Global Silicon Photonics Market is valued at USD 1454.8 Million in 2021 and is expected to reach USD 7253.6 Million by 2028 with a CAGR of 25.8% over the forecast period.
Global Silicon Photonics Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing demand for high bandwidth and high data transfer capabilities are some of the major factors expected to drive the growth of the Global Silicon Photonics Market.
Silicon Photonics is an application and study of photonic system which uses silicon as an optical medium. It is a combination of integrated circuit and semiconductor laser and device which are highly deployed in optical communications. It can be made with existing semiconductor fabrication techniques and because silicon is already used as the substrate for most integrated circuit, it is possible to create hybrid devices in which the optical and electronic sections are fused into a single microchip. Additionally, it is a technology which uses silicon as an optical medium for data transmission. This technology is cost-efficient and as well as energy efficient and majorly it helps to solve the problem related to huge data transfer and slow internet speed.
After the outbreak of the Covid-19 pandemic, there has been an increase in the usage of internet, primarily because of the high acceptance of the work-from-home norm and increased desire toward watching television and e-learning activities. However, increasing use of digital services has also boosted the firing of employees or cutting down on expenditure by companies. Due to this, the market of networking components, such as silicon photonic devices, has reduced. 5G network is in the beginning phase of deployment, and Covid-19 has disrupted its development and delayed the disruption of 5G network, which, in turn, will affect the growth of the silicon photonics market.
The Global Silicon Photonics Market is segmented on the basis of product, component, waveguide, application and region & country level. On the basis of product, the global silicon photonics market is classified as transceivers, variable optical attenuators, switches, cables and sensor. Based on component, the market is classified as lasers, modulators, photo detectors and others. Based on waveguide, the global silicon photonics market is classified as 400-1500 NM, 1310-1550 NM and 900-7000NM. Based on application, the market is classified as data centers and high-performance computing, telecommunication, military, defense and aerospace, medical and life science and others application.
The regions covered in Silicon Photonics market report are North America, Europe, Asia-Pacific, Latin America and Rest of the World. On the basis of country level, the market of Global Silicon Photonics is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, India, Japan, South East Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.
Silicon Photonics Market report covers prominent players like
On January 16th, 2022; Researchers at Princeton Lightwave Lab and NEC Laboratory America have built a real-time neural network on an integrated photonic chip, enabled by silicon photonics. The technology could be useful for a trans-pacific transmission link of upto 10,000 km and could help to overcome the adverse effects of fiber nonlinearity. This is an excellent case of how photonics outperforms electronics in AI applications. In addition, the silicon neural network created by the researchers is programmable and based on the so-called broadcast-and-weight protocol.
On December 22nd, 2021; Tower Semiconductor in Israel is offering the world’s first open silicon photonics (SiPho) foundry-ready process with integrated III-V lasers, amplifiers, modulators and detectors. The platform was developed with networking giant Juniper Networks for optical connectivity in datacentres and telecom networks, as well as new emerging applications in artificial intelligence (AI), LiDAR and other sensors for driverless cars. The platform co-integrates III-V lasers, semiconductor optical amplifiers (SOA), electro-absorption modulators (EAM) and photodetectors with silicon photonics devices, all monolithically on a single chip. This enables smaller, higher-channel count and more power-efficient optical architectures and solutions. Foundry availability will enable a broad array of product developers to create highly integrated photonic integrated circuits (PICs) for diverse markets.
On December 8th, 2021; MACOM Technology Solutions and GlobalFoundries (GF) collaborated to ramp the innovative Laser Photonic Integrated Circuit (L-PIC) platform from MACOM using GF’s current-generation 300mm-wafer silicon photonics offering, 90WG. Production scale of 300mm wafers is expected to enable exponential port growth in cloud data centers and 5G networks. The collaboration was leveraged GF’s 300mm silicon manufacturing process to deliver requisite cost, scale and capacity that is expected to enable mainstream L-PIC deployment for hyper scale data center interconnect and 5G network deployments at 100G, 400G and beyond.
On December 18th, 2018; Cisco incorporated Luxtera’s technology across its intent-based networking portfolio, which spans data center and service provider markets. Cisco specifically cited integration of Luxtera’s technology into its 100GbE and 400GbE portfolios. As system port capacity increases to 400GbE and beyond, optics plays an increasingly important role in addressing density and power requirements. In late October Cisco announced 400G switches that target hyperscale cloud providers, large enterprise data centers, and telecommunications providers moving to 5G. The company was actually a bit late to the 400G party.
With the slandered copper cables, it is hard to meet the ever-growing demand for high-speed data transfer. Bu using optical interconnects and silicon photonic transceivers, the issue of the limited spectral range can be removed. Additionally, the integrands such as transceivers interconnects, and switches used in communication networks based on silicon photonics technology swallow less power compared to slandered. The industries such as CISCO and Intel have invented optical switches which consume low power (i.e., 0.6 mW) and can supply more switching speed of 6 ns. The another factor supplementing the market growth is the silicon photonic equipment’s which are developed from on-chip integration, which decrease the size of product and also helps it to decrease power consumption.
Furthermore, its increasing demand in high-speed broadband services is also fostering the silicon photonic market growth. The rising demand for high-speed broadband services, is due to the increasing adoption in government agencies, commercial and other applications. Hence, silicon photonics-based devices such as modulators, waveguides, and transceivers and many other such devices are highly used in high-speed broadband applications. Therefore the demand for the high-speed internet is set to drive the silicon photonic market. And, increasing demand for 5G communication, high-speed data transmission through silicon photonics, rising deployment of data centers and many other such factors area also boosting the market growth.
However, the complexity in combination or fusing of on-chip laser may restrain the growth of silicon photonics market. Lasers need high-performance optical data transmission because it creates pure light in terms of frequency and color. Silicon photonics uses either on-chip light source or off-chip light source. However, consolidated laser sources on a silicon chip is tough as it increases the complexity. Additionally, different light consist of different light sources; therefore, the integration of on-chip laser is a complex process, which may hamper the market growth. In spite of that, the surging utilization of silicon photonics technology in short-reach communication may offer more opportunities for the further growth of the market. Silicon photonics technology can advance the performance of short-reach communication systems.
North America is expected to capture the largest market share in the global silicon photonics market as North America is the center of many technology companies, industries and also invested high on R&D establishments. The North America is leading in significant innovations and technological advances in silicon photonic market. The increasing demand for high production with low cost, and customized components in life sciences, telecommunications and other sectors are creating profitable opportunities in the evolving silicon photonics market in this region. The remarkable development of 5G in developed countries such as New York and many other countries are crucially affected the market growth rate. Verizon’s Vestberg announced in 2019 that half the U.S. will have access to 5G by the end of 2020 with the help from US government.
Asia Pacific is expected to show a fastest growth in the global silicon photonic market. The increasing government initiatives for the telecom development and growing use of silicon photonics in telecommunication, and data center and high-performance computing applications, among others area some of the major factors driving the market growth in this region. In addition, increasing number of internet users in major countries of this region such as Japan, China and India, the growing use of high-speed broadband networks and mobile devices, requires developed infrastructure with supporting telecommunication and high-speed communication which is also supplementing the demand for silicon photonics in this region.
Middle East and Africa
|Historical data||2015 - 2020|
|Forecast Period||2021 - 2028|
|Market Size in 2021:||USD 1454.8 Million|
|Base year considered||2020|
|Forecast Period CAGR %:||
|Market Size Expected in 2028:||USD 7253.6 Million|
|Tables, Charts & Figures:||175|
|Silicon Photonics Companies||Cisco Systems, Intel, MACOM Technology, GlobalFoundries, NeoPhotonics, InPhi, II-VI, IBM, STMicroelectronics, Rockley Photonics, Mellanox Technologies, Sicoya, Lumentum Operations, RANOVUS, Broadcom, Hamamatsu Photonics, Molex, Fujitsu, Chiral Photonics, EFFECT Photonics, AIO Core, NKTPhotonics, IPG Photonics, DAS Photonics, and TDK Corporations and others.|
|Segments Covered||By Product, By Component, By Waveguide, By Applications|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
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