The siliconphotonics market is expected to grow from USD 1.1 billion in 2021 to USD 4.6
billion by 2027; it is expected to grow at a CAGR of26.8% during the forecast
period. The silicon photonics market has been witnessing significant growth
over the past years, mainly owing to the increase in demand for high speed data
transfer and increasing use of silicon photonic transceivers in data centers
and high speed computing applications.
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Key Players
The report profiles key players in the silicon photonicsmarket and analyzes their market shares. Players profiled in this report are
Cisco Systems (US), Intel (US), MACOM Technology (US), GlobalFoundries (US),
NeoPhotonics (US), InPhi (US), II-VI (US), IBM (US), STMicroelectronics (Switzerland),
Rockley Photonics (US), Mellanox Technologies (Israel), Sicoya (Germany),
Lumentum Operations (US), RANOVUS (Canada), Broadcom (US), Hamamatsu Photonics
(Japan), Molex (US), Fujitsu (Japan), Chiral Photonics (US), EFFECT Photonics
(Netherlands), AIO Core (Japan), NKTPhotonics (Denmark), IPG Photonics (US),
DAS Photonics (Spain) and TDK Corporations ( Japan)
Datacenter and high-performance computing application tohave highest CAGR in silicon photonics market for variable optical attenuators
market during the forecast period.
The variable optical attenuators segment is expected towitness constant growth in the coming years due to the rising adoption of
broadband internet in developing countries, testing and deployment of 5G in the
telecommunications industry, and escalating demand for high-speed internet
connectivity in commercial and industrial applications. For instance, several
US-based telecommunication companies such as AT&T and T-Mobile already
rolled out 5G networks in 2019, which provide faster data transfer and
communication across multiple cities and towns of the US.
Modulators to grow at significant CAGR in siliconphotonics component market during the forecast period.
An optical modulator is a device that can modulate or alterthe fundamental characteristics of a light beam that propagates in free space
or in an optical waveguide. Modulators change/modify properties such as optical
power or phase of light beams. An optical modulator can alter different beam
parameters; optical modulators can be categorized into amplitude, phase, and
polarization modulators. These are mainly used to manipulate the property of
light of an optical beam, e.g., a laser beam. Silicon optical modulators are
divided into absorptive and refractive modulators. Owing to the increasing
demand for high-speed optical networks, the market for silicon modulators is
likely to witness a high growth rate during 2021–2027.
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