Photonic Integrated Circuits PIC Sales

Photonic Integrated Circuits (PIC) Sales Market Outlook

The global Photonic Integrated Circuits (PIC) market is projected to reach approximately USD 5.68 billion by 2035, growing at a robust CAGR of around 18.3% from 2025 to 2035. This growth is primarily driven by the increasing demand for high-speed data communication, advancements in optical data transmission technologies, and the rising deployment of fiber-optic networks across various industries. Furthermore, the push towards miniaturization and integration of electronic and photonic components has fueled the development of PICs, enabling faster and more efficient data processing solutions. The adoption of these circuits in diverse sectors, including telecommunications, healthcare, and defense, underscores their versatility and critical role in modern technological advancements. Additionally, government initiatives promoting research and development in photonics are expected to further propel market expansion.

Growth Factor of the Market

One of the primary growth factors fueling the Photonic Integrated Circuits market is the relentless demand for bandwidth and high-speed communication technologies. As global data consumption continues to surge, driven by the proliferation of the internet and smart devices, the need for efficient data transmission methods becomes crucial. Photonic Integrated Circuits serve as essential components in optical communication systems, enabling higher data rates while consuming less power compared to traditional electronic counterparts. Moreover, advancements in manufacturing techniques, such as silicon photonics, have significantly reduced production costs and improved accessibility, stimulating wider adoption. The increasing focus on energy efficiency and sustainability in data centers is also a critical driver, as PICs offer lower power consumption and enhanced signal integrity. Furthermore, the burgeoning sectors such as autonomous vehicles and Internet of Things (IoT) are expected to provide additional growth opportunities, as these applications increasingly rely on advanced sensing and communication technologies.

Key Highlights of the Market

• Rapid technological advancements in photonic integration are enhancing performance metrics.
• Telecommunications and data center applications dominate the market share.
• Silicon photonics is emerging as the leading material type in PIC manufacturing.
• The Asia Pacific region is witnessing the fastest growth due to increased investments in telecommunications infrastructure.
• Government initiatives to promote research in photonics are driving innovation and market growth.

By Product Type

Photonic Integrated Transmitters:

Photonic Integrated Transmitters are a crucial component of the Photonic Integrated Circuits market. These devices convert electrical signals into optical signals, which are essential for high-speed data transmission. The increasing demand for high-bandwidth communication in telecommunications and data centers is propelling the growth of this segment. As businesses and consumers rely more on cloud computing and data services, efficient transmission systems become vital. The ability of these transmitters to support various wavelengths and improve signal quality further enhances their appeal, making them a preferred choice for modern communication networks. Furthermore, ongoing research and development efforts aimed at enhancing the performance and reducing the costs of these transmitters are expected to drive their adoption across multiple industries.

Photonic Integrated Receivers:

Photonic Integrated Receivers play a vital role in the successful operation of optical communication systems. These devices are responsible for converting incoming optical signals back into electrical signals, facilitating data processing across various applications. The growing demand for high-speed data transfer in environments such as data centers and telecommunications is a primary driver for this segment. Enhanced sensitivity and reduced noise levels characterize modern receivers, enabling them to handle higher data rates effectively. Additionally, the trend towards integrated systems that combine multiple functions into a single chip is gaining traction, further reinforcing the importance of integrated receivers in achieving compact and efficient designs. As technology continues to advance, these integrated receivers will become increasingly sophisticated, driving further market growth.

Photonic Integrated Modulators:

Photonic Integrated Modulators are essential for manipulating light waves to encode information in optical communication systems. They allow for the modulation of light intensity, phase, or frequency based on the input electrical signal, which is fundamental for transmitting data over fiber-optic networks. The increasing demand for higher data rates and improved bandwidth efficiency in telecommunications is significantly boosting the growth of this segment. Additionally, advancements in materials and integration techniques are leading to modulators that offer lower power consumption and greater performance. As industries move toward adopting more sophisticated optical technologies, the demand for high-quality modulators will continue to rise, driving innovation and competitiveness in this market segment.

Photonic Integrated Detectors:

Photonic Integrated Detectors are integral components that convert light into electrical signals, enabling the detection of optical signals in various applications. The demand for these detectors is primarily driven by the increasing need for optical sensing and monitoring systems in industries such as telecommunications, aerospace, and medical diagnostics. The ability of these detectors to achieve high sensitivity and speed makes them indispensable in advanced applications, including LIDAR and environmental sensing. Furthermore, the trend towards miniaturization and integration promotes the development of compact detector solutions that can be easily integrated into existing systems. As the technology continues to evolve, the market for photonic integrated detectors is expected to witness substantial growth.

Photonic Integrated Lasers:

Photonic Integrated Lasers are crucial for various applications, particularly in telecommunications, where they serve as the primary source of optical signals. These lasers are designed to offer improved efficiency and performance while minimizing size and cost. The growing demand for long-distance data transmission and the expansion of fiber-optic networks are significant factors driving the adoption of integrated lasers. Additionally, advancements in semiconductor technology have made it possible to produce high-quality lasers that can be integrated onto a single chip, thus enhancing the compactness and functionality of photonic systems. The ongoing evolution of laser technologies is expected to create new opportunities for market growth, particularly in areas such as data centers and communication networks.

By Application

Telecommunications:

The telecommunications sector is one of the leading applications of Photonic Integrated Circuits, primarily driven by the explosive growth in internet traffic and the demand for high-speed communication. With the increasing reliance on data-driven services, the need for efficient optical communication solutions has become paramount. Photonic Integrated Circuits offer solutions that facilitate higher data transmission rates, improved bandwidth efficiency, and reduced latency in communication networks. As telecommunications providers expand fiber-optic networks and invest in next-generation technologies, the integration of PICs is expected to become more prevalent, significantly impacting the market's growth. Additionally, ongoing innovations in optical technologies promise to enhance the capabilities of these circuits in supporting advanced communication protocols.

Data Centers:

Data centers are rapidly becoming a significant application area for Photonic Integrated Circuits, driven by the increasing demand for cloud computing and data storage solutions. As data generation continues to grow exponentially, the need for efficient data processing and transmission solutions is becoming critical. PICs facilitate high-speed data transfer while minimizing power consumption, making them ideal for the energy-intensive environments of data centers. Furthermore, their compact size allows for denser packing of components, which is essential for optimizing space and performance in modern data center architectures. The trend toward building more energy-efficient and scalable data centers will continue to drive the adoption of photonic integrated circuits in this sector.

Sensing:

The sensing application of Photonic Integrated Circuits is gaining traction across various industries, including automotive, healthcare, and environmental monitoring. PICs enable the development of highly sensitive and accurate sensors that can detect a wide range of physical and chemical properties. The integration of optical sensing technologies enhances measurement capabilities, making them suitable for sophisticated applications, such as real-time monitoring and diagnostics. As industries increasingly focus on precision and reliability, the adoption of photonic sensors is expected to rise significantly. Innovations in integrated sensing solutions are likely to lead to the development of compact, low-cost devices that can offer valuable insights in multiple applications, thereby driving growth in this segment.

Medical:

The medical industry presents significant opportunities for Photonic Integrated Circuits, particularly in the areas of diagnostics and imaging. The ability of PICs to enhance the performance of optical devices allows for the creation of advanced medical instruments that can provide rapid and accurate results. Technologies such as optical coherence tomography (OCT) and photonic biosensors are transforming diagnostics by enabling non-invasive procedures with high precision. The increasing demand for personalized medicine and point-of-care testing is further driving the integration of photonic technologies in medical applications. As research continues to explore new frontiers in healthcare, the role of photonic integrated circuits is expected to expand, leading to innovations that can enhance patient outcomes.

Defense:

In the defense sector, Photonic Integrated Circuits play a vital role in enhancing communication, surveillance, and targeting systems. The demand for secure and fast communication technologies is driving the adoption of PICs in military applications, where reliability and efficiency are paramount. Photonic technologies enable advanced sensing, imaging, and communication capabilities, making them indispensable for modern defense systems. The integration of optical technologies into defense applications allows for improved performance in challenging environments where traditional electronic systems may falter. As defense budgets continue to prioritize advanced technological solutions, the market for photonic integrated circuits in this sector is expected to experience significant growth.

By Distribution Channel

Direct Sales:

Direct sales have emerged as a prominent distribution channel for Photonic Integrated Circuits, primarily due to the growing need for customized solutions in various sectors. Manufacturers and service providers often leverage direct sales strategies to establish closer relationships with clients, allowing them to better understand customer requirements and provide tailored solutions. This approach fosters trust and enables the offering of specialized products that meet specific industry needs. As companies increasingly focus on building long-term partnerships with clients, the direct sales channel is expected to continue its growth trajectory, providing significant opportunities for manufacturers to expand their market presence.

Indirect Sales:

The indirect sales channel also plays a crucial role in the distribution of Photonic Integrated Circuits, encompassing a network of distributors, resellers, and system integrators. This channel allows manufacturers to tap into established networks and reach a broader customer base without the need for extensive marketing efforts. Indirect sales provide flexibility and scalability, making it easier for manufacturers to expand their geographical reach and offer their products to various industries. Moreover, as the demand for photonic solutions increases across multiple sectors, the indirect sales channel will become increasingly important for driving sales and ensuring customer accessibility to advanced technologies.

By Material Type

Silicon:

Silicon remains the most widely used material in the manufacturing of Photonic Integrated Circuits due to its cost-effectiveness, compatibility with existing semiconductor processes, and extensive research backing. Silicon photonics technology enables the integration of optical functions with electronic components on a single chip, significantly enhancing performance and reducing manufacturing costs. The ability to leverage established silicon fabrication techniques further facilitates scalability and mass production. As silicon-based systems continue to evolve, they are expected to support a wide range of applications, driving their market growth and facilitating the development of innovative photonic solutions.

Indium Phosphide:

Indium Phosphide (InP) is another crucial material type in the Photonic Integrated Circuits market, particularly for high-speed and high-performance applications. InP offers superior electronic and optical properties, making it ideal for laser diodes, photodetectors, and other photonic devices. The material's capability to operate at higher frequencies and wavelengths is especially beneficial for telecommunications and data center applications that require rapid data transmission. The ongoing advancements in InP technology are expected to enhance its adoption in specialized applications, further driving the growth of this segment.

Gallium Arsenide:

Gallium Arsenide (GaAs) is widely recognized for its high efficiency and performance in photonic applications, particularly in the development of lasers and detectors. This material type is especially advantageous in applications requiring high-speed operation and low noise levels. GaAs-based devices are prevalent in telecommunications and satellite communication systems due to their ability to operate in harsh environments. The continued investment in GaAs technology and its integration into photonic systems are likely to fuel the growth of this segment, especially in applications that demand advanced performance metrics.

Lithium Niobate:

Lithium Niobate is a key material used in Photonic Integrated Circuits known for its excellent electro-optic properties. This material is crucial for applications such as modulators and waveguides, where precise control of light is essential. The increasing demand for advanced optical communication systems is driving the adoption of lithium niobate-based devices, as they offer superior performance in terms of speed and efficiency. With ongoing research focused on enhancing the capabilities of this material, its market presence is expected to expand significantly, particularly in the telecommunications and sensing applications.

Silicon Nitride:

Silicon Nitride is gaining attention as an emerging material for Photonic Integrated Circuits, primarily due to its unique properties that allow for the integration of passive and active optical components. This material is particularly appealing for applications in optical sensing and communication, where it can enhance performance and reduce losses. The ability of silicon nitride to support a wide range of wavelengths makes it versatile for various applications, including telecommunications and biosensing. As research continues to advance in the functionalization of silicon nitride for photonic applications, its market share is expected to grow significantly.

By Region

The Photonic Integrated Circuits market is expected to witness significant growth across various regions, with North America leading the charge. The region is projected to account for a substantial market share, driven by the presence of key players, ongoing research and development activities, and an increasing focus on telecommunications and data center expansions. North America is anticipated to grow at a CAGR of around 17.5% over the forecast period, fueled by the rising demand for high-performance optical communication technologies and the adoption of advanced photonic solutions in various sectors. The strong investment in photonics research and the development of innovative applications in medical and sensing technologies contribute to the region's dominance in the market.

Europe is also a significant player in the Photonic Integrated Circuits market, with a growing emphasis on photonics research and innovation across various industries. The European Union's extensive funding initiatives for photonics research and development have fostered the growth of cutting-edge technologies. The region is expected to witness steady growth, with a projected CAGR of approximately 16.2% during the forecast period. The increasing collaboration between academic institutions and industry players to advance photonic technologies is further propelling market growth. Asia Pacific is emerging as a rapidly growing market for Photonic Integrated Circuits, driven by the rising demand for optical communication and sensing applications in countries like China, Japan, and India. The region is expected to experience the highest CAGR of around 20.1%, supported by significant investments in telecommunications infrastructure and advancements in manufacturing capabilities.

Opportunities

The Photonic Integrated Circuits market presents numerous opportunities driven by the continuous advancements in technology and the growing demand for efficient data communication solutions. The increasing adoption of cloud computing and the Internet of Things (IoT) are significant trends that are expected to spur demand for high-speed data transmission technologies. As industries continue to embrace digital transformation, the reliance on photonic technologies for data processing and transmission will become paramount. Moreover, the development of advanced applications in sectors such as healthcare, automotive, and defense will further diversify the market, leading to new growth avenues. The ongoing research into novel materials and manufacturing techniques will also create opportunities for the development of innovative photonic devices, fostering market expansion.

Additionally, significant opportunities exist in the realm of emerging applications such as autonomous vehicles and smart cities. The integration of photonic technologies into these applications promises to enhance performance and reliability, creating a substantial market for Photonic Integrated Circuits. As industries increasingly focus on sustainability and energy efficiency, the role of photonics in providing low-power solutions will become increasingly important. The combination of these factors positions the Photonic Integrated Circuits market for robust growth in the coming years, encouraging investment and innovation across the sector.

Threats

Despite the promising growth outlook for the Photonic Integrated Circuits market, several threats could impede its progress. One of the primary challenges is the rapid pace of technological advancements, which necessitates continuous innovation and adaptation by manufacturers. Companies that fail to keep pace with emerging technologies risk losing their competitive edge in the industry. Additionally, the market is characterized by high levels of competition, which can lead to price wars and reduced profit margins. As more players enter the market, the pressure to differentiate products and innovate becomes increasingly crucial. Furthermore, economic uncertainties and geopolitical tensions may impact investment in research and development, potentially hindering market growth.

Another significant threat is the potential for supply chain disruptions, which can affect the availability and cost of raw materials essential for Photonic Integrated Circuits production. Fluctuations in the availability of key materials, such as indium phosphide and gallium arsenide, could lead to production delays and increased costs, ultimately impacting the market. As manufacturers seek to mitigate these risks, developing resilient supply chain strategies will be essential for maintaining competitiveness. Addressing these challenges will require collaboration among industry players, investment in research and development, and a commitment to innovation to ensure the sustained growth and evolution of the Photonic Integrated Circuits market.

Competitor Outlook

• Intel Corporation
• Cisco Systems, Inc.
• IBM Corporation
• Broadcom Inc.
• Infinera Corporation
• Siemens AG
• Finisar Corporation
• NeoPhotonics Corporation
• Lightwave Logic, Inc.
• II-VI Incorporated
• TE Connectivity Ltd.
• Oclaro, Inc.
• Coherent Inc.
• Rockley Photonics Holdings Limited
• Sumitomo Electric Industries, Ltd.

The competitive landscape of the Photonic Integrated Circuits market is characterized by the presence of numerous established players and emerging companies. The industry is undergoing significant technological advancements, with key players investing heavily in research and development to innovate and improve their product offerings. Companies are leveraging their expertise in semiconductor technology and optical systems to develop integrated solutions that meet the growing demand for high-speed communication and sensing applications. Strategic partnerships and collaborations among manufacturers, research institutions, and technology providers are gaining prominence as a means to foster innovation and accelerate market growth. As competition intensifies, companies are focusing on differentiating their products through enhanced performance, reduced costs, and improved energy efficiency.

Intel Corporation is a prominent player in the Photonic Integrated Circuits market, known for its expertise in semiconductor technologies and photonics integration. The company is heavily investing in research to develop advanced silicon photonics solutions aimed at meeting the demands of high-bandwidth applications. Cisco Systems, Inc. is another key player, leveraging its extensive experience in networking and communication solutions to integrate photonic technologies into its offerings. The company's commitment to enabling high-speed data transmission and efficient communication systems positions it as a significant contributor to the market's growth.

Broadcom Inc. is recognized for its innovative solutions in the photonics domain, particularly in optical communication components. The company's focus on enhancing performance and reducing power consumption has led to the development of high-capacity transceivers and other photonic devices. Infinera Corporation specializes in optical networking solutions and is prominent for its advanced photonic integrated circuits used in long-haul telecommunications. With a strong emphasis on product quality and performance, Infinera continues to be a key player in the market. The ongoing efforts of these major companies, along with emerging players in the sector, are expected to shape the future of the Photonic Integrated Circuits market, driving innovation and growth.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Siemens AG
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Oclaro, Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Broadcom Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Coherent Inc.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 IBM Corporation
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Intel Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 II-VI Incorporated
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Cisco Systems, Inc.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Finisar Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Infinera Corporation
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 TE Connectivity Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Lightwave Logic, Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 NeoPhotonics Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Rockley Photonics Holdings Limited
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Sumitomo Electric Industries, Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Photonic Integrated Circuits PIC Sales Market, By Application
    • 6.1.1 Telecommunications
    • 6.1.2 Data Centers
    • 6.1.3 Sensing
    • 6.1.4 Medical
    • 6.1.5 Defense
  • 6.2 Photonic Integrated Circuits PIC Sales Market, By Product Type
    • 6.2.1 Photonic Integrated Transmitters
    • 6.2.2 Photonic Integrated Receivers
    • 6.2.3 Photonic Integrated Modulators
    • 6.2.4 Photonic Integrated Detectors
    • 6.2.5 Photonic Integrated Lasers
  • 6.3 Photonic Integrated Circuits PIC Sales Market, By Material Type
    • 6.3.1 Silicon
    • 6.3.2 Indium Phosphide
    • 6.3.3 Gallium Arsenide
    • 6.3.4 Lithium Niobate
    • 6.3.5 Silicon Nitride
  • 6.4 Photonic Integrated Circuits PIC Sales Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Indirect Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Photonic Integrated Circuits PIC Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Photonic Integrated Circuits PIC Sales market is categorized based on

By Product Type

• Photonic Integrated Transmitters
• Photonic Integrated Receivers
• Photonic Integrated Modulators
• Photonic Integrated Detectors
• Photonic Integrated Lasers

By Application

• Telecommunications
• Data Centers
• Sensing
• Medical
• Defense

By Distribution Channel

• Direct Sales
• Indirect Sales

By Material Type

• Silicon
• Indium Phosphide
• Gallium Arsenide
• Lithium Niobate
• Silicon Nitride

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Intel Corporation
• Cisco Systems, Inc.
• IBM Corporation
• Broadcom Inc.
• Infinera Corporation
• Siemens AG
• Finisar Corporation
• NeoPhotonics Corporation
• Lightwave Logic, Inc.
• II-VI Incorporated
• TE Connectivity Ltd.
• Oclaro, Inc.
• Coherent Inc.
• Rockley Photonics Holdings Limited
• Sumitomo Electric Industries, Ltd.