“Photonic Integrated Circuit (IC) & Quantum Computing Market-By Application (Optical Fiber Communication, Optical Fiber Sensors, Biomedical), Integration (Hybrid, Module & Monolithic), Components, Raw Materials & Geography (2012 – 2022)” is the latest addition to the online reports library of RnR Market Research.
Dallas, Texas (PRWEB) December 09, 2012
Photonic Integrated circuits (PIC) is a breakthrough technology as it uses photons (smallest unit of light) as the data carrier instead of electrons (smallest unit of electricity) used in electronic ICs. As light travels at very high speeds, PIC technology is widely used to transfer huge amounts of data at a very high speed. Thus the PIC based products are primarily deployed in the field of optical fiber communications. Photonic integrated circuits market is growing at a phenomenal rate as it provides significant improvements in system size, power consumption, reliability and cost. The development of silicon photonics technology has helped in large scale manufacturing of PICs at low cost. Also current leading players have developed monolithically integrated Indium Phosphide (InP) based PICs that can integrate more than 600 components/functions in a single chip. Thus there is a huge competition in the market as each player is trying to innovate PIC based products which would be able to integrate large amounts of functions/components at low cost.
Optical sensors application is the other promising application in this market. It is used in fields like defense, aerospace, energy, transportation, medicine and other emerging fields. Quantum computing is another application of PICs which is forecasted to be commercialized in 2017. This technology is expected to completely revolutionize the computing industry. PICs are also used in biomedical field. InP-based application specific photonic ICs are being used for the diagnostic analysis of opaque skin tissue. The technique principally used here is Optical Coherence Tomography (OCT) or Raman Scatterometry.
At present North America has the largest market for PIC based products, especially in data centers and WAN applications of optical fiber communications. However, APAC is the largest player in the access network application of optical fiber communications right now. North America is the leader in PIC market with 49% market share however it is estimated that APAC will emerge as the market leader by 2022 growing at a CAGR of 35.9% from 2012 to 2022.
The report covers recent developments in the PIC industry like NeoPhotonics (U.S.) acquiring Santur Corporation (U.S.) in October 2011 and the acquisition of Opnext (U.S.) by Oclaro(U.S.). Several other acquisitions, mergers, new product launch, agreements etc. have taken place recently and are discussed in the report.
The growth of Photonic IC market is expected to be phenomenal with the revenue growth from $150.4 million in 2012 to $1,547.6 million by 2022, at an estimated CAGR of 26.3% from 2012 to 2022. The major players in the PICs industry are Infinera Corporation (U.S.), NeoPhotonics Corporation (U.S.), Oclaro (U.S.), Luxtera (U.S.), Kotura (U.S.), OneChip Photonics (CA) etc These players have played a great role in changing the market dynamics. For example Infinera has introduced 500 Gb/s PICs used in long haul flex coherent super channels. The main features of this product are simplicity, scalability, efficiency and reliability. On the other hand Neophotonics has developed an Optical Line Terminal Transceiver using Photonic Integrated Circuit Technology which is designed to lower the overall cost of FTTH network installation.
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Scope of the report
This research report categorizes the global PIC market, based on integration, raw materials and applications; it also covers the forecasted revenue from 2012 to 2022 and future applications of PIC. It describes the deployments of PIC technology in various regions. The report describes the applications mapping of the PIC market with respect to the growth potential and adoption by the users.
On the basis of Integration
The global PIC market on the basis of integration consists of module, hybrid and monolithic PICs. The report covers the market of PICs based on these integration techniques across North America, Europe, Asia-Pacific, and ROW.
On the basis of Raw Materials
The PIC market has also been segregated based on raw materials used to fabricate PICs such as Lithium Niobate, Silica on Silicon, silicon on Insulator, Indium Phosphide and allium Arsenide.
On the basis of application areas
Application areas of Photonic Integrated Circuit have been categorized into Optical Fiber communication, optical fiber sensors, Biomedical and quantum computing. The market trend for these applications is discussed
On the basis of geography
Geographical analysis covers North America, Europe, Asia-Pacific, and ROW.
Browse more reports on Electronics Market @ http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/electronics
Contact sales@rnrmarketresearch.com for further information.
Dallas, Texas (PRWEB) December 09, 2012
Photonic Integrated circuits (PIC) is a breakthrough technology as it uses photons (smallest unit of light) as the data carrier instead of electrons (smallest unit of electricity) used in electronic ICs. As light travels at very high speeds, PIC technology is widely used to transfer huge amounts of data at a very high speed. Thus the PIC based products are primarily deployed in the field of optical fiber communications. Photonic integrated circuits market is growing at a phenomenal rate as it provides significant improvements in system size, power consumption, reliability and cost. The development of silicon photonics technology has helped in large scale manufacturing of PICs at low cost. Also current leading players have developed monolithically integrated Indium Phosphide (InP) based PICs that can integrate more than 600 components/functions in a single chip. Thus there is a huge competition in the market as each player is trying to innovate PIC based products which would be able to integrate large amounts of functions/components at low cost.
Optical sensors application is the other promising application in this market. It is used in fields like defense, aerospace, energy, transportation, medicine and other emerging fields. Quantum computing is another application of PICs which is forecasted to be commercialized in 2017. This technology is expected to completely revolutionize the computing industry. PICs are also used in biomedical field. InP-based application specific photonic ICs are being used for the diagnostic analysis of opaque skin tissue. The technique principally used here is Optical Coherence Tomography (OCT) or Raman Scatterometry.
At present North America has the largest market for PIC based products, especially in data centers and WAN applications of optical fiber communications. However, APAC is the largest player in the access network application of optical fiber communications right now. North America is the leader in PIC market with 49% market share however it is estimated that APAC will emerge as the market leader by 2022 growing at a CAGR of 35.9% from 2012 to 2022.
The report covers recent developments in the PIC industry like NeoPhotonics (U.S.) acquiring Santur Corporation (U.S.) in October 2011 and the acquisition of Opnext (U.S.) by Oclaro(U.S.). Several other acquisitions, mergers, new product launch, agreements etc. have taken place recently and are discussed in the report.
The growth of Photonic IC market is expected to be phenomenal with the revenue growth from $150.4 million in 2012 to $1,547.6 million by 2022, at an estimated CAGR of 26.3% from 2012 to 2022. The major players in the PICs industry are Infinera Corporation (U.S.), NeoPhotonics Corporation (U.S.), Oclaro (U.S.), Luxtera (U.S.), Kotura (U.S.), OneChip Photonics (CA) etc These players have played a great role in changing the market dynamics. For example Infinera has introduced 500 Gb/s PICs used in long haul flex coherent super channels. The main features of this product are simplicity, scalability, efficiency and reliability. On the other hand Neophotonics has developed an Optical Line Terminal Transceiver using Photonic Integrated Circuit Technology which is designed to lower the overall cost of FTTH network installation.
Buy your copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=63661
Scope of the report
This research report categorizes the global PIC market, based on integration, raw materials and applications; it also covers the forecasted revenue from 2012 to 2022 and future applications of PIC. It describes the deployments of PIC technology in various regions. The report describes the applications mapping of the PIC market with respect to the growth potential and adoption by the users.
On the basis of Integration
The global PIC market on the basis of integration consists of module, hybrid and monolithic PICs. The report covers the market of PICs based on these integration techniques across North America, Europe, Asia-Pacific, and ROW.
On the basis of Raw Materials
The PIC market has also been segregated based on raw materials used to fabricate PICs such as Lithium Niobate, Silica on Silicon, silicon on Insulator, Indium Phosphide and allium Arsenide.
On the basis of application areas
Application areas of Photonic Integrated Circuit have been categorized into Optical Fiber communication, optical fiber sensors, Biomedical and quantum computing. The market trend for these applications is discussed
On the basis of geography
Geographical analysis covers North America, Europe, Asia-Pacific, and ROW.
Browse more reports on Electronics Market @ http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/electronics
Contact sales@rnrmarketresearch.com for further information.
Photonic Integrated Circuit (IC) Market: 2022 Forecasts CAGR of 26.3% in New Research Report at RnRMarketResearch.com
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Photonic Integrated Circuit (IC) Market: 2022 Forecasts CAGR of 26.3% in New Research Report at RnRMarketResearch.com
