Photonic Integrated Circuit (PIC)

Photonic Integrated Circuit (PIC)
Global Photonic Integrated Circuit (PIC) Market to Reach $6.6 Billion by 2030
The global market for Photonic Integrated Circuit (PIC) estimated at US$1.2 Billion in the year 2022, is projected to reach a revised size of US$6.6 Billion by 2030, growing at a CAGR of 23.6% over the period 2022-2030. Hybrid Integration, one of the segments analyzed in the report, is projected to record 21.8% CAGR and reach US$3.1 Billion by the end of the analysis period. Growth in the Monolithic Integration segment is estimated at 27.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $463.8 Million, While China is Forecast to Grow at 36.9% CAGR
The Photonic Integrated Circuit (PIC) market in the U.S. is estimated at US$463.8 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 36.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.9% and 19.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 19.4% CAGR.Select Competitors (Total 98 Featured) - Broadcom Inc.Ciena CorporationEMCORE Corporationams AGANSYS, Inc.EFFECT Photonics BVBright Photonics BVAifoTec AGColorChip Ltd.DenseLight Semiconductors Pte., Ltd.Enablence Technologies, Inc.AEPONYXApplied NanoToolsDAS PhotonicsAvo PhotonicsPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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