The Silicon Photonics Sensor Market is expected to grow from USD 9.26 billion in 2018 to USD 28.35 billion by 2026, at a CAGR of 13.55% during the forecast period. Increase in need for higher data transfer rate, high-throughput and high sensitivity to improvise the processing and computational capabilities of data centers, reduced costs and less power consumption of silicon photonics based transceivers and need for high-speed data transmission systems are some of the driving factors of the market.
Thermal effects faced by the silicon photonics sensor based devices and difficulties in fabricating smaller devices due to high reflective index of the silicon photonics may restrain the growth of the Silicon Photonics Sensor market.
Key players with in Silicon Photonics Sensor market are Finisar, Hewlett-Packard, IBM Corp, Oracle Corporation, Phoenix Software, Luxtera, Mellanox Technologies, Das Photonics, Infinera, and 3s Photonics, among others.
For the purpose of this report, the market has been segmented on the basis of product type, applications, end users and regional analysis.
Silicon Photonics Sensor Market by product type (Revenue, USD Million; 2018-2026)
Silicon Photonics Waveguides
Silicon Optical Modulators
Silicon LED
Silicon Photo detectors
Others
Silicon Photonics Sensor Market by applications (Revenue, USD Million; 2018-2026)
Aerospace & Defense
Telecommunication and Data Transfer
Consumer Electronics & Display
High Performance Computing
Manufacturing
Healthcare
Power
Others
Silicon Photonics Sensor Market Regional Outlook (Revenue, USD Million; 2018-2026)
The Silicon Photonics Sensor market is segmented by product type into silicon photonics waveguides, silicon optical modulators, silicon LED, silicon photo detectors and others. The market for silicon photonics waveguides is expected to witness highest growth of approx. CAGR of 15.22% during the forecast period, due high internet connectivity, high bandwidth, low power consumption, reducing costs and the increasing usage of waveguides in the data transfer applications.
The Silicon Photonics Sensor market is segmented by application into aerospace, defense, transportation, manufacturing, healthcare, power, telecommunications & data transfer, consumer electronics & display, high performance computing and others. The market for aerospace is expected to witness highest growth of CAGR 16.50% during the forecast period, since installation of these sensors will ease the aircraft protection systems measure and reduces time for aircraft maintenance. For instance, temperature monitoring of aircraft bleed air ducts, control valves, and in critical areas of the plane, as well as for overheat detection systems.
The Silicon Photonics Sensor Market is segmented by Geography into North, America, Europe, Asia Pacific, Latin America and Middle East & Africa. APAC is expected to witness the highest growth in its CAGR 15.16% during the forecast period, due to high internet connectivity, and the dominance of the key manufacturing companies in this region, especially China.
Key insights presented in the report:
Market revenue shares by major business players, by type, application, and market scope of global Silicon Photonics Sensor market
Sales revenue by key players and new entrants
Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight into recent trends and opportunities.
Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.
Security Inspection Market Size, Trends & Analysis, By Type, By Application, By Region, Forecasts To 2027
About Reports and Data
Reports and Data 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 client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
The Silicon Photonics Sensor Market is expected to grow from USD 9.26 billion in 2018 to USD 28.35 billion by 2026, at a CAGR of 13.55% during the forecast period. Increase in need for higher data transfer rate, high-throughput and high sensitivity to improvise the processing and computational capabilities of data centers, reduced costs and less power consumption of silicon photonics based transceivers and need for high-speed data transmission systems are some of the driving factors of the market.
Thermal effects faced by the silicon photonics sensor based devices and difficulties in fabricating smaller devices due to high reflective index of the silicon photonics may restrain the growth of the Silicon Photonics Sensor market.
Key players with in Silicon Photonics Sensor market are Finisar, Hewlett-Packard, IBM Corp, Oracle Corporation, Phoenix Software, Luxtera, Mellanox Technologies, Das Photonics, Infinera, and 3s Photonics, among others.
For the purpose of this report, the market has been segmented on the basis of product type, applications, end users and regional analysis.
Silicon Photonics Sensor Market by product type (Revenue, USD Million; 2018-2026)
Silicon Photonics Waveguides
Silicon Optical Modulators
Silicon LED
Silicon Photo detectors
Others
Silicon Photonics Sensor Market by applications (Revenue, USD Million; 2018-2026)
Aerospace & Defense
Telecommunication and Data Transfer
Consumer Electronics & Display
High Performance Computing
Manufacturing
Healthcare
Power
Others
Silicon Photonics Sensor Market Regional Outlook (Revenue, USD Million; 2018-2026)
The Silicon Photonics Sensor market is segmented by product type into silicon photonics waveguides, silicon optical modulators, silicon LED, silicon photo detectors and others. The market for silicon photonics waveguides is expected to witness highest growth of approx. CAGR of 15.22% during the forecast period, due high internet connectivity, high bandwidth, low power consumption, reducing costs and the increasing usage of waveguides in the data transfer applications.
The Silicon Photonics Sensor market is segmented by application into aerospace, defense, transportation, manufacturing, healthcare, power, telecommunications & data transfer, consumer electronics & display, high performance computing and others. The market for aerospace is expected to witness highest growth of CAGR 16.50% during the forecast period, since installation of these sensors will ease the aircraft protection systems measure and reduces time for aircraft maintenance. For instance, temperature monitoring of aircraft bleed air ducts, control valves, and in critical areas of the plane, as well as for overheat detection systems.
The Silicon Photonics Sensor Market is segmented by Geography into North, America, Europe, Asia Pacific, Latin America and Middle East & Africa. APAC is expected to witness the highest growth in its CAGR 15.16% during the forecast period, due to high internet connectivity, and the dominance of the key manufacturing companies in this region, especially China.
Key insights presented in the report:
Market revenue shares by major business players, by type, application, and market scope of global Silicon Photonics Sensor market
Sales revenue by key players and new entrants
Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight into recent trends and opportunities.
Thank you for reading our report. To know more about the customization feature, please get in touch with us and our team will ensure the report is customized to meet your requirements.
Security Inspection Market Size, Trends & Analysis, By Type, By Application, By Region, Forecasts To 2027
About Reports and Data
Reports and Data 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 client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.