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Integrated Quantum Optical Circuits Market

Global Integrated Quantum Optical Circuits Market Share, Size, Report, Forecast: By Material: Silica Glass, Silicon Photonics, Lithium Niobate, Indium Phosphide, Gallium Arsenide; By Application: Optical Fibre Communication, Quantum Computing, Optical Sensors, Bio Medical, Others; Regional Analysis; Competitive Landscape; 2023-2028

Global Integrated Quantum Optical Circuits Market Outlook

The global integrated quantum optical circuits market size attained a value of USD 822.3 million in 2022. The market is further expected to grow at a CAGR of 14.10% between 2023 and 2028, reaching a value of USD 1,814.45 million by 2028.

 

Key Trends in the Market

An integrated quantum optical circuit refers to a piece of equipment which combines multiple optical devices to form one photonic circuit. This type of technology works on the concept of light utilisation to facilitate signal processing and computing operations, making it useful for numerous quantum mechanics applications.

 

Global Integrated Quantum Optical Circuits Market

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  • The rapid development of data centres, coupled with the growing availability of high-speed internet across developing economies is a key trend in the integrated quantum optical circuits market, increasing the demand for optical fibre communication applications.
  • Growing demand for advanced and effective photonics, with lower transmission loss, as an alternative to traditional circuit technology, is another market key trend. Rising applications of interconnected devices across various end use sectors is likely to bolster the use of integrated quantum optical circuits.
  • Surge in the emergence of advanced technologies such as artificial intelligence, machine learning, quantum simulation, and cryptography, among others, is likely to propel the demand for integrated quantum optical circuits, particularly for quantum computing applications.

 

Market Analysis

Based on material, the integrated quantum optical circuits market is segmented into silica glass, silicon photonics, lithium niobate, indium phosphide, and gallium arsenide. On the basis of application, the market is classified into optical fibre communication, quantum computing, optical sensors, and bio medical, among others. The regional markets for integrated quantum optical circuits are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Integrated Quantum Optical Circuits Market

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global integrated quantum optical circuits market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

 

  • Ciena Corporation
  • Coherent Corp.
  • Intel Corporation
  • Infinera Corporation
  • TE Connectivity Ltd.
  • Emcore Corporation
  • Lumentum Operations LLC
  • Cisco Systems, Inc.
  • Others

 

Market Share by Application

The optical fibre communication segment, based on application, accounts for a healthy share of the integrated quantum optical circuits market. This can be attributed to the increasing applications of optical fibre communication technology across telecommunication companies to transmit telephone signals and internet communications. In addition, optical fibre communication has a vast range of applications across industries which include medical, defence, broadcasting, and lighting and decoration, among other fields, which is further invigorating the segment’s growth.

 

Global Integrated Quantum Optical Circuits Market

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Market Share by Region

At a regional level, North America occupies a sizable share of the market for integrated quantum optical circuit, supported by the rising adoption of photonic integrated products (PIC)-based products as well as the widespread usage of optical fiber communication. The heightened collaborations and efforts by academic institutions and leading market players to un-circumscribe the boundaries of quantum technologies in the region is offering lucrative opportunities to the integrated quantum optical circuits market. Meanwhile, the Asia Pacific region is likely to be a fast-growing region in the forecast period, due to the advancements in IT infrastructure across emerging economies such as India and China.

 

Competitive Landscape

Ciena Corporation is a leading telecommunications company which provides routing systems, networking equipment, and software services. Founded in 1992, the company is currently headquartered in Maryland in the United States.

 

Coherent Corp. is a prominent semiconductor manufacturing company, the product portfolio of which contains networking devices and electronic materials catering to the demands of the industrial sector. The company was established in 1971 and is headquartered in Pennsylvania, United States.

 

Intel Corporation is a multinational corporation and technology company creating world-changing technology since 1968. Headquartered in California, United States, this company is a leading provider of artificial intelligence and internet networking services.

 

Other market players include Infinera Corporation, TE Connectivity Ltd., Emcore Corporation, Lumentum Operations LLC, and Cisco Systems, Inc., among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Material
  • Application
Breakup by Material
  • Silica Glass
  • Silicon Photonics
  • Lithium Niobate
  • Indium Phosphide
  • Gallium Arsenide
Breakup by Application
  • Optical Fibre Communication
  • Quantum Computing
  • Optical Sensors
  • Bio Medical
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Ciena Corporation
  • Coherent Corp.
  • Intel Corporation
  • Infinera Corporation
  • TE Connectivity Ltd.
  • Emcore Corporation
  • Lumentum Operations LLC
  • Cisco Systems, Inc.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Integrated Quantum Optical Circuits Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Integrated Quantum Optical Circuits Historical Market (2018-2022) 
    8.3    Global Integrated Quantum Optical Circuits Market Forecast (2023-2028)
    8.4    Global Integrated Quantum Optical Circuits Market by Material 
        8.4.1    Silica Glass
            8.4.1.1    Historical Trend (2018-2022) 
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Silicon Photonics
            8.4.2.1    Historical Trend (2018-2022) 
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    Lithium Niobate
            8.4.3.1    Historical Trend (2018-2022) 
            8.4.3.2    Forecast Trend (2023-2028)
        8.4.4    Indium Phosphide
            8.4.4.1    Historical Trend (2018-2022) 
            8.4.4.2    Forecast Trend (2023-2028)
        8.4.5    Gallium Arsenide
            8.4.5.1    Historical Trend (2018-2022) 
            8.4.5.2    Forecast Trend (2023-2028)
    8.5    Global Integrated Quantum Optical Circuits Market by Application
        8.5.1    Optical Fibre Communication
            8.5.1.1    Historical Trend (2018-2022) 
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Quantum Computing
            8.5.2.1    Historical Trend (2018-2022) 
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Optical Sensors
            8.5.3.1    Historical Trend (2018-2022) 
            8.5.3.2    Forecast Trend (2023-2028)
        8.5.4    Bio Medical
            8.5.4.1    Historical Trend (2018-2022) 
            8.5.4.2    Forecast Trend (2023-2028)
        8.5.5    Others
    8.6    Global Integrated Quantum Optical Circuits Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2022) 
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2022) 
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2022) 
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2022) 
            8.6.4.2    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2022) 
            8.6.5.2    Forecast Trend (2023-2028)
9    North America Integrated Quantum Optical Circuits Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Integrated Quantum Optical Circuits Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Integrated Quantum Optical Circuits Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Integrated Quantum Optical Circuits Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Integrated Quantum Optical Circuits Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Ciena Corporation
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Coherent Corp.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Intel Corporation
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Infinera Corporation
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    TE Connectivity Ltd.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Emcore Corporation
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Lumentum Operations LLC
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Cisco Systems, Inc.
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Integrated Quantum Optical Circuits Market: Key Industry Highlights, 2018 and 2028
2.    Global Integrated Quantum Optical Circuits Historical Market: Breakup by Material (USD Million), 2018-2022
3.    Global Integrated Quantum Optical Circuits Market Forecast: Breakup by Material (USD Million), 2023-2028
4.    Global Integrated Quantum Optical Circuits Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Integrated Quantum Optical Circuits Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Integrated Quantum Optical Circuits Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Integrated Quantum Optical Circuits Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Integrated Quantum Optical Circuits Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Integrated Quantum Optical Circuits Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Integrated Quantum Optical Circuits Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Integrated Quantum Optical Circuits Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Integrated Quantum Optical Circuits Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Integrated Quantum Optical Circuits Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Integrated Quantum Optical Circuits Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Integrated Quantum Optical Circuits Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Integrated Quantum Optical Circuits Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Integrated Quantum Optical Circuits Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Integrated Quantum Optical Circuits Market Structure

Key Questions Answered in the Report

What was the integrated quantum optical circuits market value in 2022?

The market reached a value of USD 822.3 million in 2022.

What is the growth rate of the integrated quantum optical circuits market?

The market is expected to grow at a CAGR of 14.10% between 2023 and 2028.

What is the integrated quantum optical circuits market forecast for 2023-2028?

The market is estimated to witness a healthy growth between the forecast period of 2023-2028, reaching a value of USD 1,814.45 million by 2028.

What are the major market drivers?

The rapid development of data centres, growing demand for advanced and effective photonics, rising application of interconnected devices across various end use sectors, and lower transmission and greater efficiency offered by integrated quantum optical circuits, are the major drivers of the market.

What are the key trends of the market?

The key trends in the market include the increasing investments by market players to improve quantum computing technology, emergence of artificial intelligence, machine learning, and quantum simulation, and heightening adoption of smart devices.

What are the different materials of integrated quantum optical circuits in the market?

Silica glass, silicon photonics, lithium niobate, indium phosphide, and gallium arsenide are the different materials of integrated quantum optical circuits in the market.

What are the major applications of integrated quantum optical circuits?

Optical fibre communication, quantum computing, optical sensors, and bio medical, among others, are the major applications of integrated quantum optical circuits.

Who are the key market players, according to the report?

Ciena Corporation, Coherent Corp., Intel Corporation, Infinera Corporation, TE Connectivity Ltd., Emcore Corporation, Lumentum Operations LLC, and Cisco Systems, Inc., among others, are the key players in the integrated quantum optical circuits market, according to the report.

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