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Silicon Photonics Market (Product - Transceiver, Variable Optical Attenuator, Switch, Cable, and Sensor; Component - Active Components, and Passive Components; Applications - Telecommunication and Data Transfer, Data Communication, Sensing, Metrology, Consumer Electronics & Display, Healthcare, and High Performance Computing): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : January, 2020

  • Rep Id : ICT1315

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Silicon Photonics Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Silicon Photonics Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Silicon Photonics Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on the silicon photonics market provides an in-depth analysis of segments and sub-segments in the global as well as regional silicon photonics market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional silicon photonics market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global silicon photonics market. According to the report, the global silicon photonics market is projected to grow at a CAGR of 21.6% over the forecast period of 2019-2025.

 

Market Insight

Silicon photonics has become one of the major technologies in this very digital age. In recent years, it has been intensively trailed by researchers and entrepreneurs across the world. It has emerged as an auspicious solution to realize high-performance computing (HPC) systems required in the Big Data era. It has numerous applications in the domains of HPC, data centers, sensors and bio-sensing, aerospace, etc. The high-density data communication will become much cheaper, more reliable, and less energy consuming which is the final goal of achieving silicon photonics. Silicon photonics technology offers outstanding potentials for the integration of highly-complex active and passive photonic devices by allowing monolithic integration of MWP (Microwave Photonics) with high-speed silicon electronics. Several manufacturers from different regions are investing in developing integration the capability that will elevate their business and will also lead to the silicon photonics market demand growth.

 

The need for higher data transfer rates and increasing demand for silicon photonics based products in data centers are driving the growth of the silicon photonics market. The growing need for a higher data transfer rate is forcing various manufacturers to adopt silicon photonics technology to enhance the computational and processing capabilities of data centers. Silicon photonics promises higher capacity and more efficient data transfer for data center interconnects at distances typically less than 80 km. Furthermore, for telecommunications, this technology raises the amount of data transmitted over the same fiber lines without the need to expand fiber cabling. Silicon photonics technology will enable the creation of new designs for semiconductors, chips, optical components, and entire data systems owing to continuous new developments. However, the high power consumption of laser devices hampers the silicon photonics market growth. Moreover, increasing demand in telecom and data communication industries is anticipated to provide growth opportunities to the market players. Silicon photonics for telecom and data communication industries has extended its range of applications moving from the traditional long-distance and metropolitan transport networks to the access segment of fixed and mobile networks. In mobile networks, photonic networking is alleged as a key technology for both the backhaul and the front haul applications. Silicon photonics is already considered the most feasible technology for intra-system interconnect in routers, switches, radio base stations, data centers, etc.

 

Geographically, North America holds a large market share of the global silicon photonics market. Increasing the developments in the telecommunications industry is the major driving factor for the North America silicon photonics market. The factors such as growth in technological advancements in Information & Communication Technology (ICT) sector and the emergence of Artificial Intelligence (AI) & Internet of Things (IoT) are estimated to boost the market growth in this region over the forecasted period.

 

Segment Covered

The report on global silicon photonics market covers segments such as product, component, and applications. On the basis of product, the sub-markets include transceiver, variable optical attenuator, switch, cable, and sensor. On the basis of component, the sub-markets include active components, and passive components. On the basis of applications, the sub-markets include telecommunication and data transfer, data communication, sensing, metrology, consumer electronics & display, healthcare, and high performance computing.

 

Companies Profiled:

The report provides profiles of the companies in the market such as OneChip Photonics Inc., Infinera Corporation, Skorpios technologies Inc., NeoPhotonics Corporation, Mellanox Technologies, Inc., Cisco Systems, Inc., Acacia Communications, Inc., Intel Corporation, Keopsys Group, Finisar Corporation, and other companies.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the silicon photonics market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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