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Silicon Photonics Market - Forecasts from 2021 to 2026

Published: | Knowledge Sourcing Intelligence | 124 Pages | Delivery time: 1-2 business days


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Silicon Photonics Market - Forecasts from 2021 to 2026
Published: August 20, 2021
Knowledge Sourcing Intelligence
Content info: 124 Pages
Delivery time: 1-2 business days
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  • Description
  • Table of Contents

The silicon photonics market is evaluated at US$288.904 million for the year 2019 and is projected to grow at a CAGR of 22.23% to reach a market size of US$1,177.600 million by the year 2026. Silicon photonics refers to the use of silicon as an optical medium in photonic systems. The silicon material utilized in such photonic systems is precisely developed and deployed into micro photonic components with sub-micrometer accuracy. Silicon photonics devices operate at a wavelength of 1.55 micrometer, which is in the infrared spectrum and is frequently utilized in optical communications. Silicon photonics integrates technologies such as a complementary metal-oxide-semiconductor (CMOS), micro-electro-mechanical systems (MEMS), and three-dimensional stacking. The primary function of silicon photonics is to transmit data between computer chips using optical beams. Silicon photonics is a method of creating optical devices out of silicon that use photons to transport large amounts of data at fast speeds.

Furthermore, this technique permits data transport across an optical fiber with minimal power consumption. Furthermore, silicon photonics meets the growing demand for high data transmission rates while also enhancing data center capabilities such as computing, and processing demands.

The market for silicon photonics is being driven by increasing bandwidth, cloud computing performance demands for data centers, virtualization, fast-growing internet traffic, and other demanding data. Telecom, datacom, consumer applications (connecting laptops, PCs, HDTVs), data centers and high-performance computers, commercial video, metrology and sensors, medical, military, and aerospace are all important users of silicon photonics.

Demand for high-speed internet services is increasingly contributing to market growth.

The growing use of high-speed broadband services in government organizations, commercial, and other applications is driving up demand for these services. According to IMEC, data center optical links will be upgraded to 400Gb/s capacity in the next few years, allowing the aggregate bandwidth to be handled by a single data center switch, resulting in a 51.2Tb/s increase, necessitating ultra-high-density silicon photonics transceiver technology, tightly integrated and co-packaged with the switch CMOS chip. As a result, devices based on silicon photonics, including modulators, waveguides, and transceivers, are widely utilized in high-speed broadband applications. As a result, the market is expected to be driven by growing demand for high-speed internet.

Silicon Photonics Applications to Gain Market Share in Data Communication.

Silicon photonics is a growing field of photonics that has a distinct advantage over the electric conductors found in semiconductors, which are utilized in high-speed transmission systems.

Fiber-based optical interconnects can be utilized to offer point-to-point connectivity in data center applications, enabling high-bandwidth, inter-rack data transfers. However, when bulk optical components are used, high energy and cost are major drawbacks. High-bandwidth, multi-channel, wavelength division multiplexed with effective optical communication may be achieved by integrating silicon photonic devices. A notable example is the implementation of an on-chip channelized spectrum monitor and a network-node-on-a-chip using optical integrated circuits to replace bulk optical components with functional counterparts on monolithic silicon.

The increasing scope of utilization across several end-user industries contributes to market demand.

Silicon photonics is being used in a variety of applications, including sensors, high-performance computers, and so on. The market is examined in light of the considerable deployment of sensors in autonomous cars, as well as the expanding attempts to build autonomous vehicles. SiLC, a prominent company in silicon photonics devices, revealed in March 2020 that it had secured $12 million to develop LiDAR solutions for self-driving cars.

Favorable structural properties to aid expansion in market size.

Silicon photonics combines photonics with electronics on a silicon substrate, enhancing microprocessor capabilities and allowing them to run at lower power. Silicon photonics, which offers photonics for high data densities and transmission over long distances, is used in next-generation communication systems and data connectivity technologies. For the electronics industry's rejuvenation, several firms are speeding up the research and commercialization of silicon photonics devices. Silicon photonics is one of the most effective options for low-cost, sensitive, and specific measurements to assess health status while minimizing the complexity, cost, and size of the apparatus needed to collect the data.

Wide possible applications of the technology to provide lucrative market opportunities.

Wavelength division multiplexer filters, optical modulators, optical interconnects, silicon photonic waveguides, silicon LEDs, and silicon photodetectors are among the components used in silicon photonics-based systems. Optical guiding and dispersion tailoring, Kerr nonlinearity, two-photon absorption, free charge carrier interaction, second-order non-linearity, and the Raman effect are all physical features of silicon photonics systems. The propagation of light through an optical medium is governed by these characteristics. Optical interconnects, optical routing, and signal processing are all possible with silicon photonics technology.

Because of the existence of rising markets such as China and India, the Asia Pacific region holds the largest market share. The industry is growing due to the availability of low-cost labor and favorable government initiatives. For example, China's "Made in China 2025" plan seeks to make China a worldwide manufacturing leader by 2025. China is currently the world's leading producer of smartphones and other consumer electronics such as flat panel displays and lights. As a result of this endeavor, China aspires to become the world's "factory," with a beneficial influence on the market as a result. Furthermore, with the rise of the youthful workforce in countries like India, there is an increase in disposable money, which is projected to boost the market. This is because, to obtain a competitive edge, prominent suppliers are extending their footprint in the nation through partnerships or mergers and acquisitions.


By Product

  • Silicon Photo Detectors
  • Silicon Optical Modulators
  • Silicon Photonic Waveguides
  • Wavelength Division Multiplexer Filters
  • Others

By End-user industry:

  • Electrical and Electronics
  • Aerospace and Defence
  • Communication and Technology
  • Others

By Geography

  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Others
Table of Contents
Product Code: KSI061610553

Table of Contents

1. Introduction

  • 1.1. Market Definition
  • 1.2. Market Segmentation

2. Research Methodology

  • 2.1. Research Data
  • 2.2. Assumptions

3. Executive Summary

  • 3.1. Research Highlights

4. Market Dynamics

  • 4.1. Market Drivers
  • 4.2. Market Restraints
  • 4.3. Porter's Five Forces Analysis
    • 4.3.1. Bargaining Power of Suppliers
    • 4.3.2. Bargaining Power of Buyers
    • 4.3.3. The Threat of New Entrants
    • 4.3.4. Threat of Substitutes
    • 4.3.5. Competitive Rivalry in the Industry
  • 4.4. Industry Value Chain Analysis

5. Global Silicon Photonics Market Analysis, By Product

  • 5.1. Introduction
  • 5.2. Silicon Photo Detectors
  • 5.3. Silicon Optical Modulators
  • 5.4. Silicon Photonic Waveguides
  • 5.5. Wavelength Division Multiplexer Filters
  • 5.6. Others

6. Global Silicon Photonics Market Analysis, By End User

  • 6.1. Introduction
  • 6.2. Aerospace & Defense
  • 6.3. Electrical & Electronics
  • 6.4. Communication & Technology
  • 6.5. Others

7. Global Silicon Photonics Market Analysis, By Geography

  • 7.1. Introduction
  • 7.2. North America
    • 7.2.1. United States
    • 7.2.2. Canada
    • 7.2.3. Mexico
  • 7.3. South America
    • 7.3.1. Brazil
    • 7.3.2. Argentina
    • 7.3.3. Others
  • 7.4. Europe
    • 7.4.1. UK
    • 7.4.2. France
    • 7.4.3. Germany
    • 7.4.4. Italy
    • 7.4.5. Others
  • 7.5. Middle East and Africa
  • 7.6. Asia Pacific
    • 7.6.1. Japan
    • 7.6.2. China
    • 7.6.3. India
    • 7.6.4. South Korea
    • 7.6.5. Others

8. Competitive Environment and Analysis

  • 8.1. Major Players and Strategy Analysis
  • 8.2. Emerging Players and Market Lucrativeness
  • 8.3. Mergers, Acquisitions, Agreements, and Collaborations
  • 8.4. Vendor Competitiveness Matrix

9. Company Profiles

  • 9.1. Intel Corporation
  • 9.2. Adva Optical Networking
  • 9.3. IBM
  • 9.4. Cisco
  • 9.5. Rockley Photonics
  • 9.6. GlobalFoundries
  • 9.7. Neophotonics
  • 9.8. MACOM
  • 9.9. Sicoya
  • 9.10. II-VI Incorporated