Semiconductors and Electronics

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Global Hybrid Photonic Integrated Circuit Market – Industry Trends and Forecast to 2028

  • Semiconductors and Electronics
  • Upcoming Report
  • Jan 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Hybrid Photonic Integrated Circuit Market, By Component (Lasers, Modulators, Photo Detectors, Attenuators, Optical Amplifiers), Raw Material (Gallium Arsenide, Indium Phosphide, Silica on Silicon, Silicon on Insulator, Lithium Niobate), Application (Optical Fiber Communication, Optical Fiber Sensor, Biomedical, Quantum Computing, Others), End User (Military and Defence, Aerospace, Communication and Technology, Telecommunication, Energy and Power, Healthcare, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Hybrid Photonic Integrated Circuit Market Market Analysis and Insights : Global Hybrid Photonic Integrated Circuit Market

In the forecast period from 2021 to 2028, the hybrid photonic integrated circuit market is projected to hit USD 51,370.67 million by 2028, witnessing market growth at 28.30%. Data Bridge Market Research report on hybrid photonic integrated circuit market provides analysis and insights into the various factors expected to be prevalent during the forecast period, while providing their effect on the growth of the market.

A photonic integrated circuit (PIC) is a mix of photonic sensors and other electronic components that operates and performs various optical functions using lights/photons. The signals are processed during the operation of a PIC by combining visible and infrared wavelengths between 800 nm and 1700 nm into them. By translating the light signals into electric form, photonic sensors play a major role in the PIC.

Increasing availability of highly integrated transmitters, switches, and optical phased arrays, rising number of development of silicon as a viable semiconductor substrate for photonic components, growing need for medium and large scale integration of components along with miniature components, prevalence of high power efficiency and rising functionality are some of the major as well as vital factors which will likely to augment the growth of the hybrid photonic integrated circuit market in the projected timeframe of 2021-2028. On the other hand, increasing number of research activities to improve the efficiency and capability of the hybrid PICs along with wide range of applications in telecommunications and data centers which will further contribute by generating massive opportunities that will lead to the growth of the hybrid photonic integrated circuit market in the above mentioned projected timeframe.

Lack of standardization in the common fabrication and process techniques along with lack of digitization which will likely to act as market restraints factor for the growth of the hybrid photonic integrated circuit in the above mentioned projected timeframe. Performance of photonics products getting affected by the environmental regulations which will become the biggest and foremost challenge for the growth of the market.

This hybrid photonic integrated circuit market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on hybrid photonic integrated circuit market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Hybrid Photonic Integrated Circuit Market Scope and Market Size

Hybrid photonic integrated circuit market is segmented on the basis of component, raw material, application and end user. 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.

  • Hybrid photonic integrated circuit market on the basis of component has been segmented as lasers, modulators, photo detectors, attenuators, and optical amplifiers.  
  • On the basis of raw material, the hybrid photonic integrated circuit market has been segmented into gallium arsenide, indium phosphide, silica on silicon, silicon on insulator, and lithium niobate.
  • On the basis of application, the hybrid photonic integrated circuit market has been segmented into optical fiber communication, optical fiber sensor, biomedical, quantum computing, and others.
  • Hybrid photonic integrated circuit has also been segmented on the basis of end user into military and defence, aerospace, communication and technology, telecommunication, energy and power, healthcare, and others.

Hybrid Photonic Integrated Circuit Market Country Level Analysis

Hybrid photonic integrated circuit market is analysed and market size, volume information is provided by country, component, raw material, application and end user as referenced above.

The countries covered in the hybrid 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).

North America will dominate the hybrid photonic integrated circuit market due to the increasing adoption of PICs in communications and sensing applications along with surging levels of investment for the development of infrastructure while Asia-Pacific region will expect to grow in the forecast period of 2021-2028 due to the increasing demand from the developing information technology industry in the region.  

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Hybrid Photonic Integrated Circuit Market Share Analysis

Hybrid photonic integrated circuit market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to hybrid photonic integrated circuit market.

The major players covered in the hybrid photonic integrated circuit market report are Agilent Technologies, Inc.; Ciena Corporation; EMCORE Corporation.; Enablence Technologies, Inc.; II-VI Incorporated; Hewlett-Packard Development Company, L.P.; Infinera Corporation.; Intel Corporation; VIAVI Solutions Inc.; NeoPhotonics Corporation; Broadcom; Shin-Etsu Chemical Co., Ltd.; Nikon Instruments Inc; Corning Incorporated; American Elements.; AGC Inc.; Cisco; TRUMPF; GENERAL ELECTRIC; Hitachi, Ltd.; SMG; LG Display Co., Ltd; 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.


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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