Silicon Photomultiplier Market Size, Growth and Share 2023, Revenue, Trends, Competitive Analysis, Future Opportunities and Forecast 2030

Posted May 2, 2023 by Jameslin

During the forecast period of 2022–2030, the global silicon photomultiplier market is expected to expand at a compound annual growth rate (CAGR) of 7.2%.

During the forecast period of 2022–2030, the global silicon photomultiplier market is expected to expand at a compound annual growth rate (CAGR) of 7.2%.
Photodetector sensors called silicon photomultipliers (SiPMs) tackle the challenge of detecting, timing, and measuring low-light signals down to the single-photon level. They are often combined on a common silicon substrate with solid-state single-photon sensitive devices based on Single-photon avalanche diode (SPAD). These gadgets have a high efficiency design and can detect a variety of signals, from UV to infrared. They have qualities like great uniformity of response, strong mechanical strength, immunity to magnetic fields, and low-voltage operation. They can be applied to a variety of tasks, including high energy physics, innovative scintillators for research and industry, hazard and threat detection, 3D-ranging, nuclear medicine detection, medical imaging, sorting, and recycling, among others.

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Growth Drivers:
The global medical industry has seen an increase in the number of uses for silicon photomultipliers in recent years. They are also seen to be replacing avalanche photodiodes and photomultiplier tubes, notably in PET and medical imaging applications, and are being given serious consideration for PET/MR and hadron treatments. The worldwide silicon photomultiplier industry now has several potential for expansion.
Additionally, the major players in the global silicon photomultiplier market are investing a significant amount of money to create and introduce cutting-edge silicon photomultipliers to the market. They are currently concentrating on introducing affordable goods and solutions for various industrial applications as well as enhancing the size and form of sensors. During the anticipated period, all of these developments are anticipated to drive the silicon photomultiplier market's expansion.

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Silicon Photomultiplier Market Segmentation:
By Offering:
• Near Ultraviolet Silicon Photomultiplier
• Red, Green Blue Silicon Photomultiplier

By Type:
• Analog Silicon Photomultiplier
• Digital Silicon Photomultiplier

By Application:
• LiDAR And 3D Ranging
• Bio Photonics and Medical Imaging
• High Energy Physics
• Radiation Detection & Monitoring
• Flow Cytometry

By End User:
• Healthcare
• Automotive
• Consumer Electronics & Telecommunications
• Aerospace
• Oil & Gas
• Others

By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Key Companies in Silicon Photomultiplier Market:
The research report offers a competitive analysis of prominent companies operating in the global silicon photomultiplier market. Some of the leading players profiled in the market research report include:
• Philips
• Dyansil
• AdvanSiD
• Broadcom Inc.
• Cremat Inc
• Excelitas technologies corporation
• Hamamatsu Photonics K.K.
• Ketek GMBH
• ON Semiconductor
• First Sensor AG
• Other Players

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About Us:-
xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

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Contact Person: James Lin
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Issued By James
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Categories Electronics , News , Technology
Tags silicon photomultiplier market , silicon photomultiplier market size , silicon photomultiplier market share , silicon photomultiplier market news
Last Updated May 2, 2023