Skip to main content

North America Dominate the Highest Growth Region

 

According to a new market intelligence report by BIS Research titled ‘Global Silicon Photonics Market − Analysis and Forecast, 2019-2025’, the global silicon photonics market was estimated to be $520.0 Million in 2019 and is expected to reach $3.07 Billion by the end of 2025, growing at a CAGR of 33.95% during the forecast period.

BIS Research Report: https://bisresearch.com/industry-report/silicon-photonics-market.html

In terms of regional demand, North America and Europe together hold more than 60% of the total market share. The dominance of North America is attributable to the increasing adoption of silicon photonic products across the data communication and telecommunication industries. China also holds a notable share in the silicon photonics market in terms of revenue generation due to strong focus on research and development, well-established closed knit supply chain, and the massive growth in emerging end-use markets in China. The rapid growth in India is attributed to the support from Government of India in terms of tax exemptions, huge investment in R&D, rising spending on the healthcare sector, along with support from private entities for the installation of silicon photonics-based technology in all verticals.

About BIS Research:

BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

 

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

 

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

 

What distinguishes BIS Research from the rest of the players is that we don’t simply provide data but also complement it with valuable insights and actionable inputs for the success of our clients.

 

Contact:

Bhavya Banga

Email: media@bisresearch.com

BIS Research Inc.

39111 PASEO PADRE PKWY STE 313,

FREMONT CA 94538-1686

Visit our Blog @ https://blog.bisresearch.com/

Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research

Connect with us on Twitter@ https://twitter.com/BISResearch

 

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Chatbots Increasing Efficiency in Healthcare Market

Chatbots are one of the prominent technologies currently being integrated into the healthcare system. The chatbots are not considered as the SaMD (software as medical device) as they do not participate in clinical decision-making process, rather, they act as the personal healthcare assistant as well as the trainer for its users. Click Here To Get Detailed Description of  Chatbots in Healthcare Market The usage of chatbots in the healthcare has gained popularity since 2013, when Babylon Health, the first healthcare chatbot company of the U.K. was launched. The company offered symptom checker chatbot and has started using the same chatbot as a health checker as well. The industry comprises the bot developers, platform providers, content providers, and the interface providers. Since there are no regulatory bodies such as FDA and MHRA directly governing the usage of chatbots, launching the chatbot is convenient for the developers. New start-ups are coming up wit...
2 comments
Read more

Vertical Farming Market Strategy and Growth Factor Report 2020-2026

With the exponential growth of the global population, the subsequent increase in global food demand, the decrease in agricultural land, and the depletion of limited natural resources, the need to improve agricultural yield has become critical. The upsurge in the urban population in developing countries, with improved quality of living due to high-income levels and the demand for fresh farm produce and animal protein, is bolstering the demand for crop production. The finite presence of natural resources, such as arable land and fresh water, along with falling farm yield trends in many crop categories, have encouraged crop producers and agricultural companies to introduce innovative and advanced agriculture alternatives to boost farm profitability. Read Report Overview: https://bisresearch.com/industry-report/vertical-farming-market.html Concerning the growing world population and the rising food sufficiency demand, the limited land resources won’t be sufficient to feed the ...
Post a Comment
Read more

Automotive Camera Market is expected to grow at a rapid pace during the forecast period of 2018-2026.

The automated systems integrated in the vehicles use combinations of different sensing components such as LiDARs, cameras, radars, and ultrasonic sensors, among others. The data collected from these sensors is synced with the data extracted from other system components such as GPS and mapping elements. This combined data is further processed by data processors and with the help of software surrounding information, it is presented to the users. Request the Sample @  https://bisresearch.com/requestsample?id=526&type=download The market value of the automotive cameras according to different levels of automation. The market for level 1 (ADAS) automotive cameras was estimated to hold approximately XX% market share of the total automotive camera market in the year 2017. High market volume of ADAS integrated vehicles, early application of the usage and greater market penetration of cameras in these vehicles accounted for the market dominance of cameras for level 1 automation. Hig...
Post a Comment
Read more