#Photonic Integrated Circuit Market Growing Popularity and Traffic

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The Silicon Photonics Revolution: Charting the Market's Unparalleled Growth

The Silicon Photonics Market is poised for remarkable growth in the coming years, with a staggering Compound Annual Growth Rate (CAGR) of over 26.0% projected between 2022 and 2032. This burgeoning market is estimated to have been valued at approximately US$ 1.3 Billion in 2022 and is anticipated to surpass the US$ 6 Billion mark by 2032.

Silicon photonics, a revolutionary technology that utilizes silicon as an optical medium, has gained significant traction across various industries due to its potential to enhance data transfer capabilities and significantly boost internet bandwidth capacity. This technology, which integrates laser and silicon to create photonic integrated circuits, is becoming a cornerstone of modern electronic devices.

The demand for silicon photonics products has witnessed an upsurge across diverse sectors, including consumer electronics, IT, and telecommunications. This demand is primarily driven by the need for faster data transmission, greater bandwidth, and reduced power consumption. In recent years, products like silicon photonic transceivers have gained popularity as they offer the potential to achieve faster data transmission rates while consuming less power.

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One of the prominent applications of silicon photonics is in high-performance computers and data centers, which are experiencing an unprecedented surge in demand due to the growing adoption of cloud computing. As data traffic increases across businesses, there is a pressing need for faster data transmission solutions such as silicon photonics. Consequently, data center operators are increasingly embracing technologies like CMOS integrated silicon photonics to meet this demand effectively.

Silicon Photonics Market: Drivers & Restraints

The largest market for global silicon photonics market is data communication, as the protocol is providing services which is surpassing optical and copper technologies. The government providing financial support and the growing demand for the transference of data is driving the growth of global silicon photonics market.

Demand for global silicon photonics market is also driven by covering distance or data rates which have not been provided by vertical cavity surface-emitting lasers (VCSELs), providing faster data rates while maintaining low cost. Various constraints for the global silicon photonics market are high cost as the companies have to develop the Computer-aided engineering/Computer-aided design (CAE/CAD) on their own and competition with VCSEL which is available at a low cost.

Silicon Photonics Market: Region-wise Outlook

In terms of region, North America has the highest market for silicon optical modulators and wavelength division multiplexer filters. North America is becoming an attractive destination for the companies to launch the silicon photonics market due to government support and increase in demand for the data transfer but Asia-Pacific has the highest CAGR for global silicon photonics market due to rising population, increase in urbanization and growing demand for data transfer.

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Market Competition

Some of the key participants present in the global silicon photonics market include Infinera, NeoPhotonics, Avago Technologies, Luxtera, Mellanox Technologies, OneChip Photonics, Cisco, Skorpios Technologies, Photline Technologies among others.

These market leaders are always spending in R&D operations in order to introduce innovative goods with efficient features. For example, Ranovus Inc., a major manufacturer of multi-terabit interconnect solutions for data centres and communications networks, will unveil an advanced silicon photonic device in March 2020. Aside from that, they are expanding their global presence through various growth strategies such as partnerships, the establishment of facilities in desirable regions, and collaborations.

Key Segments Profiled in the Silicon Photonics Industry Survey

Products:

Silicon Optical Modulators

Wavelength Division Multiplexer Filters

Silicon Photo-Detectors

Silicon Photonic Waveguides

Others (silicon led, silicon optical interconnects etc.)

Application:

Telecommunications

Datacom

High performance Computer (HPC) and Data Centers

Medical

Sensing and Instruments

Defense/Aerospace Industries

Research and Development

Others (consumers-connecting PCs with HDTVs and desktop PC devices, commercial video, etc.)

Region:

North America

Latin America

Western Europe

Eastern Europe

APEJ

Japan

Middle East & Africa

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Photonic Integrated Circuit Market size, Scope, Growth Opportunities, Trends by Manufacturers and Forecast to 2028

Industry Analysis

Data Bridge Market Research analyses that the photonic integrated circuit market will exhibit a CAGR of 27.90% for the forecast period of 2021-2028. Reduced energy consumption, increased operational speed and increasing application of photonic integrated circuit by the various end user industries are the major factors attributable to the growth of photonic integrated circuit market. This means that the photonic integrated circuit market value would stand tall by USD 44,407.18 million by the year 2028.   

Additionally, the credible Photonic Integrated Circuit Market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for Semiconductors and Electronics industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.

Get a Free Sample of The Report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-photonic-integrated-circuit-market

Market Insights and Scope            

A photonic integrated circuit is an optical circuit that is similar in functioning to integrated electronic circuit. A photonic integrated circuit incorporates several optical components which are used to transfer huge data at a very high speed. A photonic integrated circuit is used by the various end user verticals such as telecommunications, biomedical, data centres and others.

An international Photonic Integrated Circuit Market research report examines competitive companies and manufacturers in the global market. Competitive analysis carried out in this market report puts forth the moves of the key players in the Semiconductors and Electronics industry such as new product launches, expansions, agreements, joint ventures, partnerships, and recent acquisitions. This market report puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. It studies market by product type, applications and growth factors.

Get full access to the report:https://www.databridgemarketresearch.com/reports/global-photonic-integrated-circuit-market

Industry Segmentation

The photonic integrated circuit market is segmented on the basis of component, raw material, integration, application and end users. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of component, the photonic integrated circuit market has been segmented into optical laser, modulator, detector, transceivers, attenuators, multiplexer/ demultiplexer (MUX/DEMUX) and optical amplifiers.

On the basis of raw material, the photonic integrated circuit market has been segmented into III-V material, lithium niobate, indium phosphide, silica-on-silicon, gallium arsenide, silicon, quantum dots, silicon-on-insulator and others. Others segment is sub-segmented into graphene, silicon dioxide and silicon nitride.

On the basis of integration, the photonic integrated circuit market has been segmented into hybrid, monolithic and module.

On the basis of application, the photonic integrated circuit market has been segmented into optical communications, sensing, optical signal processing and bio photonics. Optical Communications segment is sub-segmented into FTTX and access networks, microwave/ RF photonics, long-haul and transport networks and optical datacom. Sensing segment is sub-segmented into structural engineering, chemical sensors, transport and aerospace and energy and utilities. Optical signal processing segment is sub-segmented into optical metrology, optical instrumentation, quantum optics and quantum computing. Biophotonics segment is sub-segmented into medical instrumentation, photonic lab-on-a-chip, analytics and diagnostics and optical biosensors.

On the basis of end users, the photonic integrated circuit market has been segmented into telecommunications, biomedical, data centres and others. Others segment is sub-segmented into optical sensors (LiDAR), metrology and others.

 

Industry Share Analysis

The major players covered in the photonic integrated circuit market report are

NeoPhotonics Corporation, POET Technologies, Infinera Corporation., Intel Corporation, Luxtera, Lumentum Operations LLC, ColorChip, Finisar Corporation, Huawei Technologies Co., Ltd., II-VI Incorporated, VLC Photonics S.L., TE Connectivity., Hewlett Packard Enterprise Development LP, Enablence., Broadcom., LioniX International, Nokia, Aifotec Design & Development by Tatjana Glasauer, Hamamatsu Photonics K.K. and ALE International among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

 

 

Market Country Level Analysis

The countries covered in the photonic integrated circuit market report are

U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

An influential Photonic Integrated Circuit Market research report displays an absolute outline of the market that considers various aspects such as product definition, customary vendor landscape, and market segmentation. Currently, businesses are relying on the diverse segments covered in the market research report to a great extent which gives them better insights to drive the business on the right track. The competitive analysis brings into light a clear insight about the market share analysis and actions of the key industry players. With this info, businesses can successfully make decisions about business strategies to accomplish maximum return on investment (ROI).

 

 

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[trendingfact]

Airport Charging Stations Market Global Size, Share, Progress Insight, Share, Trends, Industry Key Players, Regional Forecast To 2027

The use of airport charging stations has been spurred by widespread use of mobile phones by passengers, growing on the back of growing ubiquity of smartphones. They have been installed at airports to meet passengers’ convenience and need. The airport charging stations market has been rising on the growing popularity of public charging. In recent years, mounting data theft risks and malware risks have been key aspects influencing the demand dynamic in the market. In the light of this, players are focusing on improving the safety of USB sockets so that they can’t be used by nefarious motives. More prominently, air passengers have become aware of the imminent risks and adopting technologies that reduce these risks. This is a key aspect of the evolution of the market. In this regard, USB charging adapters have grown in popularity.

The transportation industry has been high on the vulnerability risk of hackers. The risk has been reiterated by various technology and IT companies. Cybercriminals have been increasingly targeting these over the past few years. The market has seen demand stimulated by various safety aspects. A case in point is warning consumers not to use leftover USB devices and cords. Further, banning of USB storage devices will offer a positive bearing on the market. Moreover, the concerns of battery safety is a notable factor adversely affecting the demands in the airport charging stations market.

Thus USB charging stations may have lost some sheen in several countries. Nonetheless, increasing consumer awareness has mitigated the cyberthreat risks. Moreover, airport facility providers and aeronautical manufacturers have also become more aware of the nefarious. The free of cost of rechargeable services will also help bolster the demands in new airports around the world.

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Airport Charging Stations Market: An Overview  

The widespread use of cell phones has offered a competitive edge to the airport charging station. Airport operators are providing charging station free of cost to the passenger so as to improve customer experience, the trend is working in favor of market’s growth.

Transparency Market Research announced to launch a report on the airport charging stations market that will help is readers with the pivotal aspects of the industry. The study will offer vital information related to the latest market trends, revenue estimates, and vendor landscape during the forecast period of the airport charging market. Along with this, the report is assessed to offer feasibility of new investment from business point of view.

Airport Charging Stations Market: Notable Developments and Competitive Landscape

Some of the prominent players operating in the airport charging stations market are Arconas, Veloxity One LLC, KwikBoost, ETone, ChargeUp, Charge Box, and Power Tower. These players are ramping up their investments to improve the mobile charging speed. This is because high charging speed could help serving large consumers.

The competitive landscape of the airport charging stations market is fragmented with the presence of several local and international players.  These players are relying on acquisitions and mergers with tech giant and vendors to strength their foothold.

This can be attributed by the fact that on march 2019, Luxor announced to acquire KwikBoost, an established player in the airport charging stations market. As per the Luxor, the acquisition will help KwikBoost to expand its services in several new regions.

Such developments will make airport charging stations market more competitive and service oriented.

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Airport Charging Stations Market: Key Trends

The airport charging station is expected to rise on the back of the increase in number of air traffic. Low cost of air travel, rise in globalization and increase in international tours are some of the prominent factor expected to drive the global airport charging stations market.

Along with this, increasing investments by the players to adopt latest technology that offer improve charging experience to consumers is another factor projected to fuel the airport charging stations market.

Cyber threat is profiled as a major bottleneck for those operating in the airport charging stations market. This is preventing consumers from using a charging station at the airport. To overcome this, players are running campaign and working to improve awareness among the consumers regarding data safety at the charging safety. Apart from this, battery safety and prolonged charging duration are some other factors projected to restraint the growth of the airport charging satiation market during the forecast period.

Airport Charging Stations Market: Regional Outlook

On the basis of geography, the airport charging stations market is classified into North America, Asia Pacific, Europe, and the Middle East and Africa.

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Photonic Integrated Circuits Market https://www.prnewswire.com/news-releases/tmr-projects-strong-growth-for-photonic-integrated-circuits-market-with-a-23-0-cagr-thanks-to-rising-demand-from-telecommunications-301015199.html

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The global market for Photonic Integrated Circuit (PIC) is projected to reach US$2.4 billion by 2024, driven by the growing interest in the ability to exploit the properties of light to transmit information at speeds millions of times faster than either copper or laser, especially against the backdrop of the insatiable need for bandwidth and communication speeds. The growing opportunity in optical communications therefore bodes well for the growth of PICs. The growing popularity and increased deployment of agile optical networks (AON) by network service providers is expected to open up new opportunities for the use of PICs in enabling dynamic scaling of network infrastructures in response to fluctuating data traffic. Few of the factors that will help widen the application and adoption of PICs include breakthroughs in the development of application specific photonic integrated circuits (ASPICs) for new generation optoelectronic devices; innovations in fabrication technologies of ASPICs; surging investments in advanced telecom infrastructure; progressive improvements in photonic integration with conventional technology processes; emphasis on optical signal processing in fiber optic networks; high tide in Wi-Fi equipment installations; and emerging era of quantum computing, among others. Integration of silicon photonics devices with traditional electronics will unleash new opportunities in on-chip and on-board communication; chip-to-chip interconnections; optical sensing and biophotonics. The United States represents the largest market worldwide. Asia-Pacific is poised to emerge as the fastest growing market with a CAGR of 28.9% over the analysis period, led by the developing telecom and electronics industries and rapid shift of the global semiconductor manufacturing base to Southeast Asian countries. More…

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Photonic Integrated Circuit Market 2028 by Growing Popularity and Growing Traffic Research Report

Industry Analysis

Data Bridge Market Research analyses that the photonic integrated circuit market will exhibit a CAGR of 27.90% for the forecast period of 2021-2028. Reduced energy consumption, increased operational speed and increasing application of photonic integrated circuit by the various end user industries are the major factors attributable to the growth of photonic integrated circuit market. This means that the photonic integrated circuit market value would stand tall by USD 44,407.18 million by the year 2028.   

Additionally, the credible Photonic Integrated Circuit Market report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs, or media, selling methods and the best way of distributing the goods to the eventual consumers. Taking up such market research report is all the time beneficial for any company whether it is a small scale or large scale, for marketing of products or services. It makes effortless for Semiconductors and Electronics industry to visualize what is already available in the market, what market anticipates, the competitive environment, and what should be done to surpass the competitor.

 

Get a Free Sample of The Report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-photonic-integrated-circuit-market

Market Insights and Scope            

A photonic integrated circuit is an optical circuit that is similar in functioning to integrated electronic circuit. A photonic integrated circuit incorporates several optical components which are used to transfer huge data at a very high speed. A photonic integrated circuit is used by the various end user verticals such as telecommunications, biomedical, data centres and others.

The wide-ranging Data Bridge market report covers an array of aspects of the market analysis which today’s businesses call for. This market document also defines a chapter on the global market and allied companies with their profiles, which provides important data pertaining to their insights in terms of finances, product portfolios, investment plans, and marketing and business strategies. This market research report is generated with a nice blend of industry insight, talent solutions, practical solutions and use of technology to advance user experience. An outstanding Data Bridge market report puts light on many aspects related to Semiconductors and Electronics industry and market.

Get full access to the report: https://www.databridgemarketresearch.com/reports/global-photonic-integrated-circuit-market

Industry Segmentation

On the basis of component, the photonic integrated circuit market has been segmented into optical laser, modulator, detector, transceivers, attenuators, multiplexer/ demultiplexer (MUX/DEMUX) and optical amplifiers.

On the basis of raw material, the photonic integrated circuit market has been segmented into III-V material, lithium niobate, indium phosphide, silica-on-silicon, gallium arsenide, silicon, quantum dots, silicon-on-insulator and others. Others segment is sub-segmented into graphene, silicon dioxide and silicon nitride.

On the basis of integration, the photonic integrated circuit market has been segmented into hybrid, monolithic and module.

On the basis of application, the photonic integrated circuit market has been segmented into optical communications, sensing, optical signal processing and bio photonics. Optical Communications segment is sub-segmented into FTTX and access networks, microwave/ RF photonics, long-haul and transport networks and optical datacom. Sensing segment is sub-segmented into structural engineering, chemical sensors, transport and aerospace and energy and utilities. Optical signal processing segment is sub-segmented into optical metrology, optical instrumentation, quantum optics and quantum computing. Biophotonics segment is sub-segmented into medical instrumentation, photonic lab-on-a-chip, analytics and diagnostics and optical biosensors.

On the basis of end users, the photonic integrated circuit market has been segmented into telecommunications, biomedical, data centres and others. Others segment is sub-segmented into optical sensors (LiDAR), metrology and others.

 

An influential Photonic Integrated Circuit Market research report displays an absolute outline of the market that considers various aspects such as product definition, customary vendor landscape, and market segmentation. Currently, businesses are relying on the diverse segments covered in the market research report to a great extent which gives them better insights to drive the business on the right track. The competitive analysis brings into light a clear insight about the market share analysis and actions of the key industry players. With this info, businesses can successfully make decisions about business strategies to accomplish maximum return on investment (ROI).

 

Industry Share Analysis

The major players covered in the photonic integrated circuit market report are

NeoPhotonics Corporation, POET Technologies, Infinera Corporation., Intel Corporation, Luxtera, Lumentum Operations LLC, ColorChip, Finisar Corporation, Huawei Technologies Co., Ltd., II-VI Incorporated, VLC Photonics S.L., TE Connectivity., Hewlett Packard Enterprise Development LP, Enablence., Broadcom., LioniX International, Nokia, Aifotec Design & Development by Tatjana Glasauer, Hamamatsu Photonics K.K. and ALE International among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

 

Market Country Level Analysis

The countries covered in the photonic integrated circuit market report are

U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

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About Us:Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market                                                                                                                                                                     

Contact: Data Bridge Market Research Tel: +1-888-387-2818   Email: Sopan.gedam@databridgemarketresearch.com