Asia Pacific 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

The Asia Pacific Photonic Integrated Circuit Market would witness market growth of 11.0% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Photonic Integrated Circuit Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,125.9 million by 2031. The Japan market is registering a CAGR of 10.3% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 11.8% during (2024 - 2031).

The drive towards sustainability and energy efficiency is increasingly vital to the market's growth. Industries are being compelled to implement more sustainable practices as concerns regarding climate change and environmental degradation become intensified. These circuits offer a pathway to greater energy efficiency, as they typically consume less power than traditional electronic circuits while providing higher performance.

The rapid growth of artificial intelligence (AI) and machine learning (ML) creates a significant demand for high-performance computing infrastructure capable of processing vast amounts of data in real-time. Traditional electronic computing architectures often struggle to meet these demands, leading organizations to seek innovative solutions like PICs. By utilizing light for data transmission and processing, PICs can achieve higher speeds and lower latency than conventional circuits, making them critical in finance, healthcare, and autonomous systems.

This market in the Asia Pacific region is characterized by rapid growth and diverse applications across telecommunications, biomedical, and data center sectors. Countries like China, Japan, South Korea, India, and Australia are at the forefront, leveraging government initiatives to drive innovation and technology adoption. In India, the biomedical sector primarily drives the demand for these circuits. The government’s Ayushman Bharat initiative aims to enhance healthcare access and quality for citizens, leading to increased investments in medical technology and diagnostics. This initiative supports the development of advanced healthcare solutions, including photonics-based devices that improve diagnostics and patient monitoring. Furthermore, programs like Make in India encourage domestic manufacturing of advanced technologies, which will likely bolster the growth of PICs in the biomedical field.  Thus, as the demand for high-speed communication and advanced medical technologies continues to rise, the Asia Pacific region is set to become a critical hub for the photonic integrated circuit market.

Free Valuable Insights: The Global Photonic Integrated Circuit Market is Predict to reach USD 27.2 Billion by 2031, at a CAGR of 10.4%

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 China, Japan, India, South Korea, Taiwan, Malaysia, and Rest of Asia Pacific.

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.

Asia Pacific 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

• China
• Japan
• India
• South Korea
• Taiwan
• Malaysia
• Rest of Asia Pacific

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Photonic Integrated Circuit Market, by Integration Process
1.4.2 Asia Pacific Photonic Integrated Circuit Market, by Application
1.4.3 Asia Pacific Photonic Integrated Circuit Market, by Material
1.4.4 Asia Pacific 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. Asia Pacific Photonic Integrated Circuit Market by Integration Process
5.1 Asia Pacific Hybrid Market by Country
5.2 Asia Pacific Monolithic Market by Country

Chapter 6. Asia Pacific Photonic Integrated Circuit Market by Application
6.1 Asia Pacific Data Centers Market by Country
6.2 Asia Pacific Telecommunication Market by Country
6.3 Asia Pacific Biomedical Market by Country
6.4 Asia Pacific Other Application Market by Country

Chapter 7. Asia Pacific Photonic Integrated Circuit Market by Material
7.1 Asia Pacific III-V Material Market by Country
7.2 Asia Pacific Lithium Niobate Market by Country
7.3 Asia Pacific Silica-on-silicon Market by Country
7.4 Asia Pacific Other Material Market by Country

Chapter 8. Asia Pacific Photonic Integrated Circuit Market by Country
8.1 China Photonic Integrated Circuit Market
8.1.1 China Photonic Integrated Circuit Market by Integration Process
8.1.2 China Photonic Integrated Circuit Market by Application
8.1.3 China Photonic Integrated Circuit Market by Material
8.2 Japan Photonic Integrated Circuit Market
8.2.1 Japan Photonic Integrated Circuit Market by Integration Process
8.2.2 Japan Photonic Integrated Circuit Market by Application
8.2.3 Japan Photonic Integrated Circuit Market by Material
8.3 India Photonic Integrated Circuit Market
8.3.1 India Photonic Integrated Circuit Market by Integration Process
8.3.2 India Photonic Integrated Circuit Market by Application
8.3.3 India Photonic Integrated Circuit Market by Material
8.4 South Korea Photonic Integrated Circuit Market
8.4.1 South Korea Photonic Integrated Circuit Market by Integration Process
8.4.2 South Korea Photonic Integrated Circuit Market by Application
8.4.3 South Korea Photonic Integrated Circuit Market by Material
8.5 Taiwan Photonic Integrated Circuit Market
8.5.1 Taiwan Photonic Integrated Circuit Market by Integration Process
8.5.2 Taiwan Photonic Integrated Circuit Market by Application
8.5.3 Taiwan Photonic Integrated Circuit Market by Material
8.6 Malaysia Photonic Integrated Circuit Market
8.6.1 Malaysia Photonic Integrated Circuit Market by Integration Process
8.6.2 Malaysia Photonic Integrated Circuit Market by Application
8.6.3 Malaysia Photonic Integrated Circuit Market by Material
8.7 Rest of Asia Pacific Photonic Integrated Circuit Market
8.7.1 Rest of Asia Pacific Photonic Integrated Circuit Market by Integration Process
8.7.2 Rest of Asia Pacific Photonic Integrated Circuit Market by Application
8.7.3 Rest of Asia Pacific 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

TABLE 1 Asia Pacific Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 4 Asia Pacific Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 5 Asia Pacific Hybrid Market by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Hybrid Market by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Monolithic Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Monolithic Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Data Centers Market by Country, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Data Centers Market by Country, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Telecommunication Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Telecommunication Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Biomedical Market by Country, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Biomedical Market by Country, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Other Application Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Other Application Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 21 Asia Pacific III-V Material Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific III-V Material Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Lithium Niobate Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Lithium Niobate Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Silica-on-silicon Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Silica-on-silicon Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Other Material Market by Country, 2020 - 2023, USD Million
TABLE 28 Asia Pacific Other Material Market by Country, 2024 - 2031, USD Million
TABLE 29 Asia Pacific Photonic Integrated Circuit Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Photonic Integrated Circuit Market by Country, 2024 - 2031, USD Million
TABLE 31 China Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 32 China Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 33 China Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 34 China Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 35 China Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 36 China Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 37 China Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 38 China Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 39 Japan Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 40 Japan Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 41 Japan Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 42 Japan Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 43 Japan Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 44 Japan Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 45 Japan Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 46 Japan Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 47 India Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 48 India Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 49 India Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 50 India Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 51 India Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 52 India Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 53 India Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 54 India Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 55 South Korea Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 56 South Korea Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 57 South Korea Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 58 South Korea Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 59 South Korea Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 60 South Korea Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 61 South Korea Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 62 South Korea Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 63 Taiwan Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 64 Taiwan Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 65 Taiwan Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 66 Taiwan Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 67 Taiwan Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 68 Taiwan Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 69 Taiwan Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 70 Taiwan Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 71 Malaysia Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 72 Malaysia Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 73 Malaysia Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 74 Malaysia Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 75 Malaysia Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 76 Malaysia Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 77 Malaysia Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 78 Malaysia Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 79 Rest of Asia Pacific Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 80 Rest of Asia Pacific Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 81 Rest of Asia Pacific Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 82 Rest of Asia Pacific Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 83 Rest of Asia Pacific Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 84 Rest of Asia Pacific Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 85 Rest of Asia Pacific Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 86 Rest of Asia Pacific Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 87 key Information – Agilent Technologies, Inc.
TABLE 88 Key Information – Broadcom, Inc.
TABLE 89 Key information –TE Connectivity Ltd.
TABLE 90 Key Information – Hewlett Packard Enterprise Company
TABLE 91 Key Information – Nokia Corporation
TABLE 92 Key Information – Coherent Corp.
TABLE 93 Key Information – Intel Corporation
TABLE 94 Key Information – Cisco Systems, Inc.
TABLE 95 Key Information – Huawei Technologies Co., Ltd.
TABLE 96 Key Information – Juniper Networks, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Photonic Integrated Circuit Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Photonic Integrated Circuit Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Photonic Integrated Circuit Market
FIG 6 Asia Pacific Photonic Integrated Circuit Market share by Integration Process, 2023
FIG 7 Asia Pacific Photonic Integrated Circuit Market share by Integration Process, 2031
FIG 8 Asia Pacific Photonic Integrated Circuit Market by Integration Process, 2020 - 2031, USD Million
FIG 9 Asia Pacific Photonic Integrated Circuit Market share by Application, 2023
FIG 10 Asia Pacific Photonic Integrated Circuit Market share by Application, 2031
FIG 11 Asia Pacific Photonic Integrated Circuit Market by Application, 2020 - 2031, USD Million
FIG 12 Asia Pacific Photonic Integrated Circuit Market share by Material, 2023
FIG 13 Asia Pacific Photonic Integrated Circuit Market share by Material, 2031
FIG 14 Asia Pacific Photonic Integrated Circuit Market by Material, 2020 - 2031, USD Million
FIG 15 Asia Pacific Photonic Integrated Circuit Market share by Country, 2023
FIG 16 Asia Pacific Photonic Integrated Circuit Market share by Country, 2031
FIG 17 Asia Pacific Photonic Integrated Circuit Market by Integration Process, 2020 - 2031, USD Million
FIG 18 Swot Analysis: Agilent Technologies, Inc.
FIG 19 SWOT Analysis: Broadcom, Inc.
FIG 20 SWOT Analysis: TE Connectivity Ltd
FIG 21 SWOT Analysis: Hewlett Packard Enterprise Company
FIG 22 SWOT Analysis: Nokia Corporation
FIG 23 SWOT Analysis: Coherent Corp.
FIG 24 SWOT Analysis: Intel corporation
FIG 25 SWOT Analysis: Cisco Systems, Inc.
FIG 26 SWOT Analysis: Huawei Technologies Co., Ltd.
FIG 27 SWOT Analysis: Juniper Networks, Inc.