Silicon Photonics Market Competitive Landscape, Research Methodology, Business Opportunities, Statistics and Industry Analysis Report by 2027

The rising demand for high bandwidth, high data transfer, and government initiative to move towards e-banking are driving the market growth

The constantly evolving technology in the semiconductors and electronics sector has given rise to silicon photonics-based devices accepted in the market at a much-accelerated rate than expected. The market is experiencing significant growth owing to efficient cloud computing practices and the demand for data centers in reflection to the number of internet users rising each hour of the day. The global Silicon Photonics Market was valued at USD 980 million in 2019 and is rapidly growing at a CAGR of 22.7% to reach USD 4.62 Billion by 2027. 

Key participants include IBM Corporation, Cisco Systems Inc., AIO Core Co. Ltd, Intel Corporation, Infinera Corporation, Mellanox Technologies Ltd, IPG Photonics Corporation, NKT Photonics, STMicroelectronics NV, and Hamamatsu Photonics K.K. among others.

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Market Drivers

The silicon photonics market is substantially driven by the escalating trend in the IoT sector as the need for fast and stable wireless network continues to increase. The introduction of 5G in many developing countries worldwide has predominantly enabled people to broadcast and live stream anywhere while at the same time initiate a large transfer of data with increased bandwidth. These high-speed wireless facilities have bolstered the growth of the silicon photonics market, replacing the traditional electronic switches. With the incorporation of the IT sector, they are also being introduced in the banking department due to the trend in e-banking and cashless payments. 

  • Product Outlook (Revenue, USD Billion; 2017-2027)
    • Sensors
    • Switches
    • Transceivers
    • Optical Attenuators
    • Optical Cable
  • Component Outlook (Revenue, USD Billion; 2017-2027)
    • Photodetector
    • Modulator
    • Laser
    • Waveguides
    • Filter
  • End-Use Outlook (Revenue, USD Billion; 2017-2027)
    • Consumer Electronics
    • Healthcare
    • Telecommunication & IT
    • Defense
    • Others

Regional Analysis

North America held the largest market share of 37.7% in 2019 due to escalating technological advancements in the region. The Asia Pacific market is predicted to register the highest growth in the demand for silicon photonics technology. The rising government initiatives to promote online services and a projected rise in the demand for high-bandwidth fifth-generation cellular networks are adding to market growth.

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 Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Silicon Photonics Market Segmentation & Impact Analysis

    4.1. Silicon Photonics Market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

           Increasing demand for high bandwidth and high data transfer

           The rise in adoption of 2.5D integrated onboard silicon photonics

           Government initiative to move towards e-banking

          4.2.3. Market restraints analysis

           Increasing risk of thermal effect.

           Complex On-Chip Laser integration

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Silicon Photonics Market By Product Insights & Trends, Revenue (USD Billion)

    5.1. Product Dynamics & Market Share, 2019 & 2027

          5.1.1. Sensors

          5.1.2. Switches

          5.1.3. Transceivers

          5.1.4. Optical Attenuators

          5.1.5. Optical Cable

Chapter 6. Silicon Photonics Market By Component Insights & Trends Revenue (USD Billion)

    6.1. Component Dynamics & Market Share, 2019 & 2027

          6.1.1. Photodetector

          6.1.2. Modulator

          6.1.3. Laser

          6.1.4. Waveguides

          6.1.5. Filter

Chapter 7. Silicon Photonics Market By End-Use Insights & Trends Revenue (USD Billion)

    7.1. End-Use Channel Dynamics & Market Share, 2019 & 2027

          7.1.1. Consumer Electronics

          7.1.2. Healthcare

          7.1.3. Telecommunication & IT

          7.1.4. Defense

          7.1.5. Others


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