February 17 2021
Market Research Future published a research report on “Silicon Photonics Market Research Report - Global Forecast to 2024” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2024.
The Global Silicon Photonics Market is expected to reach USD 2,518.59 Million by 2024 at a CAGR of 22.93% during the forecast period. Market Research Future (MRFR), in its report, envelops segmentations and drivers to provide a better glimpse of the market in the coming years.
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Silicon photonics uses various components in conjunction to increase the processing speed and power of computers. The data is transferred using light pulses (laser) and is multiplex at the transmitter end using a multiplexer. The data traverses through a fiber optic channel and is demultiplexed at the receiver end. A photodetector then converts the light pulses into data. Silicon photonics has observed major applications in optical communication, optical routers, and signal processors, long-range telecommunications, and light-field displays. Silicon photonics is thus widely used in data centers and 5G communications. However, it has started developing its usage in commercial security, consumer electronics, and military sectors.
The Key Players of the Global Silicon Photonics Market are Infinera Corporation (US), Cisco Systems Inc. (US), Intel Corporation (US), IBM Corporation (US), Mellanox Technologies Ltd (Israel), Hamamatsu Photonics K.K (Japan), STMicroelectronics NV (Switzerland), Finisar Corporation (US), FLIR Systems (US), IPG Photonics Corporation (US), NKT Photonics (Denmark), SICOYA (Germany), AIO Core Co. Ltd (Japan), and DAS Photonics (Spain).
Silicon Photonics Market – Segmentation
Global Silicon Photonics Market – Regional Analysis
The Global Silicon Photonics Market, by region, has been segmented into Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. North America is expected to dominate the global silicon photonics market during the forecast period due to the developments in the remote surgeries, and remote consultation in medical and healthcare industries.
Key questions addressed by the report
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