PUBLISHER: IMARC | PRODUCT CODE: 1298739
PUBLISHER: IMARC | PRODUCT CODE: 1298739
Optical Switches Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global optical switches market size reached US$ 6.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.8 Billion by 2028, exhibiting a growth rate (CAGR) of 11.8% during 2023-2028.
Optical switches enable signals in optical fibers or integrated optical circuits (IOCs) to switch selectively from one circuit to another. They operate via electro- or magneto-optic effects or through mechanical methods like physically shifting an optical fiber for driving one or more alternative fibers. They can transmit light signals between different channels in communication networks. At present, optical switches are employed in the retail, manufacturing, defense, telecommunications, and banking, financial services and insurance (BFSI) industries worldwide.
Optical Switches Market Trends:
The increasing automation in different industry verticals represents one of the key factors driving the market. Moreover, optical switches are used in high-speed networks, wherein large switches are required for handling enormous traffic. They also find extensive applications in external modulators, network monitors, optical cross-connects (OXCs), optical add-drop multiplexers (OADM), and fiber optic component testing. Besides this, they are utilized in fiber communication systems for restoration, wavelength routing, and fiber management. In addition, when a fiber fails, optical switches allow signals to be rerouted to another fiber before the problem occurs, and consequently, they are utilized for switching protection. This, along with rising technological advancements, is impelling the growth of the market. Apart from this, optical switches include slow optical switches, which are used for alternate routing of an optical transmission path, such as routing around a fault. They also comprise fast optical switches that further find application in performing logic operations. Additionally, rapid improvements in hardware for reconfigurable optical networks have resulted in the development of more scalable optical switches with faster response times. This, coupled with the rising focus on digital transformation around the world, is positively influencing the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global optical switches market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, enterprise size, application and industry vertical.
Breakup by Type:
Electro-Optic Switching
Acousto-Optic Switching
Thermo-Optic Switching
Liquid Crystal-Based Switching
Mems-Based Switching
Others
Breakup by Enterprise Size:
Small and Medium-sized Enterprise
Large Enterprises
Breakup by Application:
Circuit Switching
Testing
Multiplexing
Cross-Connects
Signal Monitoring
Breakup by Industry Vertical:
Government and Defense
IT and Telecom
BFSI
Retail
Manufacturing
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agiltron Inc., D-Link Corporation, EMCORE Corporation, Fujitsu Limited, Furukawa Electric Co. Ltd., Huawei Technologies Co. Ltd., Juniper Networks Inc., Keysight Technologies Inc., Nokia Corporation, NTT Advanced Technology Corporation (The Nippon Telegraph and Telephone Corporation), OMRON Corporation and Yokogawa Electric Corporation.
Key Questions Answered in This Report
1. What was the size of the global optical switches market in 2022?
2. What is the expected growth rate of the global optical switches market during 2023-2028?
3. What are the key factors driving the global optical switches market?
4. What has been the impact of COVID-19 on the global optical switches market?
5. What is the breakup of the global optical switches market based on the type?
6. What is the breakup of the global optical switches market based on the application?
7. What are the key regions in the global optical switches market?
8. Who are the key players/companies in the global optical switches market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Optical Switches Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Electro-Optic Switching
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Acousto-Optic Switching
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Thermo-Optic Switching
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Liquid Crystal-Based Switching
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Mems-Based Switching
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Enterprise Size
- 7.1 Small and Medium-sized Enterprise
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Large Enterprises
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Circuit Switching
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Testing
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Multiplexing
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Cross-Connects
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Signal Monitoring
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Industry Vertical
- 9.1 Government and Defense
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 IT and Telecom
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 BFSI
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Retail
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Manufacturing
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Others
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Agiltron Inc.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 D-Link Corporation
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 EMCORE Corporation
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Fujitsu Limited
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Furukawa Electric Co. Ltd.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Huawei Technologies Co. Ltd.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Juniper Networks Inc.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 Keysight Technologies Inc.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Nokia Corporation
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 NTT Advanced Technology Corporation (The Nippon Telegraph and Telephone Corporation)
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 OMRON Corporation
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Yokogawa Electric Corporation
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.1 Agiltron Inc.
List of Figures
- Figure 1: Global: Optical Switches Market: Major Drivers and Challenges
- Figure 2: Global: Optical Switches Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Optical Switches Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Optical Switches Market: Breakup by Type (in %), 2022
- Figure 5: Global: Optical Switches Market: Breakup by Enterprise Size (in %), 2022
- Figure 6: Global: Optical Switches Market: Breakup by Application (in %), 2022
- Figure 7: Global: Optical Switches Market: Breakup by Industry Vertical (in %), 2022
- Figure 8: Global: Optical Switches Market: Breakup by Region (in %), 2022
- Figure 9: Global: Optical Switches (Electro-Optic Switching) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Optical Switches (Electro-Optic Switching) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Optical Switches (Acousto-Optic Switching) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Optical Switches (Acousto-Optic Switching) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Optical Switches (Thermo-Optic Switching) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Optical Switches (Thermo-Optic Switching) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Optical Switches (Liquid Crystal-Based Switching) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Optical Switches (Liquid Crystal-Based Switching) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Optical Switches (Mems-Based Switching) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Optical Switches (Mems-Based Switching) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Optical Switches (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Optical Switches (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Optical Switches (Small and Medium-sized Enterprise) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Optical Switches (Small and Medium-sized Enterprise) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Optical Switches (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Optical Switches (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Optical Switches (Circuit Switching) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Optical Switches (Circuit Switching) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Optical Switches (Testing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Optical Switches (Testing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Optical Switches (Multiplexing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Optical Switches (Multiplexing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Optical Switches (Cross-Connects) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Optical Switches (Cross-Connects) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Optical Switches (Signal Monitoring) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Optical Switches (Signal Monitoring) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Optical Switches (Government and Defense) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Optical Switches (Government and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Global: Optical Switches (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Global: Optical Switches (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Global: Optical Switches (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Global: Optical Switches (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Global: Optical Switches (Retail) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Global: Optical Switches (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Global: Optical Switches (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Global: Optical Switches (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Global: Optical Switches (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Global: Optical Switches (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: North America: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: North America: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: United States: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: United States: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Canada: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Canada: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Asia-Pacific: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Asia-Pacific: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: China: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: China: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Japan: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Japan: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: India: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: India: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: South Korea: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: South Korea: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Australia: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Australia: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Indonesia: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Indonesia: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Others: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Others: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Europe: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Europe: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Germany: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Germany: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: France: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: France: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: United Kingdom: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: United Kingdom: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Italy: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Italy: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Spain: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Spain: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Russia: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Russia: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Others: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 84: Others: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 85: Latin America: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 86: Latin America: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 87: Brazil: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 88: Brazil: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 89: Mexico: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 90: Mexico: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 91: Others: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 92: Others: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 93: Middle East and Africa: Optical Switches Market: Sales Value (in Million US$), 2017 & 2022
- Figure 94: Middle East and Africa: Optical Switches Market: Breakup by Country (in %), 2022
- Figure 95: Middle East and Africa: Optical Switches Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 96: Global: Optical Switches Industry: SWOT Analysis
- Figure 97: Global: Optical Switches Industry: Value Chain Analysis
- Figure 98: Global: Optical Switches Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Optical Switches Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Optical Switches Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Optical Switches Market Forecast: Breakup by Enterprise Size (in Million US$), 2023-2028
- Table 4: Global: Optical Switches Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Optical Switches Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
- Table 6: Global: Optical Switches Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Optical Switches Market: Competitive Structure
- Table 8: Global: Optical Switches Market: Key Players
