Silicon Photonics market Value Size, Share & Industry Growth Analysis

Chicago, Aug. 31, 2023 (GLOBE NEWSWIRE) — The Silicon Photonics market by Product (Transceivers, Switches, Sensors), Application (Data Centers & High-Performance Computing, Telecommunications), Waveguide, Component and Geography – Global Forecast to 2028“, Factors such as the risk of thermal effect and complexity in the integration of on-chip laser function are restraints for the market’s growth. 

Download PDF Brochure:

Scope of the Report

Report Metric Details
Estimated Value USD 1.3 billion
Expected Value  USD 5.0 billion by 2028
Growth Rate CAGR of 28.5%
Market size available for years 2019–2028
Base year considered 2022
Forecast period 2023–2028
Forecast units USD Million/Billion
Segments covered Product, component, waveguide, application, and Region.

Key Market Players in Silicon Photonics Market

  • Cisco Systems, Inc. (US),
  • Intel Corporation (US),
  • MACOM Technology Solutions (US),
  • Global Foundries Inc. (US),
  • Lumentum Operations LLC (US),
  • Marvell Technology, Inc. (US),

“Browse in-depth TOC on “Silicon Photonics Market Trends, Growth Drivers“­­­­­­­­

121 – Tables
61 – Figures

198 – Pages

Market Dynamics

Driver: Rising demand for CMOS-integrated silicon photonics technology in data centers

There has been a rising demand for CMOS-integrated silicon photonics technology in data centers due to its ability to address the challenges of high-speed data transmission (>100 Gbps) and energy efficiency. Silicon photonics technology combines the power of optical communications with the cost-effectiveness and scalability of CMOS technology, making it an attractive solution for data center operators.

Get 10% Customization on this Report:

Restraint: Risk of thermal effect

Thermal effects are a concern in the Silicon Photonics market, especially as devices become smaller and more complex. The thermal effect arises due to the absorption of light by silicon, which can increase the temperature in the device. This increase in temperature can lead to a decrease in device performance or even device failure. One potential area of concern is the integration of electronic and photonic components on the same chip. The heat generated by the electronic components can impact the performance of the photonic components and vice versa. Additionally, high-powered laser sources can generate significant amounts of heat, which can cause thermal damage to the device.

Opportunity: Emerging applications of silicon photonics

Datacom and telecom are the major applications of silicon photonics; recently, much effort has been made by research institutes and players operating in this field to explore opportunities in other application areas, such as medical and life sciences, and automotive LiDAR. Automotive LiDAR is used in self-driving cars. MIT Photonics Microsystem Group and DARPA are working to integrate mechanical LiDAR systems on a microchip that can be mass-produced in CMOS foundries.

Challenges: Inefficient electroluminescence of bulk crystalline silicon

An optical network (fiber-optic or on-chip) requires light sources, and a photonic-integrated circuit (PIC) is incomplete without these sources. Bulk crystalline silicon has inefficient electroluminescence, so light sources have been critical for silicon photonics. Due to this, the creation of practical silicon light sources has been a primary focus in terms of R&D. Silicon lasers and amplifiers are useful in silicon photonics; however, intense optical pumping is required for on-chip devices. Thus, optical pumping is likely to be off-chip. Significant Si-based sources are being developed and will be available in the market in the next five years to manage on-chip optical pumping.

Related Reports:

Silicon on Insulator Market by Wafer Size (200 mm and less than 200 mm, 300 mm), Wafer Type (RF-SOI, FD-SOI, Power-SOI, Emerging-SOI), Technology (Smart Cut), Product (MEMS Devices, RF FEM Products), Application and Region – Global Forecast to 2027

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]

Primary Logo

Originally published at