Global Silicon Photonic Module Market to Reach US$ 6 Billion By 2026 - QY Research 2020

This report also analyses the impact of Coronavirus COVID-19 on the Silicon Photonic industry.

Silicon photonics is a new technology to use for developing silicon-based optical devices. Silicon photonics technology demand is high in the semiconductor industry due to the following reasons,

o Establishments of Large silicon fabrication units
o Low cost
o A high abundance of this material

Silicon Photonic Module Revenue Share (%)

Global silicon optical modules market value will increase by 20% to reach US$ 2 billion by 2022 and expected to reach US$ 6 billion by 2026.

Based on our recent survey, we have several different scenarios about the Silicon Photonic YoY growth rate for 2020.

o Silicon Photonic probable scenario is growing by a -6.5% in 2020
o Silicon Photonic revenue will be US$ 1346 million in 2020 from US$ 1440 million in 2019.
o The market size of Silicon Photonic will reach US$ 7577 million in 2026, with a CAGR of 24% from 2020 to 2026.

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Currently, Fast deployment of high-speed telecommunications networks 4G and 5G globally and the acceleration of independent data center construction, silicon-photonic technology-related companies have launched or stepped up their research and development of commercial products, and the development of the silicon photonics industry will accelerate.

Silicon photonics is most important R&D direction in Supercomputing Market due to Fast speed and low power consumption. It has been the main research area in high performance computing HPC and "exascale" computing.

As technology matures, in addition to commercialization in the field of optical communication and cloud computing, silicon photonic products will also penetrate supercomputing, sensors, cell and DNA analysis, virtual reality and other application areas. The corresponding market space in these areas will be much larger at 700 million U.S. dollars, silicon photonic communication is only the first step in the advancement of copper at the chip level.

By the product type, the market is primarily split into
o Transceiver
o Variable optical attenuator
o Switch
o Cable
o Sensor

By the end users/application, this report covers the following segments

o Data centre & high-performance computing
o Telecommunications
o Quantum computing
o Military, defence, and aerospace
o Medical and life sciences
o Sensing


COVID-19

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt and will significantly affect the Silicon Photonic market in 2020.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

The Key players are operating in the global Silicon Photonic Module market are:

o Cisco Systems
o Intel
o IBM
o STMicroelectronics
o Oclaro (Lumentum Holdings)
o Huawei
o Finisar (II-VI Incorporated)
o Hamamatsu
o Juniper
o GlobalFoundries (Mubadala)
o Rockley Photonics
o Reflex Photonics

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