The silicon is usually patterned with sub-micrometre precision, into microphotonic components.
According to MarketIntelReports' “Global Silicon Photonics Market, Analysis & Forecast, 2017-2022 (Focus on Transceivers, Optical Cables, RF Circuits, Multiplexers, and Attenuators in Data Communication, Telecommunication, Healthcare, Defence, and Consumer Electronics Applications)”:
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The Silicon Photonics Market deals with the photonic system that can process, manipulate, and transmit data at a faster rate between the microchips. In this process, Silicon is used as the main medium for transferring data.
The need for a higher data transfer rate makes manufacturers to adopt si photonics for enhancing computational and processing capabilities of the data centers. The market witnesses a good growth due to the reduction of costs and consumption of less power.
The manufacturers are choosing silicon materials for gaining a competitive edge. The recent trend seen in the market is that researchers are now focusing on the storage of optical information on the optical chips.
Scope & Regional Forecast of the Silicon Photonics Market
Emergence of commercial and consumer electronics applications will revolutionize the Silicon Photonics Market by 2025. The silicon application is seen in high performance computers and data centre applications.
It gives a cost effective solution to commercial applications. The demand for active optical cables, optical multiplexers, and optical attenuators provides greater scope for the growth of the photonic microchip.
The photonics technology has been a field of research due to the potential benefits of the optoelectronics integration. The key components in this system are raw material suppliers, component manufacturers, OEMs(Original Equipment Manufacturers), end user segments, and server system distributors.
The Silicon element is used in Telecom, Datacom, consumer applications, data centres, commercial video, and aerospace.
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Computer performance needs for data centres, growing internet traffic, and other intensive data are the factors responsible for the usage of photonic microchip. Features like low environmental footprint, low heating of components, high optical functions integration bolster the value of the industry.
But challenges like technical mismatches with high volume markets and availability of VCSEL(vertical cavity surface emitting laser) may inhibit the growth of Intel si photonics.
North America and Europe lead the Silicon Photonics Market. Asia Pacific will see rapid technological upgrades which will be beneficial for the market in the future.
The use of Silicon to develop integrated circuits and compatibility of the Silicon Photonics technology with the present fabrication techniques will encourage institutes and players in the electronic manufacturing industry to make use of this technology.
Segmentations & Key Players Involved in the Silicon Photonics Market
The Silicon Photonics Market can be broken down into various segments as follows:
- Application- Data Communication, Telecommunication, Healthcare, Defense, and Consumer Electronics.
- Region- North America, Europe, Asia Pacific, Rest of the world.
- Product – Transceivers, Optical Cables, Radio Frequency Circuit (RF), Multiplexers, Attenuators, and Others.
Some of the key players involved in the Silicon Photonics Market are as follows:
- Intel Corporation
- IBM Corporation
- Juniper Networks
- Cisco Systems
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