Research Reports
Silicon Photonics Sensor Market Size, Opportunities, Trends, Products, Revenue Analysis, For 2020–2026
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…
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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.
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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)
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- 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)
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- North America
- US
- Europe
- Germany
- France
- UK
- Asia Pacific
- China
- Japan
- India
- Middle East & Africa
- Latin America
- Brazil
- North America
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Further key findings from the report suggest
- 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.
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The post Silicon Photonics Sensor Market Size, Opportunities, Trends, Products, Revenue Analysis, For 2020–2026 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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