Photonic Integrated Circuit (IC) Market Expected To Reach $ 3227.31 Million By 2023

Report Sellers has added a new market research report “Photo Integrated Circuit (IC) - Global Market Outlook (2017-2023)” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

According to the report, the Global Photonic Integrated Circuit (IC) market is estimated at $ 480.99 million in 2016 and is expected to reach $ 3227.31 million by 2023 growing at a CAGR of 31.3% from 2016 to 2023.

Increase in level of integration and decrease in size of the devices are the key factors fueling the market growth. Low level of digitalization is major restraining factor for the market. Demand for Photonic technology is major opportunity for the market.

By Application, Optical Communications segment is projected to dominate the market due to their cost-effectives and using them as an alternative to data transmission. Increase in demand for PICs in multiplexers and DE multiplexers, lasers, modulators, and optical amplifiers are expected to drive the market.
 
Browse through the complete description and in-depth TOC on “Photo Integrated Circuit Market”
https://www.reportsellers.com/market-research-report/Photonic-Integrated-Circuit-IC-Market
 
Report offering

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

 
Report Segments

• Raw Materials Covered:
  • Silicon-On-Insulator
  • Galium Arsenide
  • Lithium Niobate
  • Indium Phosphide
  • Silica-On-Silicon
  • Other Raw Materials
• Components Covered:
  • Attenuators
  • Modulators
  • Lasers
  • Optical Amplifiers
  • Detectors
  • Photo Detectors
• Applications Covered:
  • Optical Fiber Sensor
  • Biophotonics
  • Optical Signal Processing
  • Biomedical
  • Optical Communications
  • Optical Fiber Communications
  • Other Applications
• Types of Integration Covered:
  • Module Integration
  • Monolithic Integration
  • Hybrid Integration

 
Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • Italy
  • UK
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

 
For the Sample please visit link given below on “Photo Integrated Circuit Market”
https://www.reportsellers.com/market-research-report/Photonic-Integrated-Circuit-IC-Market
 
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