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    Avalanche Photodiode (APD) Market Report

    Avalanche Photodiode (APD) Market Report
    Report code - SR1308 Delivery - 2 Weeks
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    Avalanche Photodiode (APD) Market Trends, Dynamics & Market Insights
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    Market Insights

    The Avalanche Photodiode (APD) Market is estimated to grow from USD 138.2 million in 2020 to USD 175.3 million by 2026 at a healthy CAGR of 4.1% during the forecast period.

    Figure: Avalanche Photodiode (APD) Market Size, 2020-2026 (USD Million)

    Avalanche-Photodiode-Market-Forecast

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    What is 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.

    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, 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.

    Segment's Analysis

    Type Trends

    Based on 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 2020 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 the segment growth.

    Regional Trends

    By region, the Asia Pacific market accounted for a significant share in 2020 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.

    COVID-19 Impact on Avalanche Photodiode (APD) Market

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

    Critical Questions Answered in the Report

    • What are the key trends in the Avalanche Photodiode (APD) market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the Avalanche Photodiode (APD) market?
    • What are the key strategies adopted by the major vendors to lead in the global Avalanche Photodiode (APD) market?
    • What is the market share of the top vendors?

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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-

    • Avalanche Photodiode (APD) vendors
    • Avalanche Photodiode (PD) retailers
    • Industrial companies
    • Medical companies

    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 at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The avalanche photodiode market is expected to witness an impressive growth of 4.1% CAGR in the coming years.

    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), and NORINCO GROUP (China).

    The avalanche photodiode market size is expected to reach USD 175.3 million in the foreseeable future.

    Avalanche Photodiode (APD) vendors, Avalanche Photodiode (PD) retailers, Industrial companies, Medical companies are the target audience in the avalanche photodiode market.

    The silicon-based segment is expected to register the healthy CAGR in the avalanche photodiode market in the coming years.

    Asia-pacific is expected to grow at the highest CAGR in the avalanche photodiode market during the next five years.