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Silicon Photonics: Technologies and Global MarketsNEW YORK, Aug. 7, 2017 /PRNewswire/ -- Highlights • Patent analysis. • Company profiles Information Sources The various sources used to recognize and collect useful information required for extensive commercial and technical study of the PIC technology market are listed below: • Primary sources o Selected experts from related industries o Preferred suppliers • Secondary sources o E-magazines o Directories o Research papers o White papers o Databases such as OneSource, Factiva, Bloomberg, Sec filings, Reuters • Stock markets such as the TSX, Nasdaq, NYSE (New York Stock Exchange), Australian Securities Exchange (ASX) and London Stock Exchange (LSE) Methodology Primary as well as secondary research was used to evaluate the market. Top-down and bottom-up models were developed to determine volume as well as value wise trends and an estimation of the global market for photonic integrated circuits. Key participants in the market for PICs have been identified through a review of secondary sources such as industry white papers, annual reports, financial reports and published interviews of key opinion leaders (KOLs) from leading companies. During the primary interviews, the KOLs suggested other manufacturers of PICs that were not included in the initial scope of the study. We have further refined the company profile chapter by adding those manufacturers, as suggested by the KOLs. Generally, KOLs include chief executive officers (CEOs), general managers, vice presidents, sales directors, market executives, R&D directors, product managers, procurement managers, export managers, etc. During the research process, the major stakeholders across the value chain of the market for PICs were contacted for primary interviews. In the first phase of the study, market revenues and volumes of PICs were determined by reviewing annual sales reports, analyzing related industry reports, tracking global import and export trends, and monitoring financial parameters related to the market. In the second phase of the study, we conducted primary interviews with KOLs from leading companies in the market to verify our initial estimation gathered through secondary sources. Based on the primary interviews, some of the initial findings were validated and other initial findings were refined. Final values and volume forecasts of the market for PICs were derived through a series of primary interviews with KOLs. For some segments of the market for PICs, no secondary data was available. In those cases, price trends, inflation rates, industrial production indices, purchasing managers' indices (PMIs), etc. were used to estimate data for those market segments. During the primary interviews, these estimates were verified by KOLs. Intended Audience • Manufacturers. • Environmental protection agencies. • End users (industries, including semiconductor and electronics, automotive, aerospace and defense, healthcare and others). • Suppliers. • Raw material providers. • Investors (private equity, venture capital, etc.). Geographic Breakdown In this report, the geographic regions considered for market analysis include, and only include: North America • United States • Mexico • Canada Europe • France • Germany • Italy • U.K. • Russia • CIS Asia-Pacific • China • Japan • Taiwan • South Korea • Australia • Others Rest of the World (RoW) • Middle East • South America Chapter 2: Summary and Highlights A photonic integrated circuit (PIC) is similar to an electronic IC. While the latter integrates many capacitors, transistors and resistors, a PIC integrates multiple optical components such as modulators, lasers, detectors, multiplexers and demultiplexers, attenuators and optical amplifiers. Large-scale PICs, similar to their large-scale electronic counterparts, increase the scope of integration due to dozens of distinct optical components that are integrated into a single device. Traditional electric networks consist of a collection of electronic switches (with various electric components) interconnected through a mesh of optical fiber links over local, metropolitan or wide area networks (WANs). To accommodate the increasing demand for bandwidth and flexibility, these networks are constantly being modified by adding more switches and fibers, increasing the bit rate per fiber and upgrading the size and functionality of the switches. Such increased mesh eventually leads to complex and large networks that are expensive and difficult to install, operate and maintain. Recent emerging trends and advances in optical technology promise a revolutionary all-optical network leading to improved economy, flexibility and strength by making use of the already available large existing fiber base. While the industry faces the challenge of high initial investment, application in various products ranging from the low frequency range to the high frequency range is increasing daily. At present, PICs are successfully being integrated into small devices such as mobile devices and radios, and they are expected to be used in high-end RF and sensing operations in the near future. Silicon photonics is an evolving technology in which data is transferred using optical rays. These optical rays can transfer data at a much faster rate than electrical conductors. This is one of the major factors fueling the usage of silicon photonics in the field of communications. In addition, the field of silicon photonics has gained great momentum recently because it allows for the inexpensive manufacture of optical devices, using standard fabrication techniques, integrated with a microelectronic chip. Photonic integrated circuits find application in various sectors, including optical communications, sensing, biophotonics and optical signal processing. Their application in optical communications accounted for the largest market share in 2016, valued at $254.0 million, and is expected to continue to lead the market throughout the forecast period of 2017 through 2022. Increasing demand for high speed communication with fewer disruptions is one of the major factors fueling the demand for photonic integrated circuits. The global market for photonic integrated circuits was valued at $426.0 million in 2016 and is expected to reach $1.8 billion by 2022, growing at a CAGR of 27.5% from 2017 to 2022. Read the full report: http://www.reportlinker.com/p05045739/Silicon-Photonics-Technologies-and-Global-Markets.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/silicon-photonics-technologies-and-global-markets-300500674.html SOURCE Reportlinker |