Silicon Photonics Industry to Observe Strong Development by 2025
The global silicon photonics market is expected to reach USD
918.3 million by 2025, according to a new report conducted by Grand View
Research, Inc. The rapid emergence of commercial and consumer electronics
applications is anticipated to revolutionize the market by 2025.
The IT and telecommunication application segment
would dominate the sector in terms of market size over the forecast period.
Silicon photonics devices find commercial applications in high-performance
computers and data center applications. The silicon photonics technology offers
a cost-effective and reliable solution to commercial applications.
The key value chain components for the silicon
photonics system include raw material suppliers, component manufacturers (chip
and optical interconnect fabrication firms), Original Equipment Manufacturers
(OEMs), server system distributors, and end-use segments. Silicon photonics has
been a significant research arena since the last decade on account of potential
benefits of the optoelectronics integration.
The market can be categorized based on application
types into consumer electronics, IT & telecommunication, commercial,
defense & security, and healthcare & life science verticals. Silicon
photonics devices find commercial applications in high-performance computers
and data center applications.
Small size and cost-effectiveness are the ideal
features desired from silicon photonics, which is largely driving the growth of
the silicon photonics market. Vendors provide solutions across a wide range of
industries, such as mobile broadband Internet access, high-performance
computing, data center and enterprise networking, and metro and long haul data
communications, among many others.
Full
Research Report On Global Silicon Photonics Market By Grand View
Research:
www.grandviewresearch.com/industry-analysis/silicon-photonics-market
www.grandviewresearch.com/industry-analysis/silicon-photonics-market
Further
key findings from the report suggest:
- The industry is predicted to grow as the
products would rapidly gain traction. This is attributed to the ability of
products to be incorporated in different application areas, such as IT and
telecommunication, consumer electronics, and commercial.
- The increasing demand for active optical
cables, optical multiplexers, and optical attenuators provides numerous
growth opportunities as they offer considerable options to attain low-cost
economies
- The North American region dominated the
marketplace, accounting for the largest global market share (in terms of
revenue) in 2015
- The key industry participants include Cisco
Systems Inc., Finisar Corporation, Intel Corporation, Mellanox
Technologies, and Molex Incorporated
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/semiconductors
www.grandviewresearch.com/industry/semiconductors
Grand View Research has segmented the silicon photonics market based on
component, product, application, and region:
Silicon
Photonics Component Outlook (Revenue, USD Million, 2014 - 2025)
- Optical
Waveguides
- Optical
Modulators
- Photodetectors
- Wavelength-Division
Multiplexing (WDM) Filters
- Laser
Silicon
Photonics Product Outlook (Revenue, USD Million, 2014 - 2025)
- Transceivers
- Active
Optical Cables
- Optical
Multiplexers
- Optical
Attenuators
- Others
Silicon
Photonics Application Outlook (Revenue, USD Million, 2014 - 2025)
- IT
& Telecommunications
- Consumer
Electronics
- Healthcare
& Life Sciences
- Commercial
- Defense
and Security
- Others
(Media & Advertising)
Silicon
Photonics Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Mexico
- Brazil
- The
Middle East & Africa
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-silicon-photonics-market
www.grandviewresearch.com/press-release/global-silicon-photonics-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More
Information: www.grandviewresearch.com
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