Silicon Photonics Market Growth, Trends, Product, Forecast Research, 2024 - PowerPoint PPT Presentation

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Silicon Photonics Market Growth, Trends, Product, Forecast Research, 2024

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Request for TOC report @ The segmentation of the silicon photonics market by component comprises photodetectors, modulators, and lasers. The market for laser components is projected to grow at a high rate owing to their applications in data centers and telecommunications. The use of lasers in silicon photonics ensures high optical power, wide operating temperature range, and spectral purity. Increasing focus of companies, such as Intel on hybrid silicon lasers, on the development of such technologies is anticipated to boost the laser silicon photonics market. – PowerPoint PPT presentation

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Title: Silicon Photonics Market Growth, Trends, Product, Forecast Research, 2024


1
Silicon Photonics Market Forecast Business
Opportunities 2017-2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Silicon Photonics Market
  • Countries across Europe and North America are the
    principal markets for silicon photonics market as
    there is a high level of advanced technology
    implementation in these countries. For instance,
    in December 2017, the USD 10 million EU PASSION
    project was initiated by 12 partners to develop
    photonic technologies supporting the development
    of the future metropolitan communications
    network. Asia Pacific is expected to witness the
    highest growth over the forecast time span owing
    to the increase in the number of data centers.
    Emerging economies in Asia Pacific including
    China, India, and Japan are concentrating on
    adopting advanced technologies in electronics for
    the miniaturization of circuits and the reduction
    of energy consumption.
  • Increasing adoption in data centers is a major
    factor anticipated to drive the silicon photonics
    market. High integration capabilities coupled
    with a high density of interconnects are
    escalating their demand in data centers. These
    components enable the chips to use light pulses
    instead of electrical signals to transfer data,
    enhancing the processing speeds and cloud
    computing performance. There is a substantial
    increase in the number of SMEs across the world
    facilitated by government support initiatives
    such as Made in China 2025 and Make in India,
    fueling the demand for sophisticated data storage
    requirements. Various organizations in emerging
    economies are investing in enhancing the data
    centers, which is aiding the silicon photonics
    market to gain traction during the forecast
    timeframe.

3
  • Application Analysis of Silicon Photonics Market
  • The segmentation of the silicon photonics market
    by component comprises photodetectors,
    modulators, and lasers. The market for laser
    components is projected to grow at a high rate
    owing to their applications in data centers and
    telecommunications. The use of lasers in silicon
    photonics ensures high optical power, wide
    operating temperature range, and spectral purity.
    Increasing focus of companies, such as Intel on
    hybrid silicon lasers, on the development of such
    technologies is anticipated to boost the laser
    silicon photonics market.
  • By application segmentation, silicon photonics
    market includes telecommunications, defense,
    medical life sciences, military, data center
    high-performance computing, and sensing. The data
    center high-performance computing segment is
    projected to dominate the industry owing to the
    increase in data traffic and technological
    advancements in data centers. There is a growth
    in the implementation of optics using silicon
    photonics. The increasing investments in the
    improvement of data transmission technologies and
    the high funding for the development of advanced
    defense technologies are driving the demand in
    the defense and government sector.

4
Competitive Market Share of Silicon Photonics
Market
  • Key players in the silicon photonics market
    include Juniper, Hamamatsu, STMicroelectronics,
    Intel, Cisco, Acacia, Broadcom, Finisar
    Corporation, IBM Corporation, Mellanox
    Technologies, Texas Instruments, Teraxion, Oracle
    Corporation, and 3S Photonics. The compatibility
    of the technology with the prevailing fabrication
    techniques is making major players in the region
    to adopt silicon photonics technology.
  • Increasing competition among major players to
    offer technologically-advanced solutions is
    driving the silicon photonics market. In December
    2017, Globalfoundries announced a strategic
    partnership with Ayar Labs to develop silicon
    technology solutions.

5

Browse Full Market Research Report On Silicon
Photonics Market _at_ https//bit.ly/2IFPPLH
Request for an in-depth table of contents for
this report _at_ https//www.gminsights.com/request-t
oc/upcoming/2444
6
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