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Silicon Photonics Market Expected to Witness a Sustainable Growth over 2025

04-19-2018 08:45 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Silicon Photonics Market Expected to Witness a Sustainable

In silicon photonics technology, silicon is used as a platform for the photonic circuits to create optical communication system which is highly integrated. The modern trend of miniaturization of electronic devices with increasing requirement for speed and efficiency as well as keeping the cost economical, has led to the increase in demand for the global silicon photonics market. This has led to the silicon photonics market becoming an interesting avenue globally as it has the advantage of requiring low power consumption, having higher density of interconnects, higher integration and reliability. The global silicon photonics market is anticipated to grow with two digit compound annual growth rate.

A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-651

Silicon Photonics Market: Drivers & Restraints

The largest market for global silicon photonics market is data communication, as the protocol is providing services which is surpassing optical and copper technologies. The government providing financial support and the growing demand for the transference of data is driving the growth of global silicon photonics market. Demand for global silicon photonics market is also driven by covering distance or data rates which have not been provided by vertical cavity surface-emitting lasers (VCSELs), providing faster data rates while maintaining low cost. Various constraints for the global silicon photonics market are high cost as the companies have to develop the Computer-aided engineering/Computer-aided design (CAE/CAD) on their own and competition with VCSEL which is available at a low cost.

Silicon Photonics Market: Segmentation

On the basis of application, global silicon photonics market can be segmented into:

Telecommunications

Datacom

High Performance Computer (HPC) and data centers

Medical

Sensing and instruments

Defense/aerospace industries

Research and development

Others (consumers-connecting PCs with HDTVs and desktop PC devices, commercial video, etc.)

On the basis of products, global silicon photonics market can be segmented into:

Silicon optical modulators

Wavelength division multiplexer filters

Silicon photo-detectors

Silicon photonic waveguides

Others (silicon led, silicon optical interconnects, etc.)

Silicon Photonics Market: Region-wise Outlook

In terms of region, North America has the highest market for silicon optical modulators and wavelength division multiplexer filters. North America is becoming an attractive destination for the companies to launch the silicon photonics market due to government support and increase in demand for the data transfer but Asia-Pacific has the highest CAGR for global silicon photonics market due to rising population, increase in urbanization and growing demand for data transfer.

To view TOC of this report is available upon request @ https://www.futuremarketinsights.com/toc/rep-gb-651

Silicon Photonics Market: Key Players

Some of the identified key players in the global silicon photonics market are Infinera, NeoPhotonics, Avago technologies, Luxtera, Mellanox technologies, OneChip Photonics, Cisco, Skorpios technologies, Photline technologies, etc.

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact Us:
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New York 10989,
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Tel: +1-347-918-3531
Fax: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/

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