Silicon Photonics Market Is Anticipated To Grow Swiftly Due To The increasing Demand For Optical Multiplexers & Optical Attenuators Till 2025: Grand View Research, Inc.
The global silicon photonics market 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.
Browse full research report on Silicon Photonics Market: http://www.grandviewresearch.com/industry-analysis/silicon-photonics-market
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 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
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/semiconductors
Grand View Research has segmented the 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)
Silicon Photonics Regional Outlook (Revenue, USD Million,
2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Mexico
- Brazil
- The
Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a
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. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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