Silicon Photomultiplier Market by Offering (NUV, RGB), Type (Analog, Digital), Application (LiDAR and 3D Ranging, BioPhotonics & Medical Imaging, High energy Physics), End User, and Geography (2021-2026)
[173 Pages Report] The silicon photomultiplier market is expected to grow from USD 120 million in 2021 to USD 173 million by 2026, at a CAGR of 7.6%.
The market growth can be attributed to several factors, such as increasing demand for silicon photomultipliers in medical imaging and growing use of SiPMs in LiDAR and 3D mapping technology.
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COVID-19 Impact on the Global Silicon Photomultiplier Market
The silicon photomultiplier market includes major Tier II and Tier III suppliers such as ON Semiconductor (US), Broadcom (US), Hamamatsu Photonics (Japan), First Sensor (Germany), KETEK GmbH (Germany), AdvanSiD (Italy), Cremat (US), Excelitas Technologies (US), and so on. These suppliers have their manufacturing facilities spread across various countries across North America, Europe, APAC, and RoW. COVID-19 has impacted their businesses as well.
Market Dynamics of Silicon Photomultiplier
Driver: Growing use of SiPMs in LiDAR and 3D mapping technology
According to MarketsandMarkets analysis, the LiDAR for automotive market is estimated to be valued at USD 735.0 million in 2025, recording a CAGR of 28.3% during the forecast period. There is an increasing trend towards semi-autonomous vehicles in the developed western economies. Several automobile manufacturers such as Toyota, Volvo, Nissan, and Tesla are slowly shifting their product portfolio towards semi-autonomous vehicles to cater to the changing market demand. The LiDAR technology has been instrumental in initiating this shift. LiDAR technology is used in these semi-autonomous vehicles for applications such as parking, automatic braking, and automatic safety bag releases. Safety concerns due to the growing incidence of traffic accidents has led to increasing demand for this technology. This technology has shown tremendous impact in regions where it has been implemented in vehicles.
LiDAR technology is also becoming increasingly popular in the aerospace sector. Big aerospace contractors such as Lockheed Martin, and Raytheon Technologies have been pioneering the use of LiDAR in their aircrafts. According to MarketsandMarkets analysis, the LiDAR market for aerospace sector is expected to reach USD 481.1 million in 2022 at a CAGR of 4.51% during the forecast period. These companies are investing significantly in further development of LiDAR technology in automated missile guidance systems.
Silicon photomultipliers are used extensively in LiDAR and mapping technology as they have excellent low light sensitivity and can produce images with high depth of field. The 3D images thus produced are superior to 2D images produced by any other photosensitive devices. Hence, as the demand for LiDAR technology increases in these sectors, the demand for silicon photomultipliers will also rise significantly.
Restraint: Limited penetration of SiPM technology in several regions
Silicon photomultipliers are still in very nascent stage of market commercialization. RGB silicon photomultipliers were fully commercialized in 2012, while NUV silicon photomultipliers were fully commercialized in 2016. Although the silicon photomultiplier technology has improved significantly over the years, its applications in various sectors are still under research and development.
While SiPMs have grown at a substantial pace in North America, Europe, and APAC, they are still relatively unknown in developing economies of South-east Asia as well as Latin America, and the Middle East, where they have little to no market penetration. This situation will continue till more potential applications of silicon photomultipliers are explored, and manufacturers, distributors, and resellers create a sustainable supply chain to introduce this technology in various parts of the world. This may hamper the growth of the market in initial years.
Opportunity: Rising demand for SiPMs for radiation detection & monitoring purposes
MarketsandMarkets analysis reveals that the market for solid-state silicon radiation detectors is expected to grow from USD 201.8 million in 2020 to USD 289.9 million, at a CAGR of 6.5% during the forecast period. Many countries around the world are ramping up development of their radiation detection infrastructure along land borders and seaports due to the nuclear threat and illegal trade of nuclear materials. In 2020, NATO allied countries allocated a budget of ~USD 300 million to fortify their border forces with state-of-the art radiation detectors. In 2021, the US sanctioned a budget of USD 60.8 million to equip forces along its southern borders with radiation detectors.
Silicon photomultipliers are an important component of scintillation detectors. They are used in combination with scintillation crystals of different wavelength within the light spectrum to form ideal radiation detectors. The high radiation sensitivity characteristics of SiPMs combined with scintillation crystals are able to detect the faintest traces of radiation in a comparatively huge area. Scintillation detectors equipped with silicon photomultipliers are used to detect X-rays, gamma rays, and radiation caused by neutron decay. Hence, as the demand for radiation detectors increases, the demand for silicon photomultipliers will also rise significantly.
Challenge: Acute scarcity of silicon due to supply chain disruption during COVID-19 pandemic
Semiconductors are an essential component of electronic devices, found in everything from cars and factory machinery to dishwashers and mobile phones. The global chip shortage in 2020-2021 has adversely affected more than 169 industries. The snowball effect of the COVID-19 pandemic is the primary reason for the global chip crisis. Other causes include the China¡VUnited States trade war and the 2021 Taiwan manufacturing drought.
Due to lockdowns during the COVID-19 pandemic, chip production facilities were shut down in China, leading to the depletion of inventories. With more people studying and working from home during the pandemic, there has been a rising demand for computers, monitors, network peripherals, and home entertainment internet services. This has put a tremendous burden on the semiconductor supply chain and created a huge gulf between the demand and supply of semiconductor chips across the world.
In September 2020, as a consequence of the economic conflict between China and the United States, the US Department of Commerce imposed restrictions on China's largest chip manufacturer, Semiconductor Manufacturing International Corporation (SMIC). These restrictions forced companies with American ties to use other manufacturing facilities located in Taiwan and South Korea, such as Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Samsung. However, these companies were already producing semiconductor chips at maximum capacity, and the increased demand further strained the supply chain. With the demand for silicon photomultipliers only partially fulfilled as a result of the chip shortage, the growth of the market has been hampered.
Analog silicon photomultiplier segment to account for the largest share of silicon photomultiplier market in 2020
On the basis of type, the market is categorized into analog silicon photomultiplier and digital silicon photomultiplier. Analog silicon photomultipliers have large collection areas and a high peak detection efficiency, making them suitable for applications such as Cherenkov imaging, and Near Infra-Red Spectroscopy (NIRS). They are also used in other applications ranging from medical imaging to flow cytometry. Most photodetectors have higher signal to noise ratio (SNR) than is required for flow cytometry applications. This excess noise can restrict the sorting of cells during histogram processing..
The consumer electronics and telecommunication segment is expected to witness the highest growth rate of silicon photomultiplier market during the forecast period
On the basis of end user, the market is categorized into healthcare, automotive, consumer electronics and telecommunication, aerospace, oil & gas, and others. The consumer electronics and telecommunication sector has been growing rapidly over the last few years. During the COVID-19 pandemic, the demand for consumer electronics increased so much that it caused a shortage of silicon reserves. Silicon photomultipliers are used in various analytical instruments such as scintillation detectors and fluorescence detectors. ƒÞ Increasing demand for silicon photomultipliers in scintillation detectors for radiation detection & monitoring and the rising requirement for SiPMs for underwater optical communication are expected to propel the growth of the market in this segment.
North America is leading the market for silicon photomultiplier in 2020
North America held the largest share in the silicon photomultiplier market in 2020. North America presents a huge opportunity for silicon photomultipliers across industry verticals such as healthcare, automotive, consumer electronics and telecommunication, aerospace, oil & gas, and others.
Currently, the US holds the largest share of the silicon photomultiplier market in North America; this trend is expected to continue during the forecast period. According to the US Centers for Medicare & Medicaid Services and National Health Expenditure Accounts (US), healthcare expenditure in the country has grown steadily from 1990 to 2020 and is expected to maintain the same pace during the forecast period. The US recorded the highest healthcare expenditure -- 18.1% of the total gross domestic product (GDP) -- in 2020. The country¡¦s healthcare spending has doubled in the last three decades. This, in turn, is creating a conducive environment for market growth. Silicon photomultipliers are essential components of imaging devices such as PET scanners, X-ray machines, and MRI machines. The increasing healthcare expenditure is resulting in high demand for medical devices, and consequently, silicon photomultipliers.
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Key Market Players
Major players in the silicon photomultiplier market include ON Semiconductor (US); Broadcom (US); Hamamatsu Photonics (Japan); First Sensor (Germany); KETEK GmbH (Germany), and so on.
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Report Metric |
Details |
|
Market size available for years |
2017¡V2026 |
|
Base year considered |
2020 |
|
Forecast period |
2021¡V2026 |
|
Forecast units |
Value (USD Billion/Million) |
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Segments covered |
Offering, Type, End User, Application, and Region |
|
Geographies covered |
North America, Europe, APAC, and RoW |
|
Companies covered |
ON Semiconductor (US), Broadcom (US), Hamamatsu Photonics (Japan), First Sensor (Germany), KETEK GmbH (Germany), AdvanSiD (Italy), Cremat (US), Excelitas Technologies (US), and so on. |
In this research report, the silicon photomultiplier market has been segmented on the basis of offering, type, end-user industry, and geography.
Silicon Photomultiplier Market, by Offering
- Near Ultraviolet Silicon Photomultiplier
- Red, Green Blue Silicon Photomultiplier
Silicon Photomultiplier Market, by Type
- Analog Silicon Photomultiplier
- Digital Silicon Photomultiplier
Silicon Photomultiplier Market, by Application
- LiDAR And 3D Ranging
- Bio Photonics and Medical Imaging
- High Energy Physics
- Radiation Detection & Monitoring
- Flow Cytometry
Silicon Photomultiplier Market, by End User
- Healthcare
- Automotive
- Consumer Electronics and Telecommunications
- Aerospace
- Oil & Gas
- Others
Geographic Analysis
- North America
- Europe
- Asia Pacific
- RoW
Recent Developments
- In April 2021, Hamamatsu Photonics developed a new profile sensor with an embedded computing function. This sensor, called model S15366-256, is specifically designed to calculate signals from the incident light spot within its processing chip and output incident light position information. This profile sensor also has functions, including high-speed readout and automatic light spot tracking, that are likely to open up a wide range of applications in the field of factory automation.
- In April 2021, Broadcom and Google Cloud collaborated in order to accelerate innovation and strengthen cloud services integration within the core software franchises of Broadcom. Under this partnership, Broadcom will deliver its suite of security and enterprise operations software on Google Cloud, enabling businesses to deploy Broadcom solutions in security, DevOps and more on Google Cloud¡¦s trusted, global infrastructure.
- In September 2019, CERN and Hamamatsu Photonics signed a series of three contracts for the supply of silicon sensors for the ATLAS and CMS trackers and the CMS HGCAL. The ATLAS and CMS upgraded trackers required the production of about 45,000 6-inch sensor wafers, close to twice the number required for the existing trackers.
Frequently Asked Questions (FAQ):
What is the current size of the global silicon photomultiplier market?
The silicon photomultiplier market is expected to grow from USD 120 million in 2021 to USD 173 million by 2026, at a CAGR of 7.6%.
Who are the winners in the global silicon photomultiplier market?
Some of the key companies operating in the silicon photomultiplier market are ON Semiconductor (US), Broadcom (US), Hamamatsu Photonics (Japan), First Sensor (Germany), KETEK GmbH (Germany), AdvanSiD (Italy), Cremat (US), Excelitas Technologies (US), and so on. These players have adopted various growth strategies such as product launches, acquisitions, collaborations, agreements, and partnerships to expand their global presence and increase their share in the global silicon photomultiplier market.
What are the major drivers for the silicon photomultiplier market?
The factors such as increasing demand for silicon photomultipliers in medical imaging and growing use of SiPMs in LiDAR and 3D mapping technology have proved to be the major driving forces for silicon photomultiplier market.
Which major countries are considered in the European region?
The report includes an analysis of the UK, Germany, France, Italy, and rest of European countries.
What are the impact of COVID-19 on the global silicon photomultiplier market?
Due to COVID-19, the manufacturing units of major players are highly hampered due to worldwide lockdown and limited availability of labor and raw material. The massive surge in demand for silicon photomultipliers for medical imaging applications due to the COVID-19 pandemic is expected to propel market growth during the forecast period. Growing demand for silicon photomultipliers for radiation detection, as well as SiPM manufacturers forming strategic partnerships with the European Organization for Nuclear Research (CERN) for various research projects are also expected to boost the demand for SiPMs .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 24)
1.1 OBJECTIVES OF THE STUDY
1.2 DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 SILICON PHOTOMULTIPLIER MARKET SEGMENTATION
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 VOLUME UNIT CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 29)
2.1 RESEARCH DATA
FIGURE 2 SILICON PHOTOMULTIPLIER: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of secondary sources
2.1.2.2 Key secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key industry insights
2.1.3.3 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market size using bottom-up analysis
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP (SUPPLY SIDE)¡XILLUSTRATION OF REVENUE ESTIMATION OF COMPANIES FROM SALES OF SILICON PHOTOMULTIPLIERS
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing market size using top-down analysis
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE)¡XREVENUE GENERATED FROM SILICON PHOTOMULTIPLIER SALES
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENTS
TABLE 1 LIMITATIONS AND ASSOCIATED RISKS
2.6 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 40)
3.1 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
TABLE 2 SILICON PHOTOMULTIPLIER MARKET, 2017¡V2020 (USD MILLION)
TABLE 3 MARKET, 2021¡V2026 (USD MILLION)
FIGURE 8 EFFECT OF COVID-19 ON MARKET
3.2 POST-COVID-19 SCENARIO
TABLE 4 POST-COVID-19 SCENARIO: SILICON PHOTOMULTIPLIER MARKET, 2021¡V2026 (USD MILLION)
3.2.1 OPTIMISTIC SCENARIO (POST-COVID-19)
TABLE 5 OPTIMISTIC SCENARIO (POST-COVID-19): MARKET, 2021¡V2026 (USD MILLION)
3.2.2 PESSIMISTIC SCENARIO (POST-COVID-19)
TABLE 6 PESSIMISTIC SCENARIO (POST-COVID-19): MARKET, 2021¡V2026 (USD MILLION)
FIGURE 9 ANALOG SILICON PHOTOMULTIPLIER SEGMENT TO LEAD MARKET FROM 2021 TO 2026
FIGURE 10 NORTH AMERICA TO HOLD LARGEST SHARE OF MARKET IN 2021
4 PREMIUM INSIGHTS (Page No. - 46)
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN SILICON PHOTOMULTIPLIER MARKET
FIGURE 11 INCREASING DEMAND FOR SILICON PHOTOMULTIPLIERS FOR MEDICAL IMAGING AND LIDAR APPLICATIONS TO FUEL MARKET FROM 2021 TO 2026
4.2 MARKET, BY TYPE
FIGURE 12 ANALOG SILICON PHOTOMULTIPLIER SEGMENT TO ACCOUNT FOR LARGEST SIZE OF MARKET FROM 2021 TO 2026
4.3 MARKET, BY OFFERING AND REGION
FIGURE 13 RGB SILICON PHOTOMULTIPLIER SEGMENT TO HOLD LARGEST SIZE OF MARKET IN 2021
4.4 MARKET, BY COUNTRY
FIGURE 14 MARKET IN CHINA TO RECORD HIGHEST CAGR FROM 2021 TO 2026
5 MARKET OVERVIEW (Page No. - 48)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 15 SILICON PHOTOMULTIPLIER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increasing demand for silicon photomultipliers in medical imaging
5.2.1.2 Growing use of SiPMs in LiDAR and 3D mapping technology
5.2.2 RESTRAINTS
5.2.2.1 Limited penetration of SiPM technology in several regions
5.2.3 OPPORTUNITIES
5.2.3.1 Rising demand for SiPMs for radiation detection & monitoring purposes
5.2.3.2 Ability of SiPMs to replace existing technologies
5.2.4 CHALLENGES
5.2.4.1 Acute scarcity of silicon due to supply chain disruption during COVID-19 pandemic
5.3 VALUE CHAIN ANALYSIS
FIGURE 16 MARKET VALUE CHAIN IN 2020
5.4 PORTER¡¦S FIVE FORCES ANALYSIS
TABLE 7 SILICON PHOTOMULTIPLIER MARKET: PORTER¡¦S FIVE FORCES ANALYSIS
5.5 ECOSYSTEM ANALYSIS
TABLE 8 ECOSYSTEM: SILICON PHOTOMULTIPLIER MARKET
5.6 REVENUE SHIFT AND NEW REVENUE POCKETS FOR MARKET
FIGURE 17 SILICON PHOTOMULTIPLIER (YC-YCC SHIFT)
5.7 CASE STUDY ANALYSIS
5.7.1 USE CASE ¡V SIEMENS HEALTHINEERS AND FONDAZIONE BRUNO KESSLER RESEARCH INSTITUTE
5.7.2 USE CASE ¡V LOCKHEED MARTIN AND ON SEMICONDUCTOR
5.7.3 USE CASE ¡V TOYOTA AND SENSL (OMNIVISION)
5.8 TECHNOLOGY ANALYSIS
5.8.1 TIME OF FLIGHT (TOF) LIDAR
5.8.2 NUCLEAR MEDICINE IMAGING
5.9 PRICING ANALYSIS
FIGURE 18 ASP OF SILICON PHOTOMULTIPLIER MODULES, SILICON PHOTOMULTIPLIER MARKET, 2017¡V2026 (USD)
TABLE 9 ASP RANGE OF SILICON PHOTOMULTIPLIER MODULES IN MARKET, 2018-2027
5.10 TRADE ANALYSIS
TABLE 10 EXPORTS DATA, BY COUNTRY, 2016¡V2020
FIGURE 19 EXPORTS DATA FOR HS CODE 854140 FOR TOP COUNTRIES IN MARKET, 2016¡V2020 (MILLION UNITS)
TABLE 11 IMPORTS DATA, BY COUNTRY, 2016¡V2020
FIGURE 20 IMPORTS DATA FOR HS CODE 854140 FOR TOP COUNTRIES IN MARKET, 2016¡V2020 (MILLION UNITS)
5.11 PATENT ANALYSIS
FIGURE 21 PATENT ANALYSIS: SILICON PHOTOMULTIPLIER MARKET
TABLE 12 RELATED PATENTS
5.12 REGULATORY LANDSCAPE
5.12.1 RESTRICTION OF HAZARDOUS SUBSTANCES (ROHS) AND WASTE ELECTRICAL AND ELECTRONIC EQUIPMENT (WEEE)
5.12.2 REGISTRATION, EVALUATION, AUTHORIZATION, AND RESTRICTION OF CHEMICALS (REACH)
6 SILICON PHOTOMULTIPLIER MARKET, BY OFFERING (Page No. - 66)
6.1 INTRODUCTION
6.1.1 CHARACTERISTICS OF SILICON PHOTOMULTIPLIERS:
TABLE 13 SILICON PHOTOMULTIPLIER (SIPM) VS PHOTOMULTIPLIER TUBE (PMT)
FIGURE 22 MARKET, BY OFFERING
FIGURE 23 SCHEMATIC REPRESENTATIONS OF SIPM DETECTION CIRCUITS
FIGURE 24 RGB SILICON PHOTOMULTIPLIER SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 14 MARKET, BY OFFERING, 2017¡V2020 (USD MILLION)
TABLE 15 MARKET, BY OFFERING, 2021¡V2026 (USD MILLION)
6.2 NEAR ULTRAVIOLET SILICON PHOTOMULTIPLIER
6.2.1 USE CASE: TIME OF FLIGHT POSITRON EMISSION TOMOGRAPHY
6.2.2 TRENDS ¡V NUV SILICON PHOTOMULTIPLIER
6.3 RED, GREEN AND BLUE SILICON PHOTOMULTIPLIER
6.3.1 USE CASE: NEUTRON DETECTORS FOR HOMELAND SECURITY
6.3.2 TRENDS ¡V RGB SILICON PHOTOMULTIPLIER
TABLE 16 RGB SIPM VS NUV SIPM
7 SILICON PHOTOMULTIPLIER MARKET, BY TYPE (Page No. - 72)
7.1 INTRODUCTION
FIGURE 25 OPERATION DIAGRAM: - SILICON PHOTOMULTIPLIER
FIGURE 26 MARKET, BY OFFERING
FIGURE 27 ANALOG SILICON PHOTOMULTIPLIER SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 17 MARKET, BY TYPE, 2017¡V2020 (USD MILLION)
TABLE 18 MARKET, BY TYPE, 2021¡V2026 (USD MILLION)
7.2 ANALOG SILICON PHOTOMULTIPLIER
7.2.1 TRENDS ¡V ANALOG SIPM
FIGURE 28 ANALOG SILICON PHOTOMULTIPLIER DETECTOR
7.2.2 RECENT DEVELOPMENTS
TABLE 19 ANALOG SILICON PHOTOMULTIPLIER MARKET, BY APPLICATION, 2017¡V2020 (USD MILLION)
TABLE 20 MARKET, BY APPLICATION, 2021¡V2026 (USD MILLION)
TABLE 21 MARKET, BY END USER, 2017¡V2020 (USD MILLION)
TABLE 22 MARKET, BY END USER, 2021¡V2026 (USD MILLION)
7.3 DIGITAL SILICON PHOTOMULTIPLIER
7.3.1 TRENDS ¡V DIGITAL SIPM
FIGURE 29 DIGITAL SILICON PHOTOMULTIPLIER DETECTOR
TABLE 23 DIGITAL SILICON PHOTOMULTIPLIER MARKET, BY APPLICATION, 2017¡V2020 (USD MILLION)
TABLE 24 MARKET, BY APPLICATION, 2021¡V2026 (USD MILLION)
TABLE 25 MARKET, BY END USER, 2017¡V2020 (USD MILLION)
TABLE 26 MARKET, BY END USER, 2021¡V2026 (USD MILLION)
TABLE 27 ANALOG SIPM VS DIGITAL SIPM
8 SILICON PHOTOMULTIPLIER MARKET, BY APPLICATION (Page No. - 81)
8.1 INTRODUCTION
FIGURE 30 SILICON PHOTOMULTIPLIER MARKET, BY OFFERING
FIGURE 31 BIO PHOTONICS AND MEDICAL IMAGING SEGMENT TO HOLD LARGEST SHARE OF MARKET, BY APPLICATION
TABLE 28 MARKET, BY APPLICATION, 2017¡V2020 (USD MILLION)
TABLE 29 MARKET, BY APPLICATION, 2021¡V2026 (USD MILLION)
8.2 LIDAR AND 3D RANGING
8.2.1 TRENDS AND DEVELOPMENTS
TABLE 30 MARKET IN LIDAR AND 3D RANGING, BY TYPE, 2017¡V2020 (USD MILLION)
TABLE 31 MARKET IN LIDAR AND 3D RANGING, BY TYPE, 2021¡V2026 (USD MILLION)
TABLE 32 MARKET IN LIDAR AND 3D RANGING, BY REGION, 2017¡V2020 (USD MILLION)
TABLE 33 MARKET IN LIDAR AND 3D RANGING, BY REGION, 2021¡V2026 (USD MILLION)
TABLE 34 MARKET IN LIDAR AND 3D RANGING IN NORTH AMERICA, FOR US, 2017¡V2020 (USD MILLION)
TABLE 35 MARKET IN LIDAR AND 3D RANGING IN NORTH AMERICA, FOR US, 2021¡V2026 (USD MILLION)
TABLE 36 MARKET IN LIDAR AND 3D RANGING IN NORTH AMERICA, FOR CANADA, 2017¡V2020 (USD MILLION)
TABLE 37 MARKET IN LIDAR AND 3D RANGING IN NORTH AMERICA, FOR CANADA, 2021¡V2026 (USD MILLION)
TABLE 38 MARKET IN LIDAR AND 3D RANGING IN NORTH AMERICA, FOR MEXICO, 2017¡V2020 (USD MILLION)
TABLE 39 MARKET IN LIDAR AND 3D RANGING IN NORTH AMERICA, FOR MEXICO, 2021¡V2026 (USD MILLION)
TABLE 40 MARKET IN LIDAR AND 3D RANGING IN EUROPE, FOR UK, 2017¡V2020 (USD MILLION)
TABLE 41 MARKET IN LIDAR AND 3D RANGING IN EUROPE, FOR UK, 2021¡V2026 (USD MILLION)
TABLE 42 MARKET IN LIDAR AND 3D RANGING IN EUROPE, FOR GERMANY, 2017¡V2020 (USD MILLION)
TABLE 43 MARKET IN LIDAR AND 3D RANGING IN EUROPE, FOR GERMANY, 2021¡V2026 (USD MILLION)
TABLE 44 MARKET IN LIDAR AND 3D RANGING IN EUROPE, FOR FRANCE, 2017¡V2020 (USD MILLION)
TABLE 45 MARKET IN LIDAR AND 3D RANGING IN EUROPE, FOR FRANCE, 2021¡V2026 (USD MILLION)
TABLE 46 MARKET IN LIDAR AND 3D RANGING IN EUROPE, FOR ITALY, 2017¡V2020 (USD MILLION)
TABLE 47 MARKET IN LIDAR AND 3D RANGING IN EUROPE, FOR ITALY, 2021¡V2026 (USD MILLION)
TABLE 48 MARKET IN LIDAR AND 3D RANGING IN EUROPE, FOR ROE, 2017¡V2020 (USD MILLION)
TABLE 49 MARKET IN LIDAR AND 3D RANGING IN EUROPE, FOR ROE, 2021¡V2026 (USD MILLION)
TABLE 50 MARKET IN LIDAR AND 3D RANGING IN APAC, FOR CHINA, 2017¡V2020 (USD MILLION)
TABLE 51 MARKET IN LIDAR AND 3D RANGING IN APAC, FOR CHINA, 2021¡V2026 (USD MILLION)
TABLE 52 MARKET IN LIDAR AND 3D RANGING IN APAC, FOR JAPAN, 2017¡V2020 (USD MILLION)
TABLE 53 MARKET IN LIDAR AND 3D RANGING IN APAC, FOR JAPAN, 2021¡V2026 (USD MILLION)
TABLE 54 MARKET IN LIDAR AND 3D RANGING IN APAC, FOR SOUTH KOREA, 2017¡V2020 (USD MILLION)
TABLE 55 MARKET IN LIDAR AND 3D RANGING IN APAC, FOR SOUTH KOREA, 2021¡V2026 (USD MILLION)
TABLE 56 MARKET IN LIDAR AND 3D RANGING IN APAC, FOR ROAPAC, 2017¡V2020 (USD MILLION)
TABLE 57 SILICON PHOTOMULTIPLIER MARKET IN LIDAR AND 3D RANGING IN APAC, FOR ROAPAC, 2021¡V2026 (USD MILLION)
8.3 BIO PHOTONICS AND MEDICAL IMAGING
8.3.1 TRENDS AND DEVELOPMENTS
TABLE 58 MARKET IN BIO PHOTONICS AND MEDICAL IMAGING, BY TYPE, 2017¡V2020 (USD MILLION)
TABLE 59 MARKET IN BIO PHOTONICS AND MEDICAL IMAGING, BY TYPE, 2021¡V2026 (USD MILLION)
TABLE 60 MARKET IN BIO PHOTONICS AND MEDICAL IMAGING, BY REGION, 2017¡V2020 (USD MILLION)
TABLE 61 MARKET IN BIO PHOTONICS AND MEDICAL IMAGING, BY REGION, 2021¡V2026 (USD MILLION)
8.4 HIGH ENERGY PHYSICS
8.4.1 TRENDS AND DEVELOPMENTS
TABLE 62 MARKET IN HIGH ENERGY PHYSICS, BY TYPE, 2017¡V2020 (USD MILLION)
TABLE 63 MARKET IN HIGH ENERGY PHYSICS, BY TYPE, 2021¡V2026 (USD MILLION)
TABLE 64 MARKET IN HIGH ENERGY PHYSICS, BY REGION, 2017¡V2020 (USD MILLION)
TABLE 65 MARKET IN HIGH ENERGY PHYSICS, BY REGION, 2021¡V2026 (USD MILLION)
8.5 RADIATION DETECTION & MONITORING
8.5.1 TRENDS AND DEVELOPMENTS
TABLE 66 MARKET IN RADIATION DETECTION & MONITORING, BY TYPE, 2017¡V2020 (USD MILLION)
TABLE 67 MARKET IN RADIATION DETECTION & MONITORING, BY TYPE, 2021¡V2026 (USD MILLION)
TABLE 68 MARKET IN RADIATION DETECTION & MONITORING, BY REGION, 2017¡V2020 (USD MILLION)
TABLE 69 MARKET IN RADIATION DETECTION & MONITORING, BY REGION, 2021¡V2026 (USD MILLION)
8.6 FLOW CYTOMETRY
8.6.1 TRENDS AND DEVELOPMENTS
TABLE 70 SILICON PHOTOMULTIPLIER MARKET IN FLOW CYTOMETRY, BY TYPE, 2017¡V2020 (USD MILLION)
TABLE 71 MARKET IN FLOW CYTOMETRY, BY TYPE, 2021¡V2026 (USD MILLION)
TABLE 72 MARKET IN FLOW CYTOMETRY, BY REGION, 2017¡V2020 (USD MILLION)
TABLE 73 MARKET IN FLOW CYTOMETRY, BY REGION, 2021¡V2026 (USD MILLION)
9 SILICON PHOTOMULTIPLIER MARKET, BY END USER (Page No. - 99)
9.1 INTRODUCTION
FIGURE 32 SILICON PHOTOMULTIPLIER NARKET, BY END USER
FIGURE 33 HEALTHCARE SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 74 SILICON PHOTOMULTIPLIER MARKET, BY END USER, 2017¡V2020 (USD MILLION)
TABLE 75 MARKET, BY END USER, 2021¡V2026 (USD MILLION)
9.2 HEALTHCARE
9.2.1 RECENT DEVELOPMENTS:
TABLE 76 MARKET IN HEALTHCARE, BY TYPE, 2017¡V2020 (USD MILLION)
TABLE 77 MARKET IN HEALTHCARE, BY TYPE, 2021¡V2026 (USD MILLION)
9.3 AUTOMOTIVE
9.3.1 RECENT DEVELOPMENTS:
TABLE 78 MARKET IN AUTOMOTIVE, BY TYPE, 2017¡V2020 (USD MILLION)
TABLE 79 MARKET IN AUTOMOTIVE, BY TYPE, 2021¡V2026 (USD MILLION)
9.4 CONSUMER ELECTRONICS AND TELECOMMUNICATION
TABLE 80 MARKET IN CONSUMER ELECTRONICS AND TELECOMMUNICATION, BY TYPE, 2017¡V2020 (USD MILLION)
TABLE 81 MARKET IN CONSUMER ELECTRONICS AND TELECOMMUNICATION, BY TYPE, 2021¡V2026 (USD MILLION)
9.5 AEROSPACE
9.5.1 RECENT DEVELOPMENTS:
TABLE 82 MARKET IN AEROSPACE, BY TYPE, 2017¡V2020 (USD MILLION)
TABLE 83 MARKET IN AEROSPACE, BY TYPE, 2021¡V2026 (USD MILLION)
9.6 OIL & GAS
TABLE 84 MARKET IN OIL & GAS, BY TYPE, 2017¡V2020 (USD MILLION)
TABLE 85 MARKET IN OIL & GAS, BY TYPE, 2021¡V2026 (USD MILLION)
9.7 OTHERS
TABLE 86 MARKET IN OTHERS, BY TYPE, 2017¡V2020 (USD MILLION)
TABLE 87 MARKET IN OTHERS, BY TYPE, 2021¡V2026 (USD MILLION)
10 SILICON PHOTOMULTIPLIER MARKET, BY REGION (Page No. - 109)
10.1 INTRODUCTION
FIGURE 34 MARKET IN CHINA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 35 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN SILICON PHOTOMULTIPLIER MARKET DURING FORECAST PERIOD
TABLE 88 MARKET, BY REGION, 2017¡V2020 (USD MILLION)
TABLE 89 MARKET, BY REGION, 2021¡V2026 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 36 NORTH AMERICA: SNAPSHOT OF MARKET
TABLE 90 MARKET IN NORTH AMERICA, BY COUNTRY, 2017¡V2020 (USD MILLION)
TABLE 91 MARKET IN NORTH AMERICA, BY COUNTRY, 2021¡V2026 (USD MILLION)
10.2.1 US
10.2.2 CANADA
10.2.3 MEXICO
10.3 EUROPE
FIGURE 37 EUROPE: SNAPSHOT OF MARKET
TABLE 92 MARKET IN EUROPE, BY COUNTRY, 2017¡V2020 (USD MILLION)
TABLE 93 MARKET IN EUROPE, BY COUNTRY, 2021¡V2026 (USD MILLION)
10.3.1 GERMANY
10.3.2 UK
10.3.3 FRANCE
10.3.4 ITALY
10.3.5 REST OF EUROPE
10.4 ASIA PACIFIC
FIGURE 38 APAC: SNAPSHOT OF MARKET
TABLE 94 MARKET IN APAC, BY COUNTRY, 2017¡V2020 (USD MILLION)
TABLE 95 MARKET IN APAC, BY COUNTRY, 2021¡V2026 (USD MILLION)
10.4.1 CHINA
10.4.2 JAPAN
10.4.3 SOUTH KOREA
10.4.4 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD
FIGURE 39 ROW: SNAPSHOT OF MARKET
TABLE 96 MARKET IN ROW, BY REGION, 2017¡V2020 (USD MILLION)
TABLE 97 MARKET IN ROW, BY REGION, 2021¡V2026 (USD MILLION)
10.5.1 SOUTH AMERICA
10.5.2 MIDDLE EAST & AFRICA
11 COMPETITIVE LANDSCAPE (Page No. - 123)
11.1 KEY PLAYER STRATEGIES/RIGHT TO WIN
11.2 OVERVIEW
11.3 TOP 5 COMPANY REVENUE ANALYSIS
FIGURE 40 THREE-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN SILICON PHOTOMULTIPLIER MARKET
11.4 MARKET SHARE ANALYSIS (2020)
TABLE 98 SILICON PHOTOMULTIPLIER MARKET: MARKET SHARE ANALYSIS
11.5 COMPANY EVALUATION QUADRANT, 2020
11.5.1 STAR
11.5.2 PERVASIVE
11.5.3 EMERGING LEADER
11.5.4 PARTICIPANT
FIGURE 41 SILICON PHOTOMULTIPLIER MARKET (GLOBAL) COMPANY EVALUATION QUADRANT, 2020
11.6 OTHER ECOYSTEM PLAYERS EVALUATION QUADRANT, 2020
11.6.1 PROGRESSIVE COMPANY
11.6.2 RESPONSIVE COMPANY
11.6.3 DYNAMIC COMPANY
11.6.4 STARTING BLOCK
FIGURE 42 MARKET (GLOBAL), OTHER ECOSYSTEM PLAYERS EVALUATION QUADRANT, 2020
TABLE 99 SILICON PHOTOMULTIPLIER MARKET: COMPANY FOOTPRINT
TABLE 100 COMPANY END USER FOOTPRINT
TABLE 101 COMPANY APPLICATION FOOTPRINT
TABLE 102 COMPANY REGION FOOTPRINT
11.7 COMPETITIVE SCENARIO
TABLE 103 SILICON PHOTOMULTIPLIER MARKET: PRODUCT LAUNCHES AND DEVELOPMENTS, MARCH 2019 TO APRIL 2021
TABLE 104 SILICON PHOTOMULTIPLIER MARKET: DEALS, MARCH 2019-NOVEMBER 2021
12 COMPANY PROFILES (Page No. - 135)
12.1 KEY PLAYERS
Business overview, Products/ solutions/services offered, Recent developments, Product launches, Deals, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats
12.1.1 ON SEMICONDUCTOR (ONSEMI)
TABLE 105 ON SEMICONDUCTOR : BUSINESS OVERVIEW
FIGURE 43 ON SEMICONDUCTOR: COMPANY SNAPSHOT
12.1.2 BROADCOM
TABLE 106 BROADCOM: BUSINESS OVERVIEW
FIGURE 44 BROADCOM: COMPANY SNAPSHOT
12.1.3 HAMAMATSU PHOTONICS
TABLE 107 HAMATSU PHOTONICS : BUSINESS OVERVIEW
FIGURE 45 HAMAMATSU PHOTONICS: COMPANY SNAPSHOT
12.1.4 FIRST SENSOR (TE CONNECTIVITY)
TABLE 108 FIRST SENSOR (TE CONNECTIVITY) : BUSINESS OVERVIEW
FIGURE 46 FIRST SENSOR (TE CONNECTIVITY): COMPANY SNAPSHOT
12.1.5 KETEK GMBH
TABLE 109 KETEK GMBH : BUSINESS OVERVIEW
12.1.6 ADVANSID
TABLE 110 ADVANSID : BUSINESS OVERVIEW
12.1.7 CREMAT
TABLE 111 CREMAT : BUSINESS OVERVIEW
12.1.8 EXCELITAS TECHNOLOGIES
TABLE 112 EXCELITAS TECHNOLOGIES : BUSINESS OVERVIEW
12.2 OTHER ECOSYSTEM PLAYERS
12.2.1 JOHN CAUNT SCIENTIFIC LTD.
12.2.2 CAEN SPA
12.2.3 BERKELEY NUCLEONICS
12.2.4 HAYASA TECHNOLOGIES
12.2.5 SAINT GOBAIN CRYSTALS
12.2.6 PICOQUANT
12.2.7 ALBIS OPTOELECTRONICS
12.2.8 MENLO SYSTEMS
12.2.9 LASER COMPONENTS GMBH
12.2.10 LUMENTUM
12.2.11 PHOGRAIN TECHNOLOGY (SHENZHEN)
12.2.12 GPD OPTOELECTRONICS
12.2.13 D-TECH OPTOELECTRONICS
12.2.14 DYNASIL CORPORATION OF AMERICA
12.2.15 OSI OPTOELECTRONICS
12.2.16 KYOTO SEMICONDUCTOR
*Details on Business overview, Products/ solutions/services offered, Recent developments, Product launches, Deals, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats not be captured in case of unlisted companies.
13 APPENDIX (Page No. - 165)
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS¡¦ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
The study involved four major activities in estimating the size of the silicon photomultiplier market. Exhaustive secondary research was done to collect information on the market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market¡¦s size. After that, market breakdown and data triangulation were used to determine the market sizes of segments and sub-segments.
Secondary Research
The secondary sources referred to for this research study include organizations such as Multidisciplinary Digital Publishing Institute (MDPI), Institute of Electrical and Electronics Engineers (IEEE), Fraunhofer-Gesellschaft Research Institute, and so on; corporate filings (such as annual reports, investor presentations, and financial statements); and trade, and business. Secondary data has been collected and analyzed to arrive at the overall market size, which is further validated by primary research.
Primary Research
Extensive primary research has been conducted after acquiring an understanding of the silicon photomultiplier market scenario through secondary research. Several primary interviews have been conducted with market experts from both the demand- (healthcare, automotive, consumer electronics and telecommunications, aerospace, oil & gas, and others) and supply-side (silicon photomultiplier manufacturers, avalanche photodiode manufacturers, scintillation detector manufacturers (that use SiPMs as detector components), and integrators) players across four major regions, namely, North America, Europe, APAC, and Rest of the World (South America, Africa, Middle East). Approximately 75% and 25% of primary interviews have been conducted from the demand and supply side, respectively. Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in our report.
After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts¡¦ opinions, has led us to the findings as described in the remainder of this report.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the silicon photomultiplier market. These methods were also extensively used to estimate the sizes of various market sub-segments. The research methodology used to estimate the market sizes includes the following:
- The key players in the market were identified through extensive secondary research.
- The industry¡¦s supply chain and market size, in terms of value, were determined through primary and secondary research.
All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. Qualitative aspects such as market drivers, restraints, opportunities, and challenges have been taken into consideration while calculating and forecasting the market size.
Global Silicon photomultiplier market Size: Bottom-Up Approach
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall market size¡Xusing the market size estimation processes explained above¡Xthe market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives:
- To define and forecast the size of the silicon photomultiplier market, in terms of volume and value, based on offering, type, application, end user, and region
- To describe and forecast the size of the silicon photomultiplier market in four key regions - North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW) - along with their respective countries
- To provide detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the market
- To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market size
- To study the complete value chain of the silicon photomultiplier market
- To provide a detailed impact of COVID-19 on the silicon photomultiplier market
- To provide the impact of COVID-19 on the market segments and players operating in the silicon photomultiplier market
- To analyze opportunities in the market for stakeholders by identifying high-growth segments of the silicon photomultiplier market ecosystem
- To strategically profile the key players and comprehensively analyze their market position in terms of their ranking and core competencies2, and provide their detailed competitive landscape
- To analyze competitive developments, such as new product launches, acquisitions, collaborations, agreements, and partnerships, in the silicon photomultiplier market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the company¡¦s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Silicon Photomultiplier Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Silicon Photomultiplier Market