North America Silicon Photonics Market Forecast 2019-2027
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KEY FINDINGS
The North America market for silicon photonics is anticipated to grow at 17.77% CAGR during the forecasting years of 2019-2027. The growth of this market is driven by factors such as the growing need for energy efficient technology, the need for high-speed data transfer and the growth of investments in the market. The region-specific market of the United States and Canada are influential to the market growth.
MARKET INSIGHTS
The silicon photonics market is segmented with respect to application, components and products. The largest segment by product is the optical switches market. They are the intermittent parts of an optical network that are used for changing the signals from one channel to another. The silicon photonics segment is anticipated to gain numerous funding avenues from private, public as well as government organizations in North America. The data center based silicon photonics application arena is anticipated to be on the forefront of consecutive options of funding during the forecasting years. The silicon photonics arena is expected to witness huge investments from the European Commission.
COMPETITIVE INSIGHTS
Some of the operational silicon photonics-based companies are Chiral Photonics Inc., Okmetic Oy, Hamamatsu Photonics K.K., Enablence Technologies Inc., Finisar Corporation, Hewlett-Packard Co., Mellanox Technologies, Intel Corporation, STMicroelectronics N.V, Cisco Systems, Inc., Infinera Corporation, Ltd., Molex Llc, Neophotonics Corporation and Adva Optical Networking Se.
The North America market for silicon photonics is anticipated to grow at 17.77% CAGR during the forecasting years of 2019-2027. The growth of this market is driven by factors such as the growing need for energy efficient technology, the need for high-speed data transfer and the growth of investments in the market. The region-specific market of the United States and Canada are influential to the market growth.
MARKET INSIGHTS
The silicon photonics market is segmented with respect to application, components and products. The largest segment by product is the optical switches market. They are the intermittent parts of an optical network that are used for changing the signals from one channel to another. The silicon photonics segment is anticipated to gain numerous funding avenues from private, public as well as government organizations in North America. The data center based silicon photonics application arena is anticipated to be on the forefront of consecutive options of funding during the forecasting years. The silicon photonics arena is expected to witness huge investments from the European Commission.
COMPETITIVE INSIGHTS
Some of the operational silicon photonics-based companies are Chiral Photonics Inc., Okmetic Oy, Hamamatsu Photonics K.K., Enablence Technologies Inc., Finisar Corporation, Hewlett-Packard Co., Mellanox Technologies, Intel Corporation, STMicroelectronics N.V, Cisco Systems, Inc., Infinera Corporation, Ltd., Molex Llc, Neophotonics Corporation and Adva Optical Networking Se.
North America Silicon Photonics Market Forecast 2019-2027
Published By :Inkwood Research
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