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Photonic Integrated Circuit Market 鈥?Comparative Analysis by 2026
by elizabethmock1248 · June 24, 2019
Optical technology makes the world of communication more compact and discrete and offers high performance as compared to electronics devices. Photonic integrated circuits are expected to emerge as a new technology in optical systems during the forecast period. The growing need to develop and deploy high-speed data transmissions is one of the major factors driving the demand for photonic integrated circuits. Also, the ability to leverage mass manufacturing Kyle Lowry Kids Jersey , coupled with the fabrication of highly integrated circuits that can support hundreds of functions, is also one of the major factors expected to create potential growth opportunities for the photonic integrated circuit market.
A photonic integrated circuit is a complex integrated circuit that incorporates a lot of optical devices such as modulators, optical amplifiers, lasers and multiplexers to form a single photonic circuit. It provides functions for information signals imposed on optical wavelengths typically in the visible spectrum or near infrared 850 nm-1650 nm. Photonic integrated circuits are commonly used as optical (de)multiplexers in wavelength division multiplexed (WDM) fibre-optic communication systems. Therefore, with the growing demand for fibre-optic communication systems, the adoption of photonic integrated circuits is expected to rise during the forecast period.
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Global Photonic Integrated Circuit Market: Drivers and Challenges
Drivers
The increasing demand for photonic integrated circuits in multiplexers and DE multiplexers, lasers Serge Ibaka Youth Jersey , modulators and optical amplifiers is the primary factor driving the growth of the photonic integrated circuit market. Also, the rapid advancements in technology such as wireless charging and energy conversion are also some of the major factors driving the growth of the photonic integrated circuit market. Moreover, the wide range of applications of photonic integrated circuits in high-end computing, servers & data centres, and military & aerospace drives the demand for photonic integrated circuits. Furthermore, the boom in the tablets, smartphones and gaming devices is fuelling the growth of the photonic integrated circuit market.
Apart from this C.J. Miles Youth Jersey , the increasing demand for high data transmission capacity and speed, particularly in data centre applications, has been driving the growth of the global photonic integrated circuit market. Also, the demand for photonic integrated circuits is expected to rise as photonic integrated circuits provide high bandwidth for use to customers, which is increasing the rate of operation.
Challenges
One of the major challenges that hampers the growth of the photonic integrated circuit market is the fact that photonic integrated circuits may be affected by the neutron flux effect, which may cause a loss in some of its functions. Also, the rising issues related to the packaging and design of photonic integrated circuits are impeding the growth of the overall photonic integrated circuit market.
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Market Participants聽
Some of the prominent players in the photonic integrated circuit market are Infinera Corporation DeMar DeRozan Youth Jersey , Huawei Technologies, Intel, NeoPhotonics Corporation, OneChip Photonics, Avago Technologies, Ciena, Oclaro Kyle Lowry Youth Jersey , Emcore Corporation, Ciena Corporation, Avago Technologies, Cyoptics, Aifotec AG, Enablence Technologies and Agilent Technologies.
Global Photonic Integrated Circuit Market: Regional Overview