Current and Future Industry Trends of Photonic ICs (PIC) Market, 2016–2025 |The Insight Partners
The “Photonic ICs (PIC) Market report categories the global market by Components, Uses, Integration, Materials and Geography” report provides a detailed overview of the major factors impacting the global market with the market share analysis and revenues of various sub segments. Photonic Integrated Circuits (PIC), functions analogous to electronic ICs, utilizes photons instead of electrons to carry data. Photons, unit of light, travels comparably much faster than other data carriers, hence data transfer speed has increased dramatically. Global photonic ICs market is expected to rise at a remarkable rate as it offers substantial enhancements in system size, power intake, cost, and dependability. Get Complete Report @ http://theinsightpartners.com/reports/photonic-ics-pic-market
The “Photonic ICs (PIC) Market report categories the global market by Components, Uses, Integration, Materials and Geography” report provides a detailed overview of the major factors impacting the global market with the market share analysis and revenues of various sub segments.
Photonic Integrated Circuits (PIC), functions analogous to electronic ICs, utilizes photons instead of electrons to carry data. Photons, unit of light, travels comparably much faster than other data carriers, hence data transfer speed has increased dramatically. Global photonic ICs market is expected to rise at a remarkable rate as it offers substantial enhancements in system size, power intake, cost, and dependability.
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<strong>Photonic</strong> <strong>ICs</strong> (<strong>PIC</strong>) <strong>Market</strong> to 2025 - Global Analysis<br />
<strong>and</strong> Forecasts by Components, Uses, Integration <strong>and</strong><br />
Materials<br />
No <strong>of</strong> Pages: 150<br />
Publishing Date: May 2017<br />
Single User PDF: US$ 3900<br />
Website : www.theinsightpartners.com
<strong>Photonic</strong> <strong>ICs</strong> (<strong>PIC</strong>) <strong>Market</strong> to 2025<br />
Introduction<br />
<strong>Photonic</strong> Integrated Circuits (<strong>PIC</strong>), functions analogous to electronic <strong>ICs</strong>, utilizes photons instead <strong>of</strong> electrons to<br />
carry data. Photons, unit <strong>of</strong> light, travels comparably much faster than other data carriers, hence data transfer speed<br />
has increased dramatically. Global photonic <strong>ICs</strong> market is expected to rise at a remarkable rate as it <strong>of</strong>fers<br />
substantial enhancements in system size, power intake, cost, <strong>and</strong> dependability.<br />
On the basis <strong>of</strong> uses, the global photonic IC market is segmented into biophotonics, optical communication, sensors,<br />
optical signal processing <strong>and</strong> nanophotonics. The global photonic IC market is further segmented on the basis <strong>of</strong><br />
integration methods deployed into monolithic integration, hybrid integration, <strong>and</strong> module integration. In addition,<br />
the global photonic IC market is segmented on the basis <strong>of</strong> components, namely: modulators, lasers,<br />
multiplexers/de–multiplexers, detectors, optical amplifiers <strong>and</strong> others (such as attenuators, wavelength converters,<br />
etc.). The market is segmented on the basis <strong>of</strong> materials, namely: lithium niobate (LiNbO3), indium phosphide (InP),<br />
silicon (Si), gallium arsenide (GaAs), <strong>and</strong> silica–on–silicon.<br />
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<strong>Photonic</strong> <strong>ICs</strong> (<strong>PIC</strong>) <strong>Market</strong> to 2025<br />
Ongoing limitation <strong>of</strong> electronic <strong>ICs</strong> in search <strong>of</strong> adding more transistors over a single silicon substrate has pressured<br />
the industry to invent a substitute. Furthermore, existing principal players have developed monolithically combined<br />
InP-based photonic <strong>ICs</strong> that assimilates more than 600 components/utilities in a single chip. As a result, there is an<br />
enormous competition in the marketplace as every single player is aiming at inventing photonic IC-based products<br />
which would be capable <strong>of</strong> integrating large quantities <strong>of</strong> functions/utilities at low cost. Budget <strong>and</strong> magnitude<br />
saving accomplished by integrating diverse optical modules, including modulators, detectors, <strong>and</strong> lasers, into a<br />
single package is the key focus area for the players within the photonic <strong>ICs</strong> market. Rising dem<strong>and</strong>s for high speed<br />
communication combined with developing application zones, specifically in the arena <strong>of</strong> sensing, optical<br />
communications, <strong>and</strong> biophotonics have powered the progress <strong>of</strong> the global photonic <strong>ICs</strong> market. In addition, high<br />
power efficiency, inexpensive fabrication, improved reliability, <strong>and</strong> high data transfer rates <strong>of</strong>fered by photonic <strong>ICs</strong><br />
are factors which are expected to propel this market. The use <strong>of</strong> photons for the drive <strong>of</strong> <strong>of</strong>fering high-speed<br />
information processing, computation, <strong>and</strong> data transmission <strong>of</strong>fers a sound prospect intended for the development<br />
<strong>of</strong> photonic <strong>ICs</strong> market.<br />
Optical communications is a leading application sector in the photonic IC market, whereas biophotonics <strong>and</strong><br />
sensing are the other key application segments. Even though the present-day input from optical signal<br />
processing segment is the minimum, it is anticipated to witness strong progress post the commercialization<br />
<strong>of</strong> quantum computing.<br />
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<strong>Photonic</strong> <strong>ICs</strong> (<strong>PIC</strong>) <strong>Market</strong> to 2025<br />
Optical sensors application is an emerging application in this marketplace, which is utilized in fields like aerospace,<br />
defense, transportation, energy, <strong>and</strong> medicine. Quantum computing, a technology soon to be commercialized, is<br />
another segment that promises significant utilization <strong>of</strong> photonic <strong>ICs</strong>. <strong>Photonic</strong> <strong>ICs</strong> are similarly used in biomedical<br />
arena, wherein InP-established use <strong>of</strong> definite photonic <strong>ICs</strong> are being utilized for the diagnostic examination <strong>of</strong><br />
opaque skin tissues.<br />
North America leads the global photonic IC market, trailed by Europe <strong>and</strong> Asia Pacific. While North America is the<br />
chief photonic IC market, Asia Pacific is anticipated to witness strong growth, overtaking Europe <strong>and</strong> eventually<br />
North America. The development in Asia Pacific can be majorly credited to growing dem<strong>and</strong> from optical<br />
communications <strong>and</strong> biophotonics applications. The worldwide photonic IC market is extremely disjointed <strong>and</strong> is<br />
br<strong>and</strong>ed by the presence <strong>of</strong> large number <strong>of</strong> players. Some <strong>of</strong> the top players in the marketplace comprise Alcatel-<br />
Lucent S.A., Infinera Corporation, JDS Uniphase Corporation, Huawei Technologies Co. Ltd., Avago Technologies Ltd.,<br />
Intel Corporation, Agilent Technologies, Ciena Corporation, Emcore Corporation <strong>and</strong> Neo<strong>Photonic</strong>s Corporation.<br />
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<strong>Photonic</strong> <strong>ICs</strong> (<strong>PIC</strong>) <strong>Market</strong> to 2025<br />
Reason to buy<br />
Highlights widely used product <strong>of</strong>ferings thereby allowing organizations to gain revenues by focusing majorly on<br />
select products<br />
The key findings <strong>and</strong> recommendations highlight crucial progressive industry trends in the <strong>Photonic</strong> <strong>ICs</strong> (<strong>PIC</strong>)<br />
market, thereby allowing players across the value chain to develop effective long term strategies<br />
Get reliable information about the strategies manufacturers in this market use to drive revenue<br />
Gain insights into the competitive l<strong>and</strong>scape, to strengthen market competitiveness <strong>and</strong> positioning<br />
Highlights key business priorities in order to assist companies to realign their business strategies<br />
Develop/modify business expansion plans by using substantial growth <strong>of</strong>fering developed <strong>and</strong> emerging markets<br />
Scrutinize in-depth global market trends <strong>and</strong> outlook coupled with the factors driving the market, as well as the<br />
those hindering it<br />
Enhance the decision-making process by underst<strong>and</strong>ing the strategies that underpin commercial interest with<br />
respect to client products, segmentation, pricing <strong>and</strong> distribution<br />
Examine the current <strong>and</strong> future impact <strong>of</strong> the five forces namely: bargaining power <strong>of</strong> suppliers, bargaining<br />
power <strong>of</strong> buyers, threat <strong>of</strong> substitutes, threat <strong>of</strong> new entrants <strong>and</strong> degree <strong>of</strong> competition<br />
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