Silicon Photonics Market Size Worth $918.3 Million By 2025


The global Silicon Photonics Market size 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.
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 silicon photonics 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
Grand View Research has segmented the global 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)
About Grand View Research:
Grand View Research is an India & 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. Grand View Research database is used by the world's renowned academic institutions and Fortune 500 compnies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide.
Contact:
Grand View Research, Inc.
201 Spear Street 1100,
San Francisco, CA 94105
United States
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519

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