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.
Get Complete Report @ http://theinsightpartners.com/reports/photonic-ics-pic-market
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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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