Photonic Integrated Circuit Market Impact of COVID-19, Demands, Price and Gross Margin till 2028
                     Photonic Integrated Circuit Market Impact of COVID-
19, Demands, Price and Gross Margin till 2028
Photonic Integrated Circuit Market, By Component (Optical Laser, Modulator, Detector, 
Transceivers, Attenuators, Multiplexer/ Demultiplexer (MUX/DEMUX) amd Optical 
Amplifiers), Raw Material (III-V Material, Lithium Niobate, Indium Phosphide, Silica-on-
Silicon, Gallium Arsenide, Silicon, Quantum Dots, Silicon-on-Insulator and Others), 
Integration (Hybrid, Monolithic and Module) Application (Optical Communications, 
Sensing, Optical Signal Processing and Bio Photonics), End Users (Telecommunications, 
Biomedical, Data Centres and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, 
Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, 
Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, 
Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, 
U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and 
Forecast to 2028
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Market Analysis and Insights 
A photonic integrated circuit is an optical circuit that is similar in functioning to 
integrated electronic circuit. A photonic integrated circuit incorporates several optical 
components which are used to transfer huge data at a very high speed. A photonic 
integrated circuit is used by the various end user verticals such as telecommunications, 
biomedical, data centres and others.
Upsurge in the demand for application in multiplexers, lasers, modulators and optical 
amplifiers is inducing growth in the demand for photonic integrated circuit. Rising 
advancements in the wireless technology will further create lucrative growth 
opportunities for the photonic integrated circuit market. Also, increasing demand for 
technological solutions that offer high speed data transmission facilities will further 
promote the demand for photonic integrated circuits.
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Major Key Players
Some of the major players operating in this market are : 
• NeoPhotonics Corporation
• POET Technologies
• Infinera Corporation.
• Intel Corporation
• Luxtera, Lumentum Operations LLC
• ColorChip
• Finisar Corporation
• Huawei Technologies Co., Ltd.,
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Market Segmentation
• By Component (Optical Laser, Modulator, Detector, Transceivers, 
Attenuators, Multiplexer/ Demultiplexer (MUX/DEMUX) amd Optical 
Amplifiers)
• By Application (Optical Communications, Sensing, Optical Signal Processing 
and Bio Photonics)
• By End Users (Telecommunications, Biomedical, Data Centres and Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical 
regions
    North America
       Europe
       Asia-Pacific
       South America
       Middle East 
       Africa
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