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Market Overview:
Key Market Trends:
III-V Material to Hold a Major Market Share
GaAs photonics is a significantly tiny market, whose principal application was data centers. However, after the introduction of a 3D sensing function using GaAs-based VCSELs in Appleโs iPhone X, GaAs VCSEL has attained enormous growth.
The growth in 3D sensing applications in the consumer electronics market, automotive lighting, the increasing LiDAR applications, horticultural lighting, IR LED applications and display applications are expected to increase the demand for GaAs photonics over the forecast period.
In III-V materials, the market potential for InP (Indium Phosphide) PIC is considered very high. It can best be understood as a subset of the PIC market, which as a whole is further developed. The increasing potential for data center solutions and data center construction across the world is expected to aid the adoption of InP PIC over the forecast period.
North America to Hold a Major Market Share
In North America, the demand for photonic integrated circuits (PIC)-based products is driven by data centers and WAN applications of fiber optic communication. The need for high-speed data transmission increased the data traffic in cloud computing, and the rapid roll-out of IoT has created a potentially booming photonic integrated circuit industry in the region.
Service providers are facing an increasing demand for bandwidth, much of which is being driven by mobile, video, and cloud-based service. For instance, in the United States, video streaming from Netflix alone accounts for nearly a quarter of all bytes transferred at peak times. Companies are expected to base their optical networks on the PIC, which is expected to contribute to the marketโs growth positively.
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Major Key Players are as Follows
Scope of the Report:
Geographical Regions:
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Topics such as sales and sales revenue overview, production market share by product type, capacity and production overview, import, export, and consumption are covered under the development trend section of the Photonic Integrated Circuit market report.
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Reasons to Purchase Photonic Integrated Circuit Market Report Covered:
- The report examines how Photonic Integrated Circuit market will develop in the future.
- Studying various views of the Photonic Integrated Circuit market with the help of Porterโs five forces analysis.
- Analyzing the product type that is probable to control the market and regions that are likely to witness the fastest development during the forecast period
- Identify the new developments, Photonic Integrated Circuit market shares and strategies employed by the key market players.
- Competitive landscape including the market share of major players along with the key strategies accepted for growth in the past five years
- Complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major Photonic Integrated Circuit market players
Detailed TOC of Photonic Integrated Circuit Market โ Growth, Trends, and Forecast (2019 โ 2024)
1 INTRODUCTION
1.1 Key Deliverables of the Market
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Wide Range of Applications in Telecommunications and Data Centers
4.4 Market Restraints
4.4.1 Strong Demand for Traditional ICs
4.5 Industry Attractiveness โ Porterโs Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type of Component
5.1.1 Laser (Optical Laser)
5.1.2 Modulators
5.1.3 Detectors
5.1.4 Transceivers
5.1.5 Multiplexer / Demultiplexer (MUX/DEMUX)
5.1.6 Optical Amplifiers
5.2 By Type of Raw Material
5.2.1 III-V Material
5.2.2 Lithium Niobate
5.2.3 Silica-on-Silicon
5.2.4 Quantum Dots
5.2.5 Other Raw Materials (Graphene, Silicon-on-Insulator)
5.3 By Integration Process
5.3.1 Hybrid
5.3.2 Monolithic
5.4 By Application
5.4.1 Telecommunications
5.4.2 Biomedical
5.4.3 Data Centers
5.4.4 Other Applications (Optical Sensors(LiDAR), Metrology, etc.)
5.5 Geography
5.5.1 North America
5.5.2
5.5.3 Asia-Pacific
5.5.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Neophotonics Corporation
6.1.2 Infinera Corporation
6.1.3 Lumentum Holdings Inc.
6.1.4 Intel Corporation
6.1.5 Colorchip Ltd
6.1.6 Ciena Corporation
6.1.7 Finisar Corporation
6.1.8 Huawei Technologies Co. Ltd
6.1.9 Source Photonics Inc.
6.1.10 Luxtera
6.1.11 VLC Photonics
6.1.12 Mellanox Technologies Ltd
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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