The rising demand for high bandwidth, high data transfer, and government initiative to move towards e-banking are driving the market growth.

Summary of the Report:

The Global Silicon Photonics Market is projected to witness a significant increase in the revenue generation and is expected to register a CAGR of 22.7% in the forecast period of 2020-2027. The report further segments the Silicon Photonics industry into types of products offered by the market and application spectrum. The report is a comprehensive guide to gain insightful information about market dynamics, current and emerging trends, product portfolio, growth prospects, competitive landscape, and consumer behavior. The report also offers insights to help readers formulate strategic investment and business expansion plans.

The global Silicon Photonic Market is expected to reach USD 4.62 Billion by 2027, according to a new report by Emergen Research. The rapid growth in the usage of smartphones and internet services has led to the increased use of silicon photonics transceivers for telecommunications applications and is anticipated to fuel demand in the market for silicon photonics. The government’s influence on the population to shift towards e-banking and internet-based money banking is also expected to drive the silicon photonics market.

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The introduction of 5G technology and growing demand for bandwidth will provide an option for corporations to expand their R&D initiatives in the photonics sector. In 5G connectivity, this modern system will help to channel a large volume of data traffic at a low cost and to transform the radio access network efficiently. With the acceptance of cloud services, there is an increased rate of data traffic, which has directed to an rise in the demand for data centers. The rising demand for high-speed data transmission in data centers is projected to boost the demand for silicon photonics.

Global Silicon Photonics Market COVID-19 Analysis

The report is furnished with the latest changes in the market scenario and demand and supply ratios with regards to the currently unfolding COVID-19 pandemic. The research report offers an initial and future assessment of the impact of the COVID-19 pandemic on the industry and offers insights for the businesses to overcome the difficulties raised by the crisis.

The global Silicon Photonics market report analyzes the current trends of the market, along with the barriers expected to rise during the forecast estimation for 2020-2027. The report offers the growth spectrum of the key companies and utilizes the key statistical tools for the evaluation of the various elements of the industry to offer an accurate growth forecast.

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The report also takes into consideration the effect of the different restrictions imposed in different regions on the Silicon Photonics industry and its key segments. It also offers a current and future impact analysis of the pandemic on the overall Silicon Photonics market.

Key participants include IBM Corporation, Cisco Systems Inc., AIO Core Co. Ltd, Intel Corporation, Infinera Corporation, Mellanox Technologies Ltd, IPG Photonics Corporation, NKT Photonics, STMicroelectronics NV, and Hamamatsu Photonics K.K. among others.

The telecommunication industry is anticipated to witness the highest market growth rate throughout the forecast period due to the implementation of 5G technologies to deliver higher bandwidth and high-speed data transfer. As a result of developments in remote diagnostics and remote surgery in the medical and healthcare industries, the demand for silicon photonics is expected to expand in the healthcare industry.

The segmentation of the market is done on the basis of product types, application spectrum, and the key regions of the Silicon Photonics market. Along with this, the report also provides extensive coverage of the key companies and their strategic schemes to gain a substantial market position.

  • Product Outlook (Revenue, USD Billion; 2017-2027)
    • Sensors
    • Switches
    • Transceivers
    • Optical Attenuators
    • Optical Cable
  • Component Outlook (Revenue, USD Billion; 2017-2027)
    • Photodetector
    • Modulator
    • Laser
    • Waveguides
    • Filter
  • End-Use Outlook (Revenue, USD Billion; 2017-2027)
    • Consumer Electronics
    • Healthcare
    • Telecommunication & IT
    • Defense
    • Others

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The report offers a comprehensive overview of the global Silicon Photonics market scenario pertaining to market value, volume, production and consumption rates, and market segmentation based on types, regions, and applications.

North America has the largest market for multiplexer wavelength filters, and silicon optical modulators, become a lucrative destination for businesses to start the silicon photonics market due to government encouragement. The Asia-Pacific is expected to grow significantly due to an increasing population, growth in urbanization, and rising demand for data transmission.

Regional Outlook (Revenue, USD Billion; 2017-2027)

  • North America
    1. S.
    2. Canada
  • Europe
    1. Germany
    2. UK
    3. France
    4. Rest of Europe
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • MEA
    1. Saudi Arabia
    2. UAE
    3. Rest of MEA

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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 Market Segmentation & Impact Analysis

4.1. Silicon Photonics Market Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Increasing demand for high bandwidth and high data transfer

4.2.2.2. The rise in adoption of 2.5D integrated onboard silicon photonics

4.2.2.3. Government initiative to move towards e-banking

4.2.3. Market restraints analysis

4.2.3.1. Increasing risk of thermal effect.

4.2.3.2. Complex On-Chip Laser integration

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 Market By Product Insights & Trends, Revenue (USD Billion)

5.1. Product Dynamics & Market Share, 2019 & 2027

5.1.1. Sensors

5.1.2. Switches

5.1.3. Transceivers

5.1.4. Optical Attenuators

5.1.5. Optical Cable

Chapter 6. Silicon Photonics Market By Component Insights & Trends Revenue (USD Billion)

6.1. Component Dynamics & Market Share, 2019 & 2027

6.1.1. Photodetector

6.1.2. Modulator

6.1.3. Laser

6.1.4. Waveguides

6.1.5. Filter

Chapter 7. Silicon Photonics Market By End-Use Insights & Trends Revenue (USD Billion)

7.1. End-Use Channel Dynamics & Market Share, 2019 & 2027

7.1.1. Consumer Electronics

7.1.2. Healthcare

7.1.3. Telecommunication & IT

7.1.4. Defense

7.1.5. Others

Key Questions Addressed in the Report:

  • Who are the leading players of the Silicon Photonics industry?
  • Which region is expected to dominate the market in the coming years?
  • What are the key applications of the Silicon Photonics market?
  • Which segment is expected to garner traction during the coming years?

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Contact Us:

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Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

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