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PUBLISHER: IMARC | PRODUCT CODE: 1722804
PUBLISHER: IMARC | PRODUCT CODE: 1722804
Silicon Photomultiplier (SiPM) Market Report Size, Share, Trends and Forecast by Type, Device Type, Application, Industry Vertical, and Region, 2025-2033
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PAGES: 147 Pages
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The global silicon photomultiplier (SiPM) market size was valued at USD 146.77 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 240.20 Million by 2033, exhibiting a CAGR of 5.34% from 2025-2033. North America currently dominates the market, holding a significant share of 37.6% in 2024. The increasing product demand in medical imaging devices, rapid expansion of LiDAR applications, significant advancements in particle physics and nuclear research, and widespread use of SiPM in astronomy and space research, are some of the vital factors propelling the market forward.
The silicon photomultiplier (SiPM) refers to a solid-state photodetector device with single-photon sensitivity, photon counting capability, and quick response. It is a semiconductor device that generates an output current pulse in response to the absorption of a photon. It is widely used for sensing, timing, and quantifying low-light signals down to the single-photon level. It also offers advantages, such as low-voltage operation, excellent response uniformity, mechanical robustness, insensitivity to magnetic fields, high gain, and temperature stability. In recent years, SiPM has gained traction as an alternative to the traditional photomultiplier tube (PMT) due to its compact size and higher efficiency across numerous industries, including electronics, automotive, healthcare, IT and telecommunication, oil and gas, industrial, and aerospace.
Silicon Photomultiplier (SiPM) Market Trends:
SiPM is extensively employed in medical imaging, biophotonics, hazard and threat detection, high energy physics, light detection and ranging (LiDAR), and 3D mapping technology. As a result, the increasing product applications and significant growth in the end use sectors represent the primary factors driving the market growth. Additionally, the growing need for accurate diagnosis in the healthcare industry and the rising adoption of LiDAR technology in the aerospace and automotive sectors are augmenting the demand for silicon photomultiplier. Besides this, the widespread usage of the advanced driver assistance system (ADAS) and the surging sales of high-end vehicles are accelerating product adoption rates. Furthermore, the leading players are engaging in research and development (R&D) activities to launch innovative product variants to gain a competitive edge and expand their customer base. Other factors, including the shifting inclination toward semi-autonomous vehicles, the increasing number of nuclear power plants, the growing demand for product detection and imaging, and technological advancements, are also creating a positive market outlook.
Key Market Segmentation:
Breakup by Type:
- NUV SiPM
- RGB SiPM
Breakup by Device Type:
- Analog SiPM
- Digital SiPM
Breakup by Application:
- LiDAR
- Medical Imaging
- High Energy Physics
- Hazard and Threat Detection
- Others
Breakup by Industry Vertical:
- Automotive
- Healthcare
- IT and Telecommunication
- Aerospace
- Oil and Gas
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AdvanSiD, Berkeley Nucleonics Corporation, Broadcom Inc., Cremat Inc, Dynasil Corporation, Excelitas Technologies Corp., First Sensor AG (TE Connectivity), Hamamatsu Photonics K.K., John Caunt Scientific ltd., PicoQuant and Semiconductor Components Industries LLC.
Key Questions Answered in This Report
- 1.How big is the silicon photomultiplier (SiPM) market?
- 2.What is the future outlook of the silicon photomultiplier (SiPM) market during 2025-2033?
- 3.What are the key factors driving the silicon photomultiplier (SiPM) market?
- 4.What are the key regions in the silicon photomultiplier (SiPM) market?
- 5.Which are the leading companies in the global silicon photomultiplier (SiPM) market?
Product Code: SR112025A5174
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Silicon Photomultiplier (SiPM) Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 NUV SiPMs
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 RGB SiPMs
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Device Type
- 7.1 Analog SiPMs
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Digital SiPMs
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 LiDAR
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Medical Imaging
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 High Energy Physics
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Hazard and Threat Detection
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Industry Vertical
- 9.1 Automotive
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Healthcare
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 IT and Telecommunication
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Aerospace
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Oil and Gas
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Others
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 AdvanSiD
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 Berkeley Nucleonics Corporation
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Broadcom Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 Cremat Inc
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Dynasil Corporation
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.6 Excelitas Technologies Corp.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 First Sensor AG (TE Connectivity)
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.8 Hamamatsu Photonics K.K.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 John Caunt Scientific ltd.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 PicoQuant
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Semiconductor Components Industries LLC
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.1 AdvanSiD
Product Code: SR112025A5174
List of Figures
- Figure 1: Global: Silicon Photomultiplier Market: Major Drivers and Challenges
- Figure 2: Global: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019-2024
- Figure 3: Global: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 4: Global: Silicon Photomultiplier Market: Breakup by Type (in %), 2024
- Figure 5: Global: Silicon Photomultiplier Market: Breakup by Device Type (in %), 2024
- Figure 6: Global: Silicon Photomultiplier Market: Breakup by Application (in %), 2024
- Figure 7: Global: Silicon Photomultiplier Market: Breakup by Industry Vertical (in %), 2024
- Figure 8: Global: Silicon Photomultiplier Market: Breakup by Region (in %), 2024
- Figure 9: Global: Silicon Photomultiplier (NUV SiPMs) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 10: Global: Silicon Photomultiplier (NUV SiPMs) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 11: Global: Silicon Photomultiplier (RGB SiPM) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 12: Global: Silicon Photomultiplier (RGB SiPM) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 13: Global: Silicon Photomultiplier (Analog SiPMs) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 14: Global: Silicon Photomultiplier (Analog SiPMs) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 15: Global: Silicon Photomultiplier (Digital SiPMs) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 16: Global: Silicon Photomultiplier (Digital SiPMs) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 17: Global: Silicon Photomultiplier (LiDAR) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 18: Global: Silicon Photomultiplier (LiDAR) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 19: Global: Silicon Photomultiplier (Medical Imaging) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 20: Global: Silicon Photomultiplier (Medical Imaging) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 21: Global: Silicon Photomultiplier (High Energy Physics) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 22: Global: Silicon Photomultiplier (High Energy Physics) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 23: Global: Silicon Photomultiplier (Hazard and Threat Detection) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 24: Global: Silicon Photomultiplier (Hazard and Threat Detection) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 25: Global: Silicon Photomultiplier (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 26: Global: Silicon Photomultiplier (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 27: Global: Silicon Photomultiplier (Automotive) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 28: Global: Silicon Photomultiplier (Automotive) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 29: Global: Silicon Photomultiplier (Healthcare) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 30: Global: Silicon Photomultiplier (Healthcare) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 31: Global: Silicon Photomultiplier (IT and Telecommunication) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 32: Global: Silicon Photomultiplier (IT and Telecommunication) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 33: Global: Silicon Photomultiplier (Aerospace) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 34: Global: Silicon Photomultiplier (Aerospace) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 35: Global: Silicon Photomultiplier (Oil and Gas) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 36: Global: Silicon Photomultiplier (Oil and Gas) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 37: Global: Silicon Photomultiplier (Other Industry Verticals) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 38: Global: Silicon Photomultiplier (Other Industry Verticals) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 39: North America: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 40: North America: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 41: United States: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 42: United States: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 43: Canada: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 44: Canada: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 45: Asia-Pacific: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 46: Asia-Pacific: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 47: China: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 48: China: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 49: Japan: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 50: Japan: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 51: India: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 52: India: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 53: South Korea: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 54: South Korea: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 55: Australia: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 56: Australia: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 57: Indonesia: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 58: Indonesia: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 59: Others: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 60: Others: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 61: Europe: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 62: Europe: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 63: Germany: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 64: Germany: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 65: France: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 66: France: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 67: United Kingdom: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 68: United Kingdom: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 69: Italy: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 70: Italy: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 71: Spain: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 72: Spain: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 73: Russia: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 74: Russia: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 75: Others: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 76: Others: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 77: Latin America: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 78: Latin America: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 79: Brazil: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 80: Brazil: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 81: Mexico: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 82: Mexico: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 83: Others: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 84: Others: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 85: Middle East and Africa: Silicon Photomultiplier Market: Sales Value (in Million USD), 2019 & 2024
- Figure 86: Middle East and Africa: Silicon Photomultiplier Market: Breakup by Country (in %), 2024
- Figure 87: Middle East and Africa: Silicon Photomultiplier Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 88: Global: Silicon Photomultiplier Industry: SWOT Analysis
- Figure 89: Global: Silicon Photomultiplier Industry: Value Chain Analysis
- Figure 90: Global: Silicon Photomultiplier Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Silicon Photomultiplier Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Silicon Photomultiplier Market Forecast: Breakup by Type (in Million USD), 2025-2033
- Table 3: Global: Silicon Photomultiplier Market Forecast: Breakup by Device Type (in Million USD), 2025-2033
- Table 4: Global: Silicon Photomultiplier Market Forecast: Breakup by Application (in Million USD), 2025-2033
- Table 5: Global: Silicon Photomultiplier Market Forecast: Breakup by Industry Vertical (in Million USD), 2025-2033
- Table 6: Global: Silicon Photomultiplier Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 7: Global: Silicon Photomultiplier Market: Competitive Structure
- Table 8: Global: Silicon Photomultiplier Market: Key Players
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