According to fact A report by Mr predicts that the global photonic packaging market is expected to reach $452.3 billion by 2032, and is expected to grow by 5.7% CAGR during 2022-2032. With the emergence of the new mass market of integrated photonic devices and the rapid growth of the demand for such products, the roadmap of integrated photonic device packaging industry has become more important. It is more and more necessary to create a more affordable and scalable packaging process.
In addition, with the growing demand for higher operating frequency and co integration photonic electronic technology, packaging silicon photonic devices with electronic amplifiers, drivers and other control circuits has become a major challenge. Therefore, nano photonic packaging technology will become one of the driving forces of the optical packaging market. With photonics becoming a more and more widely used packaging technology platform, wafer level packaging processes will be adopted in the next 5 years and standardized in 5-10 years. In the Chinese market, the demand for industrial lasers, lidars and optical systems is increasing, providing a huge growth potential for the photonic packaging industry. These factors will promote the growth of China's photonic packaging market and create a market space of 42.6 billion US dollars in 2022-2032.
Source: laser industry
