South Korea Silicon Photonics Market Size & Outlook
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South Korea silicon photonics market highlights
- The South Korea silicon photonics market generated a revenue of USD 22.2 million in 2023 and is expected to reach USD 131.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 29% from 2024 to 2030.
- In terms of segment, wavelength-division multiplexing (wdm) filters was the largest revenue generating component in 2023.
- Optical waveguides is the most lucrative component segment registering the fastest growth during the forecast period.
Silicon photonics market data book summary
| Market revenue in 2023 | USD 22.2 million |
| Market revenue in 2030 | USD 131.9 million |
| Growth rate | 29% (CAGR from 2023 to 2030) |
| Largest segment | Wavelength-division multiplexing (wdm) filters |
| Fastest growing segment | Optical waveguides |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Optical waveguides, Optical modulators, Photodetectors, Wavelength-Division Multiplexing (WDM) filters, Laser |
| Key market players worldwide | Intel Corp, Cisco Systems Inc, Hamamatsu Photonics KK, International Business Machines Corp, STMicroelectronics NV, Adtran Networks SE, NVIDIA Corp, Infinera Corp, DAS Photonics, Finisar, Molex |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.4% of the global silicon photonics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan silicon photonics market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 535.1 million by 2030.
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Silicon Photonics Market Scope
Silicon Photonics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Molex | View profile | 11-50 | Hankamer, Texas, United States, North America | https://www.molexcompany.com |
| Finisar | View profile | 10001+ | Sunnyvale, California, United States, North America | http://www.finisar.com |
| DAS Photonics | View profile | 101-250 | Valencia, Comunidad Valenciana, Spain, Europe | http://www.dasphotonics.com/ |
| Infinera Corp | View profile | 3264 | 6373 San Ignacio Avenue, San Jose, CA, United States, 95119 | https://www.infinera.com |
| Adtran Networks SE | View profile | 2101 | Campus Martinsried, Fraunhoferstrasse 9a, Munich, BY, Germany, 82152 | https://www.adva.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Hamamatsu Photonics KK | View profile | 5795 | 325-6, Sunayama-cho, Naka-ku, Shizuoka Pref, Hamamatsu, Japan, 430-8587 | http://www.hamamatsu.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
| NVIDIA Corp | View profile | 29600 | 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 | https://www.nvidia.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
South Korea 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 31.98% in 2023. Horizon Databook has segmented the South Korea 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.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea silicon photonics market , including forecasts for subscribers. This country databook contains high-level insights into South Korea silicon photonics market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea silicon photonics market size, by component, 2017-2030 (US$M)
South Korea Silicon Photonics Market Outlook Share, 2023 & 2030 (US$M)
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