Silicon Photomultiplier Detectors Market

Silicon Photomultiplier Detectors Market: Introduction

• The silicon photomultiplier detector is an array of SPADs (single-photon avalanche diode) connected in parallel. These detectors are used for the detection of ultra-low light levels down to single photons. The silicon photomultiplier detector offers significant advantages such as low operating voltage, excellent temperature stability, immunity to magnetic fields, and a much smaller size for easy system integration as compared to conventional photomultiplier tubes.
• Silicon photomultiplier detectors have features such as ultra-low light detection down to single photons, low operating voltage, high gain, low noise, and immunity to magnetic fields.
• These features make silicon photomultiplier detectors most significant for high energy physics, medical diagnostics, nuclear medicine, homeland security, and analytical instruments, and are expected to contribute to the growth of the market.

Growing Adoption from Healthcare Industry

• Based on end-use industry, the global silicon photomultiplier detectors market can be segmented into electronics & semiconductor, IT and telecommunication, consumer electronics, automotive, aerospace & defense, healthcare, and others (oil & gas, power & utility, energy). Among end-use industries, healthcare is expected to be the fastest growing industry for silicon photomultiplier detectors during the forecast period due to the increasing use of silicon photomultiplier detectors in X-ray and gamma-ray detection, flow cytometry, and nuclear medicine to examine organ function and structure.
• Silicon photomultiplier detectors are mainly used in medical imaging devices such as PET (Positron Emission Tomography) scanners, X-ray machines, and MRI machines. This factor is significantly driving the silicon photomultiplier detectors market in the healthcare industry.
• Moreover, rising adoption of silicon photomultiplier detectors for 3D ranging & sensing, and high energy physics is further propelling the market.

Asia Pacific to Lead the Silicon Photomultiplier Detectors Market

• In terms of region, the global silicon photomultiplier detectors market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
• Asia Pacific is expected to hold largest share of the silicon photomultiplier detectors market throughout the forecast period due to increasing demand from healthcare, semiconductor, aerospace & defense, automotive, and IT and telecommunication industries.
• Silicon photomultiplier detectors are widely utilized in radiology, medical imaging, and 3D ranging & sensing.
• Furthermore, rising industrialization and urbanization, emergence of viral infections such as COVID-19 (Delta variant), and innovations in healthcare are other factors stimulating the growth of the silicon photomultiplier detectors market in Asia Pacific.
• The silicon photomultiplier detectors market in North America and Europe is expected to expand at a significant rate during the forecast period due to growing demand for silicon photomultiplier detectors from a wide range of industries such as automotive, consumer electronics, and IT & telecommunication. The growth is anticipated to be driven by leading countries such as the U.S. Canada, Germany, France, and Italy. The silicon photomultiplier detectors market in Middle East & Africa and South America is anticipated to grow at a steady rate during the forecast period.

Key Players Operating in the Global Silicon Photomultiplier Detectors Market

Key players operating in the global silicon photomultiplier detectors market are engaged in developing technologically advanced products to meet the rising demand for silicon photomultiplier detectors. Furthermore, several manufacturers are focusing on strategic mergers and acquisitions of local manufacturers and system designers to strengthen their product offerings and expand their geographic reach.

Leading players operating in the global silicon photomultiplier detector market include:

• TE Connectivity (First Sensor)
• ON Semiconductor (Semiconductor Components Industries, LLC)
• Broadcom
• Hamamatsu Photonics
• Broadcom (KETEK GmbH)
• AdvanSiD
• Cremat
• Excelitas Technologies

Global Silicon Photomultiplier Detectors Market: Research Scope

Global Silicon Photomultiplier Detectors Market, by Type

• Red, Green, Blue (RGB) Silicon Photomultiplier Detectors (SiPMs)
• Near Ultraviolet (NUV) Silicon Photomultiplier Detectors (SiPMs)

Global Silicon Photomultiplier Detectors Market, by End-use Industry

• Aerospace & Defense
• Healthcare
• IT & Telecommunication
• Electronics & Semiconductors
• Automotive
• Others (Oil & Gas, Power & Utility, Energy)

Global Silicon Photomultiplier Detectors Market, by Application

• LiDAR
• Multi-View Camera System
• 3d Optical Sensors
• Medical Imaging
  • Flow Cytometry
  • Luminometry
  • Flow Cytometry
  • Positron Emission Tomography
• Safety and Security
• Nuclear Medicine
• High Energy Physics

Global Silicon Photomultiplier Detectors Market, by Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
• South America
  • Brazil
  • Mexico
  • Rest of South America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa