North America Fiber Optic Components Market Size, Share & Industry Trends Analysis Report By Component, By Application, By Communications Type, By Country and Growth Forecast, 2021 - 2027
The North America Fiber Optic Components Market would witness market growth of 7.5% CAGR during the forecast period (2021-2027).
Increased deployment of the data centers across the region is driving the growth of the fiber optic component market. Fiber optic components are utilized for intra data center and inter data center communications. The optical line that connects two data centers can span thousands of kilometers and also need high transmission rates. Therefore, the data centers need high data bandwidth to transmit a large amount of data over long distances which is leading to the increase in demand for fiber optic components to use in data centers.
In addition, fiber broadband is considered as the fastest way to deliver high speed internet to businesses and residences. Same as cable, fixed wireless and DSL, the fiber broadband connections bridge the last mile between the mainstream internet and the users’ residence. The DSL & cable use existing phone and TV infrastructure as frequency vibrations to transfer data over copper wires, and the fiber networks use light to transmit data over specialized cables packed with glass fibers. Digital data is stored in zeros & ones also known as binary.
Everything seen on the web is the product of streams of binary information such as the dots and dashes of morse code. Transmitting that binary stream data through light pulses is straightforward that is; a pulse represents 1 and no pulse means 0. Fiber optic cables are developed to transmit those pulses rapidly to long distances. The inside of a fiber optic cable is packed with glass made optical fibers as thick as human hair.
The number of broadband connections shows the number of high speed internet connections that need fiber optic cables. Enhanced broadband connections can help in boosting the revenue of the industry because the operators purchase new fiber optic cables in order to serve with high speed internet to customers. The number of broadband connections is anticipated to increase in 2020 which may result in the growth of the fiber optic components market in the North America region.
Furthermore, in the United States, slow telco fiber deployment & an initial focus on FTTC, cable’s strong grip on the market with the continuous network upgrades into DOCSIS 3.1, that enables speeds of up to 1 Gbps, and double/ triple play bundles has also supported the low availability & take up of FTTP. The fiber optic cables are used by more than two-third of the wireless broadband subscribers in the United States.
The US market dominated the North America Fiber Optic Components Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $9,613.2 million by 2027. The Canada market is poised to grow at a CAGR of 10% during (2021 - 2027). Additionally, The Mexico market would expect a CAGR of 9% during (2021 - 2027).
Based on Component, the market is segmented into Transceivers, Cables, Active Optical Cables, Connectors, Amplifiers, Splitters & Circulators and Others. Based on Application, the market is segmented into Communications, Distributed Sensing, Lighting and Analytical & Medical Equipment. Based on Communications Type, the market is segmented into Telecommunications, Data Centers and Enterprises. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sumitomo Electric Industries, Ltd., Furukawa Electric Co., Ltd., II-VI Incorporated, Amphenol Corporation, Fujitsu Limited (Fujitsu Optical Components Limited), Broadcom, Inc., Lumentum Holdings, Inc., TE Connectivity Ltd., EMCORE Corporation, and Accelink Technology Co. Ltd.
Scope of the Study
Market Segments covered in the Report:
By Component
- Transceivers
- Cables
- Active Optical Cables
- Connectors
- Amplifiers
- Splitters & Circulators
- Others
- Communications
Data Centers and
Enterprises
- Distributed Sensing
- Lighting
- Analytical & Medical Equipment
- US
- Canada
- Mexico
- Rest of North America
- Sumitomo Electric Industries, Ltd.
- Furukawa Electric Co., Ltd.
- II-VI Incorporated
- Amphenol Corporation
- Fujitsu Limited (Fujitsu Optical Components Limited)
- Broadcom, Inc.
- Lumentum Holdings, Inc.
- TE Connectivity Ltd.
- EMCORE Corporation
- Accelink Technology Co. Ltd.
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Fiber Optic Components Market, by Component
- 1.4.2 North America Fiber Optic Components Market, by Application
- 1.4.3 North America Fiber Optic Components Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
- 3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Aug – 2021, Sep) Leading Players
- Chapter 4. North America Fiber Optic Components Market by Component
- 4.1 North America Transceivers Market by Country
- 4.2 North America Cables Market by Country
- 4.3 North America Active Optical Cables Market by Country
- 4.4 North America Connectors Market by Country
- 4.5 North America Amplifiers Market by Country
- 4.6 North America Splitters & Circulators Market by Country
- 4.7 North America Others Market by Country
- Chapter 5. North America Fiber Optic Components Market by Application
- 5.1 North America Communications Market by Country
- 5.2 North America Communications Market by Type
- 5.2.1 North America Telecommunications Market by Country
- 5.2.2 North America Data Centers Market by Country
- 5.2.3 North America Enterprises Market by Country
- 5.3 North America Distributed Sensing Market by Country
- 5.4 North America Lighting Market by Country
- 5.5 North America Analytical & Medical Equipment Market by Country
- Chapter 6. North America Fiber Optic Components Market by Country
- 6.1 US Fiber Optic Components Market
- 6.1.1 US Fiber Optic Components Market by Component
- 6.1.2 US Fiber Optic Components Market by Application
- 6.1.2.1 US Communications Market by Type
- 6.2 Canada Fiber Optic Components Market
- 6.2.1 Canada Fiber Optic Components Market by Component
- 6.2.2 Canada Fiber Optic Components Market by Application
- 6.2.2.1 Canada Communications Market by Type
- 6.3 Mexico Fiber Optic Components Market
- 6.3.1 Mexico Fiber Optic Components Market by Component
- 6.3.2 Mexico Fiber Optic Components Market by Application
- 6.3.2.1 Mexico Communications Market by Type
- 6.4 Rest of North America Fiber Optic Components Market
- 6.4.1 Rest of North America Fiber Optic Components Market by Component
- 6.4.2 Rest of North America Fiber Optic Components Market by Application
- 6.4.2.1 Rest of North America Communications Market by Type
- Chapter 7. Company Profiles
- 7.1 Sumitomo Electric Industries, Ltd.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Regional & Segmental Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Product Launches and Product Expansions:
- 7.2 Furukawa Electric Co., Ltd.
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expense
- 7.2.5 Recent strategies and developments:
- 7.2.5.1 Partnerships, Collaborations, and Agreements:
- 7.2.5.2 Product Launches and Product Expansions:
- 7.3 II-VI Incorporated
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.4 Amphenol Corporation
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 Recent strategies and developments:
- 7.4.5.1 Product Launches and Product Expansions:
- 7.4.5.2 Acquisition and Mergers:
- 7.5 Fujitsu Limited (Fujitsu Optical Components Limited)
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 Recent strategies and developments:
- 7.5.5.1 Partnerships, Collaborations, and Agreements:
- 7.5.5.2 Product Launches and Product Expansions:
- 7.5.6 SWOT Analysis
- 7.6 Broadcom, Inc.
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expense
- 7.6.5 Recent strategies and developments:
- 7.6.5.1 Product Launches and Product Expansions:
- 7.6.6 SWOT Analysis
- 7.7 Lumentum Holdings, Inc.
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expense
- 7.7.5 Recent strategies and developments:
- 7.7.5.1 Partnerships, Collaborations, and Agreements:
- 7.7.5.2 Acquisition and Mergers:
- 7.8 TE Connectivity Ltd.
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expense
- 7.8.5 Recent strategies and developments:
- 7.8.5.1 Product Launches and Product Expansions:
- 7.8.5.2 Acquisition and Mergers:
- 7.8.6 SWOT Analysis
- 7.9 EMCORE Corporation
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expense
- 7.9.5 Recent strategies and developments:
- 7.9.5.1 Partnerships, Collaborations, and Agreements:
- 7.9.5.2 Acquisition and Mergers:
- 7.10. Accelink Technology Co. Ltd.
- 7.10.1 Company Overview
- 7.10.2 Recent strategies and developments:
- 7.10.2.1 Partnerships, Collaborations, and Agreements:
- 7.10.2.2 Product Launches and Product Expansions:
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook