Silicon Photonics Market, By Product Type (Transceivers, Variable Optical Attenuators, Switches, Cables, Sensors), By Component (Lasers, Modulators, Photo Detectors), By Waveguide (400–1,500 NM, 1,310–1,550 NM, 900–7,000 NM), By Application (Data Center a
Description
Silicon Photonics Market, By Product Type (Transceivers, Variable Optical Attenuators, Switches, Cables, Sensors), By Component (Lasers, Modulators, Photo Detectors), By Waveguide (400–1,500 NM, 1,310–1,550 NM, 900–7,000 NM), By Application (Data Center and High-Performance Computing, Telecommunication, Military, Defense, And Aerospace, Medical, and Life Sciences, Other Applications), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA)Trend Analysis, Competitive Market Share & Forecast, 2018-2028
Silicon Photonics Market to Witness Five Fold Expansion in Next 5-6 Years
The global silicon photonics market is growing at a high CAGR because of the rising demand for faster data transfer, along with rising technological advancements to boost the processing capabilities of data centers and electronic devices…
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the global silicon photonics market was worth USD 1.1 billion in the year 2021. According to the study, the market is poised to grow at a CAGR of over 26%, with revenues reaching USD 5.9 billion by 2028. The growth of the silicon photonics market is attributable to the rising demand for faster data transfer, along with rising technological advancements to boost the processing capabilities of data centers and electronic devices. Furthermore, expanding investment in research and development activities by manufacturers as well as research institutes in silicon photonic technologies is anticipated to present lucrative growth opportunities to the global silicon photonics market during the forecast period.
Expanding Integration Of 5G Technologies Driving the Global Silicon Photonics Market Growth
The rising investment in the adoption of 5G technologies is emerging as a major driving factor for the growth of the global silicon photonics market. The introduction of 5G technologies, coupled with the increasing penetration of smartphones and other devices is projected to boost internet traffic and influence the launch of new services that will require very low latency. This is anticipated to fuel the demand for the application transport network capable of handling such large volumes of data, which is projected to influence the growth of the silicon photonics market during the forecast period.
Global Silicon Photonics Market - By Waveguide
Based on waveguides, the global silicon photonics market is segmented into 400–1,500 NM, 1,310–1,550 NM, and 900–7,000 NM. The 400-1,500 range accounts for the largest market share. This range of wavelength allows “easy integration with silicon electronics, high index contrast, small footprint, and low cost, along with optical transparency in the near-infrared and parts of mid-infrared wavelengths (MIR)”, according to a report published on Optica Publishing. This acts as a favorable factor for the growth of this waveguide range.
Global Silicon Photonics Market - By Application
Based on applications, the global silicon photonics market is categorized into the data center and high-performance computing, telecommunication, military, defense, aerospace, medical and life sciences, and others. Among these, the telecommunication segment accounts for the largest market share. According to a report published in Frontiers Media, silicon photonics are prominently used in fiber optics telecommunications to create transmitters and receivers. Therefore, with the increasing production of communication devices such as smartphones, along with the penetration of new technologies such as 5G, 4G/LTE, etc., the demand for silicon photonics is projected to surge during the forecast period.
Global Silicon Photonics Market - Regional Insights
Geographically, the silicon photonics market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. The Asia-Pacific region is dominating the silicon photonics market. However, North America is also anticipated to register substantial growth during the forecast period. The high concentration of leading market players is contributing to technological advancements and innovations in silicon photonics in this region. Furthermore, increasing sanction of 5G technologies in developed countries such as the United States is also playing a crucial role in driving the overall market growth.
Impact of COVID-19 on the Global Silicon Photonics Market
The COVID-19 pandemic has had a negative impact on the global silicon photonics market. The restrictions on the manufacturing and production activities of electronic devices, along with disruptions in supply and distribution chains due to lockdown imposition in various countries hindered the operations of the silicon photonics market as well. Furthermore, the social distancing norms also resulted in obstruction in the research and development activities, which is anticipated to impact the market growth in the long run. However, the market is slowly recovering in the post-lockdown period as manufacturing operations are resuming in various regions.
Global Silicon Photonics Market - Competitive Landscape
The leading players in the global silicon photonics market are Thorlabs, Inc., Abrisa Technologies, TOPTICA Photonics AG, Precision Optical, Vescent Photonics, Esco Optics, Advanced Optowave Corporation, Hamamatsu Photonics KK, Carl Zeiss AG (Scantinel Photonics GmbH), Intel Corporation, Schott AG, Polatis Photonics Inc., Philips Photonics, Alcatel-Lucent SA, Molex Inc., IPG Photonics, NEC Corporation, Infinera Corporation, Finisar Corporation, and other prominent players.
The global silicon photonics market is highly fragmented due to the presence of several global as well as regional market players. The companies often launch new products to gain a competitive edge besides significantly investing in research and development activities to improve their innovative offerings. They also constantly adopt market strategies, such as partnerships, mergers, acquisitions, joint ventures, etc., to establish themselves as a leading industry player.
Silicon Photonics Market to Witness Five Fold Expansion in Next 5-6 Years
The global silicon photonics market is growing at a high CAGR because of the rising demand for faster data transfer, along with rising technological advancements to boost the processing capabilities of data centers and electronic devices…
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the global silicon photonics market was worth USD 1.1 billion in the year 2021. According to the study, the market is poised to grow at a CAGR of over 26%, with revenues reaching USD 5.9 billion by 2028. The growth of the silicon photonics market is attributable to the rising demand for faster data transfer, along with rising technological advancements to boost the processing capabilities of data centers and electronic devices. Furthermore, expanding investment in research and development activities by manufacturers as well as research institutes in silicon photonic technologies is anticipated to present lucrative growth opportunities to the global silicon photonics market during the forecast period.
Expanding Integration Of 5G Technologies Driving the Global Silicon Photonics Market Growth
The rising investment in the adoption of 5G technologies is emerging as a major driving factor for the growth of the global silicon photonics market. The introduction of 5G technologies, coupled with the increasing penetration of smartphones and other devices is projected to boost internet traffic and influence the launch of new services that will require very low latency. This is anticipated to fuel the demand for the application transport network capable of handling such large volumes of data, which is projected to influence the growth of the silicon photonics market during the forecast period.
Global Silicon Photonics Market - By Waveguide
Based on waveguides, the global silicon photonics market is segmented into 400–1,500 NM, 1,310–1,550 NM, and 900–7,000 NM. The 400-1,500 range accounts for the largest market share. This range of wavelength allows “easy integration with silicon electronics, high index contrast, small footprint, and low cost, along with optical transparency in the near-infrared and parts of mid-infrared wavelengths (MIR)”, according to a report published on Optica Publishing. This acts as a favorable factor for the growth of this waveguide range.
Global Silicon Photonics Market - By Application
Based on applications, the global silicon photonics market is categorized into the data center and high-performance computing, telecommunication, military, defense, aerospace, medical and life sciences, and others. Among these, the telecommunication segment accounts for the largest market share. According to a report published in Frontiers Media, silicon photonics are prominently used in fiber optics telecommunications to create transmitters and receivers. Therefore, with the increasing production of communication devices such as smartphones, along with the penetration of new technologies such as 5G, 4G/LTE, etc., the demand for silicon photonics is projected to surge during the forecast period.
Global Silicon Photonics Market - Regional Insights
Geographically, the silicon photonics market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. The Asia-Pacific region is dominating the silicon photonics market. However, North America is also anticipated to register substantial growth during the forecast period. The high concentration of leading market players is contributing to technological advancements and innovations in silicon photonics in this region. Furthermore, increasing sanction of 5G technologies in developed countries such as the United States is also playing a crucial role in driving the overall market growth.
Impact of COVID-19 on the Global Silicon Photonics Market
The COVID-19 pandemic has had a negative impact on the global silicon photonics market. The restrictions on the manufacturing and production activities of electronic devices, along with disruptions in supply and distribution chains due to lockdown imposition in various countries hindered the operations of the silicon photonics market as well. Furthermore, the social distancing norms also resulted in obstruction in the research and development activities, which is anticipated to impact the market growth in the long run. However, the market is slowly recovering in the post-lockdown period as manufacturing operations are resuming in various regions.
Global Silicon Photonics Market - Competitive Landscape
The leading players in the global silicon photonics market are Thorlabs, Inc., Abrisa Technologies, TOPTICA Photonics AG, Precision Optical, Vescent Photonics, Esco Optics, Advanced Optowave Corporation, Hamamatsu Photonics KK, Carl Zeiss AG (Scantinel Photonics GmbH), Intel Corporation, Schott AG, Polatis Photonics Inc., Philips Photonics, Alcatel-Lucent SA, Molex Inc., IPG Photonics, NEC Corporation, Infinera Corporation, Finisar Corporation, and other prominent players.
The global silicon photonics market is highly fragmented due to the presence of several global as well as regional market players. The companies often launch new products to gain a competitive edge besides significantly investing in research and development activities to improve their innovative offerings. They also constantly adopt market strategies, such as partnerships, mergers, acquisitions, joint ventures, etc., to establish themselves as a leading industry player.
Table of Contents
190 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Key Market Segments
- 2. Research Methodology
- 2.1. Qualitative Research
- 2.2. Methodology
- 2.3. Regional Split of Primary & Secondary Research
- 2.4. Secondary Research
- 2.5. Primary Research
- 2.5.1. Breakdown of Primary Research Respondents, By Region
- 2.5.2. Breakdown of Primary Research Respondents, By Industry Participants
- 2.6. Market Size Estimation
- 2.7. Assumptions for the Study
- 2.8. Market Breakdown & Data Triangulation
- 3. Executive Summary
- 4. Industry Insight and Growth Strategy
- 4.1. Value Chain Analysis
- 4.2. DROC Analysis
- 4.2.1. Market Drivers
- 4.2.1.1. Increasing Application of Silicon Photonics
- 4.2.1.2. Expanding Research and Development Activities
- 4.2.2. Market Restraints
- 4.2.2.1. Complications Surrounding Integration of On-Chip Laser
- 4.2.3. Market Challenges
- 4.2.3.1. Negative Impact of the COVID-19 Pandemic
- 4.2.4. Market Opportunity
- 4.2.4.1. Expanding Integration Of 5G Technologies
- 4.2.4.2. Rising Demand for Silicon Photonics in Telecommunications Sector
- 4.3. Recent Developments
- 4.4. Porter’s Five Forces Analysis
- 4.4.1. Bargaining Power of Buyers
- 4.4.2. Bargaining Power of Suppliers
- 4.4.3. Intensity of Rivalry
- 4.4.4. Threat of New Entrants
- 4.4.5. Threat of Substitutes
- 5. Silicon Photonics Market Overview
- 5.1. Market Size & Forecast by Value, 2018-2028
- 5.2. Market Size and Forecast, By Segment
- 5.2.1. By Product Type
- 5.2.1.1. Transceivers
- 5.2.1.2. Variable Optical Attenuators
- 5.2.1.3. Switches
- 5.2.1.4. Cables
- 5.2.1.5. Sensors
- 5.2.2. By Component
- 5.2.2.1. Lasers
- 5.2.2.2. Modulators
- 5.2.2.3. Photo Detectors
- 5.2.3. By Waveguide
- 5.2.3.1. 400–1,500 NM
- 5.2.3.2. 1,310–1,550 NM
- 5.2.3.3. 900–7,000 NM
- 5.2.4. By Application
- 5.2.4.1. Data Center and High-Performance Computing
- 5.2.4.2. Telecommunication
- 5.2.4.3. Military, Defense, And Aerospace
- 5.2.4.4. Medical and Life Sciences
- 5.2.4.5. Other Applications
- 5.2.5. By Region
- 5.2.5.1. North America
- 5.2.5.2. Europe
- 5.2.5.3. Asia-Pacific
- 5.2.5.4. Latin America
- 5.2.5.5. Middle East & Africa
- 6. North America Silicon Photonics Market Overview
- 6.1. Market Size and Forecast
- 6.1.1. By Value (USD Billion), 2018-2028
- 6.2. Market Share and Forecast
- 6.2.1. By Product Type
- 6.2.2. By Component
- 6.2.3. By Waveguide
- 6.2.4. By Application
- 6.2.5. By Country
- 6.2.5.1. U.S.
- 6.2.5.2. Canada
- 7. Europe Silicon Photonics Market Overview
- 7.1. Market Size and Forecast
- 7.1.1. By Value (USD Billion), 2018-2028
- 7.2. Market Share and Forecast
- 7.2.1. By Product Type
- 7.2.2. By Component
- 7.2.3. By Waveguide
- 7.2.4. By Application
- 7.2.5. By Country
- 7.2.5.1. Germany
- 7.2.5.2. U.K.
- 7.2.5.3. Russia
- 7.2.5.4. France
- 7.2.5.5. Italy
- 7.2.5.6. Spain
- 7.2.5.7. Rest of Europe
- 8. APAC Silicon Photonics Market Overview
- 8.1. Market Size and Forecast
- 8.1.1. By Value (USD Billion), 2018-2028
- 8.2. Market Share and Forecast
- 8.2.1. By Product Type
- 8.2.2. By Component
- 8.2.3. By Waveguide
- 8.2.4. By Application
- 8.2.5. By Country
- 8.2.5.1. China
- 8.2.5.2. India
- 8.2.5.3. Japan
- 8.2.5.4. South Korea
- 8.2.5.5. Rest of APAC
- 9. LATAM Silicon Photonics Market Overview
- 9.1. Market Size and Forecast
- 9.1.1. By Value (USD Billion), 2018-2028
- 9.2. Market Share and Forecast
- 9.2.1. By Product Type
- 9.2.2. By Component
- 9.2.3. By Waveguide
- 9.2.4. By Application
- 9.2.5. By Country
- 9.2.5.1. Mexico
- 9.2.5.2. Brazil
- 9.2.5.3. Rest of LATAM
- 10. MEA Silicon Photonics Market Overview
- 10.1. Market Size and Forecast
- 10.1.1. By Value (USD Billion), 2018-2028
- 10.2. Market Share and Forecast
- 10.3. By Product Type
- 10.4. By Component
- 10.5. By Waveguide
- 10.6. By Application
- 10.7. By Country
- 10.7.1. Saudi Arabia
- 10.7.2. UAE
- 10.7.3. South Africa
- 10.7.4. Rest of MEA
- 11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. Market Share Analysis (2021)
- 11.3. Competitive Benchmarking by Operating Parameters
- 12. Impact of COVID-19 on Silicon Photonics Market
- 13. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
- 13.1. Thorlabs, Inc.
- 13.2. Abrisa Technologies
- 13.3. TOPTICA Photonics AG
- 13.4. Precision Optical
- 13.5. Vescent Photonics
- 13.6. Esco Optics
- 13.7. Advanced Optowave Corporation
- 13.8. Hamamatsu Photonics KK
- 13.9. Carl Zeiss AG (Scantinel Photonics GmbH)
- 13.10. Intel Corporation
- 13.11. Schott AG
- 13.12. Polatis Photonics Inc.
- 13.13. Philips Photonics
- 13.14. Alcatel-Lucent SA
- 13.15. Molex Inc.
- 13.16. IPG Photonics
- 13.17. NEC Corporation
- 13.18. Infinera Corporation
- 13.19. Finisar Corporation
- 13.20. Other Prominent Players
- 14. Key Strategic Recommendations
- List of Figures
- Figure 1: Silicon Photonics Market Segmentation
- Figure 2: Silicon Photonics Market Value Chain Analysis,
- Figure 3: Company Market Share Analysis, 2021
- Figure 4: Silicon Photonics Market Size, By Value (USD Billion), 2018-2028
- Figure 5: Silicon Photonics Market Share (%), By Product Type, By Value, 2018-2028
- Figure 6: Silicon Photonics Market Share (%), By Component, By Value, 2018-2028
- Figure 7: Silicon Photonics Market Share (%), By Waveguide, By Value, 2018-2028
- Figure 8: Silicon Photonics Market Share (%), By Application, By Value, 2018-2028
- Figure 9: Silicon Photonics Market Share (%), By Region, By Value, 2018-2028
- Figure 10: North America Silicon Photonics Market Size, By Value (USD Billion), 2018-2028
- Figure 11: North America Silicon Photonics Market Share (%), By Product Type, By Value, 2018-2028
- Figure 12: North America Silicon Photonics Market Share (%), By Component, By Value, 2018-2028
- Figure 13: North America Silicon Photonics Market Share (%), By Waveguide, By Value, 2018-2028
- Figure 14: North America Silicon Photonics Market Share (%), By Application, By Value, 2018-2028
- Figure 15: North America Silicon Photonics Market Share (%), By Country, By Value, 2018-2028
- Figure 16: Europe Silicon Photonics Market Size, By Value (USD Billion), 2018-2028
- Figure 17: Europe Silicon Photonics Market Share (%), By Product Type, By Value, 2018-2028
- Figure 18: Europe Silicon Photonics Market Share (%), By Component, By Value, 2018-2028
- Figure 19: Europe Silicon Photonics Market Share (%), By Waveguide, By Value, 2018-2028
- Figure 20: Europe Silicon Photonics Market Share (%), by Application, By Value, 2018-2028
- Figure 21: Europe Silicon Photonics Market Share (%), By Country, By Value, 2018-2028
- Figure 22: Asia-Pacific Silicon Photonics Market Size, By Value (USD Billion), 2018-2028
- Figure 23: Asia-Pacific Silicon Photonics Market Share (%), By Product Type, By Value, 2018-2028
- Figure 24: Asia-Pacific Silicon Photonics Market Share (%), By Component, By Value, 2018-2028
- Figure 25: Asia-Pacific Silicon Photonics Market Share (%), By Waveguide, By Value, 2018-2028
- Figure 26: Asia-Pacific Silicon Photonics Market Share (%), By Application, By Value, 2018-2028
- Figure 27: Asia-Pacific Silicon Photonics Market Share (%), By Country, By Value, 2018-2028
- Figure 28: Latin America Silicon Photonics Market Size, By Value (USD Billion), 2018-2028
- Figure 29: Latin America Silicon Photonics Market Share (%), By Product Type, By Value, 2018-2028
- Figure 30: Latin America Silicon Photonics Market Share (%), By Component, By Value, 2018-2028
- Figure 31: Latin America Silicon Photonics Market Share (%), By Waveguide, By Value, 2018-2028
- Figure 32: Latin America Silicon Photonics Market Share (%), By Application, By Value, 2018-2028
- Figure 33: Latin America Silicon Photonics Market Share (%), By Country, By Value, 2018-2028
- Figure 34: Middle East & Africa Silicon Photonics Market Size, By Value (USD Billion), 2018-2028
- Figure 35: Middle East & Africa Silicon Photonics Market Share (%), By Product Type, By Value, 2018-2028
- Figure 36: Middle East & Africa Silicon Photonics Market Share (%), By Component, By Value, 2018-2028
- Figure 37: Middle East & Africa Silicon Photonics Market Share (%), By Waveguide, By Value, 2018-2028
- Figure 38: Middle East & Africa Silicon Photonics Market Share (%), By Application, By Value, 2018-2028
- Figure 39: Middle East & Africa Silicon Photonics Market Share (%), By Region, By Value, 2018-2028
- List of Tables
- Table 1: Silicon Photonics Market Size, By Product Type, By Value, 2018-2028
- Table 2: Silicon Photonics Market Size, By Component, By Value (USD Billion), 2018-2028
- Table 3: Silicon Photonics Market Size, By Waveguide, By Value (USD Billion), 2018-2028
- Table 4: Silicon Photonics Market Size, By Application, By Value (USD Billion), 2018-2028
- Table 5: Silicon Photonics Market Size, By Region, By Value (USD Billion), 2018-2028
- Table 6: North America Silicon Photonics Market Size, By Product Type, By Value (USD Billion), 2018-2028
- Table 7: North America Silicon Photonics Market Size, By Component, By Value (USD Billion), 2018-2028
- Table 8: North America Silicon Photonics Market Size, By Waveguide, By Value (USD Billion), 2018-2028
- Table 9: North America Silicon Photonics Market Size, By Application, By Value (USD Billion), 2018-2028,
- Table 10: Europe Silicon Photonics Market Size, By Product Type, By Value (USD Billion), 2018-2028
- Table 11: Europe Silicon Photonics Market Size, By Component, By Value (USD Billion), 2018-2028
- Table 12: Europe Silicon Photonics Market Size, By Waveguide, By Value (USD Billion), 2018-2028
- Table 13: Europe Silicon Photonics Market Size, By Application, By Value (USD Billion), 2018-2028
- Table 14: Asia-Pacific Silicon Photonics Market Size, By Product Type, By Value (USD Billion), 2018-2028
- Table 15: Asia-Pacific Silicon Photonics Market Size, By Component, By Value (USD Billion), 2018-2028
- Table 16: Asia-Pacific Silicon Photonics Market Size, By Waveguide, By Value (USD Billion), 2018-2028
- Table 17: Asia-Pacific Silicon Photonics Market Size, By Application, By Value (USD Billion), 2018-2028
- Table 18: Latin America Silicon Photonics Market Size, By Product Type, By Value (USD Billion), 2018-2028
- Table 19: Latin America Silicon Photonics Market Size, By Component, By Value (USD Billion), 2018-2028
- Table 20: Latin America Silicon Photonics Market Size, By Waveguide, By Value (USD Billion), 2018-2028
- Table 21: Latin America Silicon Photonics Market Size, By Application, By Value (USD Billion), 2018-2028
- Table 22: The Middle-East & Africa Silicon Photonics Market Size, By Product Type, By Value (USD Billion), 2018-2028
- Table 23: The Middle-East & Africa Silicon Photonics Market Size, By Component, By Value (USD Billion), 2018-2028
- Table 24: The Middle-East & Africa Silicon Photonics Market Size, By Waveguide, By Value (USD Billion), 2018-2028
- Table 25: The Middle-East & Africa Silicon Photonics Market Size, By Application, By Value (USD Billion), 2018-2028
- Table 26: Thorlabs, Inc. Financial Analysis
- Table 27: Thorlabs, Inc. Business Overview
- Table 28: Abrisa Technologies Financial Analysis
- Table 29: Abrisa Technologies Business Overview
- Table 30: TOPTICA Photonics AG Corporation Financial Analysis
- Table 31: TOPTICA Photonics AG Corporation Business Overview
- Table 32: Precision Optical Financial Analysis
- Table 33: Precision Optical Business Overview
- Table 34: Vescent Photonics Financial Analysis
- Table 35: Vescent Photonics Business Overview
- Table 36: Esco Optics Financial Analysis
- Table 37: Esco Optics Business Overview
- Table 38: Advanced Optowave Corporation Financial Analysis
- Table 39: Advanced Optowave Corporation Business Overview
- Table 40: Hamamatsu Photonics KK Financial Analysis
- Table 41: Hamamatsu Photonics KK Business Overview
- Table 42: Carl Zeiss AG (Scantinel Photonics GmbH) Financial Analysis
- Table 43: Carl Zeiss AG (Scantinel Photonics GmbH) Business Overview
- Table 44: Intel Corporation Financial Analysis
- Table 45: Intel Corporation Business Overview
- Table 46: Schott AG Financial Analysis
- Table 47: Schott AG Financial Analysis
- Table 48: Polatis Photonics Inc. Financial Analysis
- Table 49: Polatis Photonics Inc. Business Overview
- Table 50: Philips Photonics Financial Analysis
- Table 51: Philips Photonics Business Overview
- Table 52: Alcatel-Lucent SA Financial Analysis
- Table 53: Alcatel-Lucent SA Business Overview
- Table 54: Molex Inc. Financial Analysis
- Table 55: Molex Inc. Business Overview
- Table 56: IPG Photonics Financial Analysis
- Table 57: IPG Photonics Business Overview
- Table 58: NEC Corporation Financial Analysis
- Table 59: NEC Corporation Business Overview
- Table 60: Infinera Corporation Financial Analysis
- Table 61: Infinera Corporation Business Overview
- Table 62: Finisar Corporation Financial Analysis
- Table 63: Finisar Corporation Business Overview
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