The global silicon photonics market size is expected to reach USD 918.3 million by 2025, according to a new report conducted by Grand View Research, Inc. The rapid emergence of commercial and consumer electronics applications is anticipated to revolutionize the market by 2025.
The
IT and telecommunication application segment would dominate the sector in terms
of market size over the forecast period. Silicon photonics devices find
commercial applications in high-performance computers and data center
applications. The silicon photonics technology offers a cost-effective and
reliable solution to commercial applications.
The
key value chain components for the silicon photonics system include raw
material suppliers, component manufacturers (chip and optical interconnect
fabrication firms), Original Equipment Manufacturers (OEMs), server system
distributors, and end-use segments. Silicon photonics has been a significant
research arena since the last decade on account of potential benefits of the
optoelectronics integration.
The
market can be categorized based on application types into consumer electronics,
IT & telecommunication, commercial, defense & security, and healthcare
& life science verticals. Silicon photonics devices find commercial
applications in high-performance computers and data center applications.
Small
size and cost-effectiveness are the ideal features desired from silicon
photonics, which is largely driving the growth of the silicon photonics market.
Vendors provide solutions across a wide range of industries, such as mobile
broadband Internet access, high-performance computing, data center and
enterprise networking, and metro and long haul data communications, among many
others.
For Full Research Report On Silicon Photonics Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/silicon-photonics-market
Further key
findings from the report suggest:
- The industry is predicted to
grow as the products would rapidly gain traction. This is attributed to
the ability of products to be incorporated in different application areas,
such as IT and telecommunication, consumer electronics, and commercial.
- The increasing demand for
active optical cables, optical multiplexers, and optical attenuators
provides numerous growth opportunities as they offer considerable options
to attain low-cost economies
- The North American region
dominated the marketplace, accounting for the largest global silicon
photonics market share (in terms of revenue) in 2015
- The key industry
participants include Cisco Systems Inc., Finisar Corporation, Intel
Corporation, Mellanox Technologies, and Molex Incorporated
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https://www.grandviewresearch.com/industry-analysis/silicon-photonics-market/request/rs1
Grand View Research has segmented
the global silicon photonics market based on component, product, application,
and region:
Silicon Photonics
Component Outlook (Revenue, USD Million, 2014 - 2025)
- Optical Waveguides
- Optical Modulators
- Photodetectors
- Wavelength-Division
Multiplexing (WDM) Filters
- Laser
Silicon Photonics
Product Outlook (Revenue, USD Million, 2014 - 2025)
- Transceivers
- Active Optical Cables
- Optical Multiplexers
- Optical Attenuators
- Others
Silicon Photonics
Application Outlook (Revenue, USD Million, 2014 - 2025)
- IT & Telecommunications
- Consumer Electronics
- Healthcare & Life
Sciences
- Commercial
- Defense and Security
- Others (Media &
Advertising)
Silicon Photonics
Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- India
- Japan
- Latin America
- Mexico
- Brazil
- The Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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