1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Silicon Photonics Market Forecast & Business Opportunities 2017-2024: Global Market Insights Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Countries across Europe and North America are the principal markets for silicon photonics market as there is a high level of advanced technology implementation in these countries. For instance, in December 2017, the USD 10 million EU PASSION project was initiated by 12 partners to develop photonic technologies supporting the development of the future metropolitan communications network. Asia Pacific is expected to witness the highest growth over the forecast time span owing to the increase in the number of data centers. Emerging economies in Asia Pacific including China, India, and Japan are concentrating on adopting advanced technologies in electronics for the miniaturization of circuits and the reduction of energy consumption.  Increasing adoption in data centers is a major factor anticipated to drive the silicon photonics market. High integration capabilities coupled with a high density of interconnects are escalating their demand in data centers. These components enable the chips to use light pulses instead of electrical signals to transfer data, enhancing the processing speeds and cloud computing performance. There is a substantial increase in the number of SMEs across the world facilitated by government support initiatives such as Made in China 2025 and Make in India, fueling the demand for sophisticated data storage requirements. Various organizations in emerging economies are investing in enhancing the data centers, which is aiding the silicon photonics market to gain traction during the forecast timeframe. Regional Analysis of Silicon Photonics Market :

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Silicon Photonics Market:  The segmentation of the silicon photonics market by component comprises photodetectors, modulators, and lasers. The market for laser components is projected to grow at a high rate owing to their applications in data centers and telecommunications. The use of lasers in silicon photonics ensures high optical power, wide operating temperature range, and spectral purity. Increasing focus of companies, such as Intel on hybrid silicon lasers, on the development of such technologies is anticipated to boost the laser silicon photonics market.  By application segmentation, silicon photonics market includes telecommunications, defense, medical & life sciences, military, data center & high-performance computing, and sensing. The data center & high-performance computing segment is projected to dominate the industry owing to the increase in data traffic and technological advancements in data centers. There is a growth in the implementation of optics using silicon photonics. The increasing investments in the improvement of data transmission technologies and the high funding for the development of advanced defense technologies are driving the demand in the defense and government sector.

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Key players in the silicon photonics market include Juniper, Hamamatsu, STMicroelectronics, Intel, Cisco, Acacia, Broadcom, Finisar Corporation, IBM Corporation, Mellanox Technologies, Texas Instruments, Teraxion, Oracle Corporation, and 3S Photonics. The compatibility of the technology with the prevailing fabrication techniques is making major players in the region to adopt silicon photonics technology.  Increasing competition among major players to offer technologically-advanced solutions is driving the silicon photonics market. In December 2017, Globalfoundries announced a strategic partnership with Ayar Labs to develop silicon technology solutions. Competitive Market Share of Silicon Photonics Market:

5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Silicon Photonics Market @ https://bit.ly/2IFPPLH https://bit.ly/2IFPPLH Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2444

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