Photonic Design Automation Market is expected to reach US$ 3.90 billion by 2030

Growing Demand for Automation Drives Photonic Design Automation Market Growth

According to our latest study on “Photonic Design Automation Market Forecast to 2030 – Global and Regional Share, Trend, and Growth Opportunity Analysis – by Component, Deployment, Organization Size, and Application,” the photonic design automation market size was valued at US$ 1.39 billion in 2022 and is expected to reach US$ 3.90 billion by 2030; it is estimated to record a CAGR of 13.8% from 2022 to 2030.

Photonic design automation involves utilizing software tools and automation techniques to facilitate the design and development of photonic devices and systems, effectively translating complex designs into functional chips or devices. Similar to electronic design automation (EDA) in the field of electronics, photonic design automation aims to streamline and simplify the design process for photonic components and systems. It provides designers with software tools and automated methods to create schematics, layouts, and other design elements. 

Advancements in Photonic Devices to Offer Lucrative Opportunities for Photonic Design Automation Market Growth During Forecast Period

The photonic design automation market is experiencing growth due to continuous advancements in photonic devices, such as silicon photonics and lasers. These advanced devices require sophisticated design tools and automation techniques to optimize performance and functionality. Performance and functionality demand gains are linked to several microtrends, such as growing demand for data transfer speed, increased usage of additive manufacturing, and surging applications of remote sensing. Photonic sensors, which detect precise emissions of light or energy within the photonic spectrum, thus have an expanding scope of applications in several industries, including energy, telecommunications, manufacturing, aerospace, and defense. For example, incorporating fiber-optic sensor technology into monitoring and measurement applications in the energy sector can help reduce waste and pollution. Aerospace and defense industries are also experiencing growth due to the expanded use of automated applications and new remote-sensing tools, driving the demand for photonic design automation. Photonic integrated circuits (PICs) are another area of advancement in photonic technologies. These circuits combine multiple photonic components on a single chip, enabling compact and efficient designs. The design and manufacturing of PICs require advanced automation software and techniques. The integration of meta-optics with waveguide technologies is also propelling photonic integrated circuits to new heights. The continuous advancements in photonic technologies highlight the need for sophisticated design tools and automation techniques to optimize the performance and functionality of these devices. Photonic design automation tools play a crucial role in streamlining the design process, automating repetitive tasks, and enabling faster design iterations. By utilizing these tools, designers can achieve efficiency gains, performance optimization, and cost reduction in their design workflows.

Photonic Design Automation Market Regional Overview:

Europe held the third-largest share of the photonic design automation market. The photonic design automation market in Europe is segmented into Germany, France, the UK, Russia, Switzerland, and the Rest of Europe. The Europe photonic design automation market is a vibrant and rapidly evolving landscape that encompasses a wide range of industries and applications. Europe has solidified its position as a global leader in the photonics industry, owing to its extensive track record of technological innovation and unwavering commitment to research and development. A key driver for the expansion of the Europe photonic design automation market is the region's steadfast dedication to research and development. Notably, countries such as Germany, France, and the Netherlands have a longstanding history of investing in pioneering technologies and nurturing partnerships between academia, industry, and government entities. This enduring focus on innovation and collaboration has been pivotal in establishing Europe as a frontrunner in the photonics industry. This collaborative approach has led to the development of advanced design tools and methodologies that enable the efficient and effective design of photonic devices and systems. Another significant driver for the Europe photonic design automation market is the region's robust telecommunications infrastructure. Europe has been at the forefront of the telecommunications revolution, with companies such as Nokia, Ericsson, and Deutsche Telekom leading the way in the development and deployment of advanced network technologies. These technologies, including fiber optics and high-speed data transmission, rely heavily on photonic devices and systems. As a result, there is a strong demand for sophisticated design automation tools that can handle the complexity of these technologies and ensure their optimal performance.

Photonic Design Automation Market Segmental Overview

The global photonic design automation market is segmented based on component, deployment, organization size, and application. Based on component, the photonic design automation market is divided into solutions and services. In terms of deployment, the photonic design automation market is bifurcated into on-premise and cloud. By organization size, the photonic design automation market is bifurcated into SMEs and large enterprises. Based on application, the photonic design automation market is divided into academic research and industrial research & manufacturing. By geography, the photonic design automation market is segmented into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Photonic Design Automation Market Competitive Landscape and Key Developments

Major players in the photonic design automation market are taking measures to take advantage of the opportunities in emerging markets. AIM Photonics Inc, Ansys Inc, Cadence Design Systems Inc, LioniX International BV, Luceda Photonics, Optiwave Systems Inc, Siemens AG, Synopsys Inc, SystemLab Inc, and VPlphotonics GmbH are among the prominent photonic design automation market players. Various other companies are also operating in the market and coming up with advanced technologies and offerings. Several other important photonic design automation market players were also analyzed during this market research to get a holistic view of the global market and its ecosystem. The leading photonic design automation market players focus on feature upgrades, expansion and diversification, collaboration, and acquisition strategies, which enable them to grab new business opportunities.

• In November 2022, OpenLight announced the availability of its process design kit (PDK) to streamline the end-to-end design of photonic integrated circuits (PICs) and meet future demands of applications, including telecom, healthcare, LiDAR, high-performance computing, artificial intelligence (AI), and optical computing.
• In March 2022, Cadence Design Systems, Inc. announced a collaboration with GlobalFoundries (GF) to speed silicon photonics IC development for hyperscale computing, healthcare, automotive, 5G communications, and IoT. Through this collaboration, the Cadence photonics solution—an integrated electronic/photonic design automation environment (EPDA)—had been optimized for the new GF Fotonix platform. Its monolithic platform is the first in the industry to link its differentiated 300 mm photonics and RF-CMOS features on a silicon wafer, delivering performance at scale.

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