Europe 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 Europe Photonic Integrated Circuit Market would witness market growth of 10.1% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Photonic Integrated Circuit Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,739.7 million by 2031. The UK market is exhibiting a CAGR of 9.2% during (2024 - 2031). Additionally, The France market would experience a CAGR of 11.1% during (2024 - 2031).

PICs significantly enhance cost efficiency and miniaturization by integrating multiple photonic functions into a single chip. This consolidation reduces the complexity and expense associated with traditional optical systems, which typically require numerous discrete components that must be separately manufactured and aligned. The miniaturization enabled by PICs is especially crucial in applications such as smartphones, data centers, and wearable devices, where space and power efficiency are critical.

The market's growth is fundamentally rooted in the increasing demand for high-speed data transmission. With the proliferation of internet usage, cloud computing, and data centers, there is an unprecedented need for low-latency communication solutions to handle vast data traffic. PIC capability is particularly crucial as businesses and consumers seek seamless connectivity and instantaneous access to information, fueling the growth of data-intensive applications such as streaming services, online gaming, and IoT devices.

The Netherlands is emerging as a notable player in the photonic integrated circuit market, largely driven by its commitment to technological innovation and research. The Dutch government supports initiatives such as the National Growth Fund, which invests in strategic sectors, including photonics, to enhance economic growth and sustainability. The country has established several research institutes, such as the Eindhoven University of Technology, which focuses on advancing photonic technologies for various applications, including telecommunications and sensors. This emphasis on research and collaboration between academia and industry fosters a robust environment for developing PICs, positioning the Netherlands as a leader in the European photonics landscape. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.

Free Valuable Insights: The Global Photonic Integrated Circuit Market will Hit 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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.

Europe 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

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

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

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

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

Chapter 8. Europe Photonic Integrated Circuit Market by Country
8.1 Germany Photonic Integrated Circuit Market
8.1.1 Germany Photonic Integrated Circuit Market by Integration Process
8.1.2 Germany Photonic Integrated Circuit Market by Application
8.1.3 Germany Photonic Integrated Circuit Market by Material
8.2 UK Photonic Integrated Circuit Market
8.2.1 UK Photonic Integrated Circuit Market by Integration Process
8.2.2 UK Photonic Integrated Circuit Market by Application
8.2.3 UK Photonic Integrated Circuit Market by Material
8.3 France Photonic Integrated Circuit Market
8.3.1 France Photonic Integrated Circuit Market by Integration Process
8.3.2 France Photonic Integrated Circuit Market by Application
8.3.3 France Photonic Integrated Circuit Market by Material
8.4 Russia Photonic Integrated Circuit Market
8.4.1 Russia Photonic Integrated Circuit Market by Integration Process
8.4.2 Russia Photonic Integrated Circuit Market by Application
8.4.3 Russia Photonic Integrated Circuit Market by Material
8.5 Spain Photonic Integrated Circuit Market
8.5.1 Spain Photonic Integrated Circuit Market by Integration Process
8.5.2 Spain Photonic Integrated Circuit Market by Application
8.5.3 Spain Photonic Integrated Circuit Market by Material
8.6 Italy Photonic Integrated Circuit Market
8.6.1 Italy Photonic Integrated Circuit Market by Integration Process
8.6.2 Italy Photonic Integrated Circuit Market by Application
8.6.3 Italy Photonic Integrated Circuit Market by Material
8.7 Rest of Europe Photonic Integrated Circuit Market
8.7.1 Rest of Europe Photonic Integrated Circuit Market by Integration Process
8.7.2 Rest of Europe Photonic Integrated Circuit Market by Application
8.7.3 Rest of Europe Photonic Integrated Circuit Market by Material

Chapter 9. Company Profiles
9.1 Agilent Technologies, Inc.
9.1.1 Company Overview
9.1.1 Financial Analysis
9.1.2 Segmental and Regional Analysis
9.1.3 Research & Development Expense
9.1.4 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 Europe Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 2 Europe Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 3 Europe Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 4 Europe Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 5 Europe Hybrid Market by Country, 2020 - 2023, USD Million
TABLE 6 Europe Hybrid Market by Country, 2024 - 2031, USD Million
TABLE 7 Europe Monolithic Market by Country, 2020 - 2023, USD Million
TABLE 8 Europe Monolithic Market by Country, 2024 - 2031, USD Million
TABLE 9 Europe Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 10 Europe Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 11 Europe Data Centers Market by Country, 2020 - 2023, USD Million
TABLE 12 Europe Data Centers Market by Country, 2024 - 2031, USD Million
TABLE 13 Europe Telecommunication Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Telecommunication Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe Biomedical Market by Country, 2020 - 2023, USD Million
TABLE 16 Europe Biomedical Market by Country, 2024 - 2031, USD Million
TABLE 17 Europe Other Application Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Other Application Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 20 Europe Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 21 Europe III-V Material Market by Country, 2020 - 2023, USD Million
TABLE 22 Europe III-V Material Market by Country, 2024 - 2031, USD Million
TABLE 23 Europe Lithium Niobate Market by Country, 2020 - 2023, USD Million
TABLE 24 Europe Lithium Niobate Market by Country, 2024 - 2031, USD Million
TABLE 25 Europe Silica-on-silicon Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Silica-on-silicon Market by Country, 2024 - 2031, USD Million
TABLE 27 Europe Other Material Market by Country, 2020 - 2023, USD Million
TABLE 28 Europe Other Material Market by Country, 2024 - 2031, USD Million
TABLE 29 Europe Photonic Integrated Circuit Market by Country, 2020 - 2023, USD Million
TABLE 30 Europe Photonic Integrated Circuit Market by Country, 2024 - 2031, USD Million
TABLE 31 Germany Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 32 Germany Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 33 Germany Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 34 Germany Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 35 Germany Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 36 Germany Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 37 Germany Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 38 Germany Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 39 UK Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 40 UK Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 41 UK Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 42 UK Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 43 UK Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 44 UK Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 45 UK Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 46 UK Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 47 France Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 48 France Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 49 France Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 50 France Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 51 France Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 52 France Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 53 France Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 54 France Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 55 Russia Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 56 Russia Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 57 Russia Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 58 Russia Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 59 Russia Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 60 Russia Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 61 Russia Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 62 Russia Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 63 Spain Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 64 Spain Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 65 Spain Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 66 Spain Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 67 Spain Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 68 Spain Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 69 Spain Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 70 Spain Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 71 Italy Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 72 Italy Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 73 Italy Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 74 Italy Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 75 Italy Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 76 Italy Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 77 Italy Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 78 Italy Photonic Integrated Circuit Market by Material, 2024 - 2031, USD Million
TABLE 79 Rest of Europe Photonic Integrated Circuit Market, 2020 - 2023, USD Million
TABLE 80 Rest of Europe Photonic Integrated Circuit Market, 2024 - 2031, USD Million
TABLE 81 Rest of Europe Photonic Integrated Circuit Market by Integration Process, 2020 - 2023, USD Million
TABLE 82 Rest of Europe Photonic Integrated Circuit Market by Integration Process, 2024 - 2031, USD Million
TABLE 83 Rest of Europe Photonic Integrated Circuit Market by Application, 2020 - 2023, USD Million
TABLE 84 Rest of Europe Photonic Integrated Circuit Market by Application, 2024 - 2031, USD Million
TABLE 85 Rest of Europe Photonic Integrated Circuit Market by Material, 2020 - 2023, USD Million
TABLE 86 Rest of Europe 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 Europe 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 Europe Photonic Integrated Circuit Market share by Integration Process, 2023
FIG 7 Europe Photonic Integrated Circuit Market share by Integration Process, 2031
FIG 8 Europe Photonic Integrated Circuit Market by Integration Process, 2020 - 2031, USD Million
FIG 9 Europe Photonic Integrated Circuit Market share by Application, 2023
FIG 10 Europe Photonic Integrated Circuit Market share by Application, 2031
FIG 11 Europe Photonic Integrated Circuit Market by Application, 2020 - 2031, USD Million
FIG 12 Europe Photonic Integrated Circuit Market share by Material, 2023
FIG 13 Europe Photonic Integrated Circuit Market share by Material, 2031
FIG 14 Europe Photonic Integrated Circuit Market by Material, 2020 - 2031, USD Million
FIG 15 Europe Photonic Integrated Circuit Market share by Country, 2023
FIG 16 Europe Photonic Integrated Circuit Market share by Country, 2031
FIG 17 Europe Photonic Integrated Circuit Market by Country, 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.