Silicon photonics (SiPh) is a platform of material through which photonic integrated circuits(PICs) can be formulate. The silicon on insulator (SOI) wafers is used by silicon photonics so most of the standard CMOS manufacturing processes and the semiconductor substrate material can be applied. Silicon is used in photonics because it is transparent to illumination with wavelengths of about 1.1 micrometres. Also, silicon has a huge refractive index, of around 3.5. It is used in authorizing high-bandwidth, software-configurable approach to compute and storage. As the rapid rise in the use of internet services and smartphones the use of silicon photonics transceivers for telecommunications applications is also rising which is anticipated to raise the silicon photonics demand over forecast period.
Silicon Photonics Market Overview
Based on the latest report published by Emergen Research, the global silicon photonics market is expected to reach USD 4.62 Billion by 2027, and register a CAGR of 22.7 % over assessment period, 2020-2027. By using semiconductor fabrication techniques, the silicon photonic devices can be formulated. Also, due to the silicon is already utilized as the substrate for several integrated circuits, the hybrid devices also be created in which electronic and optical components are combined onto an individual microchip. Rising government initiatives towards internet-based money banking and e-banking and growing number of people are shifting towards these sectors is anticipated to boost the global market demand. Also, with the huge acceptance of cloud services, the rate of data traffic is rising which led to rise in the demand of data centers. The growing demand for speedy data is predicted to propel the silicon photonics market share. In addition, increasing demand for the products related to silicon photonics in several sectors including IT, electronics, telecommunications and others are fueling the industry.
However, silicon photonics have several uses, there are many obstacles which likely to hamper the market growth. The key factors restraining the market growth are high cost associated products, difficult procedure of integrating on-chip laser.
Top Leading Companies in the Silicon Photonics Market: Top 10 By Revenue
- IBM Corporation
- Cisco Systems Inc.
- AIO Core Co. Ltd
- Intel Corporation
- Infinera Corporation
- Mellanox Technologies Ltd
- IPG Photonics Corporation
- NKT Photonics
- STMicroelectronics NV
- Hamamatsu Photonics K.K
Top 10 Leading Companies in the Silicon Photonics Market by Revenue
IBM Corporation – Revenue [US$57.35 Billion]
IBM is known as International Business Machines Corporation it is an American multinational technology corporation based in Armonk, New York, and operational in more than 171 countries. The company is known for manufacturing and selling computer software & hardware, data analytics and cloud computing. Also, the company performed major research and development services across the years with considerable inventions such as hard disk drive, floppy disk and UPC barcode.
Address: 1 New Orchard Road, Armonk, New York 10504-1722, United States
Company website: https://www.ibm.com/
Cisco Systems Inc. – Revenue [US$51.56 Billion]
Cisco Systems, Inc., generally known as Cisco, it is an American multinational corporation headquartered in San Jose, California. It is a top leading networking company recognized as a manufacturer and vendor of networking appliances. The company helps ventures to connect and observe devices, compute and manage data, and secure and automate operations. The company announced merger with Acacia Communications in the year 2021.
Address: 170 W Tasman Dr San Jose, CA, 95134-1706 United States
Company website: https://www.cisco.com/
AIO Core Co. Ltd – Revenue [<US$5 Million]
AIO Core Co. Ltd is a Japanese company headquartered in Tokyo. The company offers leading solutions to co-packaged optics and near packaged optics where power consumption, operating temperature and footprint size are the major issues solved by the company. Its latest funding round is seed and the products include optical I/O core. Further, the investor of the company includes TechAccel Ventures.
Address: 47-12-301, Sekiguchi 1-chome, Bunkyo-ku, Tokyo, 112-0014 Japan
Company website: https://www.aiocore.com/
Intel Corporation- Revenue [US$79.02 Billion]
Intel Corporation is an American multinational technology company headquartered in Santa Clara, California. It is the top leading semiconductor chip manufacturer company by revenue, and is one of the leading developers of the series x86 of instruction sets, the instruction sets mostly found in personal computers. The company has made 101 acquisitions and 199 investments and spent across $ 49.55B for the acquisitions. It has invested in several sectors including AI Infrastructure, Analog and Mixed Signal ICs, Enterprise Networking and others.
Address: 2200 Mission College Blvd, Santa Clara, CA 95054, USA
Company website: https://www.intel.com/
Infinera Corporation
Infinera Corporation is an American company based in San Jose, California. It provides the innovative networking solutions across the globe which enable governments, enterprises, cloud operators to balance network bandwidth, automate network operations, and accelerate service innovation. The solutions include systems for network infrastructure, high-end subcomponent technology, professional services and automation software.
Address: Infinera Corporation, 6373 San Ignacio Avenue, San Jose, CA 95119
Company website: https://www.infinera.com/
Mellanox Technologies Ltd – Revenue [US$133.06 Billion]
Mellanox Technologies Ltd. was an Israeli-American multinational corporation and the supplier of the computer networking products on the basis of Ethernet technology and InfiniBand. In 2020 the company is acquired by NVIDIA for a transaction value of US$7 billion. The company provides the products including switches, adapters, software, cables and silicon for industries such as data centers, cloud computing, high-performance computing, financial services and computer data storage.
Address: 2788 San Tomas Expressway, Santa Clara, CA 95051
Company website: https://www.nvidia.com/
IPG Photonics Corporation – Revenue [US$1.46 Billion]
IPG Photonics is an American company of fiber lasers headquartered in Oxford, Massachusetts. The company developed and commercialized optical fiber lasers, that are used in several applications such as medical applications, materials processing, and telecommunications. The company has acquired 10 companies, including 4 are in the recent 5 years and 2 acquisitions came from private firms.
Address: 50 Old Webster Road, Oxford, MA 01540, USA
Company website: https://www.ibm.com/
NKT Photonics – Revenue [US $82 Million]
NKT Photonics is a European company and has its headquarters in Denmark with sales and service worldwide. The company is the major supplier of high-performance fiber lasers and photonic crystal fibers. The main market of the company includes industrial, medical & life science, quantum & nano technology and aerospace & defence.The company has acquired 1 company and divested 1 asset.
Address: 1 New Orchard Road, Armonk, New York 10504-1722, United States
Company website: https://www.ipgphotonics.com/
STMicroelectronics NV – Revenue [€12.80 Billion]
STMicroelectronics NV is a multinational corporation headquartered in Plan-les-Ouates near Geneva, Switzerland. The company provides services includes plans, develops, produce, and markets semiconductor integrated circuits and individual devices. The products of the company are utilized in consumer electronics, telecommunications, computer, automotive, and industrial sectors. The company has acquired 9 companies and 2 in the recent 5 years.
Address: Chemin du Champ-des-Filles 39 Plan-les-Ouates, GENÈVE, 1228 Switzerland
Company website: https://www.st.com/
Hamamatsu Photonics K.K – Revenue [US$1.01 Billion]
Hamamatsu Photonics K.K. is a Japanese corporation headquartered in Shizuoka. The company is a manufacturer of electric light sources, optical sensors, and other optical devices and their applied instruments for technical, medical and scientific use. The largest acquisition of the company is in 2017 with Energetiq Technology for US$42 Million.
Address: 325-6, Sunayama-cho, Naka-ku, Hamamatsu City, Shizuoka Pref., 430-8587, Japan
Company website: https://www.hamamatsu.com/