The Photonic Integrated Circuit Market to Grow steadily at a CAGR of +28% during the forecast period.
PIC is contemplated to grow as one of the most reliable and promising solutions for the optoelectronic devices owing to its higher efficiency, low energy consumption, and higher operational speed. It is a notable competitor of the systems based entirely on electronic devices as it offers a higher bandwidth. Photonic integrated circuit will prove to be a revolution in the future in its sector owing to its technological advancement. Unlike other systems that use electrons, it uses protons as data carriers. Integration of several functionalities can be done in a single chip owing to the development in the integrated indium phosphide based PIC at a modest cost.
The report on the Global Photonic Integrated Circuit Market is a complete overview of the market, covering various aspects product definition, segmentation based on various parameters, and the prevailing vendor landscape. It compiles in-depth information and research methodologies. It is also combined with relevant charts and tables to enable readers to get a better perspective of this global market.
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Companies Profiled in this report includes, Infinera, NeoPhotonics, Luxtera, Oclaro, Mellanox, Avago Technologies, OneChip Photonics, JDS Uniphase Corporation, Huawei Technologies, Alcatel-Lucent, and others.
On the basis of end-users, photonic integrated circuit market is segmented as military and defense, aerospace, telecommunications, communication and technology, energy and power, healthcare, and others. Sectors like telecommunications, and communication and technology will experience the highest demand owing to their ability to process huge quantities of data at enormous speeds which makes them a significant contributor in intensifying the transmission capacity of the optical fiber communications. It is a groundbreaking technology which not only improves the performance but is also reliable in providing features such as reduction in power consumption and heat dissipation.
The global market for photonic integrated circuits is expected to top $1.8 billion by 2022, a 27.5% jump. Need for the new technology is being driven by the desire for high speed data transfer, including rapid industrialization, last mile connectivity, and improved efficiency with real-time data availability. A newly-developed laser modulator can encode optical data at the rate of 40 billion bits per second.
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In this market research, analysts have estimated eminent factors, such as the emergence of social media analytics to spur market growth during the forecast period. Over the past few years, social media has emerged as a primary data source for most retail organizations as they can obtain instant feedback about their products and services through blogs and social networking sites. A rapid increase in the number of social media sites has created an augmented demand to track user interactions on these sites.
In the last section of the report, the foremost manufacturers operating in the Global Photonic Integrated Circuit Market have been presented. These manufacturers have been investigated in terms of key characteristics such as gross, cost, gross margin, income, product specifications, product scenario, company outline, and contact information.
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Table of Contents
Global Photonic Integrated Circuit Market Research Report 2017
Chapter 1 Photonic Integrated Circuit Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Global Market Effect Factors Analysis
Chapter 12 Global Market Forecast