DUBLIN, Dec. 21, 2017 /PRNewswire/ --
The "Photonic Integrated Circuit (PIC) Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.
The global photonic integrated circuit (PIC) market is valued US$496.09 million in 2017 and is estimated to reach US$1716.3 million by 2022 exhibiting a CAGR of 28.18% during the forecast period.
PIC is contemplated to grow as one of the most reliable and promising solutions for the optoelectronic devices owing to its higher efficiency, low energy consumption, and higher operational speed. It is a notable competitor of the systems based entirely on electronic devices as it offers a higher bandwidth.
Photonic integrated circuit will prove to be a revolution in the future in its sector owing to its technological advancement. Unlike other systems that use electrons, it uses protons as data carriers. Integration of several functionalities can be done in a single chip owing to the development in the integrated indium phosphide based PIC at a modest cost. One of its major markets is the optical sensors market which finds its application in industries such as energy, defense, aerospace, and healthcare among others. However, rising investments in research and development on photonic integrated circuits are still being made in order to fully integrate electronics and optics on a single circuit.
Some of the leading players in the photonic integrated circuit market include Infinera Corporation, Huawei Global, Intel, NeoPhotonics, OneChip Photonics, Avago Technologies, Ciena, Oclaro Inc, and JDS Uniphase Inc.
- Hybrid Photonic Integration
- Monolithic Photonic Integration
By Raw Material
- Gallium Arsenide
- Indium Phosphide
- Silica on silicon
- Silicon on insulator
- Lithium Niobate
- Military and Defense
- Communication and Technology
- Energy and Power
Key Topics Covered:
2. Research Methodology
3. Key findings of the study
4. Market Dynamics
5. Global Photonic Integrated Circuit Market Forecast by Integration (US$ million)
6. Global Photonic Integrated Circuit Market Forecast by Raw Material (US$ million)
7. Global Photonic Integrated Circuit Market Forecast by End-User (US$ million)
8. Global Photonic Integrated Circuit Market Forecast by Geography (US$ million)
9. Competitive Intelligence
10. Company Profiles
- Infinera Corporation
- Huawei Global
- Avago Technologies
- OneChip Photonics
- Oclaro, Inc
- JDS Uniphase, Inc
For more information about this report visit https://www.researchandmarkets.com/research/x39z98/photonic?w=5
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SOURCE Research and Markets