Market Overview:
The global optical communication components market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-speed internet and data transmission across different applications such as automotive, aerospace, shipping, and others. Additionally, the growing trend of miniaturization is also contributing to the growth of this market. Based on type, the global optical communication components market can be segmented into one direction of rotation and two directions of rotation. The two directions of rotation segment is expected to grow at a higher CAGR during the forecast period from 2018 to 2030 owing to its advantages such as increased bandwidth and reduced latency. Based on application, the global optical communication components market can be segmented into automotive, aircrafts, ships, and others (including telecom towers and data centers).
Product Definition:
Optical communication components are the devices which are used to transmit and receive optical signals. They include optical fibers, connectors, adapters, and attenuators. The importance of optical communication components is that they can carry large amounts of data over long distances with little distortion.
One Direction of Rotation:
One Direction of Rotation (ODR) is a method to determine the light propagation in an optical fiber. It helps to calculate the angle of rotation, which is used in various applications such as cable protection and bend radius measurement. ODR also plays an important role while designing passive optical components such as splitters, combiners and connectors.
Two Directions of Rotation:
The two directions of rotation are referred to as right and left circular or clockwise and anticlockwise or counter-clockwise. In optical communication components, these two directions are used for the purpose of maintaining a consistent signal strength throughout the system. Optical fibers that are installed in an array form a network by connecting many nodes together; each fiber has an optic at one end and the other end is connected to an array node.
Application Insights:
The others application segment includes construction, infrastructure, and other applications. Other than the aforementioned applications, optical communication components are used in a variety of end-use industries including healthcare, security & surveillance and telecommunication. The growing adoption of OCC across various application areas is expected to drive the global market over the forecast period.
The automotive sector accounted for more than 20% share in 2017 owing to its rising penetration across vehicle interiors as well as vehicle exteriors. Increasingly sophisticated automobile manufacturing processes have led to an increased demand for high-speed data connectivity between car components such as entertainment systems and navigation systems with external devices such as smartphones via wireless internet connections or 4G LTE modems integrated into vehicles. This has further driven the need for Optical Communication Components (OCC) within automobiles which is likely to fuel market growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of OEMs and ODM service providers in this region. Moreover, increasing demand for high-quality products with better performance is expected to drive regional growth over the forecast period.
Asia Pacific is projected to witness significant growth over the next eight years owing to rapid development taking place in various sectors such as aerospace & defense, automotive, communication satellites etc., especially in countries such as China and India. In addition, growing investments by companies operating within these sectors are anticipated to fuel regional product demand over the forecast period.
Growth Factors:
- Increasing demand for high-speed internet and data transmission
- Growing number of data centers and cloud-based services
- Proliferation of 5G networks and the Internet of Things (IoT)
- Development of advanced optical communication technologies
- Rising demand for fiber optic cables in telecom and datacom applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Communication Components Market Research Report
By Type
One Direction of Rotation, Two Directions of Rotation
By Application
Automotive, Aircraft, Ship, Others
By Companies
HORIBA, Froude, Kahn Industries, Taylor Dynamometer, POWERLINK, AVL List, SuperFlow, SAJ Test Plant, Power Test, Sierra Instruments
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Optical Communication Components Market Report Segments:
The global Optical Communication Components market is segmented on the basis of:
Types
One Direction of Rotation, Two Directions of Rotation
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
Automotive, Aircraft, Ship, 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:
- HORIBA
- Froude
- Kahn Industries
- Taylor Dynamometer
- POWERLINK
- AVL List
- SuperFlow
- SAJ Test Plant
- Power Test
- Sierra Instruments
Highlights of The Optical Communication Components 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:
- One Direction of Rotation
- Two Directions of Rotation
- By Application:
- Automotive
- Aircraft
- Ship
- 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 Optical Communication Components 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
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?
Optical communication components are devices and systems that use light to transmit information. Optical signals can travel through the air, water, or other media more easily than electrical signals. This makes optical communication systems faster and more reliable than traditional electronic communications systems.
Some of the major companies in the optical communication components market are HORIBA, Froude, Kahn Industries, Taylor Dynamometer, POWERLINK, AVL List, SuperFlow, SAJ Test Plant, Power Test, Sierra Instruments.
The optical communication components market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optical Communication Components 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 Optical Communication Components Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Communication Components 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 Optical Communication Components 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 Optical Communication Components Market Size & Forecast, 2020-2028
4.5.1 Optical Communication Components Market Size and Y-o-Y Growth
4.5.2 Optical Communication Components 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 One Direction of Rotation
5.2.2 Two Directions of Rotation
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 Automotive
6.2.2 Aircraft
6.2.3 Ship
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Communication Components 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 Optical Communication Components 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 One Direction of Rotation
9.6.2 Two Directions of Rotation
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 Automotive
9.10.2 Aircraft
9.10.3 Ship
9.10.4 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 One Direction of Rotation
10.6.2 Two Directions of Rotation
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 Automotive
10.10.2 Aircraft
10.10.3 Ship
10.10.4 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 One Direction of Rotation
11.6.2 Two Directions of Rotation
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 Automotive
11.10.2 Aircraft
11.10.3 Ship
11.10.4 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 One Direction of Rotation
12.6.2 Two Directions of Rotation
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 Automotive
12.10.2 Aircraft
12.10.3 Ship
12.10.4 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 One Direction of Rotation
13.6.2 Two Directions of Rotation
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 Automotive
13.10.2 Aircraft
13.10.3 Ship
13.10.4 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 Optical Communication Components Market: Competitive Dashboard
14.2 Global Optical Communication Components Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HORIBA
14.3.2 Froude
14.3.3 Kahn Industries
14.3.4 Taylor Dynamometer
14.3.5 POWERLINK
14.3.6 AVL List
14.3.7 SuperFlow
14.3.8 SAJ Test Plant
14.3.9 Power Test
14.3.10 Sierra Instruments
