The growing demand for high data transfer capabilities and high bandwidth are boosting the demand for the silicon photonics devices market.

The global Silicon Photonics Devices Market is forecasted to be worth USD 4,328.5 Million by 2027, according to a current analysis by Emergen Research. As there is a growing trend for connected devices and IoT in several industries, the need for the number of data points has also increased substantially. The factor driving the demand for the market is efficient power consumption usage in silicon photonics devices and increasing the bandwidth requirement for the transfer of large data. Increased funding into the sector has also propelled the growth of the market.

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A newly evolving technology in the semiconductors and electronics sector, the silicon photonic devices are being accepted in the market at an accelerated rate. The market is experiencing a great clamor due to efficient cloud computing practices and the automation sector in concern with providing safer technologies in vehicles. Recent research done by Emergen Research suggests that the Global Silicon Photonics Devices Market was valued at USD 879.3 Million last year and is growing at an average annual rate of 23.2% with an expectancy to reach USD 4,328.5 Million by the year 2027.

Market Drivers

The Silicon Photonics Devices market is substantially driven by the escalating trend in the IoT sector as the need for the number of data points continues to increase. The devices help conserve power while at the same time, initiate a large transfer of data with increased bandwidth. With the growing incorporation of IT sector, they are also being introduced in the healthcare department in the form of refractive sensing and lab-on-chip solutions and as optical cables and multiplexers in the telecommunications department. Moreover, research promotes the upscaling of this industry due to the emerging need for better, reliable, and low-cost economies.

Key participants include Broadcom Limited, Acacia Communications, Inc., Finisar Corporation, Cisco Systems, Inc., Huawei Technologies Co., Ltd., Hamamatsu Photonics K. K., Infinera Corporation, IBM Corporation, Intel Corporation, and Luxtera, among others.

Regional Analysis

The Asia Pacific region is observing a huge demand in need for silicon photonic devices and is anticipated to rise globally with an average growth rate of 25.6% by the end of the coming decade. The North American region is currently dominating the market with its soaring growth in the IT sector and state-of-the-art technology and research facilities.

For the purpose of this report, Emergen Research has segmented into the global Silicon Photonics Devices Market on the basis of product, devices, application, and region:

  • Product Outlook (Revenue, USD Billion; 2017-2027)
    • Optical Cables
    • Multiplexers
    • Optical Transceivers
    • Attenuators
    • Radio Frequency Circuit
  • Devices Outlook (Revenue, USD Billion; 2017-2027)
    • Photo Detector
    • Optical Waveguide
    • Optical Modulator
    • Optical Switches
    • Laser
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • IT & Telecommunication
    • Healthcare
    • Defense
    • Consumer Electronics
    • Others

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Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Silicon Photonics Devices Market Segmentation & Impact Analysis

4.1. Silicon Photonics Devices Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis Efficient Power Consumption using Silicon Photonics Funding Landscape of the Silicon Photonics Industry Increasing Bandwidth Requirement for Huge Amount of Data Transfer

4.2.3. Market restraints analysis Complex Communication Systems

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Chapter 5. Silicon Photonics Devices Market By Product Insights & Trends Revenue (USD Million)

5.1. Product Dynamics & Market Share, 2019 & 2027

5.1.1. Optical Cables

5.1.2. Multiplexers

5.1.3. Optical Transceivers

5.1.4. Attenuators

5.1.5. Radio Frequency Circuit

Chapter 6. Silicon Photonics Devices Market By Devices Insights & Trends Revenue (USD Million)

6.1. Devices Dynamics & Market Share, 2019 & 2027

6.1.1. Photo Detector

6.1.2. Optical Waveguide

6.1.3. Optical Modulator

6.1.4. Optical Switches

6.1.5. Laser

Chapter 7. Silicon Photonics Devices Market By Application Insights & Trends Revenue (USD Million)


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