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Hybrid Photonic Integrated Circuit Market, Global Outlook and Forecast 2023-2029

Hybrid Photonic Integrated Circuit Market, Global Outlook and Forecast 2023-2029

  • Published on : 10 June 2023
  • Pages :63
  • Report Code:SMR-7714552

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Report overview

Photonic integrated circuit (PIC) is a sophisticated integrated circuit incorporating multiple optical devices/functions into a unique optical package. The main difference between a photonic integrated circuit and an electronic circuit is that photonic ICs use photons as data carriers unlike electronic ICs which use electrons for transferring data. In addition, a photonic integrated circuit is analogous to electronic integrated circuits.
This report aims to provide a comprehensive presentation of the global market for Hybrid Photonic Integrated Circuit, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hybrid Photonic Integrated Circuit. This report contains market size and forecasts of Hybrid Photonic Integrated Circuit in global, including the following market information:
Global Hybrid Photonic Integrated Circuit Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Hybrid Photonic Integrated Circuit market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Photonic Integrated Circuit (PIC) technology is widely used to transfer huge amounts of data at a very high speed and find application in the field of optical fiber communications. The photonic integrated circuits market is growing as they provide significant improvements in system size, power consumption, reliability, and cost. Based on the type of integration, the photonic integrated circuit market is segmented into hybrid and monolithic. Hybrid photonic integration allows for selecting individual components from the respective best-suited material platform and for assembling them in a common mOthersboard. It is an advantage that numerous integrated optic devices will combine.
We surveyed the Hybrid Photonic Integrated Circuit companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hybrid Photonic Integrated Circuit Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Hybrid Photonic Integrated Circuit Market Segment Percentages, by Type, 2022 (%)
Quantum Dots
Graphene
Silicon
Others
Global Hybrid Photonic Integrated Circuit Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Hybrid Photonic Integrated Circuit Market Segment Percentages, by Application, 2022 (%)
Optical Fiber Communications
Biomedical
Optical Fiber Sensor
Quantum Computing (datacenters)
Others
Global Hybrid Photonic Integrated Circuit Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Hybrid Photonic Integrated Circuit Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hybrid Photonic Integrated Circuit revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Hybrid Photonic Integrated Circuit revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Infinera Corporation
NeoPhotonics Corporation
Huawei Global
OneChip Photonics
Lumentum
JDS Uniphase
Intel Corporation
Broadcom
Ciena Corporation
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hybrid Photonic Integrated Circuit, market overview.
Chapter 2: Global Hybrid Photonic Integrated Circuit market size in revenue.
Chapter 3: Detailed analysis of Hybrid Photonic Integrated Circuit company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Hybrid Photonic Integrated Circuit in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.