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    Avalanche Photodiode (APD) Market Analysis | 2022-2028

    Avalanche Photodiode (APD) Market Analysis | 2022-2028
    Report code - SR1308 Delivery - 2 Weeks
    Avalanche Photodiode (APD) Market Growth, Trends, Dynamics & Market Insights: 2022-202 See more...

    Market Insights

    The Avalanche Photodiode (APD) Market was estimated to grow from USD 143.8 Million in 2021 to USD 190.59 Million by 2028 at a healthy CAGR of 4.10% during the forecast period.

    Avalanche Photodiode Market Size

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    What is an avalanche photodiode?

    Avalanche photodiode (APD) is a sensitive semiconductor device that exploits the photoelectric effect to convert light into electricity. These photodiodes are primarily used to measure the lower level light and are used in a wide range of applications that require high sensitivity such as long-distance & optical-distance optical communications.

    Avalanche Photodiode (APD) Market Report Overview

    Market Size in 2028

    USD 190.59 Million

    Market Size in 2021

    USD 143.8 Million

    Market Growth (2022-2028)

    4.10% CAGR

    Base Year of Study

    2021

    Trend Period

    2016-2020

    Forecast Period

    2022-2028

    Key Players

    Key players operating in the Avalanche Photodiode (APD) market are-

    • First Sensor AG (Germany)
    • Hamamatsu (Japan)
    • Kyosemi Corporation (Japan)
    • Luna (US)
    • Excelitas (Canada)
    • Osi optoelectronics (US)
    • Edmund Optics (US)
    • GCS (US)
    • Accelink (China)
    • NORINCO GROUP (China).

    Market Dynamics

    The growing use of optical technology in the industrial sector, the rise in digitization in emerging countries, and the surge in the demand for diagnostic devices & systems in the healthcare sector are some of the key factors propelling the market growth. Moreover, the rising adoption of optics in R&D activities is another key factor augmenting the product demand. However, technical issues related to the use of avalanche photodiodes are likely to hamper industry growth.

    COVID-19 Impact

    The COVID-19 outbreak has moderately affected the Avalanche Photodiode (APD) industry. This is mainly due to soaring coronavirus cases, the implementation of stringent lockdown measures, and limited movement of people to curb the spread of the virus. This resulted in supply chain disruption and restrictions in transportation, which further affected product demand.

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    Segment Analysis

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

    The market is segmented into the following categories-

    By Type 

    • Silicon-Based
    • Indium Gallium Arsenide (InGaAs)
    • Germanium Materials
    • Others

    By Application 

    • Industrial
    • Medical
    • Mobility
    • Others

    By Region

    • North America
    • APAC
    • Europe 
    • Rest of the World

    By Type

    The avalanche photodiode market is categorized into silicon-based, indium gallium arsenide, germanium materials, and others. The silicon-based segment held a significant market share in 2021 and is estimated to register a healthy CAGR during the forecast timeline. Silicon-based avalanche photodiodes are sensitive in the wavelength region from ≈ 450 to 1000 nm, with the maximum responsivity occurring around 600–800 nm, and are cheaper than other types. Also, silicon-based APDs offer high sensitivity ranging from UV to NIR for low light detection at high speeds, thereby bolstering segment growth.

    Regional Analysis

    The Asia Pacific market accounted for a significant share in 2021 and is expected to grow at the highest CAGR in the following years. This is mainly ascribed to the strong presence of consumer electronics and semiconductor companies in South Korea, China, Taiwan, and Japan. Also, increasing product adoption in industrial, medical, and mobility sectors for laser devices and optical scanners, further proliferates the regional market growth.

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    Target Audience

    Here is the list of the group of customers that the avalanche photodiode market hopes to have the greatest opportunity to convert-

    • Distributors
    • Suppliers
    • Manufacturers
    • Logistics organizations
    • Government bodies

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    What deliverables will you get in this report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth analysis of the Avalanche Photodiode (APD) Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional and country level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Customization

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Avalanche photodiode (APD) is a sensitive semiconductor device that exploits the photoelectric effect to convert light into electricity. These photodiodes are primarily used to measure the lower level light and are used in a wide range of applications that require high sensitivity such as long-distance & optical-distance optical communications.

    The avalanche photodiode market was estimated to grow from USD 143.8 million in 2021 to USD 190.59 million by 2028.

    The avalanche photodiode market is expected to witness an impressive growth of 4.10% CAGR in the coming years.

    First Sensor AG (Germany) Hamamatsu (Japan) Kyosemi Corporation (Japan) Luna (US) Excelitas (Canada) Osi optoelectronics (US) Edmund Optics (US) GCS (US) Accelink (China) NORINCO GROUP (China)

    The Asia Pacific accounted for the largest share of the avalanche photodiode market in 2021.

    The growing use of optical technology in the industrial sector, rise in digitization in emerging countries, and surge in the demand for diagnostic devices & systems in the healthcare sector are some of the key factors propelling the market growth. Moreover, the rising adoption of optics in R&D activities is another key factor augmenting the product demand. However, technical issues related to the use of avalanche photodiodes are likely to hamper industry growth.

    The silicon-based segment held a significant market share in 2021 and is estimated to register a healthy CAGR during the forecast timeline.

    By Type (Silicon-Based, Indium Gallium Arsenide (InGaAs), Germanium Materials, Others), By Application (Industrial, Medical, Mobility, Others), and Region.