Dense Wavelength Division Multiplexer: Global Strategic Business Report

Global Dense Wavelength Division Multiplexer Market to Reach $23.2 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Dense Wavelength Division Multiplexer estimated at US$11.3 Billion in the year 2020, is projected to reach a revised size of US$23.2 Billion by 2027, growing at a CAGR of 10.8% over the analysis period 2020-2027. IT & Telecommunication, one of the segments analyzed in the report, is projected to record a 12.4% CAGR and reach US$11.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Oil & Gas segment is readjusted to a revised 8.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.1 Billion, While China is Forecast to Grow at 14.8% CAGR

The Dense Wavelength Division Multiplexer market in the U.S. is estimated at US$3.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2027 trailing a CAGR of 14.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 9.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.3 Billion by the year 2027.

Military & Defense Segment to Record 9.1% CAGR

In the global Military & Defense segment, USA, Canada, Japan, China and Europe will drive the 9.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.1 Billion in the year 2020 will reach a projected size of US$2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 10.6% CAGR through the analysis period.

Select Competitors (Total 33 Featured) -

• Adtran Inc.
• Adva Optical Networking SE
• Alcatel-Lucent
• Aliathon Technology Ltd.
• Ciena Corporation
• Fujitsu Ltd.
• Infinera Corporation
• ZTE

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