The global Silicon Photonics Devices Market is forecasted to be worth USD 4,328.5 Million by 2027, according to a current analysis by Emergen Research. As there is a growing trend for connected devices and IoT in several industries, the need for the number of data points has also increased substantially. The factor driving the demand for the market is efficient power consumption usage in silicon photonics devices and increasing the bandwidth requirement for the transfer of large data. Increased funding into the sector has also propelled the growth of the market.
Moreover, with a fall in the price of these devices, the demand has increased extensively in various sectors such as telecommunications, healthcare, and defense, among others. An increase in the level of awareness in the healthcare sector, and incorporation of IT in the industry, such as refractive sensing and lab-on-chip solutions, have also boosted market demand.
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The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Silicon Photonics Devices market.
Key participants include Broadcom Limited, Acacia Communications, Inc., Finisar Corporation, Cisco Systems, Inc., Huawei Technologies Co., Ltd., Hamamatsu Photonics K. K., Infinera Corporation, IBM Corporation, Intel Corporation, and Luxtera, among others.
Key Highlights from the Report
In September 2020, Physik Instrumente (PI) and FormFactor join in MeasureOne partnership to advance silicon photonics devices test and measurement development.
MeasureOne is focused on delivering performance-validated and integrated solutions to address user’s test and measurement applications.
Fiber optics have changed the world of network communication since its inception. Fiber optic cables are used to transmit a large amount of data at high speed. The technology is used in the internet cable, and as compared to copper wires, these are lighter, less bulky, and more flexible and can carry more data.
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The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Emergen Research has segmented into the global Silicon Photonics Devices Market on the basis of product, devices, application, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
Optical Cables
Multiplexers
Optical Transceivers
Attenuators
Radio Frequency Circuit
Devices Outlook (Revenue, USD Billion; 2017-2027)
Photo Detector
Optical Waveguide
Optical Modulator
Optical Switches
Laser
Application Outlook (Revenue, USD Billion; 2017-2027)
IT Telecommunication
Healthcare
Defense
Consumer Electronics
Others
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Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Silicon Photonics Devices market?
What are the key product types and applications of the Silicon Photonics Devices industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
What is the competitive landscape of the Silicon Photonics Devices market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Silicon Photonics Devices Market by 2027?
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