Rapid technological advancements taking place in the market to enable growth in global Silicon Photonics market. The inflow of new entrants in the market is leading to development of innovative technology. Recently Fortune Business Insights published a report, titled Silicon Photonics. As stated in the report in 2017, the global Silicon Photonics market was worth US$ Silicon Photonics.
Top Players Mentioned:
- Intel Corporation
- IBM Corporation
- OneChip Photonics Inc.
- Cisco Systems Inc.
- Mellanox Technologies Inc.
- Luxtera Inc.
- Oracle Corporation
- Hamamatsu Photonics K.K.
- NeoPhotonics Corporation.
As per the report, North America held a significant share in the global Silicon Photonics market in 2017. The region is anticipated to expand during the forecast period 2018-2025. Owing to the high presence of developers in the region, the market is expected to witness an increase in the growth rate. Besides this, Asia Pacific is anticipated to witness impressive growth. The growth witnessed is attributable to rising digitalization in nations such as India and China.
Browse Complete Report https://www.fortunebusinessinsights.com/industry-reports/silicon-photonics-market-101438
Key Market Driver –
- The Increasing data centre traffic across the world and the need for lower power consumption across telecommunications and other applications.
- Increasing need for a higher transfer rate of data among many manufacturers to improve the processing and computational capabilities of data centres.
Key Market Restraint –
- High power consumption of laser devices that generate infrared beams and carry data through it.
Discovery of new oil wells is likely to fuel the demand in the global market. Moreover, clinical studies taking place to increase the productivity of existing wells is expected to drive the market.
On the flip side, high cost associated with machinery and lack of skilled professionals are certain factors that may hamper the growth in the global Silicon Photonics market.
Major Segments Includes:
- By Components
- By Product
- By End User
- By Geography
The report also classifies leading players of the market. Besides this, the report offers innovative strategies to succeed in the market. All the information gathered is from reliable primary and secondary source. The analysis conducted is based on industry leading tools and techniques. Some of the organizations operating in the global Silicon Photonics market are Silicon Photonics.
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Major Table of Content For Silicon Photonics Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Silicon Photonics Market Analysis, Insights and Forecast, 2014-2025
- North America Silicon Photonics Market Analysis, Insights and Forecast, 2014-2025
- Europe Silicon Photonics Market Analysis, Insights and Forecast, 2014-2025
- Asia Pacific Silicon Photonics Market Analysis, Insights and Forecast, 2014-2025
- Middle East and Africa Silicon Photonics Market Analysis, Insights and Forecast, 2014-2025
- Latin America Silicon Photonics Market Analysis, Insights and Forecast, 2014-2025
- Competitive Landscape
- Company Profile
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