The North America Silicon Photonics Market would witness market growth of 27.9% CAGR during the forecast period (2023-2030).
A growing field of photonics called silicon photonics provides a definite benefit over the electric conductors found in semiconductors utilized in high-speed transmission systems. With firms like Intel, IBM, and Kothura making strides with the technology, it is anticipated that this technology will increase transmission speeds up to 100 Gbps. Additionally, this technology transforms the semiconductor business by enabling high-speed data processing and transfer.
The last few decades have seen an increase in the importance of optical communications for terrestrial systems. Significant increases in data speeds over large distances have been observed in vast-haul fiber networks. As these systems stay at the channel capacity limits, new and more complex technologies have been developed to keep up with the growing demand for big data transfer. These technologies include silicon photonics. There are several opportunities for creating low-cost, high-yield, miniature, and low-power photonic integrated circuits (PICs) using photonic components implemented using well-established silicon fabrication techniques. In addition, the demand for data centers has grown recently due to the extensive use of cloud services.
Due to increasing data rates & bandwidth requirements, businesses are trying to shift to PICs. Future applications might benefit from PICs that use light and photons instead of electricity & electrons, as they could offer a larger bandwidth and higher efficiency. Additionally, PICs have been developing fresh strategies for cutting-edge technologies, like quantum computing. Future data and communications demand in North America are predicted to necessitate larger bandwidths and improved efficiency, promoting the growth of PICs in the region. Additionally anticipated is the geographical growth of the market throughout the forecast period due to the increasing demand for PICs.
The US market dominated the North America Silicon Photonics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,472.2 million by 2030. The Canada market is poised to grow at a CAGR of 30.8% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 29.7% during (2023 - 2030).
Based on Product, the market is segmented into Transceivers, Variable Optical Attenuators, Switches, Cables, and Sensors. Based on Application, the market is segmented into Data Centre & High-Performance Computing, Telecommunications, Military, Defense, & Aerospace, Medical & Life Sciences, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Silicon Photonics Market is Projected to reach USD 7.5 Billion by 2030, at a CAGR of 28.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Intel Corporation, MACOM Technology Solutions Holdings, Inc., IBM Corporation, STMicroelectronics N.V., Fujitsu Limited, Broadcom, Inc., Coherent Corp., GLOBALFOUNDRIES Inc. and Marvell Technology Group Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Transceivers
- Variable Optical Attenuators
- Switches
- Cables
- Sensors
By Application
- Data Centre & High-Performance Computing
- Telecommunications
- Military, Defense, & Aerospace
- Medical & Life Sciences
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- Intel Corporation
- MACOM Technology Solutions Holdings, Inc.
- IBM Corporation
- STMicroelectronics N.V.
- Fujitsu Limited
- Broadcom, Inc.
- Coherent Corp.
- GLOBALFOUNDRIES Inc.
- Marvell Technology Group Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Silicon Photonics Market, by Product
1.4.2 North America Silicon Photonics Market, by Application
1.4.3 North America Silicon Photonics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions:
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Aug – 2022, Dec) Leading Players
Chapter 4. North America Silicon Photonics Market by Product
4.1 North America Transceivers Market by Country
4.2 North America Variable Optical Attenuators Market by Country
4.3 North America Switches Market by Country
4.4 North America Cables Market by Country
4.5 North America Sensors Market by Country
Chapter 5. North America Silicon Photonics Market by Application
5.1 North America Data Centre & High-Performance Computing Market by Country
5.2 North America Telecommunications Market by Country
5.3 North America Military, Defense, & Aerospace Market by Country
5.4 North America Medical & Life Sciences Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Silicon Photonics Market by Country
6.1 US Silicon Photonics Market
6.1.1 US Silicon Photonics Market by Product
6.1.2 US Silicon Photonics Market by Application
6.2 Canada Silicon Photonics Market
6.2.1 Canada Silicon Photonics Market by Product
6.2.2 Canada Silicon Photonics Market by Application
6.3 Mexico Silicon Photonics Market
6.3.1 Mexico Silicon Photonics Market by Product
6.3.2 Mexico Silicon Photonics Market by Application
6.4 Rest of North America Silicon Photonics Market
6.4.1 Rest of North America Silicon Photonics Market by Product
6.4.2 Rest of North America Silicon Photonics Market by Application
Chapter 7. Company Profiles
7.1 GLOBALFOUNDRIES Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.2 Cisco Systems, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisition and Mergers:
7.2.5.2 Geographical Expansions:
7.2.6 SWOT Analysis
7.3 Intel Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 IBM Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional & Segmental Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 STMicroelectronics N.V.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Acquisition and Mergers:
7.5.6 SWOT Analysis
7.6 Fujitsu Limited
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 SWOT Analysis
7.7 Broadcom, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.7.6 SWOT Analysis
7.8 Coherent Corp.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Product Launches and Product Expansions:
7.9 Marvell Technology Group Ltd.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreements:
7.9.5.2 Product Launches and Product Expansions:
7.9.5.3 Acquisition and Mergers:
7.10. MACOM Technology Solutions Holdings, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Partnerships, Collaborations, and Agreements:
7.10.5.2 Acquisition and Mergers:
TABLE 1 North America Silicon Photonics Market, 2019 - 2022, USD Million
TABLE 2 North America Silicon Photonics Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Silicon Photonics Market
TABLE 4 Product Launches And Product Expansions– Silicon Photonics Market
TABLE 5 Acquisition and Mergers– Silicon Photonics Market
TABLE 6 Geographical Expansions:
TABLE 7 North America Silicon Photonics Market by Product, 2019 - 2022, USD Million
TABLE 8 North America Silicon Photonics Market by Product, 2023 - 2030, USD Million
TABLE 9 North America Transceivers Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Transceivers Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Variable Optical Attenuators Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Variable Optical Attenuators Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Switches Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Switches Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Cables Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Cables Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Sensors Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Sensors Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Silicon Photonics Market by Application, 2019 - 2022, USD Million
TABLE 20 North America Silicon Photonics Market by Application, 2023 - 2030, USD Million
TABLE 21 North America Data Centre & High-Performance Computing Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Data Centre & High-Performance Computing Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Telecommunications Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Telecommunications Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Military, Defense, & Aerospace Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Military, Defense, & Aerospace Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Medical & Life Sciences Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Medical & Life Sciences Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Silicon Photonics Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Silicon Photonics Market by Country, 2023 - 2030, USD Million
TABLE 33 US Silicon Photonics Market, 2019 - 2022, USD Million
TABLE 34 US Silicon Photonics Market, 2023 - 2030, USD Million
TABLE 35 US Silicon Photonics Market by Product, 2019 - 2022, USD Million
TABLE 36 US Silicon Photonics Market by Product, 2023 - 2030, USD Million
TABLE 37 US Silicon Photonics Market by Application, 2019 - 2022, USD Million
TABLE 38 US Silicon Photonics Market by Application, 2023 - 2030, USD Million
TABLE 39 Canada Silicon Photonics Market, 2019 - 2022, USD Million
TABLE 40 Canada Silicon Photonics Market, 2023 - 2030, USD Million
TABLE 41 Canada Silicon Photonics Market by Product, 2019 - 2022, USD Million
TABLE 42 Canada Silicon Photonics Market by Product, 2023 - 2030, USD Million
TABLE 43 Canada Silicon Photonics Market by Application, 2019 - 2022, USD Million
TABLE 44 Canada Silicon Photonics Market by Application, 2023 - 2030, USD Million
TABLE 45 Mexico Silicon Photonics Market, 2019 - 2022, USD Million
TABLE 46 Mexico Silicon Photonics Market, 2023 - 2030, USD Million
TABLE 47 Mexico Silicon Photonics Market by Product, 2019 - 2022, USD Million
TABLE 48 Mexico Silicon Photonics Market by Product, 2023 - 2030, USD Million
TABLE 49 Mexico Silicon Photonics Market by Application, 2019 - 2022, USD Million
TABLE 50 Mexico Silicon Photonics Market by Application, 2023 - 2030, USD Million
TABLE 51 Rest of North America Silicon Photonics Market, 2019 - 2022, USD Million
TABLE 52 Rest of North America Silicon Photonics Market, 2023 - 2030, USD Million
TABLE 53 Rest of North America Silicon Photonics Market by Product, 2019 - 2022, USD Million
TABLE 54 Rest of North America Silicon Photonics Market by Product, 2023 - 2030, USD Million
TABLE 55 Rest of North America Silicon Photonics Market by Application, 2019 - 2022, USD Million
TABLE 56 Rest of North America Silicon Photonics Market by Application, 2023 - 2030, USD Million
TABLE 57 Key Information – GLOBALFOUNDRIES Inc.
TABLE 58 Key Information – Cisco Systems, Inc.
TABLE 59 Key Information – Intel Corporation
TABLE 60 Key information – IBM Corporation
TABLE 61 Key Information – STMicroelectronics N.V.
TABLE 62 Key Information – Fujitsu Limited
TABLE 63 Key Information – Broadcom, Inc.
TABLE 64 Key Information – Coherent Corp.
TABLE 65 key information – Marvell Technology Group Ltd.
TABLE 66 Key information – MACOM Technology Solutions Holdings, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Aug – 2022, Dec) Leading Players
FIG 5 North America Silicon Photonics Market share by Product, 2022
FIG 6 North America Silicon Photonics Market share by Product, 2030
FIG 7 North America Silicon Photonics Market by Product, 2019 - 2030, USD Million
FIG 8 North America Silicon Photonics Market share by Application, 2022
FIG 9 North America Silicon Photonics Market share by Application, 2030
FIG 10 North America Silicon Photonics Market by Application, 2019 - 2030, USD Million
FIG 11 North America Silicon Photonics Market share by Country, 2022
FIG 12 North America Silicon Photonics Market share by Country, 2030
FIG 13 North America Silicon Photonics Market by Country, 2019 - 2030, USD Million
FIG 14 Recent strategies and developments: GLOBALFOUNDRIES Inc.
FIG 15 Recent strategies and developments: Cisco Systems, Inc.
FIG 16 SWOT Analysis: Cisco Systems, Inc.
FIG 17 SWOT analysis: Intel corporation
FIG 18 Swot analysis: IBM Corporation
FIG 19 Recent strategies and developments: STMicroelectronics N.V.
FIG 20 Swot analysis: stmicroelectronics n.v.
FIG 21 SWOT Analysis: Fujitsu Limited
FIG 22 SWOT Analysis: Broadcom, Inc.
FIG 23 Recent strategies and developments: Marvell Technology Group Ltd.