Application Insights
Based on applications, the market can be fragmented into IT & telecommunication, consumer
electronics, commercial, defense and security and healthcare & life science. The IT &
telecommunication segment would dominate the application field in terms of size in 2015.
Increase in number of smartphones and its penetration is expected to lead to high growth of Global
telecommunication sector over the forecasted period. Technological advancements in silicon
photonics will maximize performance and propel the IT & telecommunication industry. Commercial
application segment will dominate in terms of CAGR in next seven years.
Regional Insights
Asia Pacific region is predicted to gr ow at a highest CAGR from 2016 to 2025. A strong demand and
growth in consumer electronics manufacturers, transportation network as led to adoption of Silicon
photonics technology.
In 2015, North American market dominated industry in terms of revenue. The key features of silicon
photonics product such as low power consumption, small size and high efficiency are important
reasons for adoption of this technology. The firms are investing in R&D for continuous development
of advance photonic products that will lower the cost of high-speed internet access and will boost
efficiency of Communication networks.
Competitive Insights
Cisco Systems Inc., Mellanox Technologies, Molex Corporation, Intel Corporation, and Finisar
Corporation are major players in Silicon photonics market. These firms are striving hard for market
share through innovative product launches and upgraded transmission capabilities.
Avago technologies, Infinera, OneChip photonics, Luxtera are some identified players in global silicon
photonic market.
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