Global Passive Optical Components Market
Global Passive Optical Components Market was valued USD XX Bn in 2018 and is expected to reach US$ 86.88 Bn by 2026, at CAGR of XX% during forecast period of 2019 to 2026.
Global Passive Optical Components Market
Global Passive Optical Components Market Drivers and Restrains:
Passive components are the foundation stone of the optical network system. The increased transmission capability of the telecommunication system in the form of optical signal is a major driving factor for the adoption of this technology.
Components like optical cables, optical power splitters, optical couplers, optical encoders, and optical connectors are the major components of optical network system.
Passive optical components also use in current data network, fiber-to-the-home (FTTH) networks for branching of optical signals, multi/de-multiplexing, and for optical surveillance systems of video signals.
Passive optical components do not require conversion of signals such as electrical-to-optical or optical-to-electrical during its operation.
High growth in IP traffic, increased FTTH requirements, demand for scalability in mobile network, advancement in GPON SoC technologies and high return on investment and low cost of ownership, such factor are drive the market growth.
Risk of cyber threats, Difficulty in managing failure of passive optical networks (PON) and less range of network devices connection that may restraining the market growth at global level. The growing demand for higher and broadband bandwidth and shift towards high capacity optical networks offer new opportunities for the market growth.
Manufacturers in the passive optical components are focusing on competitive pricing as the strategy to capture significant market share. Moreover, strategic mergers and acquisitions and technological innovations are also the key focus areas of the manufacturers.
Global Passive Optical Components Market Segmentation Analysis:
Based on optical component, the WDM/WDDM (Wavelength division multiplexing) segment is expected to grow at the largest CAGR of XX% during the forecast period.
WDM is a system in fiber optic transmission that allows the use of multiple light wavelengths (or colors) to send data over the same medium. Two or more colors of light can travel on one fiber and many signals can be transmitted in an optical waveguide at differing wavelengths.
Increase in demand for the cloud services, rapid growth in deployment of FTTx, and rise in IP traffic are the factors that are driving the growth of the WDM market. Ongoing efforts of telecom companies to upgrade their network infrastructure with performance enhancing networking technologies provides major opportunity for the market growth.
Based on the application, SDH and SONET segments together contributed and accounted at the CAGR of XX% in the passive optical components market in 2018, owing to their ability to transfer multiple digital bit stream over optical fiber using light emitting diodes or leasers. Scalability factor of SDH application is one of the key factors expected to navigate its demand in the market.
In the long run, with service providers (SPs) increasing the size of their networks worldwide, the future of the SONET/SDH test equipment markets relies largely on improvement in the optical technology.
Global Passive Optical Components Market Regional Analysis:
The rising growth in networking technologies in the Asia Pacific region coupled with increasing fiber deployment as well as increased investment in technological advancement and research infrastructure across the region is propelling the passive optical market growth.
Hence, the dominance of Asia pacific in the passive optical component market is expect to continue during the forecast period, followed by North America and Europe
The objective of the report is to present comprehensive assessment projections with a suitable set of assumptions and methodology. The report helps in understanding Global passive optical components market dynamics, structure by identifying and analyzing the market segments and projecting the global market size.
Further, the report also focuses on the competitive analysis of key players by product, price, financial position, growth strategies, and regional presence.
To understand the market dynamics and by region, the report has covered the PEST analysis by region and key economies across the globe, which are supposed to have an impact on market in forecast period.
PORTER’s analysis, and SVOR analysis of the market as well as detailed SWOT analysis of key players has been done to analyze their strategies.
The report will be address all questions of shareholders to prioritize their efforts and investment in the near future to the emerging segment in the Global passive optical components market.
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Scope of the Global Passive Optical Components Market:
Global Passive Optical Components Market, by Component Type:
• Optical cables
• Optical power splitters
• Optical couplers
• Optical encoders
• Optical connectors
• Patch cords and pigtails
• Optical amplifiers
• Fixed and variable optical attenuators
• Optical transceivers
• Optical circulators
• Optical filters
Global Passive Optical Components Market, by End Users:
• Loop feeder
• Hybrid Fiber coaxial cable
• Fiber in the lopp
• Synchronous optical network
• Synchronous digital hierarchy
Global Passive Optical Components Market, by Region:
• Asia Pacific
• North America
• Latin America
• Middle East Africa
Global Passive Optical Components Market, Major Players:
• Alcatel-Lucent S.A.,
• ZTE Corp.,
• Motorola Solutions Inc.,
• Huawei Technologies Comp. Ltd.,
• Tellabs Inc.,
• Adtran Inc.,
• Freescale Semiconductor Inc.,
• Calix Inc.,
• Mitsubishi Electric Corporation,
• Ericsson Inc.
• Nokia Corporation,
• NXP Semiconductors N.V.
• Macom Technology
• Marvell Technology
• Alliance Fiber Optic Products
• AT & T
• Cortina Systems
• ECI Telecom
• Hitachi Communication Technologies
• Ikanos Communications
• Qualcomm Atheros
• Verizon Communications
• Vitesse Semiconductor
• Zhone Technologies
• Flyin Optronics
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