PHOTONIC IC MARKET ANALYSIS

Photonic IC Market, By Component (Optical Lasers, Modulators, Detectors, Transceivers, Attenuators, Multiplexer/Demultiplexer, and Optical Amplifiers), By Raw Material (Silicon, Indium Phosphide (InP), Gallium Arsenide, Lithium Niobate, and Silica-on-Silicon), By Integration Type (Hybrid Integration, Monolithic Integration, and Module Integration), By Application (Optical Communications, Sensing, Optical Signal Processing, and Biophotonics), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Mar 2025
Code : CMI4179
Pages :135
Formats :
Excel and PDF
Industry : Semiconductors

Photonic IC Market Size and Trends

The Global Photonic IC Market is estimated to be valued at USD 18.31 Bn in 2025 and is expected to reach USD 22.05 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 20.4% from 2025 to 2032.

Key Takeaways of the Global Photonic IC Market:

The optical lasers segment is expected to lead the market, holding an estimated share of 32.5% in 2025.
Among application, the optical communications segment is projected to dominate with a share of 47.89% in 2025.
The hybrid integration segment is estimated to lead the market with a share of 43.26% in 2025.
North America is expected to lead the market with a share of 37.9% in 2025 while Asia Pacific, holding an estimated share of 29.83% in the same year, is expected to exhibit the fastest growth over the forecast period.

Market Overview:

The global photonic IC market is expected to witness significant growth over the forecast period. Photonic integrated circuits are poised to revolutionize optical communication systems by enabling cost-effective, compact, and high-performance solutions. Significant advancements in photonic design are propelling the development of more complex photonic ICs with increased functionalities. Continued investments in optical technologies by leading telecom players to develop 5G-ready infrastructure also point towards bullish outlook of the market. Growing need for high-speed data transmission coupled with rising demand for bandwidth is augmenting the deployment of photonic ICs across various end-use industries including IT & telecom, healthcare, industrial automation, and consumer electronics.