The global Silicon Photonics Market is expected to reach USD 4.62 Billion by 2027, according to a new report by Emergen Research. The rapid growth in the usage of smartphones and internet services has led to the increased use of silicon photonics transceivers for telecommunications applications and is anticipated to fuel demand in the market for silicon photonics. The government's influence on the population to shift towards e-banking and internet-based money banking is also expected to drive the silicon photonics market.
The study aims to provide a forecast of the growth of the Silicon Photonics market by examining the market size, share, demand, trends, and gross revenue of the industry. The study relies heavily on both qualitative and quantitative to generate, interpret and analyze raw data about the target market, product or services offered and prominent market players operating in the Silicon Photonics market for the forecast period, 2020 - 2027.
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Key companies operating in the Silicon Photonics market include:
IBM Corporation, Cisco Systems, Inc., AIO Core Co. Ltd, Intel Corporation, Infinera Corporation, Mellanox Technologies Ltd, IPG Photonics Corporation, NKT Photonics, STMicroelectronics NV, Hamamatsu Photonics K.K.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Silicon Photonics market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Silicon Photonics Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Based on the product type, the Silicon Photonics market is segmented into:
Product Outlook (Revenue, USD Billion; 2017-2027)
- Sensors
- Switches
- Transceivers
- Optical Attenuators
- Optical Cable
Component Outlook (Revenue, USD Billion; 2017-2027)
- Photodetector
- Modulator
- Laser
- Waveguides
- Filter
End-Use Outlook (Revenue, USD Billion; 2017-2027)
- Consumer Electronics
- Healthcare
- Telecommunication IT
- Defense
- Others
Silicon Photonics Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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