The Global Silicon Photomultiplier Market is Expected to Grow at a CAGR of 8% by 2026

According to a market report by Lucintel, the future of the silicon photomultiplier market looks promising with opportunities in the oil & gas, IT and telecommunication, automotive, aerospace and defense, consumer electronics, healthcare, and other industries. The global silicon photomultiplier market is expected to grow with a CAGR of 8% from 2021 to 2026. The major drivers for this market are growing usage of silicon photomultiplier in the automotive industry for advanced driver assistance system and increase in demand for accurate diagnosis in the healthcare industry.

To download report brochure, please go to www.lucintel.com/silicon-photomultiplier-market.aspx and click "download brochure" tab from the menu.

In this market, analog silicon photomultiplier and digital silicon photomultiplier are used in a wide range of industries. Digital silicon photomultiplier is expected to witness the highest growth over the forecast period.

Asia Pacific will remain the largest region during the forecast period due to increasing automotive production, growing demand for tablets and smartphones, and growth in demand for home appliances.

AdvanSiD, Broadcom, Cremat Excelitas Technologies, First Sensor, Ketek, Onsemi, Philips, Radiation Monitoring Devices, and SensL Technologies are among the major silicon photomultiplier manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global silicon photomultiplier market by device type, end use industry, type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Silicon Photomultiplier Market 2021-2026: Trends, Forecast, and Opportunity Analysis”. This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global silicon photomultiplier market by device type, vertical, type, application, and region as follows:

By Device Type [$M shipment analysis for 2015 – 2026]:

Analog Silicon Photomultiplier

Digital Silicon Photomultiplier

 

By End Use Industry [$M shipment analysis for 2015 – 2026]:

Oil & Gas

IT and Telecommunication

Automotive

Aerospace and Defense

Consumer Electronics

Healthcare

Other

 

By Type [$M shipment analysis for 2015 – 2026]:

Near Ultraviolet (NU) Silicon Photomultiplier

Red, Green, Blue (RGB) Silicon Photomultiplier

 

By Application [$M shipment analysis for 2015 – 2026]:

Biophotonics & Medical Imaging

High Energy Physics

Hazard & Threat Detection

LiDAR & 3D Ranging

Analytical Instruments

Others

 

By Region [$M shipment analysis for 2015 – 2026]:

North America

United States

Canada

Mexico

 

Europe

Germany

United Kingdom

France

Italy

 

Asia Pacific

China

Japan

India

South Korea

 

The Rest of the World

This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due Diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.