Market Overview:
The global multi-channel optical power meter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automation equipment and the growing adoption of optical power meters in various applications. Based on type, the global multi-channel optical power meter market is segmented into 8 channels and 16 channels. The 16 channels segment is expected to grow at a higher CAGR than the 8 channels segment during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for high-channel count optical power meters in various applications such as telecommunications, data centers, and cable TV networks. Based on application, the global multi-channel optical power meter market is divided into two segments: automation equipment and others.
Product Definition:
Multi-channel optical power meters are used to measure the power levels of multiple optical signals simultaneously. The importance of multi-channel optical power meters is that they can help troubleshoot network problems and optimize network performance.
8 Channels:
8 channels is a term used for the number of optical power meters that can be connected to an optical fiber network. The more channels there are, the more devices can be monitored or controlled by using this network. Optical fibers and cables have been used in telecommunication applications since the 1960s; however, it was not until recently that their use extended into other areas such as data centers and local area networks (LAN).
16 Channels:
16 channels optical power meter is a device that measures the total optical power of an entire channel in an optical network. It helps to monitor and maintain the health of Optical Network Units (ONU) and provides alarms when there are problems with ONU operation. The 16-channel model uses one path for transmitting data on all its outputs, which allows it to provide eight independent measurements across eight ports at once.
Application Insights:
The others segment includes telecommunication and defense applications. The automation equipment application is expected to witness significant growth over the forecast period owing to its increasing use in industrial manufacturing processes. Automation equipment requires a high degree of precision and accuracy, which can be provided by MCPs, thus driving their demand in this application segment.
The telecom sector is one of the leading consumers of OEOPMs as they are used for measuring channelization gain at different wavelengths across multiple modems that are connected through a digital subscriber line (DSL). The data throughput performance can be measured with an OEOPM that has been specifically designed for this purpose. These devices also have features such as auto-ranging function that makes it compatible with both analog and digital modems so as to provide accurate results even if the signal strength varies from modem A to modem B or between two modems simultaneously connected through DSLAM device.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in automation and electrification projects by China, India, Japan, South Korea, Australia and Indonesia. For instance, in 2015 China electrified around 34 million households which has increased its electrical generation capacity by 25%. This factor is anticipated to drive demand for power measurement equipment across various industries such as industrial automation and others over the next eight years.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to high manufacturing activities across numerous industry verticals including automotive (electric vehicles), consumer electronics (LED screens) etc., In addition it held largest share of global exports of multi-channel optical power meters with major export destinations being U.S., Germany among other European countries.
Growth Factors:
- Increasing demand for optical power meters in the telecommunications and data communications industries to test and measure the performance of optical networks
- The growing popularity of fiber-to-the-home (FTTH) and fiber-to-the-premises (FTTP) deployments, which is expected to boost demand for optical power meters
- Rapid expansion of 4G LTE networks, which is anticipated to spur growth in the market for optical power meters
- Rising number of smart cities across the globe, as this would lead to an increase in investments in fiber optic infrastructure
- Proliferation of Internet of Things (IoT) applications, as this is expected to result in a surge in demand for high bandwidth connectivity
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-Channel Optical Power Meter Market Market Research Report
By Type
8 Channels, 16 Channels
By Application
Automation Equipment, Others
By Companies
Anritsu, Optotest, Thorlabs, Fiberpro, Telecom, Lambda Photometrics, Photop Technologie, EXFO, JDSU, The 41st Institute of CETC, Shenzhen Xunquan Technology, SUN TELECOM
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Multi-Channel Optical Power Meter Market Market Report Segments:
The global Multi-Channel Optical Power Meter Market market is segmented on the basis of:
Types
8 Channels, 16 Channels
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
Automation Equipment, 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:
- Anritsu
- Optotest
- Thorlabs
- Fiberpro
- Telecom
- Lambda Photometrics
- Photop Technologie
- EXFO
- JDSU
- The 41st Institute of CETC
- Shenzhen Xunquan Technology
- SUN TELECOM
Highlights of The Multi-Channel Optical Power Meter Market 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:
- 8 Channels
- 16 Channels
- By Application:
- Automation Equipment
- 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 Multi-Channel Optical Power Meter Market 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.
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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?
A multi-channel optical power meter is a device that measures the power of an optical signal. This type of meter can be used to measure the power output from a laser, LED, or other light source.
Some of the major players in the multi-channel optical power meter market market are Anritsu, Optotest, Thorlabs, Fiberpro, Telecom, Lambda Photometrics, Photop Technologie, EXFO, JDSU, The 41st Institute of CETC, Shenzhen Xunquan Technology, SUN TELECOM.
The multi-channel optical power meter market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multi-Channel Optical Power Meter Market Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Multi-Channel Optical Power Meter Market Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multi-Channel Optical Power Meter Market Market - Supply Chain
4.5. Global Multi-Channel Optical Power Meter Market Market Forecast
4.5.1. Multi-Channel Optical Power Meter Market Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multi-Channel Optical Power Meter Market Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multi-Channel Optical Power Meter Market Market Absolute $ Opportunity
5. Global Multi-Channel Optical Power Meter Market Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Type
5.3.1. 8 Channels
5.3.2. 16 Channels
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multi-Channel Optical Power Meter Market Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Application
6.3.1. Automation Equipment
6.3.2. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multi-Channel Optical Power Meter Market Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Multi-Channel Optical Power Meter Market Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Multi-Channel Optical Power Meter Market Demand Share Forecast, 2019-2029
9. North America Multi-Channel Optical Power Meter Market Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Application
9.4.1. Automation Equipment
9.4.2. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Type
9.7.1. 8 Channels
9.7.2. 16 Channels
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Multi-Channel Optical Power Meter Market Demand Share Forecast, 2019-2029
10. Latin America Multi-Channel Optical Power Meter Market Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Application
10.4.1. Automation Equipment
10.4.2. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Type
10.7.1. 8 Channels
10.7.2. 16 Channels
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Multi-Channel Optical Power Meter Market Demand Share Forecast, 2019-2029
11. Europe Multi-Channel Optical Power Meter Market Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Application
11.4.1. Automation Equipment
11.4.2. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Type
11.7.1. 8 Channels
11.7.2. 16 Channels
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Multi-Channel Optical Power Meter Market Demand Share, 2019-2029
12. Asia Pacific Multi-Channel Optical Power Meter Market Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Application
12.4.1. Automation Equipment
12.4.2. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Type
12.7.1. 8 Channels
12.7.2. 16 Channels
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Multi-Channel Optical Power Meter Market Demand Share, 2019-2029
13. Middle East & Africa Multi-Channel Optical Power Meter Market Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Multi-Channel Optical Power Meter Market Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Application
13.4.1. Automation Equipment
13.4.2. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multi-Channel Optical Power Meter Market Market Size and Volume Forecast by Type
13.7.1. 8 Channels
13.7.2. 16 Channels
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Multi-Channel Optical Power Meter Market Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Multi-Channel Optical Power Meter Market Market: Market Share Analysis
14.2. Multi-Channel Optical Power Meter Market Distributors and Customers
14.3. Multi-Channel Optical Power Meter Market Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Anritsu
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Optotest
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Thorlabs
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fiberpro
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Telecom
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lambda Photometrics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Photop Technologie
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. EXFO
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JDSU
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. The 41st Institute of CETC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shenzhen Xunquan Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SUN TELECOM
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook