The global silicon photonics market 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.
Browse full research report on Global Silicon Photonics Market: http://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 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
Grand View Research has segmented the 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 information: www.grandviewresearch.com
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