SNS Insider Black Friday Offer
Silicon Photonics Market

Silicon Photonics Market Size, Share & Segment By Product (Transceivers, Switches, Optical Multiplexers, Variable Optical Attenuators, Optical Engines, Active Optical Cable, Sensors) By Component (Photo Detectors, Lasers, Modulators) By Waveguide (400-1,500 NM, 1,310-1,550 NM, 900-7000 NM) By Application (Military, Defense And Aerospace, IT And Telecommunication, Medical And Life Science, Data Centers And High-Performance Computing, Other Applications), By Regions And Global Forecast 2022-2028

Report Id: SNS/SEMI/2040 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

The Silicon Photonics Market Size was valued at USD 1.5 billion in 2021, and is expected to reach USD 7.11 billion by 2028, and grow at a CAGR of 24.9% over the forecast period 2022-2028.

Silicon photonics is an evolving branch of photonics that offers clear advantages over the electric conductors used in semiconductors used in high-speed transmission systems. This technology is expected to push the transfer speed up to 100 Gbps, with leading market players achieving success using such advanced technology. Apart from this, technology is constantly changing the semiconductor industry, which makes data transfer faster and processing.

Silicon Photonics Market Revenue Graph

Optical communication has grown significantly in global systems over the past few decades. New and more sophisticated technologies have been created to meet the demand for big data transfers worldwide, as such systems continue to push channel power limits. Silicon photonics is one of these technologies.

MARKET DYNAMICS:

KEY DRIVERS:

  • Increasing requirement high bandwidth and data transfer.

  • Growing emphasis on lowering power consumption with silicon photonic transceivers.

  • Demand for high-speed broadband services is increasing.

RESTRAINTS:

  • Complexity in On-chip laser integration.

  • menace of thermal effect.

OPPORTUNITIES:

  • increasing deployment of 5G networks.

  • Increasing funding from the government and stakeholders.

  • Silicon photonics' emerging applications

CHALLENGES:

  • Bulk crystalline silicon electroluminescence is inefficient.

  • The incorporation of silicon photonic components into small circuits.

IMPACT OF COVID-19: 

COVID-19 has had a severe impact on the global economy as well as all industries. To stop the plague from spreading, governments in several countries have established borders. The initial phase of the epidemic's global shutdown in many countries has had a significant influence on people's lives and quality of life. As a result, the global supply chain has been shattered. The global economy has shrunk as commodity demand has decreased considerably. Due to the outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption.

With the outbreak of the COVID-19 epidemic, there has been a dramatic increase in internet usage, largely due to the high adoption of home-based practice and the growing tendency to watch television and e-learning, among many others. However, the increasing use of digital services has also increased staff retrenchment or reduced costs by companies. Later, sales of network components, such as silicon photonic devices, dropped dramatically. A data center and an efficient computer are expected to be one of the fastest growing applications for silicon photonic solutions. The 5G network is in the early stages of distribution, and COVID-19 has disrupted its progress and delayed the deployment of the 5G network, which will hamper the growth of the silicon photonics market.

Based on Product, the Silicon Photonics market is segmented into Transceivers

Switches, Optical Multiplexers, Variable Optical Attenuators, Optical Engines, Active Optical Cable and Sensors.

Transceivers are used in a variety of applications, such as high-performance computers, data center, and telecommunications. With the technological advancement in silicon photonics, it is possible to transfer data at speeds of up to 400 Gbps. Intel's 100G PSM4 QSFP28 optical transceiver is capable of transmitting data at 100 Gbps speeds.

Based on component, the Silicon Photonics market is segmented into Photo Detectors, Lasers and Modulators.

Hybrid silicon lasers (silicon and semiconductor group III-V) are used to overcome mass production problems on silicon lasers, and are one of the main reasons for the growing demand for lasers in the silicon photonics market. The hybrid method uses light-emitting properties of III-V semiconductor materials combined with a silicon maturation process to form electrically operated lasers in silicon wafer that can be integrated into other silicon photonic devices.

COMPETITIVE LANDSCAPE:

The key players in the Silicon Photonics market are Cisco Systems, Infinera, Finisar, GlobalFoundries, InPhi, IBM, Rockley Photonics, Intel, IPG Photonics, MACOM Technology, NeoPhotonics, II-VI, STMicroelectronics and other key players.

MARKET SEGMENTS:

BY PRODUCT

  • Transceivers

  • Switches

  • Optical Multiplexers

  • Variable Optical Attenuators

  • Optical Engines

  • Active Optical Cable

  • Sensors

BY COMPONENT

  • Photo Detectors

  • Lasers

  • Modulators

BY WAVEGUIDE

  • 400-1,500 NM

  • 1,310-1,550 NM

  • 900-7000 NM

BY APPLICATION

  • Military, Defense and Aerospace

  • IT and Telecommunication

  • Medical and Life Science

  • Data Centers and High-performance computing

  • Other Applications

Silicon Photonics Market Segment Pie Chart

REGIONAL ANALYSIS:

The silicon photonics market in APAC is expected to grow rapidly, owing to the increasing use of silicon photonics in telecommunications, as well as a highly efficient data centre and computer applications, among other things. APAC's silicon photonics market is also driven by the high number of internet users in China and India, as well as the increasing use of high-speed broadband networks and mobile devices, requiring advanced infrastructure that supports communication and high-speed communication. Therefore, APAC seems to offer a huge market for silicon photonics.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Silicon Photonics Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 1.5 Billion
Market Size by 2028 US$ 7.11 Billion
CAGR CAGR of 24.9% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product (Transceivers, Switches, Optical Multiplexers, Variable Optical Attenuators, Optical Engines, Active Optical Cable, Sensors)
• By Component (Photo Detectors, Lasers, Modulators)
• By Waveguide (400-1,500 NM, 1,310-1,550 NM, 900-7000 NM)
• By Application (Military, Defense And Aerospace, IT And Telecommunication, Medical And Life Science, Data Centers And High-Performance Computing, Other Applications)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Cisco Systems, Infinera, Finisar, GlobalFoundries, InPhi, IBM, Rockley Photonics, Intel, IPG Photonics, MACOM Technology, NeoPhotonics, II-VI, STMicroelectronics and other key players.
Key Drivers • Increasing requirement high bandwidth and data transfer.
• Growing emphasis on lowering power consumption with silicon photonic transceivers.
• Demand for high-speed broadband services is increasing.
Restraints • Complexity in On-chip laser integration.
• menace of thermal effect.


Frequently Asked Questions (FAQ) :

The market value will be expected to reach USD 7.11 billion by 2028.

Increasing requirement high bandwidth and data transfer, and Growing emphasis on lowering power consumption with silicon photonic transceivers.

The key players in the Silicon Photonics market are Cisco Systems, Infinera, Finisar, GlobalFoundries, InPhi, IBM, Rockley Photonics, Intel, IPG Photonics, MACOM Technology, NeoPhotonics, II-VI, STMicroelectronics and other key players.

Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. Silicon Photonics Segmentation, by product

8.1Introduction

8.2 Transceivers

8.3 Switches

8.4 Optical Multiplexers

8.5 Variable Optical Attenuators

8.6 Optical Engines

8.7 Active Optical Cable

8.8 Sensors

 

9. Silicon Photonics Segmentation, by component

9.1 Introduction

9.2 Photo Detectors

9.3 Lasers

9.4 Modulators

 

10. Silicon Photonics Segmentation, by waveguide

10.1 Introduction

10.2 400-1,500 NM

10.3 1,310-1,550 NM

10.4 900-7000 NM

 

11. Silicon Photonics Segmentation, by application

11.1 Introduction

11.2 Military, Defense and Aerospace

11.3 IT and Telecommunication

11.4 Medical and Life Science

11.5 Data Centers and High-performance computing

11.6 Other Applications

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

 

13.Company Profiles

13.1 Infinera

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Cisco Systems

13.3 Finisar

13.4 GlobalFoundries

13.5 InPhi

13.6 IBM

13.7 Rockley Photonics

13.8 Intel

13.9 IPG Photonics

13.10 MACOM Technology

13.11 NeoPhotonics

13.12 II-VI

13.13 STMicroelectronics

13.14 Others

 

14.Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15.Conclusion

 

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of the good and accurate research report and selecting the best methodology to complete the research is the toughest part. Since the research reports, we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brainstorming sessions to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploaded on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.