Photonic ICs (PIC) Market -Industry News, Applications and Trends! Photonic ICs (PIC) Market -Industry News, Applicat | Page 3

Photonic ICs (PIC) Market to 2025 Ongoing limitation of electronic ICs in search of adding more transistors over a single silicon substrate has pressured the industry to invent a substitute. Furthermore, existing principal players have developed monolithically combined InP-based photonic ICs that assimilates more than 600 components/utilities in a single chip. As a result, there is an enormous competition in the marketplace as every single player is aiming at inventing photonic IC-based products which would be capable of integrating large quantities of functions/utilities at low cost. Budget and magnitude saving accomplished by integrating diverse optical modules, including modulators, detectors, and lasers, into a single package is the key focus area for the players within the photonic ICs market. Rising demands for high speed communication combined with developing application zones, specifically in the arena of sensing, optical communications, and biophotonics have powered the progress of the global photonic ICs market. In addition, high power efficiency, inexpensive fabrication, improved reliability, and high data transfer rates offered by photonic ICs are factors which are expected to propel this market. The use of photons for the drive of offering high-speed information processing, computation, and data transmission offers a sound prospect intended for the development of photonic ICs market. Request for Sample @ http://www.theinsightpartners.com/sample/TIPTE100000109 Contact Us : +1-646-491-9876| E-Mail : [email protected]