Silicon Photonics Market Insights with statistics and Growth Prediction 2021 to 2026

By Ronak Bora

The research report on silicon photonics market, in substance, presents an exclusive understanding of the vast expanse of the business space in question. The report comprises a gist of the industry by means of providing an executive summary, industry insights, industry ecosystem analysis, market segmentation, and global trends. Furthermore, the study also provides deliverables pertaining to the regulatory and competitive landscapes and the strategic perspectives of various industry contenders with respect to the market.
The silicon photonics market is expected to register sizable revenue growth owing to rising adoption of innovative technologies like 5G. The advent of 5G technology is likely to intensify the demand for high bandwidth to provide enhanced network communication, supporting the demand for silicon photonics.
Due to the ongoing COVID-19 pandemic, telecom operators are witnessing a heavy demand for high-speed internet connections around the world. This might also boost the use of silicon photonics as it helps in transmitting high-speed data over the internet.
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The medical application segment is estimated to record a compound annual growth rate of more than 30% over the forecast period. This growth can be contributed to the rising use of photonics biosensors in medical monitoring and diagnostics processes that improves Point-of-care (POC) diagnostics by providing miniaturization capability and high sensibility in biosensors. Apart from medical, silicon photonics are also used in verticals like telecommunication, and data center & HPC.
Proliferating demand for optical transmission across data centers to deliver high-speed network communications and expand bandwidth is playing a crucial role in stimulating the demand for modulator components. Estimates suggest that the modulator segment could register a compound annual growth rate of almost 30% by the end of 2026.
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Companies like Cisco Systems Inc., Intel Corporation, Hamamatsu Photonics K.K., Global Foundries, Juniper Networks Inc., IBM Corporation, Broadcom, NeoPhotonics Corporation and STMicroelectronics are at the forefront of the global silicon photonics market.
Major Key Points from Table of Content:
Chapter 5.   Silicon Photonics Market, By Product
5.1.  Key trends, by product
5.2.  Transceiver
5.2.1. Market estimates and forecast, 2016 - 2026
5.3.  Variable optical attenuator
5.3.1. Market estimates and forecast, 2016 - 2026
5.4.  Switch
5.4.1. Market estimates and forecast, 2016 – 2026
5.5.  Cable
5.5.1. Market estimates and forecast, 2016 – 2026
5.6.  Sensor
5.6.1. Market estimates and forecast, 2016 – 2026
Chapter 6.   Silicon Photonics Market, By Component
6.1.  Key trends, by component
6.2.  Active
6.2.1. Market estimates and forecast, 2016 – 2026
6.2.2. Laser
6.2.2.1.    Market estimates and forecast, 2016 - 2026
6.2.3. Modulator
6.2.3.1.    Market estimates and forecast, 2016 - 2026
6.2.4. Photodetector
6.2.4.1.    Market estimates and forecast, 2016 - 2026
6.2.5. Others
6.2.5.1.    Market estimates and forecast, 2016 - 2026
6.3.  Passive
6.3.1. Market estimates and forecast, 2016 – 2026
6.3.2. Filter
6.3.2.1.    Market estimates and forecast, 2016 - 2026
6.3.3. Waveguide
6.3.3.1.    Market estimates and forecast, 2016 – 2026
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About Author

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport....

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