The silicon photonics transceiver comes in a compact package and provides high-speed optical communication system performance. Also, in applications such as telecommunication, high-performance computing, and data centers, its low-power consumption capacity has increased its adoption. Moreover, Scintil Photonics raised USD 4.4 million in funding in September 2019 to develop its new GBPS photonics transceiver circuit. This is likely to help the business to increase its market opportunity among the commercial semiconductor foundries and target the data center industry's strategic clients.
MARKET SCOPE
The "Global Silicon Photonics Transceiver Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the silicon photonics transceiver market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading silicon photonics transceiver market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global silicon photonics transceiver market is segmented into laser, photodetector, modulator, and others.
- on the basis of application, the market is segmented into IT and telecom, military and defense, medical, and others
MARKET DYNAMICS
Drivers:
- The growth of the silicon photonics transceiver market is driven by their high integration density, allowing high-speed data transmission and low power consumption capabilities. These transceivers can also be upgraded to handle greater bandwidth capacity, allowing optical modules to take network data center speeds of up to 100 Gbps, 400 Gbps, and beyond.
Restraints:
- High cost may hinder the growth of the silicon photonics transceiver market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The silicon photonics transceiver market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the silicon photonics transceiver market in these regions.
IMPACT OF COVID-19 ON SILICON PHOTONICS TRANSCEIVER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the silicon photonics transceiver market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from silicon photonics transceiver market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the silicon photonics transceiver market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Acacia Communications, Inc.
- Cisco Systems, Inc.
- II-VI Incorporated
- GlobalFoundries
- Hamamatsu Photonics K.K.
- IBM
- Intel Corporation
- Juniper Networks, Inc.
- NVIDIA Corporation
- STMicroelectronics