Silicon Photonics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2030

  • Single User License $3500

Silicon Photonics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2030

Status : January, 2023 | Semiconductor & Electronics

Report Digest


Silicon Photonics Market: Overview

The silicon photonics market is expected to experience various growth opportunities in the years to come. These growth opportunities in the market are possible with the increasing demand for high data transfer and high bandwidth capabilities. The traditional copper cables are not that efficient to match the demand for high-speed data transfer. But the use of silicon photonics transceivers and optical interconnects help to eliminate the issue of the limited spectral range.

Various components, for example, switches and transceiver interconnects are used in the communicat. The silicon photonics market is expected to experience various growth opportunities in the years to come. These growth opportunities in the silicon photonics market are possible with the increasing demand for high data transfer and high bandwidth capabilities. The traditional copper cables are not that efficient to match the demand for high-speed data transfering on networks that have been based on silicon photonics technology. This technology also requires comparatively less power. The companies serving in the market have come up with optical switches, which require low power for operation. The conventional products have been based on computer-to-computer and board-to-board integrations. On the other hand, silicon photonic products have been based on on-chip integration that helps to reduce product size and power consumption. Thus, based on these factors, the market has been expected to grow at a noticeable speed in the forthcoming years.

Silicon Photonics Market: Key Trends

The lasers have been used for the transmission of high-performance optical data as they create pure light concerning color and frequency. Silicon phonics can use either off-chip or on-chip sources of light. The on-ship source of light is able to achieve a higher integration density with the compact size. It also has the capacity for better performance in energy proportionality and energy efficiency compared to an off-chip source of light. However, integrating laser sources that are available on the silicon chip increases the complexity of the process. In addition to this, various available sources of light have a variety that makes integration of the on-chip laser a complex process. Thus, based on these factors, the silicon photonics market has been predicted to experience various obstacles in the growth impetus.

Short-reach communication has been used to link optical interconnects and it has a vast scope for communication networks development. Silicon photonics technology has the ability to optimize the performance of short-reach communication systems. Further, the technology is also for data transmission at high speeds up to 10 km. Different companies across the world are putting efforts to increase the transmission distance and transmission speed. All these factors lead to increasing traction for silicon photonics technology to establish communication within the data centers. Thus, based on these factors, the silicon photonics market has been anticipated to grow at the noteworthy speed in the years to come.

Silicon Photonics Market: Competitive Dynamics and Key Developments

The key players dealing in the silicon photonics market are using different development strategies to bolster the growth avenues in the forthcoming years. Some of these market strategies are mergers and acquisitions, technological partnerships and collaborations, product introductions and approvals, strategic initiatives, and regional expansion that are adopted by these market players to fuel lucrative opportunities in the market.

For instance, NeoPhotonics has announced the launching of CFP2-DCO module transceiver that comes with 400 Gbps transmission speed over 1500 km range in June 2021. 

Some key players in the silicon photonics market are:

  • Cisco Systems
  • Intel
  • MACOM Technology
  • GlobalFoundries
  • NeoPhotonics
  • InPhi
  • II-VI
  • IBM
  • STMicroelectronics
  • Rockley Photonics

Silicon Photonics Market: Regional Assessment

The silicon photonics market has been bifurcated into APAC, North America, Europe, and the Rest of the World on the basis of geographical locations. Among these geographical locations, APAC has been anticipated to grow at a noticeable speed. This market growth has been on the back of increasing usage of silicon photonics in telecommunication and high-performance computing applications. In addition to this, the rising count of internet users in India and China and high-speed mobile devices and broadband networks are also driving expansion avenues in the regional market.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?