Optical Switches Global Industry 2019 Size, Share, Trends, Business Growth, Key Country, Emerging Technologies and Regional Forecast To 2023

Optical Switches Global Industry 2019 Size, Share, Trends, Business Growth, Key Country, Emerging Technologies and Regional Forecast To 2023

“” Optical Switches Market “”
The Global Optical Switches Market is expected to grow from USD 3.98 billion in 2018 to USD 8.61 billion by 2024, at a CAGR of 14.05%, during the forecast period.

Optical Switches Market Synopsis

The Global Optical Switches Market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world. An optical switch is a device that is used to provide selective switching of optical signals from one channel to another without the need for conversion to electrical signals. The routing of signals through optical switches is independent of data rate and data protocol. The benefits of optical switches include reduced number of network equipment, increased switching speed, and decreased operating power.

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An optical switch is a device used to provide selective switching of optical signals from one channel to another without the need for conversion to electrical signals. These switches are rapidly being used in areas, such as switching and routing of optical signal, optical network protection and restoration, and optical network monitoring. The growing data traffic and consequent increase in demand for high data transmission rates and reduction in energy consumption drive the demand for optical switches in the market. However, the high cost of optical switches limit the growth of the market.  

Based on type, the market has been segmented into acousto optical switches, liquid crystal optical switches, bubble optical switches, fiber Bragg grating-based optical switches, mechanical optical switches, magneto-optical switches, and others. The mechanical optical switches segment is estimated to be the largest during the review period; it is expected to register the highest CAGR during the forecast period. Mechanical optical switches are witnessing growing adoption by mechanical keyboards manufacturers owing to its benefits such as a faster actuation and better response time.

Optical Switches Market Key players

The prominent players in the optical switches market are Juniper Networks  (US), Keysight Technologies Inc. (China), HP Enterprises (US), ON Semiconductor (US), Fujitsu Ltd (Japan), ZTE Corporation (China), Yokogawa Electric Corporation (Japan), Omron Corporation (Japan), Huawei Technologies (China), NEC Corporation (Japan), D-Link Corporation (Taiwan), Emcore Corporation (US), Cisco Systems, Inc. (US), DiCon Fiberoptics, Inc. (US), Luna Innovations Inc. (US), Ericsson (Sweden), Alcatel-Lucent SA (France), and OPTEK Technology, Inc. (US).

Optical Switches Market Segmentation

By type, the market has been segregated into acousto optical switches, liquid crystal optical switches, bubble optical switches, fiber Bragg grating-based optical switches, mechanical optical switches, magneto-optical switches, and others.

By sales channel vertical, the market has been segmented into OEMs, offline distributor, online distributor.

By application, the market has been segmented into optical switching, fiber restoration and optic component testing, optical add-drop multiplexing, optical cross-connects (OXC), signal monitoring, and others.

By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.

Optical Switches Market Regional Analysis

The global market for optical switches market is estimated to grow at a significant rate during the forecast period from 2018 to 2024. The geographic analysis of the optical switches market is done for North America, Europe, Asia-Pacific, and the rest of the world. 

Asia-Pacific is expected to dominate the optical switches market from 2018 to 2024 owing to the increasing automation across different industry verticals that demand the use of optical switches for optic component testing. Furthermore, the high concentration of market players in the region and availability of low-cost raw material promote the mass production of low-cost optical switches.

North America is estimated to hold a significant share in the optical switches market owing to the growing number of data centers in the region. Furthermore, the high concentration of market players and easy availability of proficient technical expertise also propel the demand for optical switches in the region.

Optical Switches Market Competitive Analysis

The key players have adopted partnerships and new product launches as a part of their organic growth strategy to further strengthen their market position. For instance, in 2018, CALIENT Technologies, Inc., a provider optical switching technology launched a new optical circuit switch—Edge|640—that provides 640 fiber-optic cross connection. It is specially designed for data centers, and applications in telecommunication and test labs to meet the growing demand for device counts and the increased need for connectivity.

TABLE OF CONTENTS

1 Executive Summary

1.1 Market Attractiveness Analysis

1.2 Global Optical Switches Market, By Type

1.3 Global Optical Switches Market, By Sales Channels

1.4 Global Optical Switches Market, By Application

1.5 Global Optical Switches Market, By Region

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.3 Markets Structure

2.4 Key Buying Criteria

2.5 Macro Factor Indicator Analysis

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

3.5 List Of Assumptions

Continued…

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LIST OF TABLES

Table 1 Global Optical Switches Market, By Region, 2018–2024

Table 2 North America: Optical Switches Market, By Country, 2018–2024

Table 3 Europe: Optical Switches Market, By Country, 2018–2024

Continued…

LIST OF FIGURES

FIGURE 1 Global Optical Switches Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of The Global Optical Switches Market

Continued…

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