North America Photonic Integrated Circuit Market Size, Share & Trends Analysis Report By Integration Process (Hybrid and Monolithic), By Application, By Material, By Country and Growth Forecast, 2024

List of Tables

The North America Photonic Integrated Circuit Market would witness market growth of 9.8% CAGR during the forecast period (2024-2031).

The US market dominated the North America Photonic Integrated Circuit Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $7,019.2 million by 2031. The Canada market is experiencing a CAGR of 12.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 11.3% during (2024 - 2031).

A PIC is a microchip that integrates multiple photonic functions onto a single substrate or chip. Unlike traditional electronic circuits, which use electrons to transmit and process information, PICs use light (photons) to perform similar tasks, enabling the manipulation of optical signals for various applications. This integration allows combining different optical components, such as lasers, modulators, detectors, and waveguides, into a compact and efficient device.

This market is emerging as a transformative sector within the broader technology landscape. It leverages the unique advantages of light-based technologies to revolutionize communication, sensing, and data processing. As the demand for high-speed data transmission, advanced telecommunications, and smart technologies continues to escalate, photonics has never been more critical.

The market landscape for these circuits in North America is vibrant and diverse. Government initiatives across the region foster an environment conducive to innovation and technological advancement in telecommunications and biomedical applications. The focus on enhancing infrastructure and digital connectivity drives the demand for advanced photonic solutions, particularly in telecommunications, where the need for high-speed data transmission is critical. This market is gaining traction in Mexico, particularly telecommunications. Mexico's telecom sector is growing, with data from the government indicating that the industry generated MXN 431 billion in revenue in the first quarter of 2024. The government has prioritized initiatives like the Digital Agenda for Mexico, which aims to enhance digital infrastructure and improve access to high-speed internet. This focus on connectivity creates opportunities to adopt PIC technologies that facilitate faster data transfer and enhance network capabilities. Therefore, as these nations prioritize technology and innovation, North America's photonic integrated circuit market is poised for substantial growth.

Based on Integration Process, the market is segmented into Hybrid and Monolithic. Based on Application, the market is segmented into Data Centers, Telecommunication, Biomedical, and Other Application. Based on Material, the market is segmented into III-V Material, Lithium Niobate, Silica-on-silicon, and Other Material. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Agilent Technologies, Inc.
Broadcom, Inc.
TE Connectivity Ltd.
Hewlett Packard Enterprise Company
Nokia Corporation
Coherent Corp.
Intel Corporation
Cisco Systems, Inc.
Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Juniper Networks, Inc.

North America Photonic Integrated Circuit Market Report Segmentation

By Integration Process

Hybrid
Monolithic

By Application

Data Centers
Telecommunication
Biomedical
Other Application

By Material

III-V Material
Lithium Niobate
Silica-on-silicon
Other Material

By Country

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Photonic Integrated Circuit Market, by Integration Process
- 1.4.2 North America Photonic Integrated Circuit Market, by Application
- 1.4.3 North America Photonic Integrated Circuit Market, by Material
- 1.4.4 North America Photonic Integrated Circuit Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

4.1 Market Share Analysis, 2023
4.2 Strategies Deployed in Photonic Integrated Circuit Market.
4.3 Porter Five Forces Analysis

Chapter 5. North America Photonic Integrated Circuit Market by Integration Process

5.1 North America Hybrid Market by Country
5.2 North America Monolithic Market by Country

Chapter 6. North America Photonic Integrated Circuit Market by Application

6.1 North America Data Centers Market by Country
6.2 North America Telecommunication Market by Country
6.3 North America Biomedical Market by Country
6.4 North America Other Application Market by Country

Chapter 7. North America Photonic Integrated Circuit Market by Material

7.1 North America III-V Material Market by Country
7.2 North America Lithium Niobate Market by Country
7.3 North America Silica-on-silicon Market by Country
7.4 North America Other Material Market by Country

Chapter 8. North America Photonic Integrated Circuit Market by Country

8.1 US Photonic Integrated Circuit Market
- 8.1.1 US Photonic Integrated Circuit Market by Integration Process
- 8.1.2 US Photonic Integrated Circuit Market by Application
- 8.1.3 US Photonic Integrated Circuit Market by Material
8.2 Canada Photonic Integrated Circuit Market
- 8.2.1 Canada Photonic Integrated Circuit Market by Integration Process
- 8.2.2 Canada Photonic Integrated Circuit Market by Application
- 8.2.3 Canada Photonic Integrated Circuit Market by Material
8.3 Mexico Photonic Integrated Circuit Market
- 8.3.1 Mexico Photonic Integrated Circuit Market by Integration Process
- 8.3.2 Mexico Photonic Integrated Circuit Market by Application
- 8.3.3 Mexico Photonic Integrated Circuit Market by Material
8.4 Rest of North America Photonic Integrated Circuit Market
- 8.4.1 Rest of North America Photonic Integrated Circuit Market by Integration Process
- 8.4.2 Rest of North America Photonic Integrated Circuit Market by Application
- 8.4.3 Rest of North America Photonic Integrated Circuit Market by Material

Chapter 9. Company Profiles

9.1 Agilent Technologies, Inc.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 SWOT Analysis
9.2 Broadcom, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
  - 9.2.5.1 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
9.3 TE Connectivity Ltd.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
  - 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.6 SWOT Analysis
9.4 Hewlett Packard Enterprise Company
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
  - 9.4.5.1 Product Launches and Product Expansions:
- 9.4.6 SWOT Analysis
9.5 Nokia Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
  - 9.5.5.1 Acquisition and Mergers:
- 9.5.6 SWOT Analysis
9.6 Coherent Corp.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 SWOT Analysis
9.7 Intel Corporation
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
  - 9.7.5.1 Geographical Expansions:
- 9.7.6 SWOT Analysis
9.8 Cisco Systems, Inc.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
  - 9.8.5.1 Acquisition and Mergers:
- 9.8.6 SWOT Analysis
9.9 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 SWOT Analysis
9.10. Juniper Networks, Inc.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 2 North America Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 3 North America Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 4 North America Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 5 North America Hybrid Market by Country, 2020 - 2023, USD Million
TABLE 6 North America Hybrid Market by Country, 2024 - 2031, USD Million
TABLE 7 North America Monolithic Market by Country, 2020 - 2023, USD Million
TABLE 8 North America Monolithic Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 10 North America Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 11 North America Data Centers Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Data Centers Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Telecommunication Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Telecommunication Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Biomedical Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Biomedical Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Other Application Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Other Application Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 20 North America Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 21 North America III-V Material Market by Country, 2020 - 2023, USD Million
TABLE 22 North America III-V Material Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Lithium Niobate Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Lithium Niobate Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Silica-on-silicon Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Silica-on-silicon Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Other Material Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Other Material Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Photonic Integrated Circuit Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Photonic Integrated Circuit Market by Country, 2024 - 2031, USD Million
TABLE 31 US Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 32 US Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 33 US Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 34 US Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 35 US Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 36 US Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 37 US Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 38 US Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 39 Canada Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 40 Canada Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 41 Canada Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 42 Canada Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 43 Canada Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 44 Canada Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 45 Canada Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 46 Canada Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 47 Mexico Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 48 Mexico Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 49 Mexico Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 50 Mexico Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 51 Mexico Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 52 Mexico Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 53 Mexico Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 54 Mexico Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 55 Rest of North America Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 56 Rest of North America Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 57 Rest of North America Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 58 Rest of North America Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 59 Rest of North America Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 60 Rest of North America Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 61 Rest of North America Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 62 Rest of North America Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 63 key Information - Agilent Technologies, Inc.
TABLE 64 Key Information - Broadcom, Inc.
TABLE 65 Key information -TE Connectivity Ltd.
TABLE 66 Key Information - Hewlett Packard Enterprise Company
TABLE 67 Key Information - Nokia Corporation
TABLE 68 Key Information - Coherent Corp.
TABLE 69 Key Information - Intel Corporation
TABLE 70 Key Information - Cisco Systems, Inc.
TABLE 71 Key Information - Huawei Technologies Co., Ltd.
TABLE 72 Key Information - Juniper Networks, Inc.

North America Photonic Integrated Circuit Market Size, Share & Trends Analysis Report By Integration Process (Hybrid and Monolithic), By Application, By Material, By Country and Growth Forecast, 2024 - 2031

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