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iCrowdNewswire Jan 26, 2021 9:29 PM ET

Silicon Photonics Market Size, Top Leaders, Business Growth, Company Profile and Regional Forecast to 2024

Silicon Photonics Market Size, Top Leaders, Business Growth, Company Profile and Regional Forecast to 2024

iCrowd Newswire - Jan 26, 2021

Market Research Future published a research report on “Silicon Photonics Market Research Report – Global Forecast to 2024” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2024.

Market Overview: 

The Global Silicon Photonics Market is expected to reach USD 2,518.59 Million by 2024 at a CAGR of 22.93% during the forecast period. Market Research Future (MRFR), in its report, envelops segmentations and drivers to provide a better glimpse of the market in the coming years.

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Silicon photonics uses various components in conjunction to increase the processing speed and power of computers. The data is transferred using light pulses (laser) and is multiplex at the transmitter end using a multiplexer. The data traverses through a fiber optic channel and is demultiplexed at the receiver end. A photodetector then converts the light pulses into data. Silicon photonics has observed major applications in optical communication, optical routers, and signal processors, long-range telecommunications, and light-field displays. Silicon photonics is thus widely used in data centers and 5G communications. However, it has started developing its usage in commercial security, consumer electronics, and military sectors.

Key Players

The Key Players of the Global Silicon Photonics Market are Infinera Corporation (US), Cisco Systems Inc. (US), Intel Corporation (US), IBM Corporation (US), Mellanox Technologies Ltd (Israel), Hamamatsu Photonics K.K (Japan), STMicroelectronics NV (Switzerland), Finisar Corporation (US), FLIR Systems (US), IPG Photonics Corporation (US), NKT Photonics (Denmark), SICOYA (Germany), AIO Core Co. Ltd (Japan), and DAS Photonics (Spain).

Silicon Photonics Market – Segmentation

Global Silicon Photonics Market – Regional Analysis

The Global Silicon Photonics Market, by region, has been segmented into Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. North America is expected to dominate the global silicon photonics market during the forecast period due to the developments in the remote surgeries, and remote consultation in medical and healthcare industries.

Key questions addressed by the report

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About Us:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Contact Information:

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312

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