Uploaded on Aug 28, 2019
The Global Silicon Photonics Market is expected to grow at a CAGR of 19.70% between the forecast periods of 2017-2025. Read more.
Silicon Photonics Market | Global Market Forecast Report 2019-2027
Global Silicon Photonics Market
Forecast 2019-2027
Agenda
Regional
Key Findings Insights
Market Competitive
Insights Insights
Left Image Slide Key Findings
• Silicon photonics is the innovative study and
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Various versions have evolved. processing, manipulating and further employing
light rays for faster data transmission both
between and within microchips.
• The global silicon photonics market is expected to
grow at a CAGR of 19.70% between the forecast
periods of 2017-2025.
• The revenue generated by the global market is
predicted to increase from $XX million in 2018 to
$XX million by 2027.
• Low power consumption, compact size, lower
cost, high-speed data transfer and processing and
a surge in data transfer capacity are some of the
major drivers for this market.
Market Insights
• The market is segmented on the basis of components, products and
application. The components can be further classified into silicon photonic
waveguides, optical modulators and silicon optical interconnects.
• By product type, the market constitutes of silicon optical transceivers,
silicon optical switches, silicon photonic IC, silicon photonic sensors and
silicon photonic photovoltaic cells/solar cells.
• The optical switcher market had the largest market share of xx% in 2018
whereas it is the solar cells market which is expected to grow rapidly at an
anticipated CAGR of xx%. At present, silicon photonics is widely applied in
the telecommunication field.
• Thus, the telecommunication application is anticipated to dominate the
silicon photonics market.
• The Sensing market application is also expected to grow at a CAGR of xx%
during the forecast period, but it is the spectroscopy application which is
predicted to exhibit the fastest growth in the coming years.
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The Global Silicon Photonics Market is estimated to grow with 19.70%
CAGR during the forecasting years of 2019-2027.
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Request Free Sample The North
America Silicon Photonics
Market is anticipated to
grow at 17.77% CAGR
during the forecasting
years of 2019-2027.
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The Europe
Silicon Photonics Market is
estimated to grow with
19.33% CAGR during the
forecasting years 2019-2027.
The Asia Pacific
Silicon Photonics Market
is expected to grow at the Request Free Sample
fastest CAGR of 22.74%
over the forecasting
period of 2019-2027.
Competitive Insights
The leading global companies in the silicon photonics industry
use organic and inorganic strategies for growth. For instance, in
November 2018, II-VI Incorporated, a global leader in engineered
materials and optoelectronic components, and Finisar
Corporation, another global technology leader in optical
communications, entered into a definitive merger agreement
under which II-VI will acquire Finisar in a cash and stock
transaction with an equity value of approximately $XX billion.
Similarly, other pioneer company who are diving into this market
are Okmetic Oy, STMicroelectronics N.V, Mellanox Technologies,
ADVA Optical Networking Se, Chiral Photonics Inc., Enablence
Technologies Inc., Hamamatsu Photonics K.K., Finisar
Corporation, Hewlett-Packard Co., Intel Corporation, Cisco
Systems, Inc., Infinera Corporation, Ltd. Molex LLC and
Neophotonics Corporation.
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