Silicon Photomultiplier Market Set to Surge to US$ 274.4 Million by...

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2026-08-19 07:37:17 -

Silicon Photomultiplier Market Set to Surge to US$ 274.4 Million by 2031, Driven by Rapid Adoption in Automotive LiDAR and Medical Imaging

The global silicon photomultiplier (SiPM) market is experiencing a transformative phase, underpinned by the increasing need for high-precision, low-light radiation detection across multiple high-tech industries. Valued at US$ 123.7 million in 2021, the market is projected to expand at a robust compound annual growth rate (CAGR) of 8.3% from 2022 to 2031, ultimately reaching US$ 274.4 million by...

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