Global Silicon Photomultiplier Market Growth 2025-2031

The global Silicon Photomultiplier market size is predicted to grow from US$ 148 million in 2025 to US$ 217 million in 2031; it is expected to grow at a CAGR of 6.5% from 2025 to 2031.

Global key players of Silicon Photomultiplier include ON Semiconductor (SensL), Hamamatsu Photonics, etc. Global top 3 companies hold a share over 80%. China is the largest market, with a share about 35%, followed by Europe and North America with the share about 25% and 20%. In terms of product, array type is the largest segment, with a share over 50%. And in terms of application, the largest application is Medical Imaging, with a share about 30%.

LP Information, Inc. (LPI) ' newest research report, the “Silicon Photomultiplier Industry Forecast” looks at past sales and reviews total world Silicon Photomultiplier sales in 2024, providing a comprehensive analysis by region and market sector of projected Silicon Photomultiplier sales for 2025 through 2031. With Silicon Photomultiplier sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Silicon Photomultiplier industry.

This Insight Report provides a comprehensive analysis of the global Silicon Photomultiplier landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Silicon Photomultiplier portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Silicon Photomultiplier market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Silicon Photomultiplier and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Silicon Photomultiplier.

This report presents a comprehensive overview, market shares, and growth opportunities of Silicon Photomultiplier market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Monocoque Type
Array Type

Segmentation by Application:
Medical Imaging
Bioscience
3D Ranging and Imaging
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ON Semiconductor (SensL)
Hamamatsu Photonics
Broadcom
TE Connectivity (Fisrt Sensor)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Silicon Photomultiplier market?

What factors are driving Silicon Photomultiplier market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Silicon Photomultiplier market opportunities vary by end market size?

How does Silicon Photomultiplier break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.