According to the latest report by IMARC Group, titled “Coherent Optical Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, the global coherent optical equipment market size reached US$ 23.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 37.4 Billion by 2027, exhibiting a growth rate (CAGR) of 8.31% during 2022-2027.
Industry Overview:
Coherent optical equipment is a central device that provides performance flexibility to transmit high-speed information. It enables coherent optical transmission by modulating the amplitude and phase of the light through the optical carrier, such as fiber optic cables. It includes wavelength-division multiplexers (WDM), modules, optical amplifiers, and switches. Coherent optical equipment is widely used in networking infrastructure and data centers to transmit high-speed information. It offers better programmability, strong mitigation to dispersion, spectral shaping, and forward error correction (FEC). It also maximizes wavelength reach, minimizes regeneration, simplifies dense wavelength-division multiplexing (DWDM), and enables point-to-multipoint capabilities.
Coherent Optical Equipment Market Trends:
The increasing demand for high bandwidth data transmission and low latency for seamless streaming of high-definition (HD) audio and video content due to the rapid proliferation of smartphones, tablets, and laptops is creating a positive outlook for the market. Furthermore, the growing product demand for upgrading network infrastructure as it can employ spectrally-efficient modulation formats, such as M-ary phase-shift keying (MPSK) and quadrature-amplitude modulation (QAM), is providing a considerable boost to the coherent optical equipment market growth.
Additionally, the increasing product utilization to manage rapid network scalability due to the widespread adoption of cloud-based solutions in core business processes is positively influencing the market growth. Other factors, including rapid automation in industrial processes, increasing adoption in the defense industry to improve security infrastructure, and the rising demand for high-end online games, are anticipated to drive the market growth.
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Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global coherent optical equipment market has been studied in the report with the detailed profiles of the key players operating in the market.
Major Players Covered:Â
Acacia Communications Inc. (Cisco Systems Inc)
Ciena Corporation
Fujitsu Limited
Huawei Technologies Co. Ltd.
Infinera Corporation
NEC Corporation
Nokia Oyj
Ribbon Communications Operating Company Inc.
ZTE Corporation
Zygo Corporation (AMETEK Inc)
Report Segmentation:
The report has segmented the global coherent optical equipment market on the basis of technology, equipment, application, end user and region.
Breakup by Technology:
100G
200G
400G+
400G ZR
Breakup by Equipment:
Wavelength-Division Multiplexer (WDM)
Modules/Chips
Test and Measurement Equipment
Optical Amplifiers
Optical Switches
Others
Breakup by Application:
Networking
Data Center
Original Equipment Manufacturers (OEMs)
Breakup by End User:
Service Provider
Public Sector
Industries
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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