Market Overview:
The global fiber optic converters market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fiber optic converters in optical network, PC, automatic controls, and industrial applications. Additionally, the growing demand for fiber optic converters in the Middle East & Africa and Asia Pacific regions is also contributing to the growth of this market. However, factors such as high installation cost and lack of awareness about benefits offered by fiber optic converters are restraining the growth of this market.
Product Definition:
A fiber optic converter is a device that converts an optical signal into an electrical signal, or vice versa. This type of converter is often used in telecommunications applications to connect different types of optical fibers. Fiber optic converters are important for telecommunications because they allow different types of optical signals to be transmitted over the same fiber cable.
100M:
100M is a long distance optical fiber cable. It has the ability to carry data signals over very long distances with ease. Fiber optic cables are used for providing high bandwidth, low latency, and reliability in communication systems. 100M can be used for short-range local area network (LAN) connections up to 10Gbps; it is also suitable for longer range applications such as telecommunication links and metropolitan area networks (MANs).
10/100M Adaptive:
The 10/100M adaptive is a networking device that enables automatic selection of the best-suited network interface card for any particular computer system. It is primarily used in fiber optic converters, which are used to extend the distance between systems and networks. The primary function of a 100 Mbps or 1 Gbps Ethernet switch is to forward data packets across an ethernet medium by using Media Independent Interface (MII) pins on the rear panel.
Application Insights:
The global demand for fiber optic converters has witnessed a paradigm shift due to the growing demand for high-speed data transfer and communication. The optic network application segment accounted for the largest market share in 2017, owing to its wide applications in telecom & IT, government & defense, and other sectors. It is also expected to witness lucrative growth over the forecast period owing to increasing adoption of cloud services which require high bandwidth.
The PC application segment is expected register significant growth over the forecast period as it offers higher efficiency than conventional modems at a lower cost per bit. Fiber optics offer enhanced performance with less power consumption enabling low cost long distance telecommunication through optical networking among others.
Fiber optics are used extensively across automatic control systems as they provide increased transmission speed.
Regional Analysis:
North America dominated the global market in 2017 owing to early technology adoption by key industry players and high disposable income of consumers. The region is expected to continue its dominance over the forecast period due to increasing investments in new optic network technologies, such as 10Gigabit Ethernet (10GE) and 40Gigabit per second (40Gb/s) fiber-optic cables.
Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 owing with growing demand for advanced products for data centers, telecom equipment, medical devices & sensors and industrial applications. Increasing penetration of fiber optics in metro areas will also drive growth over the coming years. China led this regional market with largest production capacity followed by Japan due to mass production capability at low cost along with favorable government policies encouraging domestic manufacturing activities favoring Optics Valley of China located in Hebei Province which houses several manufacturers including Fujitsu Ltd., Shintech Co., Ltd., Lumentra Systems Inc., etc.
Growth Factors:
- Increasing demand for high-speed internet: The growth of Fiber Optic Converters market is mainly attributed to the increasing demand for high-speed internet across the globe. With the growing penetration of smartphones, laptops, and other connected devices, there is a surge in the demand for high-speed internet connectivity. This is fueling the growth of Fiber Optic Converters market.
- Proliferation of data centers: The proliferation of data centers across the globe is another major factor driving the growth of Fiber Optic Converters market. Data centers are witnessing a surge in adoption due to rising need for storage and computing capacity to handle large volumes of data traffic generated by various applications such as big data, cloud computing, and others. This is resulting in an increase in demand for fiber optic converters to connect different devices within these data centers.
- Growing popularity of 4K video streaming: The growing popularity 4K video streaming is also contributing significantly tothegrowthofFiberOpticConvertermarketasitrequireshighbandwidthandreliableconnectivitytoensuresmoothstreamingexperiencefortheviewers .Thisisthusdrivingthedemandforfiberopticcablesandconvertersamongstconsumersandserviceproviders alike .
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiber Optic Converters Market Research Report
By Type
100M, 10/100M Adaptive
By Application
Optic Network, PC, Automatic Controls, Industrial, Others
By Companies
Evertz, Schmid & Partner Engineering AG, Siemens, Coherent, Thorlab, ComNet, Fibersystem, Highland Technology, RFL, Amphenol Fiber Systems International (AFSI), 3onedata Co.,Ltd., LTB Lasertechnik Berlin GmbH, MPL, Tense, BrightEye, Nevion, Canare Corp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Fiber Optic Converters Market Report Segments:
The global Fiber Optic Converters market is segmented on the basis of:
Types
100M, 10/100M Adaptive
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Optic Network, PC, Automatic Controls, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Evertz
- Schmid & Partner Engineering AG
- Siemens
- Coherent
- Thorlab
- ComNet
- Fibersystem
- Highland Technology
- RFL
- Amphenol Fiber Systems International (AFSI)
- 3onedata Co.,Ltd.
- LTB Lasertechnik Berlin GmbH
- MPL
- Tense
- BrightEye
- Nevion
- Canare Corp
Highlights of The Fiber Optic Converters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 100M
- 10/100M Adaptive
- By Application:
- Optic Network
- PC
- Automatic Controls
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fiber Optic Converters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fiber optic converters are devices that use light to convert electrical signals into optical signals. This allows them to send data over long distances without losing quality. Fiber optic converters are often used in telecommunications applications, such as cable TV and internet service providers.
Some of the major players in the fiber optic converters market are Evertz, Schmid & Partner Engineering AG, Siemens, Coherent, Thorlab, ComNet, Fibersystem, Highland Technology, RFL, Amphenol Fiber Systems International (AFSI), 3onedata Co.,Ltd., LTB Lasertechnik Berlin GmbH, MPL, Tense, BrightEye, Nevion, Canare Corp.
The fiber optic converters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fiber Optic Converters Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Fiber Optic Converters Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Fiber Optic Converters Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Fiber Optic Converters Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Fiber Optic Converters Market Size & Forecast, 2018-2028 4.5.1 Fiber Optic Converters Market Size and Y-o-Y Growth 4.5.2 Fiber Optic Converters Market Absolute $ Opportunity
Chapter 5 Global Fiber Optic Converters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fiber Optic Converters Market Size Forecast by Type
5.2.1 100M
5.2.2 10/100M Adaptive
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fiber Optic Converters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fiber Optic Converters Market Size Forecast by Applications
6.2.1 Optic Network
6.2.2 PC
6.2.3 Automatic Controls
6.2.4 Industrial
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiber Optic Converters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fiber Optic Converters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fiber Optic Converters Analysis and Forecast
9.1 Introduction
9.2 North America Fiber Optic Converters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fiber Optic Converters Market Size Forecast by Type
9.6.1 100M
9.6.2 10/100M Adaptive
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fiber Optic Converters Market Size Forecast by Applications
9.10.1 Optic Network
9.10.2 PC
9.10.3 Automatic Controls
9.10.4 Industrial
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fiber Optic Converters Analysis and Forecast
10.1 Introduction
10.2 Europe Fiber Optic Converters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fiber Optic Converters Market Size Forecast by Type
10.6.1 100M
10.6.2 10/100M Adaptive
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fiber Optic Converters Market Size Forecast by Applications
10.10.1 Optic Network
10.10.2 PC
10.10.3 Automatic Controls
10.10.4 Industrial
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fiber Optic Converters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fiber Optic Converters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fiber Optic Converters Market Size Forecast by Type
11.6.1 100M
11.6.2 10/100M Adaptive
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fiber Optic Converters Market Size Forecast by Applications
11.10.1 Optic Network
11.10.2 PC
11.10.3 Automatic Controls
11.10.4 Industrial
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fiber Optic Converters Analysis and Forecast
12.1 Introduction
12.2 Latin America Fiber Optic Converters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fiber Optic Converters Market Size Forecast by Type
12.6.1 100M
12.6.2 10/100M Adaptive
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fiber Optic Converters Market Size Forecast by Applications
12.10.1 Optic Network
12.10.2 PC
12.10.3 Automatic Controls
12.10.4 Industrial
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fiber Optic Converters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fiber Optic Converters Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fiber Optic Converters Market Size Forecast by Type
13.6.1 100M
13.6.2 10/100M Adaptive
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fiber Optic Converters Market Size Forecast by Applications
13.10.1 Optic Network
13.10.2 PC
13.10.3 Automatic Controls
13.10.4 Industrial
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fiber Optic Converters Market: Competitive Dashboard
14.2 Global Fiber Optic Converters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Evertz
14.3.2 Schmid & Partner Engineering AG
14.3.3 Siemens
14.3.4 Coherent
14.3.5 Thorlab
14.3.6 ComNet
14.3.7 Fibersystem
14.3.8 Highland Technology
14.3.9 RFL
14.3.10 Amphenol Fiber Systems International (AFSI)
14.3.11 3onedata Co.,Ltd.
14.3.12 LTB Lasertechnik Berlin GmbH
14.3.13 MPL
14.3.14 Tense
14.3.15 BrightEye
14.3.16 Nevion
14.3.17 Canare Corp