Market Overview:
The global fiber optic switches market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for fiber optic switches from various end-use industries, such as IT & telecommunication, aerospace & defence, energy & utilities, healthcare & life sciences, and others. In terms of type, the 2 port fiber optic switches segment is expected to hold a major share in the global market during the forecast period. This can be attributed to its low cost and easy installation as compared to other types of fiber optic switches available in the market.
Product Definition:
A fiber optic switch is a device that can selectively direct light signals along fibers in a telecommunications network. Fiber optic switches are important because they allow the construction of more efficient networks, and they also make it possible to manage traffic on those networks more effectively.
2 Port Fiber Optic Switches:
2-Port Fiber Optic Switch is a device that enables two fiber optic channels to operate simultaneously. It's main applications are in data centers and telecommunication networks. 2-port fiber optic switches are widely used for high bandwidth communication such as long haul and metro network applications due to its capability of operating at very high speed (10Gbps).
4 Port Fiber Optic Switches:
4 port fiber optic switches are used to connect four optical fibers in a network. It is mainly used for the distribution of data traffic across different networks. Fiber optic switch is an electronic device that controls and monitors the flow of information or signals along a single glass fiber, or multiple fibers together known as multi-fiber connectivity (MFC).
The 4-port fiber optic switch has four ports where each port can connect with another similar device to form a network.
Application Insights:
The IT & telecommunication segment dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growing demand for high-speed data transfer and communication services across various industries such as IT, telecom, BFSI, healthcare is anticipated to drive product demand. Furthermore, increasing cloud-based applications and e-commerce transactions are further driving the need for fiber optic switches in this application segment.
The aerospace & defense application segment accounted for a significant market share of more than 15% in 2017 owing to increasing investments by major players such as Boeing Corporation; Airbus SE; Embraer S.A.; Bombardier Inc.; Cessna Aircraft Company; General Dynamics Corporation; Gulfstream Aerospace Corporation etc., towards research & development activities related to aircraft interiors and exteriors including lighting systems, inflight entertainment systems etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well owing to early technology adoption by manufacturers and increased government spending on defense & security sector. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to increasing number of data centers in this region, coupled with rising IT infrastructure spending. Moreover, growing demand for high-speed internet services and favorable government policies are also driving industry growth in APAC region. Europe has also been witnessing significant growth since past few years on account of technological advancements such as fiber optic communication systems used for telecommunication purposes along with their applications across various end-use industries such as healthcare & life sciences, energy & utilities, transportation etc.
Growth Factors:
- Increasing demand for high-speed internet: The growth of Fiber Optic Switches market is mainly attributed to the increasing demand for high-speed internet across the globe. With the growing number of online users and businesses, there is an increased need for faster and reliable internet connectivity. This is driving the adoption of fiber optic switches in data centers and other networking applications.
- Proliferation of cloud services: The growth of cloud services is another major factor that is driving the adoption of fiber optic switches. Cloud services are becoming increasingly popular due to their ability to provide on-demand access to computing resources, storage, and applications from anywhere in the world. This is resulting in an increase in network traffic, which is fueling demand for fiber optic switches that can handle large amounts of data quickly and reliably.
- Growing popularity of big data analytics: The growth of big data analytics has created a need for faster and more efficient networking solutions that can handle large volumes if data quickly and reliably . Fiber optic switches are well suited for this task as they can transmit large amounts off information at speeds up to 100 Gbps . This makes them ideal for big data applications such as real-time streaming analytics, machine learning, etc .
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiber Optic Switches Market Research Report
By Type
2 Port Fiber Optic Switches, 4 Port Fiber Optic Switches, 6 Port Fiber Optic Switches, 8 Port Fiber Optic Switches, Others
By Application
IT & Telecommunication, Aerospace & Defence, Energy & Utilities, Healthcare & Life Sciences, Others
By Companies
Fibertronics Inc., Honeywell International Inc., Black Box Corporation, Fibersystem AB, Agiltron Inc., Laser Components, Sercalo Microtechnology Limited, HUBER+SUHNER
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Fiber Optic Switches Market Report Segments:
The global Fiber Optic Switches market is segmented on the basis of:
Types
2 Port Fiber Optic Switches, 4 Port Fiber Optic Switches, 6 Port Fiber Optic Switches, 8 Port Fiber Optic Switches, Others
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
IT & Telecommunication, Aerospace & Defence, Energy & Utilities, Healthcare & Life Sciences, 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:
- Fibertronics Inc.
- Honeywell International Inc.
- Black Box Corporation
- Fibersystem AB
- Agiltron Inc.
- Laser Components
- Sercalo Microtechnology Limited
- HUBER+SUHNER
Highlights of The Fiber Optic Switches 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:
- 2 Port Fiber Optic Switches
- 4 Port Fiber Optic Switches
- 6 Port Fiber Optic Switches
- 8 Port Fiber Optic Switches
- Others
- By Application:
- IT & Telecommunication
- Aerospace & Defence
- Energy & Utilities
- Healthcare & Life Sciences
- 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 Switches 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 switches are a type of electronic switch that uses light to control the flow of electricity. Fiber optic switches are often used in telecommunications and networking applications because they can transmit data more quickly and reliably than traditional electrical switches.
Some of the key players operating in the fiber optic switches market are Fibertronics Inc., Honeywell International Inc., Black Box Corporation, Fibersystem AB, Agiltron Inc., Laser Components, Sercalo Microtechnology Limited, HUBER+SUHNER.
The fiber optic switches market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fiber Optic Switches 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 Switches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fiber Optic Switches 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 Switches 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 Switches Market Size & Forecast, 2020-2028
4.5.1 Fiber Optic Switches Market Size and Y-o-Y Growth
4.5.2 Fiber Optic Switches Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 2 Port Fiber Optic Switches
5.2.2 4 Port Fiber Optic Switches
5.2.3 6 Port Fiber Optic Switches
5.2.4 8 Port Fiber Optic Switches
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 IT & Telecommunication
6.2.2 Aerospace & Defence
6.2.3 Energy & Utilities
6.2.4 Healthcare & Life Sciences
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiber Optic Switches 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 Switches 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 2 Port Fiber Optic Switches
9.6.2 4 Port Fiber Optic Switches
9.6.3 6 Port Fiber Optic Switches
9.6.4 8 Port Fiber Optic Switches
9.6.5 Others
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 Market Size Forecast by Applications
9.10.1 IT & Telecommunication
9.10.2 Aerospace & Defence
9.10.3 Energy & Utilities
9.10.4 Healthcare & Life Sciences
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 2 Port Fiber Optic Switches
10.6.2 4 Port Fiber Optic Switches
10.6.3 6 Port Fiber Optic Switches
10.6.4 8 Port Fiber Optic Switches
10.6.5 Others
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 Market Size Forecast by Applications
10.10.1 IT & Telecommunication
10.10.2 Aerospace & Defence
10.10.3 Energy & Utilities
10.10.4 Healthcare & Life Sciences
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 2 Port Fiber Optic Switches
11.6.2 4 Port Fiber Optic Switches
11.6.3 6 Port Fiber Optic Switches
11.6.4 8 Port Fiber Optic Switches
11.6.5 Others
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 Market Size Forecast by Applications
11.10.1 IT & Telecommunication
11.10.2 Aerospace & Defence
11.10.3 Energy & Utilities
11.10.4 Healthcare & Life Sciences
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 2 Port Fiber Optic Switches
12.6.2 4 Port Fiber Optic Switches
12.6.3 6 Port Fiber Optic Switches
12.6.4 8 Port Fiber Optic Switches
12.6.5 Others
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 Market Size Forecast by Applications
12.10.1 IT & Telecommunication
12.10.2 Aerospace & Defence
12.10.3 Energy & Utilities
12.10.4 Healthcare & Life Sciences
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 2 Port Fiber Optic Switches
13.6.2 4 Port Fiber Optic Switches
13.6.3 6 Port Fiber Optic Switches
13.6.4 8 Port Fiber Optic Switches
13.6.5 Others
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) Market Size Forecast by Applications
13.10.1 IT & Telecommunication
13.10.2 Aerospace & Defence
13.10.3 Energy & Utilities
13.10.4 Healthcare & Life Sciences
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 Switches Market: Competitive Dashboard
14.2 Global Fiber Optic Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fibertronics Inc.
14.3.2 Honeywell International Inc.
14.3.3 Black Box Corporation
14.3.4 Fibersystem AB
14.3.5 Agiltron Inc.
14.3.6 Laser Components
14.3.7 Sercalo Microtechnology Limited
14.3.8 HUBER+SUHNER
