TMCnet News
Global Silicon Photonics Market Segmented By Type, Application & Geography - Analysis & Forecast 2018-2023, With the Market Expected to be Valued at $1 Billion by 2021 - ResearchAndMarkets.comThe "Silicon Photonics Market: By Type; By Application & By Geography - Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering. When silicon is used as the communication medium in photonic circuits, it is referred to as silicon photonics. The rising demand for decreased form factor, increased efficiency and speed of data transfer is a factor driving the growth of the silicon photonics market. Silicon photonics is revolutionizing the optics market. The ability to provide faster data communication is key to the growth of this market. It also has the added benefit of addressing issues such a noise, energy consumption while offering high bandwidth. Given the factors augmenting the growth of this market, it is expected to witness a healthy double digit growth rate over the forecast period considered in this report. This market is expected to be valued at approximately $1 billion by 2021. The Silicon Photonics market can be segmented on the basis of components Waveguides, Modulators, Interconnects, LEDs, Photo dtectors, Switches, Wavelength division multiplexing filters, Lasers and Others. Telecommunications presently accounts for the largest share amongst all the other applications of silicon photonics. Consumer electronic devices particularly required technologies that facilitate faster data transfer and processing and this is expected to drive the growth of the market in this application areas. North America is currently the leader in the silicon photonics market in terms of the market share. This is expected to remain the same till the end of the forecast period. However, asia pacific is poised to grow at the highest rate owing to the presence of the large semiconductor and electronics manufacturers in the region. Companies Mentioned:
Key Topics Covered: 1. Silicon Photonics - Market Overview 2. Executive Summary 3. Silicon Photonics - Market Landscape 4. Silicon Photonics - Market Forces 5. Silicon Photonics Market - Strategic Analysis 6. Silicon Photonics Market - By Components: 7. Silicon Photonics Market - By Application: 8. Silicon Photonics Market - By Geography: 9. Market Entropy 10. Company Profiles 11. Appendix For more information about this report visit https://www.researchandmarkets.com/research/cvcc82/global_silicon?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180613005496/en/ |
