Global Silicon Photonics Market, By Product (Transceiver, Variable Optical Attenuator, Switch, Cable, Sensor), Waveguides (400–1,500 NM, 1,310–1,550 NM, 900–7,000 NM), Material (Silicon Photonics and Photonic IC), Component (Laser, Modulator, Photo-Detector, Wavelength-Division Multiplexing (WDM) Filters), Application (Data Centre and High-Performance Computing, Telecommunications, Commercial, Military, Defense and Aerospace, Medical and Life Sciences, Sensing), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights : Global Silicon Photonics Market
The silicon photonics market is expected to witness market growth at a rate of 22.57% in the forecast period of 2022 to 2029. Data Bridge Market Research report on silicon photonics market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the demand for high-speed broadband services is escalating the growth of silicon photonics market.
Silicon photonics technology is known to be have a huge potential to utilize the power of optical networking inside computers and which is utilized to create new generation of miniaturized with low-cost photonic components, this can also be applied in other applications. In one potential use, Si-photonic chips would coexist in many boards.
Major factors that are expected to boost the growth of the silicon photonics market in the forecast period are the rise in the demand for CMOS-integrated silicon photonics technology in data centers. Furthermore, the increase in the focus on reducing power consumption using silicon photonic transceivers is further anticipated to propel the growth of the silicon photonics market. Moreover, the growing necessity for high bandwidth and high data transfer capabilities is further estimated to cushion the growth of the silicon photonics market. On the other hand, the growing risk of thermal effect and complexity in integration of on-chip laser are further projected to impede the growth of the silicon photonics market in the timeline period.
In addition, the rise in the application scope of silicon photonics and the increasing employment of silicon photonics technology in short-reach communication will further provide potential opportunities for the growth of the silicon photonics market in the coming years. However, the implanting of silicon photonic components into small circuits and unproductive electroluminescence of bulk crystalline silicon might further challenge the growth of the silicon photonics market in the near future.
This silicon photonics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the silicon photonics market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Silicon Photonics Market Scope and Market Size
The silicon photonics market is segmented on the basis of product, waveguides, component, material and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the silicon photonics market has been segmented into transceiver, variable optical attenuator, switch, cable and sensor.
- On the basis of waveguides, the silicon photonics market has been segmented into 400–1,500 nm, 1,310–1,550 nm and 900–7,000 nm.
- On the basis of component, the silicon photonics market has been segmented into laser, modulator, photo-detector and wavelength-division multiplexing (WDM) filters.
- On the basis of material, the silicon photonics market has been segmented into silicon photonics and photonic IC. Silicon photonics is further sub segmented into silicon, InP, SiGe, and others.
- On the basis of application, the silicon photonics market has been segmented into data centre and high-performance computing, telecommunications, commercial, military, defense and aerospace, medical and life sciences and sensing.
Silicon Photonics Market Country Level Analysis
The silicon photonics market is analyzed, and market size, volume information is provided by country, product, waveguides, component, material and application as referenced above.
The countries covered in the silicon photonics market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
Asia-Pacific dominates the silicon photonics market due to the rise in the demand for high speed internet network. Furthermore, the advanced penetration of mobile devices will further boost the growth of the silicon photonics market in the region during the forecast period. North America is projected to observe significant amount of growth in the silicon photonics market due to the centre of several technology companies and research and development establishments. Moreover, the technological developments is further anticipated to propel the growth of the silicon photonics market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Silicon Photonics Market Share Analysis
The silicon photonics market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the silicon photonics market.
Some of the major players operating in the silicon photonics market are Acacia Communications Inc., Luxtera, Intel Corporation, Cisco Systems Inc., SKORPIOS TECHNOLOGIES INC, Ciena Corporation., NeoPhotonics Corporation, Mellanox Technologies., Finisar Corporation., Globalfoundries, Hamamatsu Photonics, IBM, Juniper Networks, Inc., Rockley Photonics Ltd., STMicroelectronics, Broadcom., Oclaro, Inc., Reflex Photonics Inc., RANOVUS Inc., SICOYA, Lumentum Operations LLC among others.
SKU-