Photonic Integrated Circuit (IC) & Quantum Computing Market (2012 – 2022): By Application (Optical Fiber Communication, Optical Fiber Sensors, Biomedical)

The total market is expected to reach $1,547.6 million by 2022, at a CAGR of 26.3%.

Photonic integrated circuit (PIC) is an innovative technology which simplifies the optical system design, reduces the size, power consumption and also improves reliability. Photonic integrated circuit is conceptually very similar to an electronic IC. It is on the edge of computing with the advent of smaller, not expensive optical interconnects, covering fields from communications and security to biomedicine and entertainment.

Browse 104 market data tables with 30 figures spread through 236 pages and in-depth TOC of “Photonic Integrated Circuit (IC) & Quantum Computing Market (2012 – 2022): By Application (Optical Fiber Communication, Optical Fiber Sensors, Biomedical); Components (Lasers, Attenuators); Raw Materials (Silica on Silicon, Silicon on Insulator)”.

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Optical fiber communication is the major application of photonic integrated circuit. The massive data generated by bandwidth heavy multimedia content, growing number of users, is creating a need for network to support gigabit transmission speeds. The demand of high speed communication is driving the market of optical fiber communication. Photonic IC is also being used in optical sensor. The sensing photonic integrated circuit is powered by fiber or free space enabling applications requiring wireless operation of the sensing-PIC, as in wind turbines, airplane propellers or rotor blades of helicopters. Such applications make use of receivers and transmitters which are specially designed for free-space optical communication. Photonic ICs are also being used in biomedical for the diagnostic analysis of opaque skin tissue.

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Indium Phosphide is one of the major raw materials used in photonic ICs. Indium Phosphide has the capability of cost-effective mass production using standard high-yield, batch semiconductor manufacturing processes; whereas silicon based Photonic IC has the highest growth potential as it is easy to fabricate and multiple function can be integrated in the chip. Silicon based photonic IC is easy to manufacture as the existing foundries for electronic ICs can be utilized with a small modification.

Hybrid, monolithic and module are the three integration technique of photonic integrated circuit. Currently hybrid and module is the major integration technology used in photonic ICs but in the coming ten year it is expected that monolithic will have highest growth potential as it has the ability to integrate medium and large scale PICs. Some of the major players in the photonic integrated circuit market are Infinera (U.S.), Alcatel Liucent (U.S.), Neophotonics (U.S.), JDSU (U.S.) Kotura (U.S.), and many more