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Silicon Photonics Market - Increasing Demand in Telecom and Data Communication Propells Growth

08-23-2018 09:35 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Silicon photonic devices comprise of the optical systems that use silicon as the optical medium. Since, silicon is used as a substrate for most ICs, it is easily possible to manufacture hybrid devices in which electronic as well as the optic components are incorporated on a single microchip.

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Thus, owing to their combined electronic properties, the potential of electro-optic and optoelectronic interactions of electrons and photons is added. This results in electrical excitation and manipulation of light as well as optical conversion to electrical signals.

Cloud computing performance needs for data center, rapidly growing internet traffic, and reducing bandwidth are some of the major factors driving the growth of the silicon photonic market.

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The opportunity anticipated to boost the silicon photonics market includes its increasing demand in telecom and data communication. As the silicon photonics technology has surpassed optical and copper technologies, it is encouraged by government and regulatory authorities across the world.

The silicon photonic technology uses lasers to transfer data into light pulses. Thus, features such as high density of interconnects, low environmental footprint, high optical functions integration, and low error rate are other factors accountable for the growth of the market in different end-use industries including military and aerospace, metrology and sensors, and healthcare among others.

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