Photonic IC Market, By Components (Lasers, Modulators, Detectors, Attenuators, MUX/DEMUX, Optical Amplifiers), By Integration Type (Monolithic Integration, Hybrid Integration and Module Integration), By Raw Material (Indium Phosphide, Gallium Arsenide, Lithium Niobate, Silicon, Silica-on-Insulator and Others), By Application (Optical communications, Sensing, Biophotonics and Optical signal processing), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Lack of digitization is expected to restrain growth of the global photonic IC market during the forecast period
Lack of standardization in the common fabrication and process techniques is expected to hamper the global photonic IC market growth over the forecast period
Restraint:
Lack of digitization is expected to restrain growth of the global photonic IC market during the forecast period
Lack of standardization in the common fabrication and process techniques is expected to hamper the global photonic IC market growth over the forecast period