The global Silicon Photonics Market is expected to reach USD 4.62 Billion by 2027, according to a new report by Emergen Research. The rapid growth in the usage of smartphones and internet services has led to the increased use of silicon photonics transceivers for telecommunications applications and is anticipated to fuel demand in the market for silicon photonics. The government's influence on the population to shift towards e-banking and internet-based money banking is also expected to drive the silicon photonics market.

The report analyzes the Silicon Photonics market by taking into consideration the key factors that drive or restrain the growth of the market. The report considers COVID-19 as one such factor. The report is furnished with the current market scenario and changes in the trends and dynamics of the industry with regard to the impact of the COVID-19 pandemic on the Silicon Photonics market. The report also strives to offer a futuristic outlook for remuneration and market growth in a post-COVID-19 scenario. It also includes the current and future impact of the pandemic on the Silicon Photonics business sphere and its key segments.

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Key Highlights From The Report

• The laser segment is expected to dominate the market with a significant share of 33.7% over the forecast timeframe due to the increasing development of tunable lasers and hybrid silicon. The waveguide segment is projected to grow substantially owing to the wise use of this component in the telecommunication sector.
• The telecommunication industry is anticipated to witness the highest market growth rate throughout the forecast period due to the implementation of 5G technologies to deliver higher bandwidth and high-speed data transfer. As a result of developments in remote diagnostics and remote surgery in the medical and healthcare industries, the demand for silicon photonics is expected to expand in the healthcare industry.
• Key participants include IBM Corporation, Cisco Systems Inc., AIO Core Co. Ltd, Intel Corporation, Infinera Corporation, Mellanox Technologies Ltd, IPG Photonics Corporation, NKT Photonics, STMicroelectronics NV, and Hamamatsu Photonics K.K. among others.

Silicon Photonics Market Segmentation:

Emergen Research has segmented the global Silicon Photonics Market on the basis of product, component, end-use, and region:

• Product Outlook (Revenue, USD Billion; 2017-2027)
  • Sensors
  • Switches
  • Transceivers
  • Optical Attenuators
  • Optical Cable
• Component Outlook (Revenue, USD Billion; 2017-2027)
  • Photodetector
  • Modulator
  • Laser
  • Waveguides
  • Filter
• End-Use Outlook (Revenue, USD Billion; 2017-2027)
  • Consumer Electronics
  • Healthcare
  • Telecommunication & IT
  • Defense
  • Others

Regional Bifurcation includes:

• North America(U.S., Canada)
• Europe(U.K., Italy, Germany, France, Rest of EU)
• AsiaPacific(India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America(Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa(Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Objectives of the Silicon Photonics Market Report:

• Analysis and forecast of the Global Silicon Photonics Market by segmentation of the market
• Analysis of various macro and micro-economic factors influencing the growth of the market
• Extensive SWOT analysis and Porter’s Five Forces analysis to offer a detailed view of the competitive landscape
• Insights into drivers, restraints, opportunities, limitations, threats, and challenges
• Analysis of the key players operating in the industry
• Strategic recommendations to the new entrants pertaining to entry-level barriers and to established players for formulating fruitful business plans

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Silicon Photonics Market Segmentation & Impact Analysis
    4.1. Silicon Photonics Market Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Increasing demand for high bandwidth and high data transfer
                    4.2.2.2. The rise in adoption of 2.5D integrated onboard silicon photonics
                    4.2.2.3. Government initiative to move towards e-banking
          4.2.3. Market restraints analysis
                    4.2.3.1. Increasing risk of thermal effect.
                    4.2.3.2. Complex On-Chip Laser integration
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

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