Silicon Photonics Sensor Market Size, Trends, SWOT, PEST, Porter’s 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 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)
- 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)
- North
America
- Europe
- Asia
Pacific
- Middle
East & Africa
- Latin
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.
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Global Silicon Photonics Sensor Market - Table of contents:
·
Chapter 1: The latest report offers an
all-inclusive industry overview and introduces readers to the fundamental
aspects of the market.
·
Chapter 2: In this section, the report
includes information on the key product offerings, leading manufacturers and
suppliers, industry sales and revenues, trends and opportunities, and a host of
market growth drivers and risks.
·
Chapter 3: Under this section, the authors
have segmented of the Silicon Photonics Sensor market on the basis of geography.
They have further assessed the sales, revenue growth, and market size of each
regional market over the forecast years.
·
Chapter 4: The report underlines the
competitive environment of the Silicon Photonics Sensor market and used advanced
analytical tools such as SWOT analysis to determine the current market
positions of the key competitors. In addition, this section lists down the
prudent business growth strategies undertaken by these market players, such as
partnerships & collaborations, mergers & acquisitions, joint ventures,
new product launches, and government contracts and deals.
·
Chapters 5: The final chapter of the report
segments the global Silicon Photonics Sensor market on the basis of product
type, application range, technology, end-use, and region.
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