Silicon Photonics Market

Market Leadership - Silicon Photonics Market

Silicon photonics is a technology that uses semiconductor-grade silicon as a platform for the integration of photonic circuits with electronic components on a single microchip. This technology reduces the power consumption of the system and expands the bandwidth for transmission by using silicon as an optical medium for data transmission. Instead of electrical signals, the technology uses optical rays to transfer the data because optical rays can transmit large volumes of data with higher speed than electrical signals.

The silicon photonics market is consolidated, with North America being the leading region in this market. Data center and high-performance computing is the fastest-growing application globally, and it will grow primarily due to the rising adoption of silicon photonics in the data center market. The global silicon photonics market is projected to grow from USD 1.0 billion in 2020 to USD 3.0 billion by 2025, at a CAGR of 23.4%.

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CISCO (US), Intel (US), and MACOM (US) are the leading players in the silicon photonics market.

CISCO (US)

Founded in 1984 and headquartered in California, US, CISCO is a global provider of networking products and solutions. The company is publicly listed on the NASDAQ Stock Exchange as CSCO. Its core business is designing, manufacturing, and selling Internet Protocol (IP)-based network products and services related to communication technologies and IT industries. CISCO operates through Infrastructure Platforms, Service, Applications, Security, and Other Products business segments. Its silicon photonic products are sold under the Infrastructure Platforms business segment. CISCO has earned a leadership position in the silicon photonics market with the acquisition of Acacia and Luxtera.

Intel (US)

Intel was incorporated in 1968. The company is in the business of designing and developing technologies powering the cloud and the rapidly growing smart and connected world. The company has 9 manufacturing sites, of which 6 are wafer fabrication plants, and 3 are assembly/test facilities that are located across the US, Ireland, Israel, China, Malaysia, and Vietnam. The company sells its silicon photonic products through its Data Center Group business segment. It primarily serves original equipment manufacturers, original design manufacturers, industrial and communication equipment manufacturers, and cloud service providers.

MACOM (US)

Founded in 1950 and headquartered in Lowell, Massachusetts, MACOM is in the business of manufacturing and supplying RF and microwave products. MACOM operates through 3 business segments—Industrial & Defense, Telecom, and Data Center. Through its Data Center business segment, the company sells its silicon photonic products. MACOM has adopted both organic and inorganic strategies to increase its share in the silicon photonics market.

Other companies involved in the silicon photonics market are GlobalFoundries (US), NeoPhotonics (US), InPhi (US), Mellanox (US), II-VI Incorporated (US), and Rockley Photonics (US).

Related Reports:

Silicon Photonics Market with COVID-19 Impact, by Product (Transceivers, Switches, Variable Optical Attenuators, Cables, Sensors), Application (Data Center, Telecommunication, Military & Defense, Life Sciences, Sensing), Component, and Geography - Global Forecast to 2025

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Report Code
SE 3137
RI Published ON
6/5/2020
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