PUBLISHER: Polaris Market Research | PRODUCT CODE: 1067205
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1067205
The global silicon photonics market size is expected to reach USD 9.14 billion by 2030 according to a new study by Polaris Market Research. The report "Silicon Photonics Market Share, Size, Trends, Industry Analysis Report, By Product (Transceivers, Variable Optical Attenuators, Switches, Cables, and Sensors), By Component (Lasers, Modulators, and Photo Detectors), By Waveguide, By Application; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing demand for silicon photonics across various industries like metrology, military & defense, healthcare, etc. is a major factor that stimulates industry growth. In addition, the increasing adoption of silicon in photonics goods in data centers, as well as rising internet traffic is further propelling the industry demand across the globe. Furthermore, the incorporation of the 5G technology along with the adoption of IoT, smartphones, and AI-powered devices is likely to fuel the industry's growth.
Based on end-user, the data center & high-performance computing segment is dominating the global industry with the highest revenue share and is likely to lead over the forthcoming scenario. Growing data center traffic and increasing volume of the global network are augmenting the market growth. Additionally, the surging requirements for the high bandwidth capacity and high-energy competence for enhancing data transmission are further bolstering industry demand in the impending years.
The growing adoption of silicon technology in short-reach communication is the major impelling factor for the industry growth across the globe. Such technology helps in enhancing the performance of short-reach communications systems. Through this technology, end-users can share data up to 10 km with a speed of 400Gbps. Thereby, leading companies such as Molex, Intel, Luxtera, and many others are constantly working for boosting the transmission speed and transmission distance. Hence, the rising trend of short-reach data communication inside data centers is stimulating the demand for silicon photonics technology, which, in turn, spurs industry growth.
Market participants such as SICOYA, STMicroelectronics NV, AIO Core Co. Ltd., Mellanox Technologies Ltd., IBM Corporation, Finisar Corporation, Intel Corporation, Cisco Systems Inc., and Infinera Corporation are some of the key players operating in the global market.
The tactical actions such as mergers & acquisitions, product launches, and others by the prominent market players are supporting the global market development. For instance, in September 2021, the launch of the CFP2-DCO module transceiver was announced by NeoPhotonics. The product offers a transmission speed of 400 Gbps over the 1500 km range.
Polaris Market Research has segmented the silicon photonics market report on the basis of product, component, waveguide, application, and region:
Silicon Photonics, Product Outlook (Revenue - USD Million, 2018 - 2030)
Transceivers
Variable Optical Attenuators
Switches
Cables
Sensors
Silicon Photonics, Component Outlook (Revenue - USD Million, 2018 - 2030)
Lasers
Modulators
Photo Detectors
Silicon Photonics, Waveguide Outlook (Revenue - USD Million, 2018 - 2030)
400-1,500 NM
1,310-1,550 NM
900-7000 NM
Silicon Photonics, Application Outlook (Revenue - USD Million, 2018 - 2030)
Data Centers and High-performance computing
Telecommunication
Military, Defense and Aerospace
Medical and Life Science
Other Applications
Silicon Photonics, Regional Outlook (Revenue - USD Million, 2018 - 2030)
North America
U.S
Canada
Europe
France
Germany
UK
Italy
Spain
Netherlands
Austria
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
List of Tables
Figure 1. Global Silicon Photonics Market, 2018 - 2030 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Waveguide
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Product
Figure 7. Global Silicon Photonics Market, by Product, 2021 & 2030 (USD Billion)
Figure 8. Market by Waveguide
Figure 9. Global Silicon Photonics Market, by Waveguide, 2021 & 2030 (USD Billion)
Figure 10. Market by Component
Figure 11. Global Silicon Photonics Market, by Component, 2021 & 2030 (USD Billion)
Figure 12. Market by Application
Figure 13. Global Silicon Photonics Market, by Application, 2021 & 2030 (USD Billion)
Figure 14. Silicon Photonics Market Assessment, By Geography, 2018 - 2030 (USD Billion)
Figure 15. Strategic Analysis - Silicon Photonics Market