Market Overview:
The global optical devices market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for optical communication and telecom applications, and the growing demand for consumer electronics products. Additionally, the increasing adoption of 5G technology is also expected to drive the growth of this market during the forecast period. On the basis of type,the global optical devices market can be segmented into optical modules, optical fiber amplifiers, and others. Optical modules are further classified into transmitters, receivers, transceivers, and others. Optical fiber amplifiers are further classified into erbium-doped fiber amplifier (EDFA), Raman amplifier (RA), semiconductor laser amplifier (SLA),and hybrid EDFA/RA amplifier(HE). Others include dispersion compensators (DCs)and wavelength division multiplexers/demultiplexers(WDMs).Optical communication is further sub-segmentedinto long-haul transmission,.metro access,.point-to-point transmission,.broadband access,.local area network(LAN).Telecomis further sub-segmentedin voice over internet protocol (VoIP) services.,mobile backhaul.,4G LTE networks.,5G networks.
Product Definition:
Optical devices are used to transmit or receive optical signals. These devices include lasers, photodiodes, and optical receivers. Optical devices are important for transmitting data over long distances.
Optical Module:
An optical module is a device made up of photonic components used in an optical network. Optical modules are the building blocks for high-speed metropolitan and intercity networks. They are also used in long haul and regional networks, especially those operating at 100G or 40G wavelengths. The demand for 100G/40G wavelength modules has been growing rapidly as they support 10 GbE or 20 GbE Ethernet connections respectively, which is driving the market growth factor positively.
Optical Fiber Ampler:
An ampler is an optical fiber that has been specially coated to absorb some of the light and re-emit it as a different color. It can be used in applications such as optical sensors, lasers, and high power amplifiers. An advantage of using amplified light is that it can be easily controlled; another advantage is that the amount of power needed to carry the signal from one end to another end is very little.
Application Insights:
The telecom application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The optical communication sector has witnessed significant growth owing to increasing demand for high-speed data transfer services, especially across long distances. Optical fiber amplifiers are used in both indoor and outdoor areas of a network, between different parts of a network with an optic cable, where signal strength is critical or needs boosting before it reaches final destination devices such as smartphones or computers.
Increasing demand for high-speed data transfer services coupled with growing number of internet users worldwide has fueled industry expansion over the recent past years. Optical communication technology finds applications not only in telecommunication but also in other sectors such as consumer electronics (LED light bulbs), industrial (laser printers), and others (3D printing).
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major optical component manufacturers and a large consumer base. The region is expected to maintain its dominance over the forecast period due to technological advancements, high disposable income of consumers, and increasing demand for high-quality products from various end-use industries such as telecom, industrial, etc.
Asia Pacific is projected to be one of the fastest growing regions during the forecast period owing to rapid developments in telecommunication infrastructure across countries such as China & India. In addition, rising demand for consumer electronics with improved picture quality is also expected drive regional growth over next eight years.
Growth Factors:
- Increasing demand for optical devices in the telecommunications sector to meet the growing data traffic requirements.
- Proliferation of next-generation optical networks and fiber-to-the-home (FTTH) deployments across the world.
- Rising demand for optical sensors in various industrial and commercial applications.
- Growing adoption of LiDAR systems in automotive and transportation sectors.
- Emergence of new applications such as 5G, big data, and artificial intelligence that are fueling the growth of optical devices market
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Devices Market Research Report
By Type
Optical Module, Optical Fiber Ampler, Others
By Application
Optical Communication, Telecom, Industrial, Consumer Electronics, Others
By Companies
Finisar, Oclaro, NeoPhotonics, Acacia, Accelink, BROADEX TECHNOLOGIES, TFC, Eoptolink, HGTECH
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Optical Devices Market Report Segments:
The global Optical Devices market is segmented on the basis of:
Types
Optical Module, Optical Fiber Ampler, 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
Optical Communication, Telecom, Industrial, Consumer Electronics, 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:
- Finisar
- Oclaro
- NeoPhotonics
- Acacia
- Accelink
- BROADEX TECHNOLOGIES
- TFC
- Eoptolink
- HGTECH
Highlights of The Optical Devices 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:
- Optical Module
- Optical Fiber Ampler
- Others
- By Application:
- Optical Communication
- Telecom
- Industrial
- Consumer Electronics
- 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 Devices 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 devices are devices that use light to transmit or receive information. They can be used for a variety of purposes, including communication, navigation, and imaging.
Some of the major companies in the optical devices market are Finisar, Oclaro, NeoPhotonics, Acacia, Accelink, BROADEX TECHNOLOGIES, TFC, Eoptolink, HGTECH.
The optical devices 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 Devices 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 Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Devices 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 Devices 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 Devices Market Size & Forecast, 2020-2028
4.5.1 Optical Devices Market Size and Y-o-Y Growth
4.5.2 Optical Devices 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 Optical Module
5.2.2 Optical Fiber Ampler
5.2.3 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 Optical Communication
6.2.2 Telecom
6.2.3 Industrial
6.2.4 Consumer Electronics
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Devices 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 Devices 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 Optical Module
9.6.2 Optical Fiber Ampler
9.6.3 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 Optical Communication
9.10.2 Telecom
9.10.3 Industrial
9.10.4 Consumer Electronics
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 Optical Module
10.6.2 Optical Fiber Ampler
10.6.3 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 Optical Communication
10.10.2 Telecom
10.10.3 Industrial
10.10.4 Consumer Electronics
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 Optical Module
11.6.2 Optical Fiber Ampler
11.6.3 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 Optical Communication
11.10.2 Telecom
11.10.3 Industrial
11.10.4 Consumer Electronics
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 Optical Module
12.6.2 Optical Fiber Ampler
12.6.3 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 Optical Communication
12.10.2 Telecom
12.10.3 Industrial
12.10.4 Consumer Electronics
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 Optical Module
13.6.2 Optical Fiber Ampler
13.6.3 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 Optical Communication
13.10.2 Telecom
13.10.3 Industrial
13.10.4 Consumer Electronics
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 Optical Devices Market: Competitive Dashboard
14.2 Global Optical Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Finisar
14.3.2 Oclaro
14.3.3 NeoPhotonics
14.3.4 Acacia
14.3.5 Accelink
14.3.6 BROADEX TECHNOLOGIES
14.3.7 TFC
14.3.8 Eoptolink
14.3.9 HGTECH
