Photonic Integrated Circuits: Global Markets with Special Focus on Silicon Photonics

Report Code: PHO007C

Publish Date: Mar 2025

Publisher: BCC Publishing

Category: Photonics

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Report Highlights

The global market for photonic integrated circuits (PICs) is expected to grow from $13.9 billion in 2024 and projected to reach $24.2 billion by 2029, at a compound annual growth rate (CAGR) of 11.8% from 2024 through 2029.

Report Includes

  • 59 data tables and 40 additional tables
  • In-depth analyses of the global market trends for photonic integrated circuits (PICs), with market revenue data for 2023, estimates for 2024, forecasts for 2026 and 2028, and projected CAGRs through 2029
  • Size and growth forecasts of the global market for PICs, and a corresponding market share analysis by component, integration type, raw material type, application and region
  • Facts and figures pertaining to the market dynamics, technological advances, regulatory landscape, and the impact of macroeconomic factors
  • Insights derived from the Porter’s Five Forces model, as well as global supply chain and PESTLE analyses
  • Review of emerging trends and new developments, with a focus on silicon photonics technology
  • Evaluation of recent patent activity and key granted and published patents
  • Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies
  • Analysis of the industry structure, including companies’ market shares and rankings, strategic alliances, M&A activity and a venture funding outlook
  • Profiles of leading companies, including Infinera, Intel, Cisco Systems, Coherent and Ciena

Report Scope

The report analyzes the photonic integrated circuits (PICs) market across components, integration types, raw materials, and applications, offering insights into key trends and market drivers. The study focuses on components such as transceivers, lasers, modulators, detectors, multiplexers/demultiplexers (MUX/DEMUX), and optical amplifiers, assessing their adoption across diverse applications that include optical communication, sensing, biophotonics, and optical signal processing.

The report provides a comprehensive regional analysis covering North America, Europe, Asia-Pacific, and the Rest of the World (RoW), including Latin America, the Middle East, and Africa. It evaluates the market dynamics, including drivers, challenges, and emerging trends, while highlighting innovations in material design and performance enhancement. The study concludes with an analysis of major market competitors and their offerings. The base year for the study is 2023, with projections for the years 2024 through 2029, including the compound annual growth rate (CAGR) for the forecast period.

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $12.5 Billion
Market size forecast $24.2 Billion
Growth rate CAGR of 11.8% from 2024 to 2029
Units considered $ Millions
Segments covered By Component, Integration Type, Raw Material, Application, and Region
Regions covered North America, Europe, Asia-Pacific, and the Rest of World (Latin America and the Middle East and Africa)
Key Market Drivers
  • Rising demand for high-speed data transmission and processing.
  • Emphasis on enhanced energy efficiency and sustainability.
  • Expanding requirements for device miniaturization and compact solutions.
  • Advances through sustainability initiatives.
Companies studied
AYAR LABSBROADEX TECHNOLOGIES
CIENA CORP.CISCO SYSTEMS INC.
COHERENT CORP.EFFECT PHOTONICS
EMCORE CORP.INFINERA CORP.
INTEL CORP.LUMENTUM OPERATIONS LLC.
POET TECHNOLOGIES INC.POLARITON TECHNOLOGIES AG
SCINTIL PHOTONICSSOURCE PHOTONICS
SUMITOMO ELECTRIC INDUSTRIES LTD.
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Frequently Asked Questions (FAQs)

The global PICs market is projected to reach $24.2 billion by 2029, growing at a CAGR of 11.8%.
The key factors driving the market include:
  • Rising demand for high-speed data transmission and processing.
  • Emphasis on enhanced energy efficiency and sustainability.
  • Expanding requirements for device miniaturization and compact solutions.
  • By Component.
  • By Integration Type.
  • By Raw Material.
  • By Application.
  • By Region.
By Application, the Optical datacom segment is expected to dominate the market by the end of 2029, driven by increasing demand for high-speed data transmission and the growing adoption of advanced communication networks.
North America holds the highest share of the global market owing to advanced technological infrastructure, strong R&D capabilities, and the presence of key industry players.

Analyst Credentials

Austin Samuel – Consultant-Technology Research
Austin Samuel is an experienced professional with nearly a decade of industry experience in research and analysis, specializing in Information Technology. He has conducted extensive research and provided comprehensive syndicate and custom reports on the developments and application of information technology across multiple industries for international and domestic clients. He exhibits exceptional analytical abilities and strategic thinking and has contributed significantly to the team. Academically, Austin holds a master’s degree in Marketing and IT and a bachelor’s degree in Electrical and Electronics.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Photonic Integrated Circuits: Global Markets with Special Focus on Silicon Photonics142Free
Chapter- 1: Executive Summary5Free
Chapter- 2: Market Overview9Free
Chapter- 3: Market Dynamics6Free
Chapter- 4: Regulatory Landscape2Free
Chapter- 5: Emerging Technologies and Patent Analysis6Free
Chapter- 6: Market Segmentation Analysis59Free
Chapter- 7: Competitive Landscape4Free
Chapter- 8: Sustainability in the Global PICs Market: An ESG Perspective5Free
Chapter- 9: Appendix46Free

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This is an Excel-only version of the report.

Report Includes

    Total Number of Tables in this Report: 99

  • Summary Table: Global Market for PICs, by Region, Through 2029
  • Table 1: Porter’s Five Forces: Rating Scale
  • Table 2: Regulatory Scenario of PICs, by Country
  • Table 3: Published Patents on PICs, 2024 and 2025
  • Table 4: Global Market for PICs, by Component, Through 2029
  • Table 5: Global Market for Transceivers in PICs, by Region, Through 2029
  • Table 6: Global Market for Lasers in PICs, by Region, Through 2029
  • Table 7: Global Market for Modulators in PICs, by Region, Through 2029
  • Table 8: Global Market for Detectors in PICs, by Region, Through 2029
  • Table 9: Global Market for MUX/DEMUX in PICs, by Region, Through 2029
  • Table 10: Global Market for Optical Amplifiers in PICs, by Region, Through 2029
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Published - Aug-2017| Analyst - Sinha G. Gaurav| Code - PHO007B

Report Highlights

The global market for photonic integrated circuits reached $426 million in 2016. This market is expected to increase from $539 million in 2017 to $1.8 billion in 2022 at a compound annual growth rate (CAGR) of 27.5% for 2017-2022. 

Report Includes

  • An overview of the global market for photonic integrated circuit (IC) technology.
  • Analyses of global market trends, with data from 2016, estimated for 2017 and projections of compound annual growth rates (CAGRs) through 2022.
  • In-depth breakdown and analysis of the photonic integrated circuit market by application, by components, and by materials.
  • Definition of the market by supply chain, value chain, and future outlook and expectations.
  • Comprehensive profiles of leading companies in the industry.
Published - Mar-2014| Analyst - Sinha G. Gaurav| Code - PHO007A

Report Highlights

The global photonic integrated circuit (IC) technology market reached $165.3 million in 2012. This market is expected to grow to $206.5 million in 2013 and $866.4 million in 2018 with a compound annual growth rate (CAGR) of 33.2% over the five-year period, 2013 to 2018.

Report Includes

  • An overview of the global market for photonic integrated circuit (IC) technology.
  • Analyses of global market trends, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018.
  • In-depth breakdown and analysis of the photonic integrated circuit market by application, by components, and by materials.
  • Definition of the market by supply chain, value chain, and future outlook and expectations.
  • Comprehensive profiles of leading companies in the industry.

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Photonic Integrated Circuits: Global Markets with Special Focus on Silicon Photonics
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