Global Passive Optical LAN (POL) Market to Reach $162 Billion by 2030
The global market for Passive Optical LAN (POL) estimated at US$47.2 Billion in the year 2023, is expected to reach US$162 Billion by 2030, growing at a CAGR of 19.3% over the analysis period 2023-2030. Optical Cables, one of the segments analyzed in the report, is expected to record a 20.5% CAGR and reach US$27.8 Billion by the end of the analysis period. Growth in the Coupler segment is estimated at 19.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $14.6 Billion, While China is Forecast to Grow at 18.2% CAGR
The Passive Optical LAN (POL) market in the U.S. is estimated at US$14.6 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$26.9 Billion by the year 2030 trailing a CAGR of 18.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.9% and 16.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 13.8% CAGR.
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