The Silicon Photomultiplier Market was valued at USD 138.09 Million in 2023. It is estimated to reach USD 274.43 Million by 2032, growing at a CAGR of 7.93% during 2024-2032.
Silicon photomultipliers are increasingly preferred for detecting low-light levels because of their better performance, smaller size, and ability to function in harsh conditions, in contrast to traditional photomultiplier tubes (PMTs)