Silicon Photonics Market – Size, Outlook, Trends and Forecast (2024

Silicon Photonics Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Photonics is a technology of Signal Processing where photons (light) carry the Signal. Silicon Photonics is the developing technology in which more data is transferred in less time by optical rays among computers chips. Beyond Digital Communication Silicon Photonics are also used in optical debug of high-speed data, expanding wireless networks by transporting analogue RF Signals and in Bio-Medical Applications and other. However, Lumerical and Mentor Graphics along with Phoenix Software jointly developing a complete design flow for Silicon Photonics tool for electronic IC Design.

Silicon Photonics Market Size & Growth:

Silicon Photonics Market size is projected to reach approximately $xx billion by the end of 2024 with a CAGR of close to X% from $xx million in 2017 during the forecast timeline 2018-2024. The significant factors that propel the growth of the Silicon Photonics Market are Increase in the requirement for high data transfer capabilities and high bandwidth, decrease in consumption of power by using Silicon Photonics Based and Raise in Silicon Photonics Applications are the factors accelerating the growth of the market. Some of the Restraints facing the Silicon Photonics Market are Increase in Risk of thermal effect, On-Chip Laser Integration Complexity is the Restraints that lags the market growth.

Silicon Photonics Market Share:

Silicon Photonics Market is segmented by Product which consists of Optica Cables, Transceivers, Multiplexers, Radio Frequency Circuit, Attenuators. Among these Transceivers is expected to have the highest market during the forecast period. Transceivers are used in various applications such as high- performance computations and owing to high demand for high-speed data transmission in Data Centres, technological advancements

Silicon Photonics Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

in transceivers data speed capability and other. There are various types of transceivers Pluggable and Non-Pluggable transceivers. Pluggable transceivers are used at Data centres that are plugged into the cages of the switching and server equipment. The Advantage of Pluggable Transceivers is less end to end connection losses. Non-Pluggable Transceivers reduce the need for separate metal transceiver housing and pluggable electrical contacts. These are factors which lead to the growth of Transceivers during the forecast

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Silicon Photonics Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

period.

By components, Silicon Photonics market is segmented into Optical Waveguides, Planar Waveguide, Fibre Waveguide, Optical Modulator, Photo Detector, Laser. Among these, the demand for Laser is expected to have the highest CAGR

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