Circuit Market By Substrate Material
11.5.2.7.2 Egypt Photonic Integrated Circuit Market By Integration Type
11.5.2.7.3 Egypt Photonic Integrated Circuit Market By Application
11.5.2.7.4 Egypt Photonic Integrated Circuit Market By Integration Level
11.5.2.8 Saudi Arabia
11.5.2.8.1 Saudi Arabia Photonic Integrated Circuit Market By Substrate Material
11.5.2.8.2 Saudi Arabia Photonic Integrated Circuit Market By Integration Type
11.5.2.8.3 Saudi Arabia Photonic Integrated Circuit Market By Application
11.5.2.8.4 Saudi Arabia Photonic Integrated Circuit Market By Integration Level
11.5.2.9 Qatar
11.5.2.9.1 Qatar Photonic Integrated Circuit Market By Substrate Material
11.5.2.9.2 Qatar Photonic Integrated Circuit Market By Integration Type
11.5.2.9.3 Qatar Photonic Integrated Circuit Market By Application
11.5.2.9.4 Qatar Photonic Integrated Circuit Market By Integration Level
11.5.2.10 Rest of Middle East
11.5.2.10.1 Rest of Middle East Photonic Integrated Circuit Market By Substrate Material
11.5.2.10.2 Rest of Middle East Photonic Integrated Circuit Market By Integration Type
11.5.2.10.3 Rest of Middle East Photonic Integrated Circuit Market By Application
11.5.2.10.4 Rest of Middle East Photonic Integrated Circuit Market By Integration Level
11.5.3 Africa
11.5.3.1 Africa Photonic Integrated Circuit Market by Country
11.5.3.2 Africa Photonic Integrated Circuit Market By Substrate Material
11.5.3.3 Africa Photonic Integrated Circuit Market By Integration Type
11.5.3.4 Africa Photonic Integrated Circuit Market By Application
11.5.3.5 Africa Photonic Integrated Circuit Market By Integration Level
11.5.3.6 Nigeria
11.5.3.6.1 Nigeria Photonic Integrated Circuit Market By Substrate Material
11.5.3.6.2 Nigeria Photonic Integrated Circuit Market By Integration Type
11.5.3.6.3 Nigeria Photonic Integrated Circuit Market By Application
11.5.3.6.4 Nigeria Photonic Integrated Circuit Market By Integration Level
11.5.3.7 South Africa
11.5.3.7.1 South Africa Photonic Integrated Circuit Market By Substrate Material
11.5.3.7.2 South Africa Photonic Integrated Circuit Market By Integration Type
11.5.3.7.3 South Africa Photonic Integrated Circuit Market By Application
11.5.3.7.4 South Africa Photonic Integrated Circuit Market By Integration Level
11.5.3.8 Rest of Africa
11.5.3.8.1 Rest of Africa Photonic Integrated Circuit Market By Substrate Material
11.5.3.8.2 Rest of Africa Photonic Integrated Circuit Market By Integration Type
11.5.3.8.3 Rest of Africa Photonic Integrated Circuit Market By Application
11.5.3.8.4 Rest of Africa Photonic Integrated Circuit Market By Integration Level
11.6 Latin America
11.6.1 Trend Analysis
11.6.2 Latin America Photonic Integrated Circuit Market by Country
11.6.3 Latin America Photonic Integrated Circuit Market By Substrate Material
11.6.4 Latin America Photonic Integrated Circuit Market By Integration Type
11.6.5 Latin America Photonic Integrated Circuit Market By Application
11.6.6 Latin America Photonic Integrated Circuit Market By Integration Level
11.6.7 Brazil
11.6.7.1 Brazil Photonic Integrated Circuit Market By Substrate Material
11.6.7.2 Brazil Photonic Integrated Circuit Market By Integration Type
11.6.7.3 Brazil Photonic Integrated Circuit Market By Application
11.6.7.4 Brazil Photonic Integrated Circuit Market By Integration Level
11.6.8 Argentina
11.6.8.1 Argentina Photonic Integrated Circuit Market By Substrate Material
11.6.8.2 Argentina Photonic Integrated Circuit Market By Integration Type
11.6.8.3 Argentina Photonic Integrated Circuit Market By Application
11.6.8.4 Argentina Photonic Integrated Circuit Market By Integration Level
11.6.9 Colombia
11.6.9.1 Colombia Photonic Integrated Circuit Market By Substrate Material
11.6.9.2 Colombia Photonic Integrated Circuit Market By Integration Type
11.6.9.3 Colombia Photonic Integrated Circuit Market By Application
11.6.9.4 Colombia Photonic Integrated Circuit Market By Integration Level
11.6.10 Rest of Latin America
11.6.10.1 Rest of Latin America Photonic Integrated Circuit Market By Substrate Material
11.6.10.2 Rest of Latin America Photonic Integrated Circuit Market By Integration Type
11.6.10.3 Rest of Latin America Photonic Integrated Circuit Market By Application
11.6.10.4 Rest of Latin America Photonic Integrated Circuit Market By Integration Level
12. Company Profiles
12.1 Infinera Corp
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 The SNS View
12.2 Agilent Technology
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Services Offered
12.2.4 The SNS View
12.3 Intel Corp
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Services Offered
12.3.4 The SNS View
12.4 Acacia Communications Inc.
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Services Offered
12.4.4 The SNS View
12.5 TE Connectivity
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Services Offered
12.5.4 The SNS View
12.6 Neophotonics Corp
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Services Offered
12.6.4 The SNS View
12.7 Cyoptics Designs
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Services Offered
12.7.4 The SNS View
12.8 Emcore Corp.
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Services Offered
12.8.4 The SNS View
12.9 Colorchip Ltd
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Services Offered
12.9.4 The SNS View
12.10 NeoPhotonics Corp
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Services Offered
12.10.4 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Substrate Material
Silicon
Indium Phosphide
Gallium Arsenide
Lithium Niobate
By Integration Type
Hybrid Integrated PIC
Monolithic Integration PIC
By Integration Level
Small-Scale PIC
Medium-Scale PIC
Large-Scale PIC
By Application
Optical Fiber Communication
Optical Fiber Sensor
Biomedical
Quantum Computing
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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