PUBLISHER: Allied Market Research | PRODUCT CODE: 1140159
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140159
The global lithium niobate modulator market was valued at $3,714.3 million in 2021 and is projected to reach $6,542.6 million by 2030, growing at a CAGR of 6.74% from 2022 to 2030.
Because of the increased use of lithium niobate modulators in IT and telecommunications, as well as aerospace and defence, the market for lithium niobate modulator has significantly grown. The use of lithium modulators in wireless LAN services, 3G and VoLTE networks to provide high-speed internet services has seen significant growth in the communication sector. These factors are anticipated to boost the lithium niobate modulators market growth.
Customers are turning to alternative modulators due to the high price of lithium niobate modulators, which is expected to hamper the lithium niobate modulator market growth during the forecast period.
The developed and developing economies have increased their demand for lithium niobate integrated modulators because this modulator is a powerful tool for digital communication, broadcasting, and analogue data transition services. The lithium niobate modulator technology is the most reliable and mature in aerospace & defense, and these modulators are used for fibre optic communication and longer distance transmissions. These factors are expected to drive the lithium niobate modulators market in the aerospace and defence sectors.
The global lithium niobate modulator market is segmented on the basis of type, wavelength window, application, end-use and region. Based on type, the market has been divided into 10 GHz, 20 GHz, 40 GHz, and Others. Based on wavelength window, the market has been divided into 800 nm, 1060 nm, 1300 nm, 1550 nm, and others. Based on application, the market is divided into phase keyed optical communications, spectrum broadening, interferometric sensing, quantum key distribution and others. Based on end-use, the market has been divided into IT & Telecom, aerospace & defense, industrial, research and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report include: iXblue Group, Gooch & House plc, Fujitsu Optical Components Ltd, THORLABS, Beijing Panwoo Integrated Optoelectronic Inc., Fabrinet Inc., Lumentum Operations LLC, and EOSPACE, Inc.
By Type
By Wavelength Window
By Application
By End Use
By Region
By Application
By End Use
By Type
By Wavelength Window
By Region