Market Overview:
The global silicon photomultiplier detectors market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for silicon photomultiplier detectors in medical imaging, lidar & 3D-ranging, sorting & recycling, hazard & threat detection, biophotonics & sciences and high energy physics applications. Additionally, the growing demand for silicon photomultipliers from emerging economies such as China and India is also contributing to the growth of this market. However, factors such as the high cost of these detectors and their limited availability are restraining the growth of this market.
Product Definition:
A silicon photomultiplier detector is a type of light detector that uses a silicon photodiode to convert light into an electrical signal. Silicon photomultiplier detectors are often used in scientific applications, such as spectroscopy and medical imaging, because they have high sensitivity and can detect very small amounts of light.
Analog Silicon Photomultiplier:
Analog silicon photomultiplier is a type of semiconductor device used in the detection of light. It is an electronic component that can be utilized to detect and amplify signals or current and provides an output with the help of transistors as switching devices. The major application areas where these are used include optical communications, laser technology, optical processing, fiber optics etc.
Digital Silicon Photomultiplier:
The Digital Silicon Photomultiplier (DSSP) is a semiconductor device used in the silicon photomultiplier detectors. The major application of DSSP is to detect and measure light with a very high frequency. It works on the principle of quantum mechanics, which states that electron movement between two electrodes generates and amplifies fluorescent light.
Application Insights:
The market is segmented by application into medical imaging, lidar and 3D-ranging, sorting and recycling, biophotonics and sciences, high energy physics, others. The medical imaging segment dominated the overall industry in terms of revenue share in 2017. Silicon photomultiplier detectors are used for a variety of applications in radiology such as X-ray diagnosis or nuclear medicine. They are also used for non-radiological applications such as airport security screening or drug discovery research laboratories.
The use of SPMDs has increased significantly over the past few years owing to their low price coupled with enhanced performance compared to conventional devices that use vacuum tubes for detection purposes.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period owing to the rising demand for high-endurance and miniaturized devices. The growing adoption of Silicon Photomultipliers in industrial, scientific, medical and other applications is also anticipated to drive the regional market growth over the forecast period.
The increasing use of SPMDs in nuclear power plants for detection of radiation has necessitated stringent government regulations pertaining to their usage. This factor is also likely to propel product demand during the projected time frame. Furthermore, factors such as favorable government initiatives towards research & development activities are expected favorably impact regional market growth during 2018 - 2030 time frame.
In addition, rapid urbanization coupled with growing crime rates have led governments across countries including India and China respectively into adopting homeland security strategies which include installation of various sensing equipment based on silicon photomultiplier technology thereby driving industry growth across these regions over past few years (2016-2017).
Growth Factors:
- Increasing demand for silicon photomultiplier detectors in medical imaging and life science applications
- Growing popularity of silicon photomultiplier detectors in homeland security and defense applications
- Rising demand for silicon photomultiplier detectors from the semiconductor industry
- Proliferation of nanotechnology-based products that require high-performance silicon photomultiplier detectors
- Technological advancements in the field of silicon photomultipliers that are resulting in higher detection efficiencies
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicon Photomultiplier Detectors Market Research Report
By Type
Analog Silicon Photomultiplier, Digital Silicon Photomultiplier
By Application
Medical Imaging, Lidar & 3D-Ranging, Sorting & Recycling, Hazard & Threat Detection, Biophotonics & Sciences, High Energy Physics, Others
By Companies
Hamamatsu, ON Semiconductor (SensL), KETEK, Excelitas Technologies, Philips, Broadcom, First Sensor, AdvanSiD
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Silicon Photomultiplier Detectors Market Report Segments:
The global Silicon Photomultiplier Detectors market is segmented on the basis of:
Types
Analog Silicon Photomultiplier, Digital Silicon Photomultiplier
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Imaging, Lidar & 3D-Ranging, Sorting & Recycling, Hazard & Threat Detection, Biophotonics & Sciences, High Energy Physics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hamamatsu
- ON Semiconductor (SensL)
- KETEK
- Excelitas Technologies
- Philips
- Broadcom
- First Sensor
- AdvanSiD
Highlights of The Silicon Photomultiplier Detectors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Analog Silicon Photomultiplier
- Digital Silicon Photomultiplier
- By Application:
- Medical Imaging
- Lidar & 3D-Ranging
- Sorting & Recycling
- Hazard & Threat Detection
- Biophotonics & Sciences
- High Energy Physics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Silicon Photomultiplier Detectors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A silicon photomultiplier detector (SPD) is a type of semiconductor device that detects light. SPDs are used in optical instruments to detect radiation such as x-rays and gamma rays.
Some of the key players operating in the silicon photomultiplier detectors market are Hamamatsu, ON Semiconductor (SensL), KETEK, Excelitas Technologies, Philips, Broadcom, First Sensor, AdvanSiD.
The silicon photomultiplier detectors market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silicon Photomultiplier Detectors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Silicon Photomultiplier Detectors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Silicon Photomultiplier Detectors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Silicon Photomultiplier Detectors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Silicon Photomultiplier Detectors Market Size & Forecast, 2020-2028
4.5.1 Silicon Photomultiplier Detectors Market Size and Y-o-Y Growth
4.5.2 Silicon Photomultiplier Detectors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Analog Silicon Photomultiplier
5.2.2 Digital Silicon Photomultiplier
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical Imaging
6.2.2 Lidar & 3D-Ranging
6.2.3 Sorting & Recycling
6.2.4 Hazard & Threat Detection
6.2.5 Biophotonics & Sciences
6.2.6 High Energy Physics
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silicon Photomultiplier Detectors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Silicon Photomultiplier Detectors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Analog Silicon Photomultiplier
9.6.2 Digital Silicon Photomultiplier
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical Imaging
9.10.2 Lidar & 3D-Ranging
9.10.3 Sorting & Recycling
9.10.4 Hazard & Threat Detection
9.10.5 Biophotonics & Sciences
9.10.6 High Energy Physics
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Analog Silicon Photomultiplier
10.6.2 Digital Silicon Photomultiplier
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical Imaging
10.10.2 Lidar & 3D-Ranging
10.10.3 Sorting & Recycling
10.10.4 Hazard & Threat Detection
10.10.5 Biophotonics & Sciences
10.10.6 High Energy Physics
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Analog Silicon Photomultiplier
11.6.2 Digital Silicon Photomultiplier
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical Imaging
11.10.2 Lidar & 3D-Ranging
11.10.3 Sorting & Recycling
11.10.4 Hazard & Threat Detection
11.10.5 Biophotonics & Sciences
11.10.6 High Energy Physics
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Analog Silicon Photomultiplier
12.6.2 Digital Silicon Photomultiplier
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical Imaging
12.10.2 Lidar & 3D-Ranging
12.10.3 Sorting & Recycling
12.10.4 Hazard & Threat Detection
12.10.5 Biophotonics & Sciences
12.10.6 High Energy Physics
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Analog Silicon Photomultiplier
13.6.2 Digital Silicon Photomultiplier
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical Imaging
13.10.2 Lidar & 3D-Ranging
13.10.3 Sorting & Recycling
13.10.4 Hazard & Threat Detection
13.10.5 Biophotonics & Sciences
13.10.6 High Energy Physics
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Silicon Photomultiplier Detectors Market: Competitive Dashboard
14.2 Global Silicon Photomultiplier Detectors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hamamatsu
14.3.2 ON Semiconductor (SensL)
14.3.3 KETEK
14.3.4 Excelitas Technologies
14.3.5 Philips
14.3.6 Broadcom
14.3.7 First Sensor
14.3.8 AdvanSiD
