Global optical amplifiers market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of ~6.5% during the forecast period.
The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Optical amplifier is an instrument which is used to amplify or increase optical data signal without converting it into an electrical signal form. An optical amplifier is generally referred to a laser amplifier without a resonating cavity. Most of the optical amplifiers are either electrically or optically pumped.
The rapid and progressive developments in the field of laser physics and optical communication network have created more demand for optical amplifier devices in the market, which is the major driving factor behind the growth of the market. Rising adoption of optical amplifiers in fiber optic data links to achieve long-distance transmission, increasing expansion of telecommunication network industry, growing use of optical amplifiers to create laser guide stars, ongoing technological advancements in 5G network and in Internet of things based devices and growing demand for high speed data network to download and upload applications are likely to improve the growth of the market during the forecast period.
However, gain saturation effects, cross talk effects and technological difficulties in the fabrication process are the major restraining factors that could hamper the growth of the market.
Global Optical Amplifiers Market: Segmentation Analysis
By type, semiconductor optical amplifier (SOA) segment dominated the market in 2019 and is projected to witness fast growth at a CAGR of XX% during the forecast period. The basic structure of SOA is made up using semiconductor laser diodes and antireflective coatings. A surge in the adoption of SOAs in telecommunication systems owing to its benefits such as low cost than EDFA, small size and ability to run with low power laser is attributed to the growth of the market. The SOA technology is a major solution for the establishment, development, optimization and implementation of various optical networks, subsystems and photonic circuits. Thanks to the significant properties offered by SOA technology such as low power consumption, strong nonlinearities, great dynamic range, flexibility in wavelength, versatile and broadband operation, rapid response, reduced footprint and reasonable cost. Moreover, increasing applications of SOAs in WDM networks, free space optics, fiber cable television, medical imaging, and radio-over-fiber systems and in various optical test and measurement equipments are expected to improve the growth of the market during the forecast period.
By industry, the telecommunication segment dominated the market in 2019 and is projected to witness fast growth at a CAGR of XX% during the forecast period. The growth of the telecommunication industry across the globe is majorly driven by the extensive use of optical networking or fiber optic devices. The advancements in latest technologies such as 5G and growing significance of optical amplifiers in data information and optical telecommunication systems are impelling the growth of the market.
Global Optical Amplifiers Market: Regional Analysis
Region-wise, Asia pacific held the largest market share in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The economies such as China, India, South Korea, and Japan are the major key contributors behind the growth of the market. The growth is attributed to the rising adoption of Smartphone along with the internet connection and rising need for high speed data rates.
Growing market for optical communication and telecommunication network technology, rising broadband infrastructure along with increasing number of broadband subscribers across the region, increasing growth of telecom equipments, rising number of data centers and surge in the adoption of optical amplifiers in fiber optic cables to carry most of the telecommunication links across the world are driving the growth of the market in the APAC region.
The objective of the report is to present a comprehensive analysis of the Global Optical Amplifiers Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Optical Amplifiers Market dynamics, structure by analyzing the market segments and projects the Global Optical Amplifiers Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Optical Amplifiers Market make the report investor’s guide.
The Scope of Global Optical Amplifiers Market
Global Optical Amplifiers Market, By Type
• Earth Doped Fiber Amplifier (EDFA)
• Raman Amplifier
• Semiconductor Optical Amplifier
Global Optical Amplifiers Market, By Mode
Global Optical Amplifiers Market, By Industry
• Data Center
• Military and Defense
Global Optical Amplifiers Market, By Region
• North America
• Asia Pacific
• South America
• Middle East and Africa
Global Optical Amplifiers Market, Key Players
• Broadcom Inc
• Finisar Corporation
• Source Photonics
• Newport Corporation
• Accelink Technology Co. Ltd.
• Furukawa Electric Co. Ltd
• Lumentum Operations LLC
• NEC Corporation
• Fiberlabs Inc
• IPG Photonics Corporation
• Viavi Solutions Inc
• Emcore Corporation
• APE Angewandte Physik & Elektronik GmbH
• Sumitomo Electric Industries Ltd
• Santec Corporation
South America & MEA
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