Silicon Photonics: Improved Levels of Government Initiatives and Programs to Introduce Better Quality of Market Growth

 Silicon Photonics Market

Silicon photonics is described as the technology or field wherein the transfer of data occurs between the computer chips and other components with the help of optical rays. This technology ensures the transfer of data in a more efficient manner as optical rays are capable of transferring the data of a larger volume in reduced duration as compared to electrical conductors’ technology. This technology also deals with the development of components that can generate, manipulate and detect light, with one of the major evolutions in its technological applications being the aforementioned data transferring.  

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Silicon photonics market is expanding due to demand is increasing for silicon photonics based products in data centers, power consumption is minimized; the effects of these factors are mentioned below:

  • Demand is increasing for silicon photonics based products in data centers: The demand rate for data center components is on the rise considering the volumes of data center being established worldwide, these data centers are also focusing on usage of semiconductor components that are highly effective, efficient and the optimization of performance of these components. Due to the capabilities of silicon photonics based products to deliver high efficiency in different operational cycles without compromising on the quality of performance their demands are set to rise in the forthcoming forecasted period of 2018-2025.
  • Power consumption is minimized: Another important factor behind the consistent rise of silicon photonics is the focus of different applications on the reduction of power consumption of their business operations and IT infrastructures. Silicon photonics enables greater efficiency in data transferring as it offers greater flexibility in data transferring while reducing the consumption of energy as compared to electrical conductor based technologies

Innovative product launches and expansion of market share by the different market players:

  • In May 2019, Luna introduced the “Luna 6415”, their first product for next-generation, high-performance and high-resolution analyzers developed for photonic integrated circuits and silicon photonics. The analyzer helps provide broad range of analysis and highly efficient testing for different optical components ensuring high quality of manufacturing for different optical components
  • In September 2018, Shenzhen Gigalight Technology Co., Ltd. announced the availability of the company’s latest silicon photonics based products by introducing “200G/400G AOC” equipped with PAM4 modulation alongside the availability of “100G QSFP28 CWDM4/PSM4” optical transceivers based on double 85 reliability standardizations providing high levels of stability and performance qualities. The company also launched the “100G QSFP28 PSM4” and “100G CFP-DCO” optical transceivers

The market is segmented on the basis of product as transceiver, variable optical attenuator, switch, cable and sensor. Component has been segmented into laser, modulator and photodetector. Application is categorized into data centre & high-performance computing, telecommunications, military, defence & aerospace, medical & life sciences, metrology and sensing.

“According to Data Bridge Market Research, Global Silicon Photonics Market is expected to reach USD 2255.7 million by 2025, growing with a potential rate of 21.3% during the forecast period of 2018 to 2025”

Some of the major players operating in market are Acacia, Luxtera, Intel Corporation, Cisco, Mellanox Technologies., Finisar Corporation., Globalfoundries, Hamamatsu Photonics, IBM, Juniper Networks, Inc., STMicroelectronics, Broadcom., Ciena Corporation., NeoPhotonics Corporation, Oclaro, Inc., Reflex Photonics Inc., RANOVUS Inc., SICOYA, Rockley Photonics., Lumentum,  SKORPIOS TECHNOLOGIES INC, Photline technologies, Avago technologies, Infinera Corporation., among others.

Due to the nascent stage of this technology, the market is witnessing a number of government initiatives and funding activities from different private organizations and other stakeholders, this focus on enhancing the technologies already present in the market is expected to result in the formulation of a number of valuable opportunities that can subsequently result in the market expansion practices.

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