According to Technavio’s latest market research study, the global optocoupler market is expected to grow at a CAGR of more than 8% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global optocoupler market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the application type
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The top three revenue contributing application segments are discussed below:
Global optocoupler market in the telecommunications sector: Optocouplers are primarily used to aid installation of fiber optic aerial cables outside plants or fuse fibers in underground cable installations in the telecommunications segment. Developing countries, such as China, Malaysia, Brazil, and India are some of the key revenue generating countries in the global optocoupler market for the telecommunications sector.
“The availability and rise in the use of inexpensive 3G- and 4G-enabled smartphones, along with the high demand for IP-based voice, data, and video services, are driving the demand for optocouplers in the telecommunications sector,” says Sunil Kumar Singh, a lead analyst at Technavio for research on embedded systems.
Global optocoupler market in the cable TV sector: During the forecast period, the demand for optocouplers from the cable TV sector is driven by the expansion of operations by cable operators to sustain and recapture their lost market share. The US is one of the key revenue generating countries in the region.
Global optocoupler market in the military sector: In the military sector, optocouplers are used in military applications that involve rigorous testing and harsh environment fiber optic (HEFO) certification to guarantee reliability and performance. The global optocoupler market in the military sector is projected to account for a revenue of almost USD 1 billion by 2021.
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The top vendors operating in the global optocoupler market are:
- Fairchild Semiconductors
- Renesas Electronics
- Broadcom
- Vishay Intertechnology
Other prominent vendors in the market include Accelink Technologies, Ascentta, Edmund Optics, Electro-Optics Technology, Integrated Photonics, and Kyocera.
A more detailed analysis is available in the Technavio report titled, ‘Global Optocoupler Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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