Silicon Photonics Market Size Analysis, Region Outlook and Forecasts Report, 2014 - 2025

 The global Silicon Photonics Market research report provides complete insights on industry scope, global trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready, data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. 

Market Overview: 

In 2015, the global Silicon Photonics Market size was valued at USD 123 million and is predicted to grow due to increasing uses of photonic technology. Silicon photonics has applications in telecommunication and data infrastructure as they have huge impact on energy efficiencies of communication Network. 

Key Players:

• Intel Corporation
• Cisco Systems, Inc.
• DAS Photonics
• Hamamatsu Photonics K.K.
• IBM Corporation
• STMicroelectronics N.V.
• ADVA Optical Networking 

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Growth Drivers: 

The need of silicon photonics in application areas such as consumer electronics, IT and increasing demand for optical multiplexers, optical attenuators and optical cables will drive the market in forecasted period. 

Silicon photonics technology uses silicon as platform for photonic circuits to create highly integrated optical communication systems. The key elements of value chain include raw material suppliers, components manufacturers, Original equipment manufacturers, distributors and end users. 

Application Outlook:

• IT & Telecommunications
• Consumer Electronics
• Healthcare & Life Sciences
• Commercial
• Defense and Security
• Others (Media & Advertising) 

Component Outlook:

• Optical Waveguides
• Optical Modulators
• Photodetectors
• Wavelength-Division Multiplexing (WDM) Filters
• Laser 

Regional Insights: 

Asia Pacific region is predicted to grow at a highest CAGR from 2016 to 2025. A strong demand and growth in consumer electronics manufacturers, transportation network as led to adoption of Silicon photonics technology. 

In 2015, North American market dominated industry in terms of revenue. The key features of silicon photonics product such as low power consumption, small size and high efficiency are important reasons for adoption of this technology. The firms are investing in R&D for continuous development of advance photonic products that will lower the cost of high-speed internet access and will boost efficiency of Communication networks. 

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