Semiconductor Photodetector Market Segmentation:
Type Segment Analysis
The avalanche photodiodes (APDs) segment in the semiconductor photodetector market is expected to register the highest revenue CAGR of 8.09% during the forecast period owing to the rising need for security solutions and rapid advancements in avalanche photodiodes. Avalanche photodiodes are used in low-light cameras and night vision systems in surveillance and security applications to enhance safety in low light.
In June 2021, University of Texas and University of Virginia engineers recently revealed the invention of avalanche photodiode devices, that operate similarly to a photomultiplier which might multiply incoming light impulses several times. In addition to this, in March 2022, Marktech announced the launch of advanced APDs suitable for short pulse, high speed and low light level detection in the range of 400 to 1100 nm.
Application Segment Analysis
The telecommunication segment accounted for the largest share of 33% in 2024 and is expected to witness staggering growth during the forecast period owing to rapid advancements in telecommunications, particularly with the deployment of 5G networks. According to the GSMA 30 countries launched 5G services in 2023 and the number is expected to double by 2025.
Semiconductor photodetectors are widely used in optical communication systems due to their miniature size, high detection efficiency, and fast detection speed. The segment growth is also rising due to increasing investments in developing 5G-compatible semiconductor chips. For instance, in March 2023, Polymatech announced its plan to launch advanced semiconductor chips for 5G and 6G in India.
Our in-depth analysis of the global market includes the following segments:
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