Title: Silicon Photonics Market | Global Market Forecast Report 2019-2027
1Global Silicon Photonics Market Forecast
2019-2027
2Agenda
Regional Insights
Key Findings
Market Insights
Competitive Insights
3Key Findings
Left Image Slide
- Silicon photonics is the innovative study and
application of photonic systems for generating,
processing, manipulating and further employing
light rays for faster data transmission both
between and within microchips. - The global silicon photonics market is expected
to grow at a CAGR of 19.70 between the forecast
periods of 2017-2025. - The revenue generated by the global market is
predicted to increase from XX million in 2018 to
XX million by 2027. - Low power consumption, compact size, lower cost,
high-speed data transfer and processing and a
surge in data transfer capacity are some of the
major drivers for this market.
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4Market Insights
- The market is segmented on the basis of
components, products and application. The
components can be further classified into silicon
photonic waveguides, optical modulators and
silicon optical interconnects. - By product type, the market constitutes of
silicon optical transceivers, silicon optical
switches, silicon photonic IC, silicon photonic
sensors and silicon photonic photovoltaic
cells/solar cells. - The optical switcher market had the largest
market share of xx in 2018 whereas it is the
solar cells market which is expected to grow
rapidly at an anticipated CAGR of xx. At
present, silicon photonics is widely applied in
the telecommunication field. - Thus, the telecommunication application is
anticipated to dominate the silicon photonics
market. - The Sensing market application is also expected
to grow at a CAGR of xx during the forecast
period, but it is the spectroscopy application
which is predicted to exhibit the fastest growth
in the coming years.
5Image Slide
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dummy text ever since the 1500s, when an unknown
printer took a galley of type and scrambled it to
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dummy text ever since the 1500s, when an unknown
printer took a galley of type and scrambled it to
make a type specimen book.
Lorem Ipsum has been the industry's standard
dummy text ever since the 1500s, when an unknown
printer took a galley of type and scrambled it to
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6The Global Silicon Photonics Market is estimated
to grow with 19.70 CAGR during the forecasting
years of 2019-2027.
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- The North America Silicon Photonics Market is
anticipated to grow at 17.77 CAGR during the
forecasting years of 2019-2027.
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- The Europe Silicon Photonics Market is estimated
to grow with 19.33 CAGR during the forecasting
years 2019-2027.
9- The Asia Pacific Silicon Photonics Market is
expected to grow at the fastest CAGR of 22.74
over the forecasting period of 2019-2027.
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10Competitive Insights
- The leading global companies in the silicon
photonics industry use organic and inorganic
strategies for growth. For instance, in November
2018, II-VI Incorporated, a global leader in
engineered materials and optoelectronic
components, and Finisar Corporation, another
global technology leader in optical
communications, entered into a definitive merger
agreement under which II-VI will acquire Finisar
in a cash and stock transaction with an equity
value of approximately XX billion. Similarly,
other pioneer company who are diving into this
market are Okmetic Oy, STMicroelectronics N.V,
Mellanox Technologies, ADVA Optical Networking
Se, Chiral Photonics Inc., Enablence Technologies
Inc., Hamamatsu Photonics K.K., Finisar
Corporation, Hewlett-Packard Co., Intel
Corporation, Cisco Systems, Inc., Infinera
Corporation, Ltd. Molex LLC and Neophotonics
Corporation.
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