Market Overview:
The global MEMS variable optical attenuators (VOA) market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for optical communication systems and rising need for bandwidth-efficient solutions. Additionally, the growing adoption of cloud services and big data is also fueling the demand for MEMS VOA products. Based on type, the global MEMS VOA market can be segmented into single-mode fiber optical switches and multimode fiber optical switches. Single-mode fiber optic switches are expected to account for a larger share of this market in terms of revenue during the forecast period as compared to multimode fiber optic switches, owing to their higher bandwidth capacity and better performance characteristics as compared to multimode fibers. Based on application, telecom accounted for a major share of the global MEMS VOA market in 2017 due its high demand from service providers across different regions worldwide.
 Industry Outlook.svg)
Product Definition:
MEMS Variable Optical Attenuators (VOA) are devices that use MEMS technology to control the optical power passing through an optical fiber. They are important for controlling the power of optical signals in systems where precision is critical, such as in telecommunications and laser systems.
Single-mode Fiber Optical Switches:
Single-mode fiber optic switches are used in MEMS VOA to reduce the power consumption of the system. The optical switch is a key component of any optical attenuator as it controls and monitors the light intensity. Optical switches are available in two forms, active and passive.
Multimode Fiber Optical Switches:
Multimode fiber optic switches are used in MEMS VOA to reduce the optical power. The multimode fiber is a type of optical fiber that can support data transmission at two different wavelengths of light simultaneously using the principle of phase- modulation. It has a lower bandwidth than single-mode fibers, but it is cheaper and easier to manufacture which makes it suitable for use in short distance applications such as VOA.
Application Insights:
The telecom application segment led the global MEMS variable optical attenuators (VOA) market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing demand for high-speed data transfer services coupled with surging demand for fiber optic communication networks is expected to drive growth over the coming years.
Telecom operators are focusing on deploying VOA solutions in their network infrastructure as it helps them manage traffic, improve quality of service (QoS), and enhance overall performance while reducing operational costs. Furthermore, increasing cloud-based applications, video-on-demand services, and e-commerce has created a huge data requirement which needs to be transmitted through copper wires or optical fibers within a limited bandwidth; this factor will further boost product adoption in telecom sector over the coming years.
The BFSI application segment accounted for more than 15% share of total revenue in 2017 owing to rising adoption by banks.
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 adoption of MEMS VOA and increasing demand for high-quality communication services. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to rising investments in fiber optic infrastructure and rapid growth of telecom industry in developing economies including China, India, Singapore, Thailand among others. Moreover, growing government initiatives such as “Make in India†campaign by Indian Government are expected favorably impact industry growth over next few years.
Europe accounted for a significant share of revenue generated by MEMS VOA market on account of early acceptance and implementation of advanced technologies across various sectors including energy & utilities; transportation & logistics; banking & financial services; healthcare; defense & aerospace among others.
Growth Factors:
- Increasing demand for miniaturized and lightweight optical components in consumer electronics and telecommunications applications
- Growing popularity of fiber-optic communication systems
- Proliferation of data centers and cloud computing infrastructure
- Rising demand for high-speed, low-power optical networking solutions
- Emergence of next-generation 5G wireless networks
Scope Of The Report
Report Attributes
Report Details
Report Title
MEMS Variable Optical Attenuators (VOA) Market Research Report
By Type
Single-mode Fiber Optical Switches, Multimode Fiber Optical Switches
By Application
Telecom, BFSI, Government, Healthcare, Energy & Utilities, Others
By Companies
Fibertronics, Agiltron (Photonwares), DiCon Fiberoptics, Thorlabs, Inc., LEONI, OZ Optics, HUBER+SUHNER, Lumentum, Honeywell, Laser Components, Newport, UTEL, Sercalo Microtechnology, Fibersystem, Senko, Opneti Communications Co., GLsun Science and Tech, BLIY Photoelectric Technology, Flyin Optronics
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 MEMS Variable Optical Attenuators (VOA) Market Report Segments:
The global MEMS Variable Optical Attenuators (VOA) market is segmented on the basis of:
Types
Single-mode Fiber Optical Switches, Multimode Fiber Optical Switches
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
Telecom, BFSI, Government, Healthcare, Energy & Utilities, 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
- Agiltron (Photonwares)
- DiCon Fiberoptics
- Thorlabs, Inc.
- LEONI
- OZ Optics
- HUBER+SUHNER
- Lumentum
- Honeywell
- Laser Components
- Newport
- UTEL
- Sercalo Microtechnology
- Fibersystem
- Senko
- Opneti Communications Co.
- GLsun Science and Tech
- BLIY Photoelectric Technology
- Flyin Optronics
 Market Overview.svg)
Highlights of The MEMS Variable Optical Attenuators (VOA) 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:
- Single-mode Fiber Optical Switches
- Multimode Fiber Optical Switches
- By Application:
- Telecom
- BFSI
- Government
- Healthcare
- Energy & Utilities
- 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 MEMS Variable Optical Attenuators (VOA) 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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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?
MEMS variable optical attenuators (VOA) are a type of electronic device that can be used to control the amount of light that enters a system. This is done by adjusting the size and shape of the device, which in turn changes how much light is allowed to pass through. VOA's are often used in applications where precision or accuracy is important, such as medical devices and imaging systems.
Some of the major companies in the mems variable optical attenuators (voa) market are Fibertronics, Agiltron (Photonwares), DiCon Fiberoptics, Thorlabs, Inc., LEONI, OZ Optics, HUBER+SUHNER, Lumentum, Honeywell, Laser Components, Newport, UTEL, Sercalo Microtechnology, Fibersystem, Senko, Opneti Communications Co., GLsun Science and Tech, BLIY Photoelectric Technology, Flyin Optronics.
The mems variable optical attenuators (voa) market is expected to register a CAGR of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MEMS Variable Optical Attenuators (VOA) 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 MEMS Variable Optical Attenuators (VOA) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 MEMS Variable Optical Attenuators (VOA) 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 MEMS Variable Optical Attenuators (VOA) 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 MEMS Variable Optical Attenuators (VOA) Market Size & Forecast, 2020-2028
4.5.1 MEMS Variable Optical Attenuators (VOA) Market Size and Y-o-Y Growth
4.5.2 MEMS Variable Optical Attenuators (VOA) 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 Single-mode Fiber Optical Switches
5.2.2 Multimode Fiber Optical Switches
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 Telecom
6.2.2 BFSI
6.2.3 Government
6.2.4 Healthcare
6.2.5 Energy & Utilities
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MEMS Variable Optical Attenuators (VOA) 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 MEMS Variable Optical Attenuators (VOA) 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 Single-mode Fiber Optical Switches
9.6.2 Multimode Fiber Optical Switches
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 Telecom
9.10.2 BFSI
9.10.3 Government
9.10.4 Healthcare
9.10.5 Energy & Utilities
9.10.6 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 Single-mode Fiber Optical Switches
10.6.2 Multimode Fiber Optical Switches
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 Telecom
10.10.2 BFSI
10.10.3 Government
10.10.4 Healthcare
10.10.5 Energy & Utilities
10.10.6 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 Single-mode Fiber Optical Switches
11.6.2 Multimode Fiber Optical Switches
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 Telecom
11.10.2 BFSI
11.10.3 Government
11.10.4 Healthcare
11.10.5 Energy & Utilities
11.10.6 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 Single-mode Fiber Optical Switches
12.6.2 Multimode Fiber Optical Switches
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 Telecom
12.10.2 BFSI
12.10.3 Government
12.10.4 Healthcare
12.10.5 Energy & Utilities
12.10.6 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 Single-mode Fiber Optical Switches
13.6.2 Multimode Fiber Optical Switches
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 Telecom
13.10.2 BFSI
13.10.3 Government
13.10.4 Healthcare
13.10.5 Energy & Utilities
13.10.6 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 MEMS Variable Optical Attenuators (VOA) Market: Competitive Dashboard
14.2 Global MEMS Variable Optical Attenuators (VOA) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fibertronics
14.3.2 Agiltron (Photonwares)
14.3.3 DiCon Fiberoptics
14.3.4 Thorlabs, Inc.
14.3.5 LEONI
14.3.6 OZ Optics
14.3.7 HUBER+SUHNER
14.3.8 Lumentum
14.3.9 Honeywell
14.3.10 Laser Components
14.3.11 Newport
14.3.12 UTEL
14.3.13 Sercalo Microtechnology
14.3.14 Fibersystem
14.3.15 Senko
14.3.16 Opneti Communications Co.
14.3.17 GLsun Science and Tech
14.3.18 BLIY Photoelectric Technology
14.3.19 Flyin Optronics
