Dublin, Sept. 01, 2020 (GLOBE NEWSWIRE) -- The "Global Silicon Photonics Market 2019-2028" report has been added to ResearchAndMarkets.com's offering.
According to the report, the global silicon photonics market is predicted to grow at a CAGR of 16.72% during the forecast period between 2019 and 2028.
The rising demand for high-speed data transfer is primarily driving the growth of the global silicon photonics market. Silicon photonics technology makes use of light as a data transferring medium, thereby increasing the data transfer rate more as compared to the electrical signaling. This aids in saving money, time and human resources. The increased level of power efficiency is the driving factor of the global market growth.
Besides, the ever-increasing demand for high-speed data is expected to be fulfilled with the integration of this technology into the internet market. There is an increased investment towards the development of silicon photonics from private, public and government organizations. However, the electric current emitted from the silicon photonics-based products, which can affect the environment, hampers the global market growth to a great extent.
The global market report covers the countries from North America, Europe, the Asia-Pacific, Latin America and the Middle East and Africa.
North America is expected to dominate the global market, having the largest share in the projected period. The growing number of smartphone users and the rising IoT (Internet of Things) market is primarily driving the growth of the silicon photonics market in the region. Besides, there is an increased consumer awareness regarding the efficiency of silicon photonics technology, which is fueling the demand for products with silicon photonics applications in the country. In addition, increasing investments for developing the technology further and the strategic collaborations between research institutions & key market players are also boosting the regional market growth in the upcoming years.
The major companies in the silicon photonics market are Intel Corporation, Enablence, Hewlett Packard Enterprise Development LP, Infinera Corporation, Molex, ADVA Optical Networking, NeoPhotonics Corporation, Hamamatsu Photonics KK, Okmetic Oy, STMicroelectronics, II-VI Incorporated, Luxtera Inc (Acquired by CISCO Systems Inc), Acacia Communications Inc, Chiral Photonics and Mellanox Technologies (NVIDIA Corporation).
STMicroelectronics is a global company that is involved in the designing, development and manufacturing of semiconductor products. It offers a wide product portfolio, including full-custom devices & semi-custom devices, application-specific integrated circuits, discrete & standard commodity components and application-specific standard products for digital, analog and mixed-signal applications. The company primarily operates in the Netherlands, Singapore, Japan, France, Italy and the US.
Key Topics Covered
1. Global Silicon Photonics Market - Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Telecommunication Captures the Largest Market Share
2.2.2. Benefits of Silicon Photonics to Network Operators
2.2.3. Applications of Silicon Photonics in Smartphones
2.3. Porter's Five Force Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Market Drivers
2.6.1. Demand for High-Speed Data Transfer
2.6.2. Need for Energy-Efficient Technology
2.6.3. Growth in Internet Connectivity
2.7. Market Restraints
2.7.1. Complex Network System
2.7.2. Problems Due to the Thermal Effects of the Technology
2.8. Market Opportunities
2.8.1. Growing Applications in Automotive Sector
2.8.2. Growth in Investments in the Market
2.9. Market Challenges
2.9.1. Problems Related to Standardization
3. Global Silicon Photonics Market Outlook - by Product Type
3.1. Optical Transceiver
3.1.1. Single Channel
3.1.2. Parallel Channel
3.2. Optical Switches
3.3. Integrated Circuits
3.5. Photovoltaic Cells/Solar Cells
4. Global Silicon Photonics Market Outlook - by Components
4.1.1. Rib Waveguide
4.1.2. Strip Waveguide
4.1.3. Planar Waveguides
4.1.4. Fiber Waveguide
4.2. Optical Modulators
4.2.1. Absorptive Modulators
188.8.131.52. Quantum-Confined Stark
184.108.40.206. Plasma Dispersion
4.2.2. Refractive Modulators
220.127.116.11. Thermo-Optic Effect
18.104.22.168. Electro-Optic Effect
22.214.171.124. Magneto-Optic Effect
126.96.36.199. Polarization Changes in Liquid Crystals
4.3.1. Interchip Interconnects
4.3.2. Backplane Interconnects
4.3.3. Intrachip Interconnects
4.4. Wavelength Division Multiplexer Filters
5. Global Silicon Photonics Market Outlook - by Application
5.1.1. Optical Fiber Communications
5.1.2. Optical Down Converter to Microwave
5.2. Information Processing
5.3. Other Application
5.3.2. Consumer Electronics
188.8.131.52. Time and Frequency Measurement
6. Global Silicon Photonics Market - Regional Outlook
6.1. North America
6.4. Latin America
6.5. Middle East and Africa
7. Competitive Landscape
7.1. Adva Optical Networking
7.2. Chiral Photonics
7.4. II-VI Incorporated
7.5. Hamamatsu Photonics KK
7.6. Hewlett Packard Enterprise Development L.P.
7.7. Infinera Corporation
7.8. Intel Corporation
7.9. Mellanox Technologies (Nvidia Corporation)
7.11. Neophotonics Corporation
7.12. Okmetic Oy
7.14. Luxtera Inc. (Acquired by Cisco Systems Inc.)
7.15. Acacia Communications Inc.
For more information about this report visit https://www.researchandmarkets.com/r/j4ea4z
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