Silicon Photonics Market Scenario
Various factors propelling the global silicon photonics are rising demand for silicon photonics based products in data centers and reduction in power consumption with use of silicon photonics based transceivers. Furthermore, growing requirement of high bandwidth and high data transfer capabilities is also one of the factors fuelling the silicon photonics market globally. However, risk of thermal effect is one of the key restraint hindering the market growth.
Silicon Photonics Market Segmentation
The Silicon photonics market is segmented by Product, Component, Application and Geography. Various Products studied in the silicon photonics market are Transceiver, Variable Optical Attenuator, Switch, Cable and Sensor. Furthermore, the Component comprises of Active (Laser, Modulator and Photodetector) and Passive (Filter and Waveguides). Likewise, the silicon photonics are used in various Applications such as Data Centre & High-Performance Computing, Telecommunications, Military, Defense, & Aerospace, Medical & Life Sciences and Sensing. Based on Geography, the Silicon photonics Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.
Silicon Photonics Market by Geography
Geographically, the silicon photonics market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. The Asia Pacific region is anticipated to propel the silicon photonics market. Due to the growing need for high speed data communication in data centre and telecommunications applications in this region. Also, silicon photonics market in Asia Pacific is mostly driven by the high number of internet users in China and India, and the growing development as well as usage of high-speed broadband networks and mobile devices requiring infrastructure that supports telecommunication and high-speed communication.
Silicon Photonics Market Key Players
Some of the major players operating in the global silicon photonics market includes Acacia, Broadcom, Ciena, Cisco, Finisar, Global foundries, Hamamatsu, IBM, Intel, Juniper, Luxtera, Mellanox, Neophotonics, Oclaro, Reflex Photonics and STMicroelectronics.
Silicon Photonics Market Report Key Benefits