Photonic Integrated Circuit Market Size, Share, and Trends 2025 to 2034

The global photonic integrated circuit market size is calculated at USD 17.93 billion in 2025 and is forecasted to reach around USD 97.62 billion by 2034, accelerating at a CAGR of 20.72% from 2025 to 2034. The North America market size surpassed USD 5.20 billion in 2024 and is expanding at a CAGR of 20.88% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : June 2025
  • Report Code : 6206
  • Category : Semiconductor and Electronic

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Photonic Integrated Circuit Market 

5.1. COVID-19 Landscape: Photonic Integrated Circuit Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Photonic Integrated Circuit Market, By Integration Type

8.1. Photonic Integrated Circuit Market Revenue and Volume, by Integration Type

8.1.1. Monolithic Integration

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Hybrid Integration

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Module Integration

8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. Global Photonic Integrated Circuit Market, By Component

9.1. Photonic Integrated Circuit Market Revenue and Volume, by Component

9.1.1. Lasers

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Modulators

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Photodetectors

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Waveguides

9.1.4.1. Market Revenue and Volume Forecast

9.1.5. Multiplexers/Demultiplexers

9.1.5.1. Market Revenue and Volume Forecast

9.1.5. Attenuators

9.1.5.1. Market Revenue and Volume Forecast

 

9.1.5. Optical Amplifiers

9.1.5.1. Market Revenue and Volume Forecast

9.1.5. Others

9.1.5.1. Market Revenue and Volume Forecast

Chapter 10. Global Photonic Integrated Circuit Market, By Material 

10.1. Photonic Integrated Circuit Market Revenue and Volume, by Material

10.1.1. Indium Phosphide (InP)

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Silicon-on-Insulator (SOI)

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Silicon Photonics             

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. Gallium Arsenide (GaAs)

10.1.4.1. Market Revenue and Volume Forecast

10.1.5. Lithium Niobate

10.1.5.1. Market Revenue and Volume Forecast

10.1.5. Others

10.1.5.1. Market Revenue and Volume Forecast

Chapter 11. Global Photonic Integrated Circuit Market, By Application

11.1. Photonic Integrated Circuit Market Revenue and Volume, by Application

11.1.1. Optical Communication

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Sensing

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Biophotonics

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Optical Signal Processing

11.1.4.1. Market Revenue and Volume Forecast

11.1.5. Quantum Computing

11.1.5.1. Market Revenue and Volume Forecast

11.1.5. Others (e.g., LiDAR)

11.1.5.1. Market Revenue and Volume Forecast

Chapter 12. Global Photonic Integrated Circuit Market, By End Use

12.1. Photonic Integrated Circuit Market Revenue and Volume, by End Use

12.1.1. Telecommunications

12.1.1.1. Market Revenue and Volume Forecast

12.1.2. Data Centers

12.1.2.1. Market Revenue and Volume Forecast

12.1.3. Consumer Electronics

12.1.3.1. Market Revenue and Volume Forecast

12.1.4. Healthcare & Life Sciences

12.1.4.1. Market Revenue and Volume Forecast

12.1.5. Defense & Aerospace

12.1.5.1. Market Revenue and Volume Forecast

12.1.6. Industrial

12.1.6.1. Market Revenue and Volume Forecast

12.1.7. Automotive

12.1.7.1. Market Revenue and Volume Forecast

12.1.8. Others

12.1.8.1. Market Revenue and Volume Forecast

Chapter 13. Global Photonic Integrated Circuit Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Volume Forecast, by Integration Type

13.1.2. Market Revenue and Volume Forecast, by Component

13.1.3. Market Revenue and Volume Forecast, by Material

13.1.4. Market Revenue and Volume Forecast, by Application

13.1.5. Market Revenue and Volume Forecast, by End Use

13.1.6. U.S.

13.1.6.1. Market Revenue and Volume Forecast, by Integration Type

13.1.6.2. Market Revenue and Volume Forecast, by Component

13.1.6.3. Market Revenue and Volume Forecast, by Material

13.1.6.4. Market Revenue and Volume Forecast, by Application

13.1.6.5. Market Revenue and Volume Forecast, by End Use  

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Volume Forecast, by Integration Type

13.1.7.2. Market Revenue and Volume Forecast, by Component

13.1.7.3. Market Revenue and Volume Forecast, by Material

13.1.7.4. Market Revenue and Volume Forecast, by Application

13.1.7.5. Market Revenue and Volume Forecast, by End Use

13.2. Europe

13.2.1. Market Revenue and Volume Forecast, by Integration Type

13.2.2. Market Revenue and Volume Forecast, by Component

13.2.3. Market Revenue and Volume Forecast, by Material

13.2.4. Market Revenue and Volume Forecast, by Application  

13.2.5. Market Revenue and Volume Forecast, by End Use  

13.2.6. UK

13.2.6.1. Market Revenue and Volume Forecast, by Integration Type

13.2.6.2. Market Revenue and Volume Forecast, by Component

13.2.6.3. Market Revenue and Volume Forecast, by Material

13.2.7. Market Revenue and Volume Forecast, by Application  

13.2.8. Market Revenue and Volume Forecast, by End Use  

13.2.9. Germany

13.2.9.1. Market Revenue and Volume Forecast, by Integration Type

13.2.9.2. Market Revenue and Volume Forecast, by Component

13.2.9.3. Market Revenue and Volume Forecast, by Material

13.2.10. Market Revenue and Volume Forecast, by Application

13.2.11. Market Revenue and Volume Forecast, by End Use

13.2.12. France

13.2.12.1. Market Revenue and Volume Forecast, by Integration Type

13.2.12.2. Market Revenue and Volume Forecast, by Component

13.2.12.3. Market Revenue and Volume Forecast, by Material

13.2.12.4. Market Revenue and Volume Forecast, by Application

13.2.13. Market Revenue and Volume Forecast, by End Use

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Volume Forecast, by Integration Type

13.2.14.2. Market Revenue and Volume Forecast, by Component

13.2.14.3. Market Revenue and Volume Forecast, by Material

13.2.14.4. Market Revenue and Volume Forecast, by Application

13.2.15. Market Revenue and Volume Forecast, by End Use

13.3. APAC

13.3.1. Market Revenue and Volume Forecast, by Integration Type

13.3.2. Market Revenue and Volume Forecast, by Component

13.3.3. Market Revenue and Volume Forecast, by Material

13.3.4. Market Revenue and Volume Forecast, by Application

13.3.5. Market Revenue and Volume Forecast, by End Use

13.3.6. India

13.3.6.1. Market Revenue and Volume Forecast, by Integration Type

13.3.6.2. Market Revenue and Volume Forecast, by Component

13.3.6.3. Market Revenue and Volume Forecast, by Material

13.3.6.4. Market Revenue and Volume Forecast, by Application

13.3.7. Market Revenue and Volume Forecast, by End Use

13.3.8. China

13.3.8.1. Market Revenue and Volume Forecast, by Integration Type

13.3.8.2. Market Revenue and Volume Forecast, by Component

13.3.8.3. Market Revenue and Volume Forecast, by Material

13.3.8.4. Market Revenue and Volume Forecast, by Application

13.3.9. Market Revenue and Volume Forecast, by End Use

13.3.10. Japan

13.3.10.1. Market Revenue and Volume Forecast, by Integration Type

13.3.10.2. Market Revenue and Volume Forecast, by Component

13.3.10.3. Market Revenue and Volume Forecast, by Material

13.3.10.4. Market Revenue and Volume Forecast, by Application

13.3.10.5. Market Revenue and Volume Forecast, by End Use

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Volume Forecast, by Integration Type

13.3.11.2. Market Revenue and Volume Forecast, by Component

13.3.11.3. Market Revenue and Volume Forecast, by Material

13.3.11.4. Market Revenue and Volume Forecast, by Application

13.3.11.5. Market Revenue and Volume Forecast, by End Use

13.4. MEA

13.4.1. Market Revenue and Volume Forecast, by Integration Type

13.4.2. Market Revenue and Volume Forecast, by Component

13.4.3. Market Revenue and Volume Forecast, by Material

13.4.4. Market Revenue and Volume Forecast, by Application

13.4.5. Market Revenue and Volume Forecast, by End Use

13.4.6. GCC

13.4.6.1. Market Revenue and Volume Forecast, by Integration Type

13.4.6.2. Market Revenue and Volume Forecast, by Component

13.4.6.3. Market Revenue and Volume Forecast, by Material

13.4.6.4. Market Revenue and Volume Forecast, by Application

13.4.7. Market Revenue and Volume Forecast, by End Use

13.4.8. North Africa

13.4.8.1. Market Revenue and Volume Forecast, by Integration Type

13.4.8.2. Market Revenue and Volume Forecast, by Component

13.4.8.3. Market Revenue and Volume Forecast, by Material

13.4.8.4. Market Revenue and Volume Forecast, by Application

13.4.9. Market Revenue and Volume Forecast, by End Use

13.4.10. South Africa

13.4.10.1. Market Revenue and Volume Forecast, by Integration Type

13.4.10.2. Market Revenue and Volume Forecast, by Component

13.4.10.3. Market Revenue and Volume Forecast, by Material

13.4.10.4. Market Revenue and Volume Forecast, by Application

13.4.10.5. Market Revenue and Volume Forecast, by End Use

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Volume Forecast, by Integration Type

13.4.11.2. Market Revenue and Volume Forecast, by Component

13.4.11.3. Market Revenue and Volume Forecast, by Material

13.4.11.4. Market Revenue and Volume Forecast, by Application

13.4.11.5. Market Revenue and Volume Forecast, by End Use

13.5. Latin America

13.5.1. Market Revenue and Volume Forecast, by Integration Type

13.5.2. Market Revenue and Volume Forecast, by Component

13.5.3. Market Revenue and Volume Forecast, by Material

13.5.4. Market Revenue and Volume Forecast, by Application

13.5.5. Market Revenue and Volume Forecast, by End Use

13.5.6. Brazil

13.5.6.1. Market Revenue and Volume Forecast, by Integration Type

13.5.6.2. Market Revenue and Volume Forecast, by Component

13.5.6.3. Market Revenue and Volume Forecast, by Material

13.5.6.4. Market Revenue and Volume Forecast, by Application

13.5.7. Market Revenue and Volume Forecast, by End Use

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Volume Forecast, by Integration Type

13.5.8.2. Market Revenue and Volume Forecast, by Component

13.5.8.3. Market Revenue and Volume Forecast, by Material

13.5.8.4. Market Revenue and Volume Forecast, by Application

13.5.8.5. Market Revenue and Volume Forecast, by End Use

Chapter 14. Company Profiles

14.1. Lumentum Operations LLC

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. POET Technologies

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Coherent Corp.

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Infinera Corporation

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Intel Corporation

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Cisco Systems Inc.

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Source Photonics.

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Caliopa (Huawei Technologies Co. Ltd)

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. EFFECT PHOTONICS

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. ANSYS, Inc

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The global photonic integrated circuit market is expected to increase from USD 14.85 billion in 2024 to USD 97.62 billion by 2034.

The photonic integrated circuit marketis expected to grow at a compound annual growth rate (CAGR) of around 20.72 from 2025 to 2034.

The major players in the photonic integrated circuit market include Lumentum Operations LLC, POET Technologies, Coherent Corp., Infinera Corporation, Intel Corporation Cisco Systems Inc., Source Photonics., Caliopa (Huawei Technologies Co. Ltd), EFFECT PHOTONICS, and ANSYS, Inc.

The driving factors of the photonic integrated circuit market are the growing demand for high-speed data transfer and communication in data centers and cloud computing servers is driving the growth of the photonic integrated circuit market.

North America region will lead the global photonic integrated circuit market during the forecast period 2025 to 2034.

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