The global Silicon Photonics Market is expected to reach USD 4.62 Billion by 2027, according to a new report by Emergen Research. Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario.The rising demand for high-speed data transmission in data centers is projected to boost the demand for silicon photonics. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Silicon Photonics market along with crucial statistical data about the Silicon Photonics market. The rapid growth in the usage of smartphones and internet services has led to the increased use of silicon photonics transceivers for telecommunications applications and is anticipated to fuel demand in the market for silicon photonics. Information about profit-making strategies and developmental strategies of major companies and manufacturers. The rising demand for high bandwidth, high data transfer, and government initiative to move towards e-banking are driving the market growth. The waveguide segment is projected to grow substantially owing to the wise use of this component in the telecommunication sector. With the acceptance of cloud services, there is an increased rate of data traffic, which has directed to an rise in the demand for data centers.
As a result of developments in remote diagnostics and remote surgery in the medical and healthcare industries, the demand for silicon photonics is expected to expand in the healthcare industry. The laser segment is expected to dominate the market with a significant share of 33.7% over the forecast timeframe due to the increasing development of tunable lasers and hybrid silicon The latest and updated research report on the Global Silicon Photonics Market covers a comprehensive overview of the Silicon Photonics market, future economic condition, competitive landscape mapping, supply and demand trends, and production and consumption analysis. In 5G connectivity, this modern system will help to channel a large volume of data traffic at a low cost and to transform the radio access network efficiently.The pandemic has dynamically affected all aspects of life on a global scale along with drastic changes in the economy and market conditions. The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The Asia-Pacific is expected to grow significantly due to an increasing population, growth in urbanization, and rising demand for data transmission. The introduction of 5G technology and growing demand for bandwidth will provide an option for corporations to expand their emergen research initiatives in the photonics sector. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities
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Key participants include IBM Corporation, Cisco Systems Inc., AIO Core Co. Ltd, Intel Corporation, Infinera Corporation, Mellanox Technologies Ltd, IPG Photonics Corporation, NKT Photonics, STMicroelectronicss NV, and Hamamatsu Photonics K.K. among others.
Emergen Research has segmented the global Silicon Photonics Market on the basis of product, component, end-use, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
Sensors
Switches
Transceivers
Optical Attenuators
Optical Cable
End-Use Outlook (Revenue, USD Billion; 2017-2027)
Consumer Electronics
Healthcare
Telecommunication & IT
Defense
Others
Component Outlook (Revenue, USD Billion; 2017-2027)
Photodetector
Modulator
Laser
Waveguides
Filter
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Regional Analysis of the Silicon Photonics Market:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Overview of the Silicon Photonics Market Report:
Analysis of the Manufacturers with sales, revenue, and price analysis
Comprehensive analysis of the competitive landscape
Extensive profiling of the key competitors along with their business strategies and market size
Regional analysis of the market along with sales, revenue, market share, and global position
Country-wise analysis of the market along with types, applications, and manufacturing
Strategic recommendations to established players as well as new entrants
Market Taxonomy:
Chapter 1: Methodology & Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
Chapter 2:
Executive Summary
- Business trends
- Regional trends
- Product trends
- End-use trends
Chapter 3:
Industry Insights
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
Read More: https://www.emergenresearch.com/industry-report/silicon-photonics-market
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About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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Emergen Research | Web: www.emergenresearch.com
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