According to a new market research report titled, “Avalanche Photodiodes Market by Material (Silicon, InGaAs, Germanium, Others), Sales Channel (OEMs, Aftermarket), End User (Aerospace & Defense, Commercial, Healthcare, Industrial, Telecommunications, Others), and Geography - Forecast to 2029,’ the avalanche photodiodes market is expected to grow at a CAGR of 3.9% from 2022 to reach $218.2 million by 2029.

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Avalanche photodiodes or APDs are highly sensitive semiconductor devices converting optical signals into electrical signals. APDs operate under high reverse bias and require additional electronic elements apart from the photodiode. These types of photodiodes incorporate thermosensors to provide better stability. APDs use the four-channel trans-impedance amplifier for reduced noise, high impedance, and low power consumption. These features make APDs suitable for use in LIDAR receivers. APDs are used in healthcare to monitor heart rate and facilitate other vital functions such as blood glucose monitoring, urine analysis, and dental diagnosis.
The growth of this market is driven by the rising demand for avalanche photodiodes in healthcare devices and the growing adoption of avalanche photodiodes in fiber optics.
Impact of COVID-19 on the Global Avalanche Photodiodes Market
The COVID-19 pandemic caused a widespread economic downturn as several countries imposed strict lockdowns to contain the infection. The closure of on-premise business processes and disruptions in supply chains and production schedules negatively affected businesses worldwide, significantly impacting the technology supply chains globally. The COVID-19 pandemic negatively affected the demand for avalanche photodiodes due to the closure of consumer electronics, automobile, industrial, and other manufacturing facilities across the globe.
The shutting down of the manufacturing industry at the beginning of 2020 in China due to quarantine mandates caused a ripple effect on the global economy.
Furthermore, the electronics industry was negatively impacted by the outbreak of the COVID-19 pandemic. Hypermarkets, supermarkets, and showrooms worldwide were shut down, affecting the sales of various electronic devices.
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There has been an increasing demand for data storage for managing the large amount of data generated. However, many small & medium-sized businesses shut down, either temporarily or permanently, hampering revenue growth in the data storage market.
The avalanche photodiodes market is segmented based on material, sales channel, end user, and geography.
Based on material, the avalanche photodiodes market is segmented into silicon, InGaAs, germanium, and other materials. The silicon segment is expected to account for the largest share of the avalanche photodiodes market. The growth of this segment is attributed to the advantages offered by silicon-based APDs, such as high gain, low noise, high sensitivity ranging from UV to NIR for low light detection, and high speed.
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Based on sales channel, the avalanche photodiodes market is segmented into OEMs and aftermarket.
Based on end user, the avalanche photodiodes market is segmented into aerospace & defense, commercial, healthcare, industrial, telecommunications, and other end users. In 2022, the telecommunications segment is expected to account for the largest share of the avalanche photodiodes market.
Based on geography, in 2022, Asia-Pacific is expected to account for the largest share of the avalanche photodiodes market. Mining, food processing, automotive, aerospace, electronics & semiconductors, and textile are some of the major industries in Asia-Pacific.
Technologies AG (Germany), Skyworks Solutions, Inc. (U.S.), ON SEMICONDUCTOR CORPORATION (U.S.), and Vishay Intertechnology, Inc. (U.S.).


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Scope of the Report:
Avalanche Photodiodes Market, by Material
• Silicon
• Indium Gallium Arsenide (InGaAS)
• Germanium
• Other Materials
Avalanche Photodiodes Market, by Sales Channel
• OEMs
• Aftermarket
Avalanche Photodiodes Market, by End User
• Aerospace & Defense
• Commercial
• Healthcare
• Industrial
• Telecommunications
• Other End Users
Avalanche Photodiodes Market, by Geography
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o Italy
o France
o Spain
o Rest of Europe (RoE)
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Taiwan
o Rest of Asia-Pacific (RoAPAC)
• Latin America
• Middle East & Africa
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