Market Research Report
Optical Modulators Market by Application and Geography - Global Forecast and Analysis 2019-2023
|Optical Modulators Market by Application and Geography - Global Forecast and Analysis 2019-2023|
Published: September 16, 2019
TechNavio (Infiniti Research Ltd.)
Content info: 143 Pages
Delivery time: 1-2 business days
Global Optical Modulators Market: About this market
Technavio's optical modulators market analysis considers sales from telecommunications, data centers, CATV, and other applications. Our analysis report also considers finds the sales of optical modulators in APAC, Europe, MEA, North America, and South America. In 2018, the telecommunications segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as advances in the telecommunication industry will play a significant role in the telecommunications segment to maintain its market position. Also, our global optical modulators market report looks at factors such as the growing demand for fiber-coupled integrated optical modulators, increasing demand for cloud-based storage, and growing demand for optic fibers. However, low reliability on optical modulators for spaceflights, limitations of optical modulators, and high operating cost for managing optical modulators may hamper the growth of the optical modulators industry over the forecast period.
Global Optical Modulators Market: Overview
Growing demand for optical fibers
Optic fibers have excellent data transmission capacity and superior quality. The adoption of optic fibers is increasing with the rise in data transmission by network storage systems, computers, and high-performance servers. This is fueling the need for optical modulators as they are used to modulate a beam of light in optic fibers. This will lead to the expansion of the global optical modulators market at a CAGR of over 7% during the forecast period.
The growing use of optical modulators in smart homes
The adoption of optical modulators in smart homes is increasing because they offer high-bandwidth signal for long-distances. Optical modulators have scalability and unlimited bandwidth capacity that helps in supporting a large amount of data. Vendors have started offering optical modulators that can efficiently control and monitor a wide range of applications such as security, access control, home monitoring, and home care in smart homes. This development is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global optical modulators market during the forecast period 2019-2023, click here.
With the presence of several major players, the global optical modulators market is fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading optical modulators manufacturers, that include Agiltron Inc., Cisco Systems Inc., Fujikura Ltd., Gooch & Housego Plc, IBM Corp., Intel Corp., Jenoptik AG, Lumentum Holdings Inc., MKS Instruments Inc., and Thorlabs Inc.
Also, the optical modulators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.