North America Silicon Photonics Market Size, Share & Industry Trends Analysis Report By Product (Transceivers, Variable Optical Attenuators, Switches, Cables, and Sensors), By Application, By Country and Growth Forecast, 2023 - 2030
The North America Silicon Photonics Market would witness market growth of 27.9% CAGR during the forecast period (2023-2030).
A growing field of photonics called silicon photonics provides a definite benefit over the electric conductors found in semiconductors utilized in high-speed transmission systems. With firms like Intel, IBM, and Kothura making strides with the technology, it is anticipated that this technology will increase transmission speeds up to 100 Gbps. Additionally, this technology transforms the semiconductor business by enabling high-speed data processing and transfer.
The last few decades have seen an increase in the importance of optical communications for terrestrial systems. Significant increases in data speeds over large distances have been observed in vast-haul fiber networks. As these systems stay at the channel capacity limits, new and more complex technologies have been developed to keep up with the growing demand for big data transfer. These technologies include silicon photonics. There are several opportunities for creating low-cost, high-yield, miniature, and low-power photonic integrated circuits (PICs) using photonic components implemented using well-established silicon fabrication techniques. In addition, the demand for data centers has grown recently due to the extensive use of cloud services.
Due to increasing data rates & bandwidth requirements, businesses are trying to shift to PICs. Future applications might benefit from PICs that use light and photons instead of electricity & electrons, as they could offer a larger bandwidth and higher efficiency. Additionally, PICs have been developing fresh strategies for cutting-edge technologies, like quantum computing. Future data and communications demand in North America are predicted to necessitate larger bandwidths and improved efficiency, promoting the growth of PICs in the region. Additionally anticipated is the geographical growth of the market throughout the forecast period due to the increasing demand for PICs.
The US market dominated the North America Silicon Photonics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,472.2 million by 2030. The Canada market is poised to grow at a CAGR of 30.8% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 29.7% during (2023 - 2030).
Based on Product, the market is segmented into Transceivers, Variable Optical Attenuators, Switches, Cables, and Sensors. Based on Application, the market is segmented into Data Centre & High-Performance Computing, Telecommunications, Military, Defense, & Aerospace, Medical & Life Sciences, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Intel Corporation, MACOM Technology Solutions Holdings, Inc., IBM Corporation, STMicroelectronics N.V., Fujitsu Limited, Broadcom, Inc., Coherent Corp., GLOBALFOUNDRIES Inc. and Marvell Technology Group Ltd.
Scope of the Study
Market Segments covered in the Report:
By Product
- Transceivers
- Variable Optical Attenuators
- Switches
- Cables
- Sensors
- Data Centre & High-Performance Computing
- Telecommunications
- Military, Defense, & Aerospace
- Medical & Life Sciences
- Others
- US
- Canada
- Mexico
- Rest of North America
- Cisco Systems, Inc.
- Intel Corporation
- MACOM Technology Solutions Holdings, Inc.
- IBM Corporation
- STMicroelectronics N.V.
- Fujitsu Limited
- Broadcom, Inc.
- Coherent Corp.
- GLOBALFOUNDRIES Inc.
- Marvell Technology Group Ltd.
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Silicon Photonics Market, by Product
- 1.4.2 North America Silicon Photonics Market, by Application
- 1.4.3 North America Silicon Photonics Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.2.4 Geographical Expansions:
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Aug – 2022, Dec) Leading Players
- Chapter 4. North America Silicon Photonics Market by Product
- 4.1 North America Transceivers Market by Country
- 4.2 North America Variable Optical Attenuators Market by Country
- 4.3 North America Switches Market by Country
- 4.4 North America Cables Market by Country
- 4.5 North America Sensors Market by Country
- Chapter 5. North America Silicon Photonics Market by Application
- 5.1 North America Data Centre & High-Performance Computing Market by Country
- 5.2 North America Telecommunications Market by Country
- 5.3 North America Military, Defense, & Aerospace Market by Country
- 5.4 North America Medical & Life Sciences Market by Country
- 5.5 North America Others Market by Country
- Chapter 6. North America Silicon Photonics Market by Country
- 6.1 US Silicon Photonics Market
- 6.1.1 US Silicon Photonics Market by Product
- 6.1.2 US Silicon Photonics Market by Application
- 6.2 Canada Silicon Photonics Market
- 6.2.1 Canada Silicon Photonics Market by Product
- 6.2.2 Canada Silicon Photonics Market by Application
- 6.3 Mexico Silicon Photonics Market
- 6.3.1 Mexico Silicon Photonics Market by Product
- 6.3.2 Mexico Silicon Photonics Market by Application
- 6.4 Rest of North America Silicon Photonics Market
- 6.4.1 Rest of North America Silicon Photonics Market by Product
- 6.4.2 Rest of North America Silicon Photonics Market by Application
- Chapter 7. Company Profiles
- 7.1 GLOBALFOUNDRIES Inc.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Partnerships, Collaborations, and Agreements:
- 7.1.5.2 Acquisition and Mergers:
- 7.2 Cisco Systems, Inc.
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Regional Analysis
- 7.2.4 Research & Development Expense
- 7.2.5 Recent strategies and developments:
- 7.2.5.1 Acquisition and Mergers:
- 7.2.5.2 Geographical Expansions:
- 7.2.6 SWOT Analysis
- 7.3 Intel Corporation
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 SWOT Analysis
- 7.4 IBM Corporation
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Regional & Segmental Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 SWOT Analysis
- 7.5 STMicroelectronics N.V.
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expense
- 7.5.5 Recent strategies and developments:
- 7.5.5.1 Partnerships, Collaborations, and Agreements:
- 7.5.5.2 Acquisition and Mergers:
- 7.5.6 SWOT Analysis
- 7.6 Fujitsu Limited
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 SWOT Analysis
- 7.7 Broadcom, Inc.
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expense
- 7.7.5 Recent strategies and developments:
- 7.7.5.1 Partnerships, Collaborations, and Agreements:
- 7.7.5.2 Product Launches and Product Expansions:
- 7.7.6 SWOT Analysis
- 7.8 Coherent Corp.
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expense
- 7.8.5 Recent strategies and developments:
- 7.8.5.1 Product Launches and Product Expansions:
- 7.9 Marvell Technology Group Ltd.
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Regional Analysis
- 7.9.4 Research & Development Expense
- 7.9.5 Recent strategies and developments:
- 7.9.5.1 Partnerships, Collaborations, and Agreements:
- 7.9.5.2 Product Launches and Product Expansions:
- 7.9.5.3 Acquisition and Mergers:
- 7.10. MACOM Technology Solutions Holdings, Inc.
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Regional Analysis
- 7.10.4 Research & Development Expenses
- 7.10.5 Recent strategies and developments:
- 7.10.5.1 Partnerships, Collaborations, and Agreements:
- 7.10.5.2 Acquisition and Mergers:
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook