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.
MARKET 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.
REGIONAL INSIGHTS
The North America silicon photonics market generated a revenue of $XX thousand in 2018 and is anticipated to hold the largest share of the global market by the year 2027, because of the early commercialization of wavelength division multiplexer filters. The photodetector market is expanding in Europe due to an increase in the usage and absorption rate of such products in this region, and the market is expected to generate a revenue of $XX thousand by 2027. However, it is the Asia-Pacific market which is expected to show the highest growth with a CAGR of XX%. Japan is predicted to be the market leader by 2025 whereas the Indian and the Chinese market are anticipated to grow at a CAGR of xx% and xx% respectively over the forecasted years.
COMPETITIVE 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.
Global Silicon Photonics Market Forecast 2019-2027
Table of Contents
1. RESEARCH SCOPE
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP-DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
3.2.1. NORTH AMERICA IS THE LARGEST MARKET FOR SILICON PHOTONICS MARKET
3.2.2. INTERCONNECTS MARKET IS THE FASTEST GROWING SEGMENT BY COMPONENTS
3.2.3. TELECOMMUNICATION IS THE LARGEST SILICON PHOTONICS MARKET BY APPLICATION
4. MARKET DYNAMICS
4.1. MARKET SCOPE & DEFINITION
4.2. MARKET DRIVERS
4.2.1. GROWING NEED FOR ENERGY EFFICIENT TECHNOLOGY
4.2.2. NEED FOR HIGH-SPEED DATA TRANSFER
4.2.3. GROWTH OF INVESTMENTS IN THE MARKET
4.3. MARKET RESTRAINTS
4.3.1. THERMAL EFFECTS OF THE TECHNOLOGY
4.3.2. INTRICATE NETWORK SYSTEM
4.3.3. ISSUES RELATED TO STANDARDIZATION
4.4. MARKET OPPORTUNITIES
4.4.1. GROWTH IN INTERNET CONNECTIVITY
4.4.2. INCREASE IN SMARTPHONE USE
4.5. MARKET CHALLENGES
4.5.1. OPTICAL PROPERTIES MUST BE INCREASED
4.5.2. ACCESSIBILITY OF AUXILIARY TECHNOLOGY
5. MARKET BY PRODUCTS
5.1. OPTICAL TRANS RECEIVER MARKET
5.1.1. SINGLE CHANNEL
5.1.2. PARALLEL CHANNEL
5.2. OPTICAL SWITCHES MARKET
5.3. IC MARKET
5.4. SENSORS MARKET
5.5. PHOTOVOLTAIC CELLS/SOLAR CELLS MARKET
6. MARKET BY COMPONENTS
6.1. WAVEGUIDES
6.1.1. RIB WAVEGUIDE
6.1.2. STRIP WAVEGUIDE
6.1.3. PLANAR WAVEGUIDE
6.1.4. FIBER WAVEGUIDE
6.2. OPTICAL MODULATORS
6.2.1. ABSORPTIVE MODULATORS
6.2.2. REFRACTIVE MODULATORS
6.3. INTERCONNECTS MARKET
6.3.1. INTERCHIP INTERCONNECTS
6.3.2. BACKPLANE INTERCONNECTS
6.3.3. INTRACHIP INTERCONNECTS
6.4. WAVELENGTH DIVISION MULTIPLEXER FILTERS
6.5. LED MARKET
6.6. PHOTODETECTOR MARKET
7. MARKET BY APPLICATION
7.1. TELECOMMUNICATION
7.1.1. OPTICAL FIBER COMMUNICATIONS
7.1.2. OPTICAL DOWN CONVERTER TO MICROWAVE
7.2. INFORMATION PROCESSING
7.3. OTHERS
7.3.1. DISPLAYS
7.3.2. CONSUMER ELECTRONICS
7.3.3. METROLOGY
7.3.4. SENSING
7.3.5. SPECTROSCOPY
7.3.6. HOLOGRAPHY
7.3.7. MEDICINE
7.3.8. MILITARY
7.3.9. OTHERS
8. KEY ANALYTICS
8.1. PORTER'S FIVE FORCE MODEL
8.1.1. THREAT OF NEW ENTRANTS
8.1.2. THREAT OF SUBSTITUTE
8.1.3. BARGAINING POWER OF SUPPLIERS
8.1.4. BARGAINING POWER OF BUYERS
8.1.5. THREAT OF COMPETITIVE RIVALRY
8.2. OPPORTUNITY MATRIX
8.3. VENDOR LANDSCAPE
9. GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1. UNITED STATES
9.1.2. CANADA
9.2. EUROPE
9.2.1. GERMANY
9.2.2. UNITED KINGDOM
9.2.3. FRANCE
9.2.4. SPAIN
9.2.5. ITALY
9.2.6. RUSSIA
9.2.7. REST OF EUROPE
9.3. ASIA PACIFIC
9.3.1. CHINA
9.3.2. INDIA
9.3.3. SOUTH KOREA
9.3.4. JAPAN
9.3.5. AUSTRALIA
9.3.6. REST OF ASIA PACIFIC
9.4. REST OF WORLD
9.4.1. LATIN AMERICA
9.4.2. MIDDLE EAST & AFRICA
10. COMPANY PROFILES
10.1. ADVA OPTICAL NETWORKING SE
10.2. CHIRAL PHOTONICS INC.
10.3. CISCO SYSTEMS, INC.
10.4. ENABLENCE TECHNOLOGIES INC.
10.5. FINISAR CORPORATION
10.6. HAMAMATSU PHOTONICS K.K.
10.7. HEWLETT-PACKARD CO.
10.8. INFINERA CORPORATION
10.9. INTEL CORPORATION
10.10. MELLANOX TECHNOLOGIES, LTD.
10.11. MOLEX LLC
10.12. NEOPHOTONICS CORPORATION
10.13. OKMETIC OY
10.14. STMICROELECTRONICS N.V.
LIST OF TABLES
TABLE 1: GLOBAL SILICON PHOTONICS MARKET, BY GEOGRAPHY, 2019-2027 (IN $ THOUSANDS)
TABLE 2: GLOBAL SILICON PHOTONICS MARKET, BY PRODUCTS, 2019-2027, (IN $ THOUSANDS)
TABLE 3: GLOBAL OPTICAL TRANS RECEIVER MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 4: GLOBAL OPTICAL TRANS RECEIVER MARKET, BY SUB SEGMENT, 2019-2027 (IN $ THOUSANDS)
TABLE 5: GLOBAL OPTICAL SWITCHES MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 6: GLOBAL IC SILICON PHOTONICS MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 7: GLOBAL SENSORS SILICON PHOTONICS MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 8: GLOBAL PHOTOVOLTAIC CELLS SILICON PHOTONICS MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 9: GLOBAL SILICON PHOTONICS MARKET, BY COMPONENTS, 2019-2027 (IN $ THOUSANDS)
TABLE 10: GLOBAL WAVEGUIDES SILICON PHOTONICS MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 11: GLOBAL WAVEGUIDES SILICON PHOTONICS MARKET, BY SUB SEGMENT, 2019-2027 (IN $ THOUSANDS)
TABLE 12: GLOBAL OPTICAL MODULATOR SILICON PHOTONICS MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 13: GLOBAL OPTICAL MODULATOR SILICON PHOTONICS MARKET, BY SUB SEGMENT, 2019-2027 (IN $ THOUSANDS)
TABLE 14: GLOBAL ABSORPTIVE MODULATOR SILICON PHOTONICS MARKET, BY SUB SEGMENTS, 2019-2027 (IN $ THOUSANDS)
TABLE 15: GLOBAL REFRACTIVE MODULATORS SILICON PHOTONICS MARKET, BY SUB SEGMENT, 2019-2027 (IN $ THOUSANDS)
TABLE 16: GLOBAL INTERCONNECTS SILICON PHOTONICS MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 17: GLOBAL INTERCONNECTS SILICON PHOTONICS MARKET, BY SUB SEGMENT, 2019-2027 (IN $ THOUSANDS)
TABLE 18: GLOBAL WAVELENGTH DIVISION MULTIPLEXER FILTERS SILICON PHOTONICS MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 19: GLOBAL LED SILICON PHOTONICS MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 20: GLOBAL PHOTODETECTOR SILICON PHOTONICS MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 21: GLOBAL SILICON PHOTONICS MARKET, BY APPLICATION, 2019-2027 (IN $ THOUSANDS)
TABLE 22: GLOBAL TELECOMMUNICATION SILICON PHOTONICS MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 23: GLOBAL TELECOMMUNICATION SILICON PHOTONICS MARKET, BY SEGMENT, 2019-2027 (IN $ THOUSANDS)
TABLE 24: GLOBAL INFORMATION PROCESSING SILICON PHOTONICS MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 25: GLOBAL OTHERS MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
TABLE 26: GLOBAL OTHERS MARKET, BY SUB SEGMENT, 2019-2027 (IN $ THOUSANDS)
TABLE 27: GLOBAL METROLOGY SILICON PHOTONICS MARKET, BY SUB SEGMENT, 2019-2027 (IN $ THOUSANDS)
TABLE 28: OPPORTUNITY MATRIX
TABLE 29: VENDOR LANDSCAPE
TABLE 30: GLOBAL SILICON PHOTONICS MARKET, BY GEOGRAPHY, 2019-2027 (IN $ THOUSANDS)
TABLE 31: NORTH AMERICA SILICON PHOTONICS MARKET, BY COUNTRY, 2019-2027 (IN $ THOUSANDS)
TABLE 32: EUROPE SILICON PHOTONICS MARKET, BY COUNTRY, 2019-2027 (IN $ THOUSANDS)
TABLE 33: ASIA PACIFIC SILICON PHOTONICS MARKET, BY COUNTRY, 2019-2027 (IN $ THOUSANDS)
TABLE 34: REST OF WORLD SILICON PHOTONICS MARKET, BY REGION, 2019-2027 (IN $ THOUSANDS)
LIST OF FIGURES
FIGURE 1: GLOBAL SILICON PHOTONICS MARKET, BY PRODUCTS, 2018 & 2027 (IN %)
FIGURE 2: NORTH AMERICA SILICON PHONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 3: GLOBAL SILICON PHOTONICS MARKET, BY OPTICAL TRANS RECEIVER MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 4: GLOBAL SILICON PHOTONICS MARKET, BY SINGLE CHANNEL, 2019-2027 (IN $ THOUSANDS)
FIGURE 5: GLOBAL SILICON PHOTONICS MARKET, BY PARALLEL CHANNEL, 2019-2027 (IN $ THOUSANDS)
FIGURE 6: GLOBAL SILICON PHOTONICS MARKET, BY OPTICAL SWITCHES MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 7: GLOBAL SILICON PHOTONICS MARKET, BY IC MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 8: GLOBAL SILICON PHOTONICS MARKET, BY SENSORS, 2019-2027 (IN $ THOUSANDS)
FIGURE 9: GLOBAL SILICON PHOTONICS MARKET, BY PHOTOVOLTAIC CELLS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 10: GLOBAL SILICON PHOTONICS MARKET, BY WAVEGUIDES, 2019-2027 (IN $ THOUSANDS)
FIGURE 11: GLOBAL SILICON PHOTONICS MARKET, BY RIB WAVEGUIDE, 2019-2027 (IN $ THOUSANDS)
FIGURE 12: GLOBAL SILICON PHOTONICS MARKET, BY STRIP WAVEGUIDE, 2019-2027 (IN $ THOUSANDS)
FIGURE 13: GLOBAL SILICON PHOTONICS MARKET, BY PLANAR WAVEGUIDE, 2019-2027 (IN $ THOUSANDS)
FIGURE 14: GLOBAL SILICON PHOTONICS MARKET, BY FIBER WAVEGUIDE, 2019-2027 (IN $ THOUSANDS)
FIGURE 15: GLOBAL SILICON PHOTONICS MARKET, BY OPTICAL MODULATOR, 2019-2027 (IN $ THOUSANDS)
FIGURE 16: GLOBAL SILICON PHOTONICS MARKET, BY ABSORPTIVE MODULATORS, 2019-2027 (IN $ THOUSANDS)
FIGURE 17: GLOBAL SILICON PHOTONICS MARKET, BY FRANZ-KELDYSH, 2019-2027 (IN $ THOUSANDS)
FIGURE 18: GLOBAL SILICON PHOTONICS MARKET, BY QUANTUM-CONFINED STARK, 2019-2027 (IN $ THOUSANDS)
FIGURE 19: GLOBAL SILICON PHOTONICS MARKET, BY PLASMA DISPERSION, 2019-2027 (IN $ THOUSANDS)
FIGURE 20: GLOBAL SILICON PHOTONICS MARKET, BY REFRACTIVE MODULATORS, 2019-2027 (IN $ THOUSANDS)
FIGURE 21: GLOBAL SILICON PHOTONICS MARKET, BY THERMO-OPTIC EFFECT, 2019-2027 (IN $ THOUSANDS)
FIGURE 22: GLOBAL SILICON PHOTONICS MARKET, BY ELECTRO-OPTIC EFFECT, 2019-2027 (IN $ THOUSANDS)
FIGURE 23: GLOBAL SILICON PHOTONICS MARKET, BY MAGNETO-OPTIC EFFECT, 2019-2027 (IN $ THOUSANDS)
FIGURE 24: GLOBAL SILICON PHOTONICS MARKET, BY POLARIZATION CHANGES IN LIQUID CRYSTALS, 2019-2027 (IN $ THOUSANDS)
FIGURE 25: GLOBAL SILICON PHOTONICS MARKET, BY INTERCONNECTS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 26: GLOBAL SILICON PHOTONICS MARKET, BY INTERCHIP INTERCONNECTS, 2019-2027 (IN $ THOUSANDS)
FIGURE 27: GLOBAL SILICON PHOTONICS MARKET, BY BACKPLANE INTERCONNECTS, 2019-2027 (IN $ THOUSANDS)
FIGURE 28: GLOBAL SILICON PHOTONICS MARKET, BY INTRACHIP INTERCONNECTS, 2019-2027 (IN $ THOUSANDS)
FIGURE 29: GLOBAL SILICON PHOTONICS MARKET, BY WAVELENGTH DIVISION MULTIPLEXER FILTERS, 2019-2027 (IN $ THOUSANDS)
FIGURE 30: GLOBAL SILICON PHOTONICS MARKET, BY LED MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 31: GLOBAL SILICON PHOTONICS MARKET, BY PHOTODETECTOR MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 32: GLOBAL SILICON PHOTONICS MARKET, BY TELECOMMUNICATION, 2019-2027 (IN $ THOUSANDS)
FIGURE 33: GLOBAL SILICON PHOTONICS MARKET, BY OPTICAL FIBER COMMUNICATIONS, 2019-2027 (IN $ THOUSANDS)
FIGURE 34: GLOBAL SILICON PHOTONICS MARKET, BY OPTICAL DOWN CONVERTER TO MICROWAVE, 2019-2027 (IN $ THOUSANDS)
FIGURE 35: GLOBAL SILICON PHOTONICS MARKET, BY INFORMATION PROCESSING, 2019-2027 (IN $ THOUSANDS)
FIGURE 36: GLOBAL SILICON PHOTONICS MARKET, BY OTHERS, 2019-2027 (IN $ THOUSANDS)
FIGURE 37: GLOBAL SILICON PHOTONICS MARKET, BY DISPLAYS, 2019-2027 (IN $ THOUSANDS)
FIGURE 38: GLOBAL SILICON PHOTONICS MARKET, BY CONSUMER ELECTRONICS, 2019-2027 (IN $ THOUSANDS)
FIGURE 39: GLOBAL SILICON PHOTONICS MARKET, BY METROLOGY, 2019-2027 (IN $ THOUSANDS)
FIGURE 40: GLOBAL SILICON PHOTONICS MARKET, BY TIME AND FREQUENCY MEASUREMENT, 2019-2027 (IN $ THOUSANDS)
FIGURE 41: GLOBAL SILICON PHOTONICS MARKET, BY RANGE FINDING, 2019-2027 (IN $ THOUSANDS)
FIGURE 42: GLOBAL SILICON PHOTONICS MARKET, BY SENSING, 2019-2027 (IN $ THOUSANDS)
FIGURE 43: GLOBAL SILICON PHOTONICS MARKET, BY SPECTROSCOPY, 2019-2027 (IN $ THOUSANDS)
FIGURE 44: GLOBAL SILICON PHOTONICS MARKET, BY HOLOGRAPHY, 2019-2027 (IN $ THOUSANDS)
FIGURE 45: GLOBAL SILICON PHOTONICS MARKET, BY MEDICINE, 2019-2027 (IN $ THOUSANDS)
FIGURE 46: GLOBAL SILICON PHOTONICS MARKET, BY MILITARY, 2019-2027 (IN $ THOUSANDS)
FIGURE 47: GLOBAL SILICON PHOTONICS MARKET, BY OTHERS, 2019-2027 (IN $ THOUSANDS)
FIGURE 48: PORTER'S FIVE FORCE ANALYSIS
FIGURE 49: GLOBAL SILICON PHOTONICS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 50: UNITED STATES SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 51: CANADA SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 52: GERMANY SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 53: UNITED KINGDOM SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 54: FRANCE SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 55: SPAIN SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 56: ITALY SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 57: RUSSIA SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 58: REST OF EUROPE SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 59: CHINA SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 60: INDIA SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 61: SOUTH KOREA SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 62: JAPAN SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 63: AUSTRALIA SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 64: REST OF ASIA PACIFIC SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 65: LATIN AMERICA SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
FIGURE 66: MIDDLE EAST & AFRICA SILICON PHOTONICS MARKET, 2019-2027 (IN $ THOUSANDS)
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