Global Silicon Photonic Device Market Growth 2023-2029

Global Silicon Photonic Device Market Growth 2023-2029

The global Silicon Photonic Device market size is projected to grow from US$ 1608.5 million in 2022 to US$ 7278 million in 2029; it is expected to grow at a CAGR of 24.1% from 2023 to 2029.

Improvement in data center cloud computing performance, increase in data traffic, decrease in bandwidth, and continuous specification across the silicon photonics device end-use industry are the key factors driving the increase in silicon photonics device market revenue.

Silicon Photonic device mainly includes optical active and passive devices made of silicon semiconductor materials, including silicon-based lasers (responsible for converting electrical signals into optical signals), silicon-based photodetectors (responsible for converting optical signals into electrical signals), silicon Basic optical modulator (responsible for increasing the bandwidth of optical signals), planar waveguide (responsible for optical signal transmission on silicon-based materials), grating coupler (responsible for aligning with externally connected optical fibers to reduce insertion loss), etc.

LPI (LP Information)' newest research report, the “Silicon Photonic Device Industry Forecast” looks at past sales and reviews total world Silicon Photonic Device sales in 2022, providing a comprehensive analysis by region and market sector of projected Silicon Photonic Device sales for 2023 through 2029. With Silicon Photonic Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Silicon Photonic Device industry.

This Insight Report provides a comprehensive analysis of the global Silicon Photonic Device 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 Photonic Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Silicon Photonic Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Silicon Photonic Device 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 Photonic Device.

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

Market Segmentation:

Segmentation by type
Active
Passive

Segmentation by application
Telecommunications
Medical
Defense
Consumer Electronics
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 analyzing the company's coverage, product portfolio, its market penetration.
Cisco Systems
Intel
IBM
STMicroelectronics
Broadcom
Acacia
Finisar
Infinera
Luxtera
Hamamatsu
Juniper
Rockley Photonics
Reflex Photonics
Huawei
Wuhan Research Institute of Posts and Telecommunications
Hisense Broadband Multimedia Technologies
Shandong Yunhai Guochuang

Key Questions Addressed in this Report

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

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

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

How do Silicon Photonic Device market opportunities vary by end market size?

How does Silicon Photonic Device break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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