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  • 22 October 2019 21:29

Coherent Optical Equipment Market Demands, Analysis and Forecast By 2026

Analysts of Acumen Research predict the growth of the coherent optical equipment market in the Coherent Optical industry by an average of 9.23% by 2026 and is expected to reach 70.14 billion from 2018 to 2026

The latest research report on Coherent Optical Equipment Market added by Acumen Research and Consulting, presents a detailed analysis concerning market share, market valuations, revenue estimation, SWOT analysis, and regional spectrum of the business. The report further highlights key challenges and growth prospects of the market, while examining the business outlook comprising expansion strategies implemented by market leaders.

Growing adoption of new IT solutions with present-day customer trends in various associations and IT modernization is required to help the coherent optical equipment market in the coming years. Also, growing internet penetration is projected to fuel the growth of the market over the forecasted period. This is foreseen to move the market over the estimated time frame. In addition, expanding interest in rapid data transmission from the telecom business is projected to fuel the growth of the market over the forecast period. However, the high starting speculation is foreseen to hamper the growth of the market around the globe.

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Rising demand from internet service suppliers and telecom service provider for high information transfer speed is foreseen to drive the growth of the worldwide coherent optical equipment market in the coming years. The service provider industry is an unmistakable client of coherent optical equipment. This segment represented a noteworthy market share in 2017 and is projected to hold its driving position over the projected time frame. However, the market in the industries sectors is projected to grow at a fast pace in the next 10 years.

The global coherent optical equipment market is divided into technology, equipment, application, end use, and region. On the basis of technology, the coherent optical equipment market has been segmented into 100G, 200G, 400G+, and 400G ZR. On the basis of equipment, the global coherent optical equipment market is segmented into modules/chips, WDM (Wavelength-Division Multiplexer), test & measurement equipment, optical switches, optical amplifiers, and others. Others equipment segment includes optical fiber, optical splitters, fiber optic circulators, optical transceivers etc. On the basis of application, the worldwide market is segmented into networking, data center, and OEMs. On the basis of end-user industries, the global market is segmented into the public sector, service provider, and industries. Service provider segment includes internet service provider, and telecom service provider, and also, industries segment includes aviation, energy, and railways. Based on the region, the worldwide market is divided into North America, Latin America, Europe, Middle East and Africa, and the Asia Pacific.

On the basis of equipment, the wavelength-division multiplexer (WDM) segment accounts for comparatively high market share in 2018 followed by optical switches and are required to hold its position over the projected time frame. WDMs are utilized to build the limit of correspondence in various applications, for instance, enterprise communication, access, long-haul, backhaul, and metro networks. However, optical switches segment is estimated to grow at a huge pace over the projected time frame from 2018 to 2026. Additionally, test and estimation equipment segment is anticipated to capture market share in the forecasted period because of the rising demand for high capacity communication networks from end-clients and various industry verticals also.

On the basis of application, the networking segment capture major revenue share in 2018 as it gives more extensive transfer speed expanded transmission speeds, while the data center application segment is probably going to grow considerably over the predicted time frame. Networking application is additionally bifurcated into Fiber-to-the-Building/Premises (FTTB/P) optical system and Fiber-to-the-Home (FTTH) optical system. The FTTB/FTTP optical system segment is projected to keep up its driving position over the estimated time frame, owing to the growing interest for fast systems at structures or premises for accessing smart systems. The use of coherent optical equipment in data centers is projected to grow at a quick pace over the estimated time frame owing of standard selection of distributed computing and the growing utilization of the Internet by smartphones and other communication gadgets.

The market in North America is foreseen to contribute high revenue share over the forecast period, followed by the Asia Pacific market, because of a substantial base of existing clients in the region. The target market in North America and Europe region are developed markets for the coherent optical equipment, in terms of technical innovation awareness among clients. This is probably going to reduce the revenue shares of the target markets of these regions. Moreover, the markets in APAC and the Middle East and Africa regions are probably going to grow at a healthy CAGR in the upcoming years.

Major companies contributing the global preterm birth and PROM testing market are ADVA Optical Networking, Nokia, Cisco Systems, Ciena Corporation, Ericsson, ECI Telecom, Infinera, Fujitsu, NEC, Huawei Technologies, and ZTE Corporation.

Market Segmentation

Market, By Technology:

  • 100G
  • 200G
  • 400G+
  • 400G ZR

Market, By Equipment:

  • WDM (Wavelength-Division Multiplexer)
  • Modules/Chips
  • Test and Measurement Equipment
  • Optical Amplifiers
  • Optical Switches
  • Others

Market, By Application:

  • Networking
  • Data Center
  • OEMs

Market, By End Use:

  • Service Provider
    • Internet service provider
    • Telecom Service provider
  • Public Sector
  • Industries
    • Aviation
    • Energy
    • Railways

Market, By Region:

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

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