MARKET OVERVIEW
The photodiode is a light-receiving element that converts the intensity of light into electric current when irradiating light. The detectable wavelength range and sensitivity will vary according to the material of the semiconductor element.
When the material is silicon (Si), it has sensitivity to ultraviolet, visible, and infrared (~1100nm) wavelength ranges.
MARKET SIZE & GROWTH
• The global Silicon Photodiodes Market was valued at $323 million in 2024.
• It is projected to reach $521 million by 2031.
• The market is expected to grow at a CAGR of 7.3% during the forecast period.
