Silicon Photonics Market Share, Size, Growth and Dynamics | Forecast To 2025

Silicon Photonics Market size was valued at USD 123 million and is predicted to grow due to increasing uses of photonic technology. Silicon photonics has applications in telecommunication and data infrastructure as they have huge impact on energy efficiencies of communication Network. The need of silicon photonics in application areas such as consumer electronics, IT and increasing demand for optical multiplexers, optical attenuators and optical cables will drive the market in forecasted period.

Silicon photonics technology uses silicon as platform for photonic circuits to create highly integrated optical communication systems. The key elements of value chain include raw material suppliers, components manufacturers, Original equipment manufacturers, distributors and end users.

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The market subdivision on the types of products includes Optical waveguides, lasers, optical modulators, WDM and photodetectors. In 2015, the Active optical Cables (AOC) was largest segment in terms of size. The use of AOC enables user to transfer data at a high rate over a long distance through photonics technology.

AOC are cost effective as compared to traditional optical modules and provide smooth installation for high-performance computing. In terms of CAGR the optical multiplexer segment can be fastest growing segment from 2016 to 2025.

Application Insights

Based on applications, the market can be fragmented into IT & telecommunication, consumer electronics, commercial, defense and security and healthcare & life science. The IT & telecommunication segment would dominate the application field in terms of size in 2015.

Increase in number of smartphones and its penetration is expected to lead to high growth of Global telecommunication sector over the forecasted period. Technological advancements in silicon photonics will maximize performance and propel the IT & telecommunication industry. Commercial application segment will dominate in terms of CAGR in next seven years.

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Market Segment:

Silicon Photonics Component Outlook (Revenue, USD Million, 2014 - 2025)

        • Optical Waveguides

        • Optical Modulators

        • Photodetectors

        • Wavelength-Division Multiplexing (WDM) Filters

        • Laser

Silicon Photonics Product Outlook (Revenue, USD Million, 2014 - 2025)

        • Transceivers

        • Active Optical Cables

        • Optical Multiplexers

        • Optical Attenuators

        • Others

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