Planar Lightwave Circuit (PLC) Splitters Market by Type (1×N PLC Splitters, 2×N PLC Splitters), Design Type (Bare Fiber, Blockless, ABS, Fanout, Rack-Mounted, and Others), Application (Telecommunication, FTTX Systems, PON Networks, CATV Networks, LAN, WAN

Planar Lightwave Circuit (PLC) Splitters Market by Type (1×N PLC Splitters, 2×N PLC Splitters), Design Type (Bare Fiber, Blockless, ABS, Fanout, Rack-Mounted, and Others), Application (Telecommunication, FTTX Systems, PON Networks, CATV Networks, LAN, WAN and Metro Networks, and Others), and Region 2023-2028

The global planar lightwave circuit (PLC) splitters market size reached US$ 1.15 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.78 Million by 2028, exhibiting a growth rate (CAGR) of 7.45% during 2023-2028. The significant development in the fiber optics field, the rising demand for rack-mounted design, and extensive research and development (R&D) activities represent some of the key factors driving the market.

A planar lightwave circuit (PLC) splitter is an optical power management device used to regulate the power of optical signals through routing and splitting. It is fabricated using silica optical waveguide technology to distribute optical signals. It comprises three layers, a substrate, a waveguide, and a lid. PLC splitter is used for dividing one or two light beams into multiple light beams uniformly or combining multiple light beams into one or two light beams. It offers a wide operation temperature and wavelength range, high reliability, combat size, and improved uniformity. As a result, PLC splitter finds extensive applications in fibre to the X (FTTx) systems, optical LAN, metro, WAN networks, and passive optical networks.

Planar Lightwave Circuit (PLC) Splitters Market Trends:
The significant development in the fiber optics field across the globe is one of the key factors creating a positive outlook for the market. PLC splitters have transformed the ways of transmitting data over long distances as they are immune to electromagnetic interferences and are cost-effective. In line with this, the rising demand for wide operating wavelength among well-established end-user industries, as it assists in increasing bandwidth by allowing different data streams to be sent simultaneously over a single optical fiber network, is favoring the market growth. Apart from this, the widespread product utilization in small, simple, and compact components, as it does not require any external power for operation, is providing an impetus to the market growth. Moreover, the increasing inclination toward high stability of designed devices or components due to the escalating developments for network infrastructure due to rising high-speed internet connectivity requirements is propelling the market growth. Additionally, the widespread utilization of PLC splitters in Fiber-to-the-Home (FTTH) networks, as they allow a single passive optical network (PON) interface to be shared among many subscribers, is acting as another growth-inducing factor. Furthermore, the rising demand for rack-mounted design owing to its capability of serving demanding applications, including data center and telecom networks, is positively influencing the market growth. Other factors, including the increasing focus of manufacturers to enhance performance, widespread product utilization in aerial apparatus and pedestals, extensive research and development (R&D) activities, significant technological advancements, and potential product application in standard telephone cables and surveillance are supporting the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global planar lightwave circuit (PLC) splitters market, along with forecasts at the global, regional, and country level from 2023-2028. Our report has categorized the market based on type, design type, and application.

Type Insights:

1×N PLC Splitters
2×N PLC Splitters

The report has provided a detailed breakup and analysis of the planar lightwave circuit (PLC) splitters market based on the type. This includes 1×N and 2×N PLC splitters. According to the report, 1×N PLC splitters represented the largest segment.

Design Type Insights:

Bare Fiber
Blockless
ABS
Fanout
Rack-Mounted
Others

The report has provided a detailed breakup and analysis of the planar lightwave circuit (PLC) splitters market based on the design type. This includes bare fiber, blockless, ABS, fanout, rack-mounted and others. According to the report, rack-mounted represented the largest segment.

Application Insights:

Telecommunication
FTTX Systems
PON Networks
CATV Networks
LAN, WAN and Metro Networks
Others

The report has provided a detailed breakup and analysis of the planar lightwave circuit (PLC) splitters market based on the application. This includes telecommunication, FTTX systems, PON networks, CATV networks, LAN, WAN and metro networks and others. According to the report, FTTX systems represented the largest segment.

Regional Insights:

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

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America was the largest market for planar lightwave circuit (PLC) splitters. Some of the factors driving the North America planar lightwave circuit (PLC) splitters market included the extensive research and development (R&D) activities, the sudden shift towards fiber optics technology, and the increasing demand for 4G/5G networks.

Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global planar lightwave circuit (PLC) splitters market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Broadex Technologies Co. Ltd., Browave Corporation, Changzhou Linket Electronic Technology Co. Ltd., Korea Optron Corp., Ningbo Longxing Telecommunications Equipment Manufacturing Co. Ltd., Ningbo Zhantong Telecom Equipment Co. Ltd., Precision Micro-Optics Inc., Prysmian S.p.A., Senko Advanced Components Inc. (Senko Advance Co. Ltd.), Shanghai Baudcom Communication Device Co. Ltd., Shanghai Sun Telecommunication Co. Ltd., T&S Communication Co Ltd., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:


How has the global planar lightwave circuit (PLC) splitters market performed so far and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global planar lightwave circuit (PLC) splitters market?
What are the key regional markets?
Which countries represent the most attractive planar lightwave circuit (PLC) splitters markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on design type?
What is the breakup of the market based on the application?
What is the competitive structure of the global planar lightwave circuit (PLC) splitters market?
Who are the key players/companies in the global planar lightwave circuit (PLC) splitters market?