Market Overview:
The global optical network components 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 bandwidth and rising need for high-speed connectivity. Optical network components are used in various applications such as aerospace & defense, oil & gas, submarine, transportation, mining, healthcare, energy and telecom. These components help in transmitting large amounts of data over long distances without any degradation in quality. North America is expected to hold the largest share of the global optical network components market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
An optical network is a telecommunications network that uses light propagating through optical fibers to transmit data. The term "optical network" usually refers to a backbone of high-bandwidth connections between major metropolitan areas, or it may refer to the complete national or international system. Optical networking has become an important tool in realizing the potential of information technology as well as for creating new services and applications.
Synchronous Optical Networking:
SON is a technology that enables the connection of optical networks over existing IP-based frameworks. It provides an efficient means for transporting bulk and single-channel traffic in both directions (from source to destination and vice versa). SON supports point to multi-point link aggregation, which can be used for WAN connectivity.
Fiber Channel:
Fiber channel (FC) is a digital communication medium that provides benefits such as lower latency and the ability to reach very long distances. Fiber channel consists of optical fibers that are used to transfer data through light pulses. It is also known as fiber optic cable or fiber wire. Data is carried by using the light pulse signal along the length of the fiber, hence it’s called optical transmission.
Application Insights:
The application segment is segregated into telecom, energy, mining, transportation and others. The optical network components are widely used in the telecom sector as they offer high bandwidth and low latency for data transmission. The growing demand for high-speed internet connections in countries like China and India is expected to have a positive impact on the overall market growth over the forecast period.
The oil & gas industry requires a large amount of data communication services owing to its highly competitive nature resulting in an increased need for information flow between different departments within an oil & gas company. As a result, OPCs play an important role in this industry by providing efficient connectivity solutions that meet its demanding requirements without any compromise on performance or quality.
Optical network components are also used extensively across multiple sectors such as aerospace & defense; healthcare; public safety; education; financial institutions etc.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in data centers and cloud infrastructure, which has led to increased adoption of fiber optic cables. Moreover, rising demand for high bandwidth optical networks in countries such as China and India is expected to drive industry growth over the next eight years.
The European region accounted for a significant revenue share in 2017 owing to early acceptance of fiber optics technology coupled with presence of major aircraft manufacturers such as Airbus S.A., Rolls-Royce Group PLC., and Leonardo Helicopters SPA that are significantly investing in aerospace manufacturing sector leading to an increase production volumes requiring advanced technologies including Optical Networking Components (ONC).
Growth Factors:
- Increasing demand for bandwidth-intensive applications such as online gaming, video streaming, and cloud services is expected to drive the growth of optical network components market.
- Proliferation of data centers and the growing demand for high-speed connectivity are also anticipated to fuel the growth of this market in the near future.
- The increasing number of fiber optic deployments across various industries is another major factor that is expected to contribute to the growth of optical network components market in coming years.
- Rapid advancements in technology and rising adoption of next-generation networking solutions are also projected to boost the demand for optical network components over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Network Components Market Research Report
By Type
Synchronous Optical Networking, Fiber Channel, Wavelength Division Multiplexing
By Application
Aerospace & Defense, Oil & Gas, Submarine, Transportation, Mining, Healthcare, Energy, Telecom
By Companies
Ciena, Verizon Communications, Alcatel Lucent, Huawei Technologies, Cisco, Ericsson, Motorola Solutions, Calix, Freescale Semiconductor, JDSU
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Optical Network Components Market Report Segments:
The global Optical Network Components market is segmented on the basis of:
Types
Synchronous Optical Networking, Fiber Channel, Wavelength Division Multiplexing
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
Aerospace & Defense, Oil & Gas, Submarine, Transportation, Mining, Healthcare, Energy, Telecom
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:
- Ciena
- Verizon Communications
- Alcatel Lucent
- Huawei Technologies
- Cisco, Ericsson
- Motorola Solutions
- Calix
- Freescale Semiconductor
- JDSU
Highlights of The Optical Network 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:
- Synchronous Optical Networking
- Fiber Channel
- Wavelength Division Multiplexing
- By Application:
- Aerospace & Defense
- Oil & Gas
- Submarine
- Transportation
- Mining
- Healthcare
- Energy
- Telecom
- 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 Network 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:
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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?
Optical network components are devices and systems that use light to transmit data. Optical networks can be used to connect computers, servers, storage devices, and other networked equipment. Optical networks are often more reliable than traditional wire-based networking systems because they don't rely on electrical signals.
Some of the key players operating in the optical network components market are Ciena, Verizon Communications, Alcatel Lucent, Huawei Technologies, Cisco, Ericsson, Motorola Solutions, Calix, Freescale Semiconductor, JDSU.
The optical network 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 Network 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 Network Components Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Network 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 Network 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 Network Components Market Size & Forecast, 2018-2028
4.5.1 Optical Network Components Market Size and Y-o-Y Growth
4.5.2 Optical Network Components Market Absolute $ Opportunity
Chapter 5 Global Optical Network Components 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 Optical Network Components Market Size Forecast by Type
5.2.1 Synchronous Optical Networking
5.2.2 Fiber Channel
5.2.3 Wavelength Division Multiplexing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Network Components 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 Optical Network Components Market Size Forecast by Applications
6.2.1 Aerospace & Defense
6.2.2 Oil & Gas
6.2.3 Submarine
6.2.4 Transportation
6.2.5 Mining
6.2.6 Healthcare
6.2.7 Energy
6.2.8 Telecom
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Network 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 Network 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 Optical Network Components Analysis and Forecast
9.1 Introduction
9.2 North America Optical Network Components 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 Optical Network Components Market Size Forecast by Type
9.6.1 Synchronous Optical Networking
9.6.2 Fiber Channel
9.6.3 Wavelength Division Multiplexing
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 Optical Network Components Market Size Forecast by Applications
9.10.1 Aerospace & Defense
9.10.2 Oil & Gas
9.10.3 Submarine
9.10.4 Transportation
9.10.5 Mining
9.10.6 Healthcare
9.10.7 Energy
9.10.8 Telecom
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 Optical Network Components Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Network Components 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 Optical Network Components Market Size Forecast by Type
10.6.1 Synchronous Optical Networking
10.6.2 Fiber Channel
10.6.3 Wavelength Division Multiplexing
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 Optical Network Components Market Size Forecast by Applications
10.10.1 Aerospace & Defense
10.10.2 Oil & Gas
10.10.3 Submarine
10.10.4 Transportation
10.10.5 Mining
10.10.6 Healthcare
10.10.7 Energy
10.10.8 Telecom
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 Optical Network Components Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Network Components 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 Optical Network Components Market Size Forecast by Type
11.6.1 Synchronous Optical Networking
11.6.2 Fiber Channel
11.6.3 Wavelength Division Multiplexing
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 Optical Network Components Market Size Forecast by Applications
11.10.1 Aerospace & Defense
11.10.2 Oil & Gas
11.10.3 Submarine
11.10.4 Transportation
11.10.5 Mining
11.10.6 Healthcare
11.10.7 Energy
11.10.8 Telecom
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 Optical Network Components Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Network Components 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 Optical Network Components Market Size Forecast by Type
12.6.1 Synchronous Optical Networking
12.6.2 Fiber Channel
12.6.3 Wavelength Division Multiplexing
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 Optical Network Components Market Size Forecast by Applications
12.10.1 Aerospace & Defense
12.10.2 Oil & Gas
12.10.3 Submarine
12.10.4 Transportation
12.10.5 Mining
12.10.6 Healthcare
12.10.7 Energy
12.10.8 Telecom
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) Optical Network Components Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Network Components 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) Optical Network Components Market Size Forecast by Type
13.6.1 Synchronous Optical Networking
13.6.2 Fiber Channel
13.6.3 Wavelength Division Multiplexing
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) Optical Network Components Market Size Forecast by Applications
13.10.1 Aerospace & Defense
13.10.2 Oil & Gas
13.10.3 Submarine
13.10.4 Transportation
13.10.5 Mining
13.10.6 Healthcare
13.10.7 Energy
13.10.8 Telecom
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 Network Components Market: Competitive Dashboard
14.2 Global Optical Network Components Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ciena
14.3.2 Verizon Communications
14.3.3 Alcatel Lucent
14.3.4 Huawei Technologies
14.3.5 Cisco, Ericsson
14.3.6 Motorola Solutions
14.3.7 Calix
14.3.8 Freescale Semiconductor
14.3.9 JDSU
