The Photonic Integrated Circuit (PIC) Market refers to the segment of the semiconductor industry that focuses on the development and production of integrated circuits that use light (photons) to transmit and process data. The market is driven by increasing demand for high-speed data communication and processing solutions in various applications, such as data centers, telecommunications, and healthcare. PICs offer advantages such as high bandwidth, low power consumption, and reduced form factor, which make them an attractive alternative to traditional electronic integrated circuits. The market is highly competitive, with key players investing heavily in research and development to improve the performance and functionality of PICs. Additionally, the market is expected to benefit from the ongoing integration of photonic and electronic components, which is driving the development of new hybrid technologies and applications.
The Global Photonic IC Market was valued at US$ 1,719.3 Mn in 2021 and is expected to reach US$ 22,965.8 Mn by 2030, growing at a CAGR of 33.6% between 2022 and 2030.
Major Players in the photonic IC Industry:
1. Agilent Technologies, Inc.
Agilent Technologies, Inc. was founded in 1999 and is headquartered in Santa Clara, California, United States. The company operates in over 100 countries and is a leading provider of life sciences, diagnostics, and applied chemical solutions. In February 2021, Agilent Technologies announced the launch of its new prepacked columns for high-throughput protein characterization.
2. Intel Corporation
Intel Corporation was founded in 1968 and is headquartered in Santa Clara, California, United States. The company operates in over 50 countries and is a leading provider of semiconductor chips and other computing technologies. In March, 2023 Intel Labs Advances Computer Vision Development with Two New AI Models
3. Aifotec AG
Aifotec AG was founded in 2000 and is headquartered in Berlin, Germany. The company operates in several countries in Europe and specializes in the development and manufacture of advanced packaging technologies for the semiconductor industry.
4. Infinera Corporation
Infinera Corporation was founded in 2000 and is headquartered in Sunnyvale, California, United States. The company operates in over 30 countries and is a leading provider of optical networking solutions for telecommunications operators and service providers. In January, 2023 Beyond Technology, a global player in technology transformation, and Infinera successfully deployed a 3.6-terabit network for a leading Middle East network operator to support the upsurge in global and local demand for the 2022 FIFA World Cup.
5. Alcatel-Lucent
Alcatel-Lucent was founded in 2006 and is headquartered in Boulogne-Billancourt, France. The company operates in over 100 countries and is a leading provider of telecommunications equipment and solutions for network operators and service providers.
6. Hewlett-Packard Company
Hewlett-Packard Company, also known as HP, was founded in 1939 and is headquartered in Palo Alto, California, United States. The company operates in over 170 countries and provides a range of technology products and services, including personal computers, printers, and enterprise software.
7. Avago Technologies
Avago Technologies was founded in 1961 and is headquartered in San Jose, California, United States. The company operates in over 30 countries and is a leading provider of analog, digital, and mixed-signal semiconductor solutions.
8. Finisar Corporation
Finisar Corporation was founded in 1988 and is headquartered in Sunnyvale, California, United States. The company operates in over 20 countries and is a leading provider of optical communication products and subsystems for networking and storage applications.
9. Ciena Corporation
Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland, United States. The company operates in over 30 countries and is a leading provider of networking equipment, software, and services for telecommunications operators and service providers. In March, 2023 Ciena, Digicel Fiji and Southern Cross have jointly launched Project Semata, an initiative to provide high-speed internet access and online learning resources to three schools in Savusavu, Fiji.
10. Enablence Technologies Inc.
Enablence Technologies Inc. was founded in 1996 and is headquartered in Ottawa, Canada. The company operates in several countries worldwide and specializes in the development and manufacture of optical components and subsystems for telecommunications and data center applications.
11. Emcore Corporation
Emcore Corporation was founded in 1984 and is headquartered in Alhambra, California, United States. The company operates in over 20 countries and is a leading provider of advanced mixed-signal optics products and services for the aerospace, defense, and telecommunications industries.
*Definition- Photonic integrated circuits (PICs) are integrated circuits that use light (photons) to transmit and process data. They offer advantages such as high bandwidth, low power consumption, and reduced form factor, and are used in applications such as data centers, telecommunications, and healthcare.
