Technavio, a tech-focused market research firm, has published a new report on the global optical transceiver market, which is anticipated to grow rapidly and will post a CAGR of more than 16% during the forecast period 2016-2020.
This latest report by Technavio covers the market outlook and growth prospects of the global optical transceiver market for 2016-2020, considering 2015 as the base year. In addition, an overview of the market, key leading countries, vendor landscape, and a detailed analysis of the top vendors operating in this market are covered in the report.
Based on geographical division, Technavio market researchers segment the global optical transceiver market into the following key regions: The Americas, APAC, and EMEA.
Geographical segmentation of the global optical transceiver market for 2015 (market share %)
|
Americas |
38.36% |
|
EMEA |
32.47% |
|
APAC |
29.17% |
Source: Technavio
Optical transceiver market in the Americas
The Americas occupied the maximum share of around 38% in the global optical transceiver market in 2015. The Americas dominated the market due to the high consumption of optical transceivers in the US is high, and that increases the demand for the advanced communication network. It is expected that the region will continue to retain its position and will grow at a CAGR of around 15% during the forecast period. The growth will be majorly due to the increased demand for fiber optic components from the US. In North America, the communication industry is booming because of the growing use of the Internet for social media, online gaming, video chatting, and online shopping.
According to Sunil Kumar Singh, a lead analyst at Technavio, specializing in research on embedded systems, “As video streaming is bandwidth intensive, the network providers in North America are moving toward deploying advanced structured cabling solutions such as fiber optics to satisfy consumer need for high bandwidth connections. Several cities in North America have taken fiber to the premises (FTTP) initiatives, which will increase the demand for optical fibers and, in turn, the demand for optical transceivers during the forecast period.”
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Optical transceiver market in EMEA
The optical transceiver market in EMEA will grow at a CAGR of around 15 % during the forecast period. The MEA, the UK, and Eastern Europe (except Russia) are the key revenue generators of the region. The demand for optical transceivers from Italy, France, and Germany is stagnant because of the slow economic growth, leading to low investment in infrastructure development. However, the $16.31 million investment plan announced by Prysmian Group to increase its optical fiber production capacity in France might give the much-needed boost to the struggling market demand in France. The number of mobile Internet users in MEA is increasing at a rapid pace. This increase in Internet penetration gives a high growth opportunity for mobile telecommunication operators to build infrastructure that will support increased demand for high bandwidth applications.
Optical transceiver market in APAC
The optical transceiver market in APAC will grow at an impressive CAGR of around 19% during the forecast period. The Broadband China Strategy and Implementation Plan launched by the Chinese government in 2013 is one of the major growth drivers for this region. In 2014, Google partnered with five APAC telecommunication firms: China Mobile International, China Telecom Global, Japan’s KDDI, Malaysia’s Global Transit, and Singapore’s Singtel to invest in a $300 million project called FASTER. India also presents a high growth opportunity for optical transceiver manufacturers due to the growing Internet penetration, development of high-speed transmission network, and government initiatives such as National Optical Fiber Network (NOFN) and Network for Spectrum (NFS). Developing countries such as China, India, and Malaysia are witnessing major growth in the telecom sector. India’s telecom sector is growing at a rapid pace, with more than 950 million mobile subscribers in 2015. Increased penetration of low-cost 3G and 4G- enabled smartphones, coupled with high demand for Internet protocol-based voice, data, and video services is driving the market growth in this region.
The top leading vendors operating in the global optical transceiver market are:
- Corning
- Finisar
- FOCI Fiber Optic Communications
- Foxconn Interconnect Technology
- Fujitsu Optical Components
- Oplink Communications (Koch Industries)
- Reflex Photonics
- SENKO Advanced Components
- Sumitomo Electric Industries
Other prominent vendors in the market include Accelink Technologies and Ascentta.
A more detailed analysis is available in the Technavio report titled, ‘Global Optical Transceiver Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Silicon Photonics Market 2016-2020
- Global Fiber Optics Market 2016-2020
- Global Optical Sensors Market 2016-2020
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