Electrical And Electronics Manufacturing

Global Silicon Photonics Market Overview And Prospects – Includes Silicon Photonics Market Outlook

Learn about the global silicon photonics market through The Business Research Company, which provides information on silicon photonics market size, silicon photonics market drivers and restraints, silicon photonics market players, the COVID-19 impact on the silicon photonics market, and more.

 

The global silicon photonics market size is expected to grow from $1.20 billion in 2021 to $1.49 billion in 2022 at a compound annual growth rate (CAGR) of 24.13%. The change in the silicon photonics market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic. The market size is expected to reach $3.44 billion in 2026 at a CAGR of 23.23%
Growing demand for high-speed broadband services is expected to propel the growth of the silicon photonics market.

 

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Silicon Photonics Market
Silicon Photonics Market

 

The silicon photonics market consists of sales of silicon photonics products and related services by entities (organizations, sole traders, and partnerships) that refers to a new technology in which data is transferred among computer chips by optical rays. Optical rays can carry huge data in less time than electrical conductors. A semiconductor-grade silicon is used in silicon photonics for the integration of active and passive integrated photonic circuits with electronic components. Silicon photonics is the new study and application of photonic systems for generating, processing, manipulating, and also using for faster data transfer both between and within microchips.

 

Global Silicon Photonics Market Segments Include:

By Product: Transceivers, Variable Optical Attenuators, Switches, Cables, Sensors

By Component: Laser, Modulator, Photodetector, Filter, Wave Guide

By Application: Data Centres and High-Performance Computing, Telecommunication, Military, Defense and Aerospace, Medical and Life Science, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the silicon photonics market in 2021.

 

Technological advancements are a key trend gaining popularity in the silicon photonics market, with companies launching new products with advanced technologies such as high power and optical filtering tolerance.

 

TBRC’s silicon photonics market report covers:

Major Market Players: Acacia Communications, Broadcom Ltd., Cisco Systems, MACOM Technology, Finisar Corporation, Globalfoundries Inc., IBM Corporation, Ii-Vi Incorporated, Inphi, Intel Corporation, Juniper Networks, Mellanox Technologies, NeoPhotonics, Ranovus, Rockley Photonics Ltd., Sicoya, Luxtera, and Reflex Photonics Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Silicon Photonics Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides silicon photonics market overviews, analyzes and forecasts market size, share, silicon photonics market players, silicon photonics market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s silicon photonics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is A List Of Similar Reports From The Business Research Company:

Semiconductor Machinery Global Market Report 2022

Memory Chips Global Market Report 2022

Semiconductor And Related Devices Global Market Report 2022

 

Interested To Know More About The Business Research Company?      

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