Global Fiber Optic Components Market Report Size, Trends & Growth Opportunity, By Data Rate, By Type, By Application, By Region and forecast till 2027
Report ID : QR1001375 | Industries : Semiconductors and Electronics | Published On :January 2022 | Page Count : 246Global Fiber Optic Components Market
The Global Fiber Optic Components Market was valued USD 20.6 Bn in 2020 and is expected to reach USD 33.9 Bn by 2027, growing at a CAGR of 10.5%.
The technology associated with data transmission using light pulses through strands of fiber made of glass or plastic over long distances is defined as Fiber optics and to form the fiber optic networking system fiber optic components are used. It is extra complex than the older copper wired system. Fiber optic components are largely separated into active components and passive components.
Market Drivers
- Increasing deployment of data centres.
- Growing internet penetration and data traffic.
- Growing demand for bandwidth and reliability.
- Developments in the fiber optic components ecosystem.
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Market Restraints
There are the some restraining factors for the market growth which are expensiveness, fragility of fiber optic components. Also, they are prone to transmission losses & physical damage. High Cost of Installation and Difficulty in Installing in Different Terrains is also restraining the market growth.
Market Segmentation
Fiber Optic Components Market sis segmented into major 4 categories. Based on Type, the market is segmented into Cables, Active Optical Cables, Amplifiers, Splitters, Connectors, Circulators, Transceivers and Others (Fiber Optic Filters, Fiber Optic Attenuators, Fiber Optic Multiplexers, And Fiber Optic Aggregators). Based on Data Rate, the market is segmented into Less than 10Gbps, 10 Gbps to 40Gbps, 41 Gbps to 100Gbps and more than 100 Gbps. Based on Application, the market is segmented into Distributed Sensing, Analytical and Medical Equipment, Lighting and Communications. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Asia Pacific region dominates the Global Fiber Optic Component Market due to Growing industrialization and infrastructure advancement in the region offers significant opportunities to apply fiber optic components in telecommunication and networking sectors.
North America region also witness the growth in Fiber Optic Cable market during forecast period due to the presence of significant players namely Corning, Prysmian Group, AFL Telecom, Fitel and LS Cable and System.
Market Key Players
Some of the key players operating in Global Fiber Optic Components Market are FURUKAWA ELECTRIC, Reflex Photonics Inc., Sumitomo electric Industries, ltd., FUJITSU OPTICAL COMPONENTS LIMITED, Shenzhen Nokoxin Technology Co., Ltd., Finisar Corp., Fiber Mountain, Inc., Lumentum Operations LLC, Broadcom Corporation, Accelink Technologies Corporation.
Industry development
In November 2021, Lumentum (US) acquired NeoPhotonics Corporation, a US-based firm. The acquisition of NeoPhotonics expanded Lumentum's opportunity in some of the fastest-growing areas of the more than USD 10 Billion market for optical components used in Cloud and telecommunications network infrastructure.
April 2020 - Sumitomo Electric Industries, Ltd. announced that it has acquired Thunderbolt 3 certification for its new active optical cables (AOCs) from Intel Corporation, the company that established the Thunderbolt 3 standard. Sumitomo Electric developed 40 Gbps Thunderbolt 3 AOCs for high-speed transmission to meet the needs for long-distance transmission.
Feb 2020 - Infinera and Lumentum Holdings Inc. (Lumentum), announced a collaboration to bring to market XR optics-based networking solutions. Featuring the industry’s first point-to-multipoint coherent optical aggregation technology, XR optics is designed to disrupt optical networking economics by enabling new transport architectures.
Global Fiber Optic Components Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Fiber Optic Components Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Fiber Optic Components Market, By Data Rate
5.1 Y-o-Y Growth Comparison, By Data Rate
5.2 Fiber Optic Components Market Share Analysis, By Data Rate
5.3 Fiber Optic Components Market Size and Forecast, By Data Rate
5.3.1 Less than 10Gbps
5.3.2 10 Gbps to 40Gbps
5.3.3 41 Gbps to 100Gbps
5.3.4 More than 100 Gbps
6 Fiber Optic Components Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Fiber Optic Components Market Share Analysis, By Type
6.3 Fiber Optic Components Market Size and Forecast, By Type
6.3.1 Cables
6.3.2 Active Optical Cables
6.3.3 Amplifiers
6.3.4 Splitters
6.3.5 Connectors
6.3.6 Circulators
6.3.7 Transceivers
6.3.8 Others (Fiber Optic Filters, Fiber Optic Attenuators, Fiber Optic Multiplexers, And Fiber Optic Aggregators)
7 Fiber Optic Components Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Fiber Optic Components Market Share Analysis, By Application
7.3 Fiber Optic Components Market Size and Forecast, By Application
7.3.1 Distributed Sensing
7.3.2 Analytical and Medical Equipment
7.3.3 Lighting
7.3.4 Communications
8 Fiber Optic Components Market, By Region
8.1 Fiber Optic Components Market Share Analysis, By Region
8.2 Fiber Optic Components Market Share Analysis, By Region
8.3 Fiber Optic Components Market Size and Forecast, By Region
9 North America Fiber Optic Components Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 North America Fiber Optic Components Market Share Analysis, By Data Rate
9.3 North America Fiber Optic Components Market Size and Forecast, By Type
9.4 North America Fiber Optic Components Market Size and Forecast, By Application
9.5 North America Fiber Optic Components Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Fiber Optic Components Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Europe Fiber Optic Components Market Share Analysis, By Data Rate
10.3 Europe Fiber Optic Components Market Size and Forecast, By Type
10.4 Europe Fiber Optic Components Market Size and Forecast, By Application
10.5 Europe Fiber Optic Components Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Fiber Optic Components Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Asia Pacific Fiber Optic Components Market Share Analysis, By Data Rate
11.3 Asia Pacific Fiber Optic Components Market Size and Forecast, By Type
11.4 Asia Pacific Fiber Optic Components Market Size and Forecast, By Application
11.5 Asia Pacific Fiber Optic Components Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Fiber Optic Components Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Latin America Fiber Optic Components Market Share Analysis, By Data Rate
12.3 Latin America Fiber Optic Components Market Size and Forecast, By Type
12.4 Latin America Fiber Optic Components Market Size and Forecast, By Application
12.5 Latin America Fiber Optic Components Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Fiber Optic Components Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Middle East Fiber Optic Components Market Share Analysis, By Data Rate
13.3 Middle East Fiber Optic Components Market Size and Forecast, By Type
13.4 Middle East Fiber Optic Components Market Size and Forecast, By Application
13.5 Middle East Fiber Optic Components Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Reflex Photonics Inc.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Sumitomo electric Industries, ltd.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 FUJITSU OPTICAL COMPONENTS LIMITED
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Shenzhen Nokoxin Technology Co., Ltd.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Finisar Corp.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Fiber Mountain, Inc.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Lumentum Operations LLC
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Broadcom Corporation
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Accelink Technologies Corporation
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 FURUKAWA ELECTRIC
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies