Global RF-over-Fiber (RFoF) Market is valued USD 279.1 million in 2016 is anticipated to grow USD 752.5 million with the compounded annual growth of 11.65% over the forecast period 2018-2025.
New York 28 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global RF-over-Fiber (RFoF) market industry is poised to raise USD 752.5 million by 2025. Increasing demand for fiber optic cables because of their higher bandwidth, technology advancement in communication sector as 4G and 5G, and growing entertainment sector are the drivers in the growth of Global RF-over-Fiber (RFoF) Market. The Radio Frequency over Fibre is a technology which is used to transmit radio frequency over a fibre network. The technology is rising due to its various applications such as low signal losses over several distance without any need of signal amplifier, and the benefits of preserving uniform frequency response across the whole frequency band as well as it is lightweight and therefore the demand of RF over fibre is growing rapidly. In addition, the fibre cable is cost effective compared to copper based coaxial cable therefore it is replacing other types of coaxial cables. The RFoF is immune to the EMI field force and Radio frequency identification and hence it is finding its scope in military applications. Due to its features, RFoF is finding its applications in various sectors like in wireless communication, in satellite communication, in radar, in entertainment and navigation industry. RF-over-Fiber (RFoF) is related to the wavelength as well as frequency of the signal, and requirement of specific type of instruments and cables increase the overall cost and it is works as a constraint in the growth of Global RF-over-Fiber (RFoF) Market.
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Global RF-over-Fiber (RFoF) Market Size study, by Component (Optical Cables, Optical Amplifiers, Transceivers, Optical Switches, Antennas), by Frequency Band (L, S, C, X, KU, and KA), by Application (Telecommunications, Radar, Navigation, Broadcast, and Broadband), by Vertical (Civil and Military) and by Regional Forecasts 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players include Finisar, Huber + Suhner, Broadcom, Emcore, Gooch & Housego, Seikoh Giken, APIC Corporation, Dev Systemtechnik, Foxcom, Glenair, Optical Zonu, RF-Design, Syntonics LLC, Pharad, Fibertower, Intelibs, Vialite Communication and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The North American region accounted for the significant market share, more than XX% of the total market in 2016.
- The Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by XX% CAGR over the forecast period 2018-2025
Bizwit Research & Consulting LLP has considered following segments for the study:
- Optical Cables
- Optical Amplifiers
- Optical Switches
By Frequency Band:
- L Band
- S Band
- C Band
- X Band
- KU Band
- KA Band
- North America
- Asia Pacific
- Latin America
- Rest of the World