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Photonic Integrated Circuit Market Size, Share, and COVID-19 Impact Analysis, By Component (Lasers, Modulators, Detectors, Attenuators, Multiplexers/De-multiplexers, Optical Amplifiers) By Application (Telecommunications, Biomedical, Datacenter, Optical fiber communication, Quantum Computing), By Integration Type (Monolithic Integration, Hybrid Integration, Module Integration), Regional Forecast, 2024-2032

Region :Global | Report ID: FBI107051 | Status : Ongoing



A photonic integrated circuit (PIC), or photonic integrated circuit, is a microchip containing optical components that operate on light (photons). This includes electronic modules that form functional circuits implemented in computers, smartphones, and other electronic devices. In electronic chips, electrons flow through electrical modules such as inductors, resistors, and capacitors. Photons pass through optical components such as polarizers, waveguides, lasers, and phase shifters in photonic chips.

In addition, these light-based technologies play a crucial role in almost every aspect of modern life, such as data storage, telecommunications, medical diagnostics, green energy, autonomous driving, agriculture, industry, and more.

Moreover, PICs use a laser source to inject light that drives electronic components. By using light instead of electricity, integrated photonic technology offers a solution to the limitation of electronics like integration and heat generation, taking devices to the next level to increase the capacity and speed of data transmission.

Furthermore, the rising demand in the aerospace and defense industries to manufacture biochemical sensors and components for airplanes, spacecraft and military gear is creating a positive outlook for the PIC market. The market shows potential growth for technologies such as data communications (inter and intra datacenter communications), LiDAR (Light detection and Ranging) in autonomous driving, and aerospace and aeronautics areas.

Photonic integrated circuit are generally used as optical (de)multiplexers in wavelength division, multiplexed (WDM) and fibre - optic communication systems. In addition, photonic integrated circuit is specially designed and fabricated for a specific application such as quantum cryptography, optical metrology, and terahertz imaging. They may be also called as ASPIC (application-specific photonic integrated circuits). For instance,

  • In September 2022, Rockley photonics Holdings Limited released the micro-transfer-printed (mTP) silicon-photonics laser for commercial applications. It increases the density and reduces the size of high-density spectrophotometer chips.

Impact of COVID-19 on the Photonic Integrated Circuit Market

Many public places globally are installing optical and photonic sensors that are enabled with high-sensitivity cameras, night vision sensors and systems in combination with semiconductor photocathode technology. Additionally, various countries such as Spain, Saudi Arabia, the U.K., and Germany are still under the restriction of the pandemic. Therefore, common business issues including volatile demand and disruptions in the supply of raw materials are hampering business activities. Photonic integrated circuit market and semiconductor industries are fronting the devastating effects of the coronavirus outbreak as compared to the airlines, healthcare and hospitality industries.

Therefore, many businesses are having sufficient inventory stocks, and are implementing the plug-and-play mode to manage production activities.

Key Insights

The report will cover the following key insights:

  • Micro Macro Economic Indicators

  • Drivers, Restraints, Trends and Opportunities

  • Business Strategies Adopted by the Players

  • Impact of COVID-19 on Photonic Integrated Circuit Market

  • Consolidated SWOT Analysis of Key Players

Analysis by Application

The increasing adoption of cloud services by SMEs (Small & medium enterprises) is boosting the demand for data centers. An increasing trend of switch data and transceiver data rates is driving the photonic integrated circuit market. Furthermore, hybrid PCs find great applications in the data centers and telecommunication business. Thus, the need for high rate of data transfer is the primary factor leading to increased adoption of hybrid PCs in the telecom industry.

PICs a well-known technology in the telecommunication sector owing to the development and proliferation of transceivers and passive components, is attributed to the development of high-speed networks and 5G.

Although, photonics and fiber optics have been acting as critical support in transporting signals to and from the new generation of base stations. There is a high degree of innovation that helps in several manufacturers to develop low-cost hybrid PIC hardware to meet the requirements.

Moreover, rising number of cloud applications are quickly upscaling the traffic that has to be handled by data centers (DC). With rise in IT workloads being spread across a range of services and data centers, one third of all workloads are shifted to cloud, colocation, hosting, and Software-as-a service.

Regional Analysis

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In North America, the demand for photonic integrated circuit market is driven by large number of data centers and WAN applications of fiber optic communication. The increasing need for high-speed data transmission increased the data traffic in cloud computing, thereby and the rapid roll-out of IOT has creating a potentially demand for integrated circuit in the industry.

Furthermore, Europe accounts for the second-largest share in photonic integrated circuit market, due to rising number of data center in the region. With an increasing demand for high-speed fiber-optic communications, cardiac diagnostic sensors and self-driving cars which requires photonic ICs, the PIC is expected to gain traction in the market growth.

Asia Pacific is expected to show lucrative growth during forecast period due to increasing adoption of electric and self-driving automobiles in Japan, China South Korea and India. Therefore, the growing usage of the internet, availability of 5G connectivity, and expansion of technology will propel the market in the upcoming years.     

The distribution of the photonic integrated circuit market by region of origin is as follows:

  • North America – 35%

  • South America – 10%

  • Europe – 26%

  • Middle East and Africa – 7%

  • Asia Pacific – 22%

Key Players Covered

The report will include key players such as Agilent Technologies, Broadcom, Ciena Corporation, Enablence, II-VI Inc., Hewlett Packard, Huawei Technologies Co., Ltd., Infinera Corporation, Intel Corporation, Broadex Technologies Co., Ltd., CISCO Systems, Inc., MACOM, Mellanox Technologies, NeoPhotonics Corporation, Oclaro, Inc., TE Connectivity, Uniphase Inc., VLC Photonics S.L. and others.


By Component

By Application

By Integration Type

  • Lasers

  • Modulators

  • Detectors

  • Attenuators

  • Multiplexers/De-multiplexers

  • Optical Amplifiers

  • Telecommunications

  • Biomedical

  • Data Center

  • Optical Fiber Communication

  • Quantum Computing

  • Monolithic Integration

  • Hybrid Integration

  • Module Integration

By Region

  • North America (U.S , Canada, Mexico)

  • Europe (U.K, Germany, France, Italy, Spain, Benelux, Nordics, Rest of Europe)

  • APAC (China, Japan, India, South Korea, ASEAN, Oceania, Rest of APAC)

  • South America (Brazil, Argentina, Rest of South America)

  • Middle East and Africa (Turkey, Israel, GCC, South Africa, North Africa, Rest of MEA)

Key Industry Developments

  • In June 2022 – Intel Corporation, an electronic components manufacturer launched integrated silicon photonics, paving the way for faster networking between processors.

  • In December 2021 – Infinera and Telia Carrier announced the selection of Infinera’s ICE6 800G coherent technology as part of its global expansion.

  • Ongoing
  • 2023
  • 2019-2022

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