Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

TMR Projects Strong Growth for Photonic Integrated Circuits Market With a 23.0% CAGR, Thanks to Rising Demand from Telecommunications

This image opens in the lightbox

News provided by

Transparency Market Research

03 Mar, 2020, 12:30 GMT

Share this article

Share toX

Share this article

Share toX

  • Rising demand for communications system in telecom sector will likely drive robust valuation of US$3.3 bn by 2027 for the Photonic integrated circuits market
  • Global manufacturers of photonic integrated circuits are focussing on power efficiency of PICs, and use of silicon photonic technology remains on the rise. The technology has proven effective for enhancement of millimetre wave communication system

ALBANY, New York, March 3, 2020 /PRNewswire/ -- Optics and photonics continue to make way for modernisation in electronic devices. The development of fiber optics has remained a key driver of growth in the development of this technology. Additionally, the fiber optics continues to make way for more speed, capacity, and accuracy for PICs with new solutions. TMR study promises to key insights in the penetration and advancements in the fiber optics in PICs.

According to TMR analysts, "The demand from indium phosphide-based PICs continues to grow, and is a prominent development on the radar for large players operating the in the PIC market. Additionally, the key opportunity for players in the Photonic Integrated Circuits (ICs) Market lies in the development of autonomous vehicle, which continue to promise robust research, and development opportunities. Being a first-mover in the next-gen automobile sector will be a key advantage for players in the Photonic Integrated Circuits market."

Key Findings in the Photonic Integrated Circuits Market Study:

  • Booming demand for larger bandwidth, and strong adoption of cloud services by SMEs continues to pave way for a larger ecosystem of datacentres. Additionally, over a billion smartphone were sold in 2016 globally. This has driven demand for high-speed connectivity, and more efficient data storage solutions in turn. The players in the Photonic Integrated Circuits (ICs) Market will find strong demand for improvements in bandwidth, speed, and flexibility to build better bridges between the gates of communication, and visitors.
  • In high-end applications like 3D sensing, materials like silicon are increasingly being replaced with Indium Phosphide (InP)-based PICs. The material is also finding prominence in applications like laser signals, and signal conversion in electronic form. The growth of 3D sensing, and its growing use in industrial manufacturing will be a key driver of growth for InP-based PICs during the forecast period.
  • The LIDAR sensing systems in autonomous vehicles will pave way for strong growth for players in the PIC market. The system relies on continuous, seamless, and reliable information flow for the operation of autonomous driving. The essential need for autonomous vehicles to monitor surrounding environments at all times, will be a major factor for growth for PIC advancements in the next-gen automobiles. The optical fibers promise an ideal application for LIDAR systems as these are immune to electromagnetic interference, and can handle seamless information flow of high volumes. The development in this area from players in the Photonic Integrated Circuits (ICs) market continues to focus on miniaturized versions of PIC, catering to a strong demand from the automobile industry.

Download PDF brochure at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=997

Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on Photonic Integrated Circuits (PIC) Market (Integration Type: Monolithic Integration, Hybrid Integration, and Module Integration; Raw Material: Indium Phosphide, Gallium Arsenide, Lithium Niobate, Silicon, Silicon-on-Insulator, and Others; Component: Lasers, Modulators, Detectors, Attenuators, Multiplexers/De-multiplexers, and Optical Amplifiers; and Application: Optical Communication, Sensing, Optical Signal Processing, and Biophotonics) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Photonic Integrated Circuits Market: Region-wise Analysis

Rising demand for WAN applications promise a major growth in the North America region. the rising demand for communications, and heavy investments in the development of portable, and reliable sensor pave way for lucrative opportunities in the region, namely in the US. The rising demand for mobile communication, and growing reliance on entertainment through videos, and enterprise-based cloud services will be major avenues for growth in the PIC market in North America region. The region continues to witness opportune collaborations among competitors, thanks to large potential of growth, and rising demand for data services.

Photonic Integrated Circuits market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study.

Competitive Analysis:

The global photonic integrated circuits market is a competitive, and fragmented landscape. The landscape is home to several large, and established players who continue to demonstrate strong manufacturing capabilities. The competition will likely rise further in the future, as research and development activities continue to make a strong case for growth in communication, network, and information technology. Large number of suppliers in the PIC market have also witnessed reduction in their bargaining power, with an increased advantage for manufacturers. The growing demand for PICs during the forecast period, will likely provide more bargaining power to suppliers over the forecast period.

Integration Type

  • Monolithic Integration
  • Hybrid Integration
  • Module Integration

Raw Material

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

Component

  • Lasers
  • Modulators
  • Detectors
  • Attenuators
  • Multiplexers/De-Multiplexers
  • Optical Amplifiers

Application

  • Optical Communication
  • Sensing
  • Optical Signal Processing
  • Biophotonics

Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America

Explore Transparency Market Research's award-winning coverage of the Global  Electronics and Semiconductors Industry:

Sound Sensor Market - The global sound sensor market was valued at US$ 1,270.3 Mn in 2017 and is projected to register a compounded annual growth rate (CAGR) of over 6% from 2018 to 2026,

Microdisplay Market - The global microdisplay market is projected to expand at a CAGR of 22.3% during the forecast period and reach value of US$ 5,782.6 Mn by 2027.

Accelerometer Market - Growing adoption of micro electromechanical system (MEMS) accelerometers in high-end applications, led by their advantages such as enhanced performance, small size, and low power consumption, is expected to propel the global accelerometer market during the forecast period.

Construction Robots Market - The construction industry is one of the least automated industries, as it features manual-intensive labor as a prime source of production. Whether it is new commercial construction, demolition, or renovation, robots can play an important role in a building's life cycle.

Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com 
Blog: https://tmrblog.com/

Logo - https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg

Modal title

Also from this source

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Over the last year, several companies have announced new semiconductor fabrication sites, especially in the U.S., India, and Europe. These...

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

The market was valued at US$ 6.9 billion in 2022. The Silicon Metal Market Growth is estimated to reach US$ 10.7 billion by the end of 2031,...

More Releases From This Source

Explore

Semiconductors

Semiconductors

Computer & Electronics

Computer & Electronics

Electronic Components

Electronic Components

Telecommunications Industry

Telecommunications Industry

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.