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Global Fiber Optic Components Market to reach USD 37.5 Billion by 2028.

Global Fiber Optic Components Market Size study, By Type (Cables, Active Optical Cables, Amplifiers, Splitters, Connectors, Circulators, Transceivers, Others), By Data Rate (Less than 10Gbps, 10 Gbps to 40Gbps, 41 Gbps to 100Gbps, More than 100 Gbps), By Application (Distributed Sensing, Analytical and Medical Equipment, Lighting, Communications), and Regional Forecasts 2022-2028

Product Code: EESC-83378363
Publish Date: 28-04-2022
Page: 200

Global Fiber Optic Components Market is valued approximately USD 20.65 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.9% over the forecast period 2022-2028.
Fiber optics component is a type of technology that is used to transfer information. These components include a variety of glass strings that are made up of glass cladding and glass core that offer a cost-effective option to the users. The growing internet penetration and data traffic, increasing deployment of data centers, coupled with the rising demand for bandwidth are the primary factors that are surging the market demand across the globe. For instance, as per Statista, there were approximately 4119 million internet users in 2019worldwide, and the amount rises and reached around 4901 million users by 2021. Accordingly, the rising number of internet users is bolstering the demand for fiber optic components, thus, in turn, accelerating the market growth in the near future. However, the threat to optical network security and high cost of installation, and the difficulty in installing in various terrains impede the growth of the market over the forecast period of 2022-2028. Also, increasing adoption of fiber optic components in the digital signage market and expansion of telecom infrastructure in developing economies are anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global Fiber Optic Components market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the region being the early adopter of novel technologies, and the growing presence of well-established market players such as II-VI Incorporated, Lumentum Holdings Inc., Broadcom Inc., and many others in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing penetration of the internet, the rising deployment of data centers, as well as surging demand for wearable, would create lucrative growth prospects for the Fiber Optic Components market across the Asia-Pacific region.

Major market players included in this report are:
II-VI Incorporated
Lumentum Holdings Inc.
Broadcom Inc.
Sumitomo Electric Industries Ltd.
Accelink Technologies Co. Ltd.
Oclaro Inc.
Acacia Communications, Inc.
EMCORE Corporation
Fujitsu Optical Components Limited
Furukawa Electric Co. Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Active Optical Cables
By Data Rate
Less than 10Gbps
10 Gbps to 40Gbps
41 Gbps to 100Gbps
More than 100 Gbps
By Application
Distributed Sensing
Analytical and Medical Equipment
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Fiber Optic Components Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global Fiber Optic Components Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global Fiber Optic Components Market, by Type, 2020-2028 (USD Billion)
1.2.3. Global Fiber Optic Components Market, by Data Rate, 2020-2028 (USD Billion)
1.2.4. Global Fiber Optic Components Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Fiber Optic Components Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Fiber Optic Components Market Dynamics
3.1. Fiber Optic Components Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Increasing deployment of data centers Growing internet penetration and data traffic
3.1.2. Market Challenges Threat to optical network security High cost of installation and difficulty in installing in different terrains
3.1.3. Market Opportunities Rising adoption of fiber optic components in digital signage market Expansion of telecom infrastructure in developing economies
Chapter 4. Global Fiber Optic Components Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Fiber Optic Components Market, by Type
6.1. Market Snapshot
6.2. Global Fiber Optic Components Market by Type, Performance – Potential Analysis
6.3. Global Fiber Optic Components Market Estimates & Forecasts by Type 2018-2028 (USD Billion)
6.4. Fiber Optic Components Market, Sub Segment Analysis
6.4.1. Cables
6.4.2. Active Optical Cables
6.4.3. Amplifiers
6.4.4. Splitters
6.4.5. Connectors
6.4.6. Circulators
6.4.7. Transceivers
6.4.8. Others
Chapter 7. Global Fiber Optic Components Market, by Data Rate
7.1. Market Snapshot
7.2. Global Fiber Optic Components Market by Data Rate, Performance – Potential Analysis
7.3. Global Fiber Optic Components Market Estimates & Forecasts by Data Rate 2018-2028 (USD Billion)
7.4. Fiber Optic Components Market, Sub Segment Analysis
7.4.1. Less than 10Gbps
7.4.2. 10 Gbps to 40Gbps
7.4.3. 41 Gbps to 100Gbps
7.4.4. More than 100 Gbps
Chapter 8. Global Fiber Optic Components Market, by Application
8.1. Market Snapshot
8.2. Global Fiber Optic Components Market by Application, Performance – Potential Analysis
8.3. Global Fiber Optic Components Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
8.4. Fiber Optic Components Market, Sub Segment Analysis
8.4.1. Distributed Sensing
8.4.2. Analytical and Medical Equipment
8.4.3. Lighting
8.4.4. Communications
Chapter 9. Global Fiber Optic Components Market, Regional Analysis
9.1. Fiber Optic Components Market, Regional Market Snapshot
9.2. North America Fiber Optic Components Market
9.2.1. U.S. Fiber Optic Components Market Type estimates & forecasts, 2018-2028 Data Rate estimates & forecasts, 2018-2028 Application estimates & forecasts, 2018-2028
9.2.2. Canada Fiber Optic Components Market
9.3. Europe Fiber Optic Components Market Snapshot
9.3.1. U.K. Fiber Optic Components Market
9.3.2. Germany Fiber Optic Components Market
9.3.3. France Fiber Optic Components Market
9.3.4. Spain Fiber Optic Components Market
9.3.5. Italy Fiber Optic Components Market
9.3.6. Rest of Europe Fiber Optic Components Market
9.4. Asia-Pacific Fiber Optic Components Market Snapshot
9.4.1. China Fiber Optic Components Market
9.4.2. India Fiber Optic Components Market
9.4.3. Japan Fiber Optic Components Market
9.4.4. Australia Fiber Optic Components Market
9.4.5. South Korea Fiber Optic Components Market
9.4.6. Rest of Asia Pacific Fiber Optic Components Market
9.5. Latin America Fiber Optic Components Market Snapshot
9.5.1. Brazil Fiber Optic Components Market
9.5.2. Mexico Fiber Optic Components Market
9.6. Rest of The World Fiber Optic Components Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. II-VI Incorporated Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Lumentum Holdings Inc.
10.2.3. Broadcom Inc.
10.2.4. Sumitomo Electric Industries Ltd.
10.2.5. Accelink Technologies Co. Ltd.
10.2.6. Oclaro Inc.
10.2.7. Acacia Communications, Inc.
10.2.8. EMCORE Corporation
10.2.9. Fujitsu Optical Components Limited
10.2.10. Furukawa Electric Co. Ltd.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Data Collection:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
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The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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