Photonic Integrated Circuit Market worth $1,547.6 Million and Analysis by 2022

1
MarketsandMarkets Presents
Photonic Integrated Circuit (IC) Quantum
Computing Market (2012 2022) By Application
(Optical Fiber Communication, Optical Fiber
Sensors, Biomedical) Components (Lasers,
Attenuators) Raw Materials (Silica on Silicon,
Silicon on Insulator) Photonic integrated
circuit (PIC) is an innovative technology which
simplifies the optical system design, reduces the
size, power consumption and also improves
reliability. Photonic integrated circuit is
conceptually very similar to an electronic IC. It
is on the edge of computing with the advent of
smaller, not expensive optical interconnects,
covering fields from communications and security
to biomedicine and entertainment.
2
Optical fiber communication is the major
application of photonic integrated circuit. The
massive data generated by bandwidth heavy
multimedia content, growing number of users, is
creating a need for network to support gigabit
transmission speeds. The demand of high speed
communication is driving the market of optical
fiber communication. Photonic IC is also being
used in optical sensor. The sensing photonic
integrated circuit is powered by fiber or free
space enabling applications requiring wireless
operation of the sensing-PIC, as in wind
turbines, airplane propellers or rotor blades of
helicopters. Such applications make use of
receivers and transmitters which are specially
designed for free-space optical communication.
Photonic ICs are also being used in biomedical
for the diagnostic analysis of opaque skin
tissue. Sample pages of the Report
http//www.marketsandmarkets.com/requestsample.a
sp?id881 Indium Phosphide is one of the major
raw materials used in photonic ICs. Indium
Phosphide has the capability of cost-effective
mass production using standard high-yield, batch
semiconductor manufacturing processes whereas
silicon based Photonic IC has the highest growth
potential as it is easy to fabricate and multiple
function can be integrated in the chip. Silicon
based photonic IC is easy to manufacture as the
existing foundries for electronic ICs can be
utilized with a small modification.
3
At present North America has the largest market
for PIC based products, especially in data
centers and WAN applications of optical fiber
communications. However, APAC is the largest
player in the access network application of
optical fiber communications right now. North
America is the leader in a PIC market with 49
market share however it is estimated that APAC
will emerge as the market leader by 2022 growing
at a CAGR of 35.9 from 2012 to 2022 However APAC
will emerge as the market leader by 2022 because
of the prolific growth of datacenters and access
network in that region. Report Information
http//www.marketsandmarkets.com/Market-Reports/p
hotonic-integrated-circuit-ic-optical-computing-ch
ip-market-881.html The major players in the PICs
industry are Infinera Corporation (U.S.),
NeoPhotonics Corporation (U.S.), Oclaro (U.S.),
Luxtera (U.S.), Kotura (U.S.), OneChip Photonics
(CA) etc These players have played a great role
in changing the market dynamics. 
4
About MarketsandMarkets MarketsandMarkets is a
global market research and consulting company
based in the U.S. We publish strategically
analyzed market research reports and serve as a
business intelligence partner to Fortune 500
companies across the world. MarketsandMarkets
also provides multi-client reports, company
profiles, databases, and custom research
services. MM covers thirteen industry verticals,
including advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT.
5
Contact Us
ContactMr. RohanMarkets and Markets UNIT no
802, Tower no. 7, SEZMagarpatta city,
HadapsarPune, Maharashtra 411013,
India1-888-600-6441Email sales_at_marketsandmarket
s.com