Global Silicon Photonics Market Size & Outlook, 2023-2030
Global silicon photonics market, 2017-2030 (US$M)
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Global silicon photonics market highlights
- The global silicon photonics market generated a revenue of USD 1,630.1 million in 2023 and is expected to reach USD 8,127.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 25.8% by 2030.
- In terms of segment, wavelength-division multiplexing (wdm) filters accounted for a revenue of USD 525.2 million in 2023.
- Optical waveguides is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,630.1 million |
| Market revenue in 2030 | USD 8,127.8 million |
| Growth rate | 25.8% (CAGR from 2023 to 2030) |
| Largest segment | Wavelength-division multiplexing (wdm) filters |
| Fastest growing segment | Optical waveguides |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Optical waveguides, Optical modulators, Photodetectors, Wavelength-Division Multiplexing (WDM) filters, Laser |
Other key industry trends
- In terms of revenue, the North America accounted for 47.6% of the global silicon photonics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 326.3 million by 2030.
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Silicon Photonics Market Scope
Silicon Photonics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global silicon photonics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to silicon photonics market will help companies and investors design strategic landscapes.
Wavelength-division multiplexing (wdm) filters was the largest segment with a revenue share of 32.22% in 2023. Horizon Databook has segmented the Global silicon photonics market based on optical waveguides, optical modulators, photodetectors, wavelength-division multiplexing (wdm) filters, laser covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Silicon Photonics Component Outlook (Revenue, USD Million, 2017-2030)
- Optical waveguides
- Optical modulators
- Photodetectors
- Wavelength-Division Multiplexing (WDM) filters
- Laser
- Global Silicon Photonics Product Outlook (Revenue, USD Million, 2017-2030)
- Transceivers
- Active Optical Cables
- Optical Multiplexers
- Optical Attenuators
- Others
- Global Silicon Photonics Application Outlook (Revenue, USD Million, 2017-2030)
- IT & Telecommunications
- Consumer Electronics
- Healthcare & Life Sciences
- Commercial
- Defense and Security
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global silicon photonics market , including forecasts for subscribers. This global databook contains high-level insights into Global silicon photonics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global silicon photonics market size, by regions, 2017-2030 (US$M)
Top 10 countries: Silicon photonics market size, 2023 (US$M)
Global silicon photonics market share, by component, 2023 & 2030 (%, US$M)
Silicon photonics market: Opportunity assessment by country
Global silicon photonics market, by region, 2023 (US$M)
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