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Fiber Optic Components - Global Market Trajectory & Analytics

  • ID: 338808
  • Report
  • April 2021
  • Region: Global
  • 523 Pages
  • Global Industry Analysts, Inc
Rise in Data Storage Networks Sparks Up Demand for Fiber Optic Components
Global Fiber Optic Components Market to Reach $28 Billion by 2027

Amid the COVID-19 crisis, the global market for Fiber Optic Components estimated at US$16 Billion in the year 2020, is projected to reach a revised size of US$28 Billion by 2027, growing at a CAGR of 8.3% over the analysis period 2020-2027. Transmitters/Receivers, one of the segments analyzed in the report, is projected to record a 8.7% CAGR and reach US$12.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Connectors segment is readjusted to a revised 8.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4.3 Billion, While China is Forecast to Grow at 12.6% CAGR

The Fiber Optic Components market in the U.S. is estimated at US$4.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.4 Billion by the year 2027 trailing a CAGR of 12.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 7.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.

Amplifiers Segment to Record 7.5% CAGR

In the global Amplifiers segment, USA, Canada, Japan, China and Europe will drive the 6.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.6 Billion in the year 2020 will reach a projected size of US$2.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.9 Billion by the year 2027, while Latin America will expand at a 8.9% CAGR through the analysis period.

Select Competitors (Total 181 Featured):
  • 3M Company
  • ABB Ltd.
  • Amphenol Corp.
  • ARRIS Group Inc.
  • Broadcom Inc.
  • Ciena Corp.
  • Corning Inc.
  • Diamond SA
  • EMCORE Corp.
  • Fujikura Ltd.
  • Furukawa Electric Co., Ltd.
  • Hirose Electric Co., Ltd.
  • Hitachi Metals, Ltd.
  • HUBER+SUHNER AG
  • Japan Aviation Electronics Industry, Ltd.
  • Lumentum Operations LLC
  • Methode Electronics Inc.
  • Molex
  • NEXANS SA
  • Nokia Corp.
  • Prysmian Group
  • Siemens AG
  • Sterlite Technologies Ltd.
  • Sumitomo Electric Industries, Ltd.
  • TE Connectivity Ltd.
  • Tellabs
  • Valdor Fiber Optics Inc.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • A Prelude
  • Recent Market Activity
  • Current and Future Analysis
  • Developing Markets Drive Growth
  • Development of Telecommunications Sector - Key to Market Growth
  • Fiber-Optic Communication Systems - Current Trends
  • Fiber Optic Connectors Power Telecom Infrastructure
  • Growth in Fiber Optic Network Deployments - Critical Driving Force
  • Fiber Optics Market Maintains Impressive Growth Streak
  • Recent Developments in Global Optical Fiber Cable Market
  • Increasing Demand for Ultrabend Fiber & Cable and AOCs
  • Growing Number of Multimode or Specialized Fiber Uses
  • Internet’s Rising Contribution to Economy: Need for Optic Fiber Cable Networks
  • Growing Uptake of FTTx Networks
  • Innovations to Further Extend Fiber Optics Efficiency
  • Boosting Signals to Minimize Reliance on Repeaters
  • Tapping Optical Channels to Extend Transmission Distance
  • Transition from 40 to 100 Gigabit Ethernet
  • Rising Demand for High Bandwidth Applications Bodes Well for Components Market
  • Bandwidth Demand on the Rise
  • Increasing Penetration of Internet Bolsters Fiber Optic Components Market
  • Explosive Growth of Internet Traffic
  • Rise in IP-enabled Devices Necessitates Bandwidth Capacity Expansion
  • Growth in Internet Video to Trigger Use of Deployment of Optical Fiber Cable Systems
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • 3M Company (USA)
  • ABB Ltd. (Switzerland)
  • Amphenol Corp. (USA)
  • ARRIS Group Inc. (USA)
  • Broadcom Inc. (USA)
  • Ciena Corporation (USA)
  • Corning Inc. (USA)
  • Diamond SA (Switzerland)
  • EMCORE Corporation (USA)
  • Fujikura Ltd. (Japan)
  • Furukawa Electric Co., Ltd. (Japan)
  • Hirose Electric Co., Ltd. (Japan)
  • Hitachi Metals, Ltd. (Japan)
  • HUBER+SUHNER AG (Switzerland)
  • Japan Aviation Electronics Industry, Ltd. (Japan)
  • Lumentum Operations LLC (USA)
  • Methode Electronics Inc. (USA)
  • Molex (USA)
  • NEXANS SA (France)
  • Nokia Corporation (Finland)
  • Prysmian Group (Italy)
  • Siemens AG (Germany)
  • Sterlite Technologies Ltd. (India)
  • Sumitomo Electric Industries, Ltd. (Japan)
  • TE Connectivity Ltd. (Switzerland)
  • Tellabs (USA)
  • Valdor Fiber Optics Inc. (Canada)
3. MARKET TRENDS & DRIVERS
  • Advanced Fiber Optics and Use in Next Generation Networks
  • Growing Demand for Fiber Optic Components from Military Sector
  • Rise in Data Storage Networks Sparks Up Demand for Fiber Optic Components
  • Strong Growth on Cards for Passive Optical Components
  • Fiber Optic Connectors - High Potential for Growth
  • Development of Wide Band Multimode Fiber
  • Fiber Optic Amplifiers Rising Steadily
  • Fiber Optic Collimator Lens Assemblies Market in Growth Mode
  • Optical Isolators Market: An Insight
  • Fiber Optic Circulators Market: Dominated by 3-Port Circulators
  • Fiber Optic Fusion Splicer Market - Growth Driven by Asia-Pacific
  • Rising Demand for Fiber Optic Patch Cords Market
  • Global Fiber Optic Sensors Market - An Overview
  • Increasing Acceptance of Fiber Bragg Grating (FBG) Sensors
  • Fiber Optic Sensing: An Ideal Technology for Permanent Reservoir Monitoring
  • Rising Demand for Harsh Environment Fiber Optic Components
  • Fiber Optics Components in Medical Industry - A Thriving Market
  • Fiber Optics to Witness Growth in Avionics Sector
  • Free-Space Optics: An Alternative to Fiber Optic Cables
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 181
Note: Product cover images may vary from those shown
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