Market Overview:
The global silicon photonic market is expected to grow from USD 1.02 billion in 2018 to USD 2.48 billion by 2030, at a CAGR of 13.5% from 2018 to 2030. The growth of the global silicon photonic market can be attributed to the increasing demand for high-speed data transmission and rising demand for optical communication systems in data centers and telecom networks. However, the high cost of silicon photonic devices may restrain the growth of this market during the forecast period.
Product Definition:
Silicon photonics is the study and application of optical phenomena that occur in silicon-based materials. Silicon photonics has the potential to improve integrated circuit performance and energy efficiency, as well as enable new applications in optical communication, sensing, and computing.
Tranceivers:
Tranceivers are the optical fibers that can be used to connect different lasers and components in a network. They are mainly used for interconnecting nodes in a photonic mesh network. In Silicon Photonics market, they play an important role as they act as one of the key components required for implementing any SPIN (Silicon Photon Network) based on OTN (Optical Transport Network).
Active Optical Cables:
Active optical cables are high-performance flexible optical fiber cables that use active components for transmission of light. They have a greater number of fibers than passive counterparts and can be used in longer distances without loss of performance. Active optical cable uses amplifiers, attenuators, filters or lasers to alter the light signals before they reach the destination device; while passive counterpart does not contain any active components and is directly influenced by the incident light waves.
Application Insights:
The applications of silicon photonics include communications, consumer electronics, medical and life science, defense and military, other. The defense and military segment accounted for the largest market share in 2017 owing to the growing adoption of RFID tags in soldiers¢â‚¬â„¢ equipment. Silicon photonics also offer potential solutions to enhance communication networks in urban areas by deploying small cell technologies that can provide high-speed wireless internet access to a large number of people.
Silicon photonic circuits are used as components for optical signal processing applications such as multiplexed optical communication (MOC) which is widely utilized for high-speed data transmission between devices connected via an Optical Network Unit (ONU). Such demand has been propelled by increasing demand from telecommunication companies who are focusing on developing efficient ways of providing internet access to their customers through small cells or cloud beams. This trend is expected to drive product demand over the forecast period.
Regional Analysis:
The Asia Pacific region is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing research and development activities in this region. Moreover, rising adoption of high-speed internet services and rapid technological advancements in consumer electronics are also driving the industry growth in this region.
China is projected to dominate the Asia Pacific regional market owing to heavy investments made by Chinese government for developing its economy along with favorable policies introduced by Chinese government for promoting domestic manufacturing output at a low cost. Japan has also contributed significantly toward industry expansion due to its well-established semiconductor sector that benefits from advanced technology transfer associated with Silicon Photonic devices production, thus boosting overall demand across APAC region over past few years.
North America accounted for more than 20% revenue share within global Silicon Photonic Industry in 2017 on account of growing adoption of optical technologies across various applications such as telecommunications, computing & smartphones, defense & aerospace etc.
Growth Factors:
- Increasing demand for data storage and transmission
- Proliferation of Internet of Things (IoT) and big data analytics
- Development of 5G networks
- Growing demand for optical communication in datacenters
- Emergence of new applications such as artificial intelligence (AI) and machine learning
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicon Photonic Market Research Report
By Type
Tranceivers, Active Optical Cables, RF Circuits, Optical Engines, Other
By Application
Communications, Consumer Electronics, Medical and Life Science, Other
By Companies
Cisco Systems, IBM Corporation, Bright Photonics, STMicroelectronics, Keopsys Group, Hamamatsu Photonics, Luxtera, Intel Corporation, Huawei, Avago Technologies, Cisco Systems, Aurrion, Finisar Corporation, Infinera, Mellanox Technologies, NeoPhotonics, Lumentum, OneChip Photonics, Skorpios Technologies
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Silicon Photonic Market Report Segments:
The global Silicon Photonic market is segmented on the basis of:
Types
Tranceivers, Active Optical Cables, RF Circuits, Optical Engines, Other
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
Communications, Consumer Electronics, Medical and Life Science, Other
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:
- Cisco Systems
- IBM Corporation
- Bright Photonics
- STMicroelectronics
- Keopsys Group
- Hamamatsu Photonics
- Luxtera
- Intel Corporation
- Huawei
- Avago Technologies
- Cisco Systems
- Aurrion
- Finisar Corporation
- Infinera
- Mellanox Technologies
- NeoPhotonics
- Lumentum
- OneChip Photonics
- Skorpios Technologies
Highlights of The Silicon Photonic 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:
- Tranceivers
- Active Optical Cables
- RF Circuits
- Optical Engines
- Other
- By Application:
- Communications
- Consumer Electronics
- Medical and Life Science
- Other
- 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 Photonic 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?
Silicon photonics is the technology that uses silicon-based materials to create optical components and devices. Silicon photonics can be used in a variety of applications, including telecommunications, computer networking, and optical storage.
Some of the key players operating in the silicon photonic market are Cisco Systems, IBM Corporation, Bright Photonics, STMicroelectronics, Keopsys Group, Hamamatsu Photonics, Luxtera, Intel Corporation, Huawei, Avago Technologies, Cisco Systems, Aurrion, Finisar Corporation, Infinera, Mellanox Technologies, NeoPhotonics, Lumentum, OneChip Photonics, Skorpios Technologies.
The silicon photonic market is expected to grow at a compound annual growth rate of 13.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silicon Photonic 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 Photonic Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Silicon Photonic 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 Photonic 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 Photonic Market Size & Forecast, 2020-2028
4.5.1 Silicon Photonic Market Size and Y-o-Y Growth
4.5.2 Silicon Photonic 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 Tranceivers
5.2.2 Active Optical Cables
5.2.3 RF Circuits
5.2.4 Optical Engines
5.2.5 Other
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 Communications
6.2.2 Consumer Electronics
6.2.3 Medical and Life Science
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silicon Photonic 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 Photonic 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 Tranceivers
9.6.2 Active Optical Cables
9.6.3 RF Circuits
9.6.4 Optical Engines
9.6.5 Other
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 Communications
9.10.2 Consumer Electronics
9.10.3 Medical and Life Science
9.10.4 Other
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 Tranceivers
10.6.2 Active Optical Cables
10.6.3 RF Circuits
10.6.4 Optical Engines
10.6.5 Other
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 Communications
10.10.2 Consumer Electronics
10.10.3 Medical and Life Science
10.10.4 Other
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 Tranceivers
11.6.2 Active Optical Cables
11.6.3 RF Circuits
11.6.4 Optical Engines
11.6.5 Other
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 Communications
11.10.2 Consumer Electronics
11.10.3 Medical and Life Science
11.10.4 Other
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 Tranceivers
12.6.2 Active Optical Cables
12.6.3 RF Circuits
12.6.4 Optical Engines
12.6.5 Other
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 Communications
12.10.2 Consumer Electronics
12.10.3 Medical and Life Science
12.10.4 Other
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 Tranceivers
13.6.2 Active Optical Cables
13.6.3 RF Circuits
13.6.4 Optical Engines
13.6.5 Other
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 Communications
13.10.2 Consumer Electronics
13.10.3 Medical and Life Science
13.10.4 Other
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 Photonic Market: Competitive Dashboard
14.2 Global Silicon Photonic Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems
14.3.2 IBM Corporation
14.3.3 Bright Photonics
14.3.4 STMicroelectronics
14.3.5 Keopsys Group
14.3.6 Hamamatsu Photonics
14.3.7 Luxtera
14.3.8 Intel Corporation
14.3.9 Huawei
14.3.10 Avago Technologies
14.3.11 Cisco Systems
14.3.12 Aurrion
14.3.13 Finisar Corporation
14.3.14 Infinera
14.3.15 Mellanox Technologies
14.3.16 NeoPhotonics
14.3.17 Lumentum
14.3.18 OneChip Photonics
14.3.19 Skorpios Technologies
