Silicon Photonics Devices Market Using historical data and trends, this report highlights emerging markets, company profiles, and growth factors in emerging markets through 2027

Silicon Photonics Devices Market

According to a recent estimate by Emergen Research, the market for silicon photonic devices would be valued USD 4,328.5 million by 2027. The demand for data points has grown significantly along with the trend toward linked devices and IoT in many industries. The market’s demand is being driven by silicon photonics devices’ effective power consumption and the rising bandwidth requirements for the transfer of massive amounts of data. The market has grown as a result of more money being invested in the area.

Additionally, as the cost of these devices has decreased, demand has greatly expanded in a number of industries, including telecommunications, healthcare, and defence, among others. The healthcare sector’s increased awareness and the adoption of IT solutions like lab-on-chip technology and refractive sensing have also increased market demand. As they offer a variety of ways to achieve low-cost economies, the rising need for active optical cable, optical attenuators, and optical multiplexers presents a wealth of growth potential.

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Some Key Highlights from the Report

To accelerate the development of silicon photonics device testing and measurement, Physik Instrumente (PI) and FormFactor will collaborate as MeasureOne in September 2020. Delivering performance-validated, integrated solutions that address users’ test and measurement needs is MeasureOne’s primary goal.

Since its introduction, fibre optics have revolutionised network communication. A lot of data is transmitted quickly via fibre optic connections. The technology is employed in internet cables, which can carry more data and are lighter, smaller, and more flexible than copper wires.

A variety of gadgets use photo detectors, including TV receivers, VCR remote controls, and automatic supermarket doors. Additionally, astronomers utilise it in huge arrays to find radiation coming from the cosmos. The devices’ numerous applications lead to significant product demand, and the segment is expected to expand at a CAGR of 23.4% over the course of the forecast period.

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 are only a few of the important participants.

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

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

  • North America
    1. U.S.
    2. Canada
  • Europe
    1. Germany
    2. UK
    3. France
    4. BENELUX
    5. 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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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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