PHOTONIC IC MARKET ANALYSIS

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

Published In : Dec 2022
Code : CMI4179
Pages :135
Formats :
Excel and PDF
Industry : Semiconductors

Photonic IC MarketSize and Trends

The global photonic IC market is estimated to account for US$ 22,965.8 Mn in terms of value by the end of 2030.

Market- Trends:

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.

Statistics:

North America dominated the photonic IC market in 2021, accounting for a 41.1% share in terms of value, followed by Asia Pacific, Europe, and Latin America, respectively.

Figure 1: Global Photonic IC Market Share (%), By Region, 2021