Global
passive optical network equipment market was valued at USD 10.01
billion in 2013, growing at a CAGR of 21.1% from 2014 to 2020 to
account for USD 38.19 billion in 2020.
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Accelerating
bandwidth requirements across the Asia Pacific and Rest of the World
regions coupled with the growth of Passive Optical Networks (PON) in
the Asia Pacific region are propelling the passive optical components
market. Furthermore, usage of passive optical components to obtain
energy efficient network solutions are gaining popularity and thus
driving the passive optical components market. In addition, high
investments in research infrastructure and in the field of fiber
optic technology globally are also bolstering the growth of passive
optical components market. These factors are thus expected to
reinforce the passive optical components market in the years to come.
The
wavelength division multiplexers/de-multiplexers leads the components
market share in the year 2013. Furthermore, patch cords and pigtails
trailed the wavelength division multiplexers/de-multiplexers in the
year 2013 by accounting for 12.73% of the global market share. Their
market is driven by the emergence of ultra-high-capacity optical
networks, wherein these components are primarily used. The optical
amplifiers and optical attenuators market were analyzed to grow at a
CAGR of 22.0% and 21.8%, respectively, owing to the insatiable demand
for communication bandwidth of the internet and growth in fiberoptic
technologies at an unprecedented pace.
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The
SONET and SDH application segments lead the global passive optical
components applications market share in the year 2013, owing to their
ability to transfer multiple digital bit streams over optical fiber
using light-emitting diodes or lasers. SONET equipment is generally
used in North America whereas SDH equipment is generally accepted
everywhere else in the world. Thus, the SONET and SDH applications
segments are expected to grow at a CAGR of 22.8% and 22.7%,
respectively, and are expected to continue their dominance over the
forecast period of 2014 to 2020.
The
rising growth in networking technologies in the Asia-Pacific and Rest
of the World regions coupled with rising fiber deployments as well as
increased investments in technological advancements and research
infrastructure across both the regions is propelling the passive
optical components market growth. Hence, the dominance of
Asia-Pacific in the passive optical components market is expected to
continue over the forecast period, followed by North America and
Europe.
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Press Release Of Passive Optical Components Market
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The
report provides company market share analysis of various industry
participants. Key players have also been profiled on the basis of
company overview, financial overview, business strategies, SWOT
analysis, and recent developments in the field of passive optical
components. Major market participants profiled in this report include
Alliance Fiber Optic Products Inc., OPTOKON, Qualcomm Atheros, and
JDSU among others.
Passive
optical components market: By components
- 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
- Wavelength Division Multiplexers/De-multiplexers
- Others
Passive
optical components market: By application
- Interoffice
- Fiber In The Loop (FITL)
- Loop feeder
- Synchronous Optical Network (SONET)
- Hybrid Fiber-Coaxial Cable (HFC)
- Synchronous Digital Hierarchy (SDH) systems
Passive
optical components market: By geography
- North America
- Europe
- Asia-Pacific
- Rest of the World
The
report also provides a cross-sectional analysis for all the above
segments with respect to the above mentioned regions.
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