EUROPE SILICON PHOTONICS MARKET FORECAST 2023-2032

The Europe silicon photonics market growth evaluation includes the analysis of Germany, Spain, Italy, France, the United Kingdom, and Rest of Europe. The United Kingdom is evaluated as a technology hub, facilitating a favorable market for new entrants and technological advancements. The silicon photonics market growth in the UK is attributed to the rising population and rapid industrialization. Also, the increasing demand for industrial and consumer-end devices with high-speed and low-cost data connectivity propels the market growth. A major factor accredited to the increased demand for devices with silicon photonics is the need for low latency and faster data transference rates in the telecommunication industry. Additionally, the growing interest of government organizations and research institutions in the research & development of silicon photonics technologies further supplements the market growth. Moreover, the presence of key players like IBM and Intel Corporation benefits market growth.

In France, urbanization, industrialization, and increasing efforts for sustainability, energy efficiency, and eco-friendliness propel the silicon photonics market growth. In addition, the demand for fiber optical networking equipment for ultrahigh-speed communication drives market demands. Also, most domestic photonics companies are small companies renowned for their product quality and expertise. 

The Europe silicon photonics market segmentation includes component, product type, application, and waveguide. The component segment includes photodetectors, modulators, and lasers.

The silicon optical modulators are subdivided into refractive and absorptive modulators, further classified based on their effects. The conventionally available microelectronic modulators have a speed of 10 Gbps. However, the modulators developed using silicon photonics with a speed of 40 GPs have a higher preference, given the growing demand for high-speed networks. This has revolutionized the fields of communications and computing. 

Further, the device packaging of modulators is central to eliminating unwanted effects like parasitic effects. Also, it aids in achieving enhanced circuitry of the modulator and low radio frequency (RF) attenuation electrodes. The response time of a modulator determines its performance and speed. The modulator’s efficiency increases with lesser response time. In this regard, the silicon photonic modulators have a response time of less than 2 ps (picosecond) despite carrier mobility. 

With regard to absorptive modulators, light waves are absorbed under the influence of an electric field. The overall insertion loss of absorption modulators is low since these absorptive modulators use silicon to absorb light radiations. 

Some of the leading companies operating in the Europe silicon photonics market are Rockley Photonics, STMicroelectronics, NeoPhotonics, etc.

STMicroelectronics is a semiconductor company that markets, manufactures, develops, and designs a range of semiconductor products. The company’s key products include digital & mixed-signal applications, full-custom devices & semi-custom devices, application-specific integrated circuits (ASIC), etc. It primarily operates in Japan, France, the United States, Italy, Singapore, and the Netherlands. The company is headquartered in Geneva, Switzerland. 

One of its key products, CMOS Image Sensors, offers a vast range of traditional image sensors from entry-level VGA to 24 Mpixels.