REPORT HIGHLIGHT
Consumer Active Optical Cable Market size was valued at USD 2,678.8 Million in 2022, expanding at a CAGR of 10.8% from 2023 to 2030.
Consumer active optical cables are high-speed cables created for reliable, high-performance transmission of digital signals over greater distances. They are frequently used to link numerous devices, including TVs, monitors, gaming consoles, and audio equipment, in consumer electrical gadgets and home entertainment systems.
Consumer Active Optical Cable Market- Market Dynamics:
Increasing demand for consumer electronics such as HD displays is expected to propel the consumer active optical cable demand.
High-bandwidth connectivity solutions are becoming more necessary as customer demand for high-resolution displays, such as 4K and 8K TVs, gaming monitors, and virtual reality headsets, rises. AOCs facilitate the bandwidth required to support these cutting-edge display technologies, which promotes their uptake. The consumer electronics sector is continuously changing, with new products and innovations are developing. Numerous consumer electronics products, such as TVs, gaming consoles, soundbars, and home theatre systems, use AOCs. The need for AOCs is anticipated to rise as the market for consumer electronics grows.
High-speed data transfer between devices is becoming more and more necessary due to the rise of data-intensive applications and content streaming services. In comparison to conventional copper cables, AOCs provide faster data transfer speeds, making them appropriate for applications requiring dependable and quick data transmission.
Consumer Active Optical Cable Market- Key Insights:
- As per the analysis shared by our research analyst, the global Consumer Active Optical Cable market is estimated to grow annually at a CAGR of around 10.8 % over the forecast period (2023-2030)
- The Consumer Active Optical Cable industry is projected to grow at a significant rate due to the growing focus on consumer electronics.
- Based on Form Factor Type, CFP segment was predicted to show maximum market share in the year 2022.
- Based on End User, consumer electronics segment is expected to hold significant market share by 2030.
- Based on Protocol segmentation, DisplayPort PCI segment was the leading in 2022
- On the basis of region, North America was the leading revenue generator in 2022.
Consumer Active Optical Cable Market- Segmentation Analysis:
The Global Consumer Active Optical Cable Market is segmented on the basis of Protocol, Form Factor Type, End User, and Region.
The market is divided into three categories based on Protocol: DisplayPort PCI, HDMI, and Express (PCIE). The DisplayPort PCI segment dominates the market. Growing demand for display devices is contributing to market growth.
The market is divided into five categories based on Form Factor Type: Cx4, CFP, SFP, CXP, and others. The on-premises segment dominates the market. Increasing need for low power consumption, high performance form factor pluggable is influencing the market growth.
The market is divided into three categories based on End User: data centers, consumer electronics, and others. The consumer electronics segment dominates the market. Consumer Active Optical Cables are widely used display devices, which is increasing the segment growth.
Consumer Active Optical Cable Market- Geographical Insights:
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
Consumer Active Optical Cable Market- Competitive Landscape:
Due to the increasing from consumer electronics sector across the globe, which influence the Consumer Active Optical Cable market. Product developers, including corporate websites, and Form Factor types, are used by businesses to sell their products. Product or technology providers compete on various factors, such as advanced technology, and marketing. reputation, and availability. Some of the primary techniques, and strategies used by corporations to consolidate their reach and grow their market share include new software development, R&D expenditure, developing its distribution network and mergers & acquisitions. Some of the recent developments are mentioned below.
Recent Developments:
In March 2022, Nokia introduced Adaptive Cloud Networking, a cloud-native solution. The Adaptive Cloud Networking solution addresses the needs of the 5G services.
In 2021, BizLink is a manufacturer and supplier of interconnect solutions, such as AOCs. They offer a wide range of AOC products, including HDMI, DisplayPort, and USB AOCs. It focuses on developing reliable and new high-performance AOC solutions.
Key features of the study:
- This proposed research study on Consumer Active Optical Cable market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
- The report provides the client the latest up-to-date and trending insights about the Consumer Active Optical Cable market.
- The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Consumer Active Optical Cable market
- The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Consumer Active Optical Cable market
- Impact of COVID-19 on Consumer Active Optical Cable market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Consumer Active Optical Cable market post-COVID will also be covered.
- In order to give the users of this report a comprehensive view on the Consumer Active Optical Cable market, we have also included competitive landscape and key innovator analysis for the Consumer Active Optical Cable market.
- The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
- The report offers detailed company profiling featuring major market participants which will help users to understand their financial in Protocol and strategic initiatives of players operating in the Consumer Active Optical Cable market.
- In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
- The global Consumer Active Optical Cable market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL CONSUMER ACTIVE OPTICAL CABLE MARKET KEY PLAYERS
- Corning Incorporated
- Finisar
- BizLink Technology
- Molex
- Sumitomo Electric Industries, Ltd.
- 3M
- Amphenol
- Fujikura Ltd.
- Mellanox Technologies
- Broadcom Inc.
- TE Connectivity Ltd.
- Gigalight Technology Co., Ltd.
- Intel Corporation
- InnoLight Technology Corporation
- ColorChip Ltd.
- FCI Electronics
- Avago Technologies
GLOBAL CONSUMER ACTIVE OPTICAL CABLE MARKET, BY PROTOCOL
- DisplayPort PCI
- HDMI
- Express (PCIE)
GLOBAL CONSUMER ACTIVE OPTICAL CABLE MARKET, BY FORM FACTOR TYPE
GLOBAL CONSUMER ACTIVE OPTICAL CABLE MARKET, BY END USER
- Data Centers
- Consumer Electronics
- Others
GLOBAL CONSUMER ACTIVE OPTICAL CABLE MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA