Global Active Optical Cable Market Growth 2023-2029
An active optical cable (AOC) is a cabling technology that uses optical fiber between the connectors to improve the cable’s performance. There is a rise in demand for AOC as it serves as an alternative to copper cables, due to its various advantages such as small bend radius for easy installment, low power consumption, and light weight. Applications of these cables have expanded, from high-performance computers to networking and storage with the support of many protocols. In addition, AOCs rely on different protocols, such as InfiniBand, USB, and Ethernet, for data transmission.
LPI (LP Information)' newest research report, the “Active Optical Cable Industry Forecast” looks at past sales and reviews total world Active Optical Cable sales in 2022, providing a comprehensive analysis by region and market sector of projected Active Optical Cable sales for 2023 through 2029. With Active Optical Cable sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Active Optical Cable industry.
This Insight Report provides a comprehensive analysis of the global Active Optical Cable landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Active Optical Cable portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Active Optical Cable market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Active Optical Cable and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Active Optical Cable.
The global Active Optical Cable market size is projected to grow from US$ 2234.1 million in 2022 to US$ 10530 million in 2029; it is expected to grow at a CAGR of 10530 from 2023 to 2029.
Global active optical cables Application segment consists of Data Center, Consumer Electronics, High-performance Computing(HPC), Digital Signage and Others. The growing demand for active optical cable in data center, worldwide is one of the key drivers of the market. The data center market also needs a broad portfolio of fiber optic modules to connect servers, switches, and storage, which is accomplished by active optical cable. Therefore, increase in the deployment of data center is a key driver of market. Data Center was estimated to account for a sales share of 43.52% in 2020. This report focuses on the active optical cables in global market, especially in North America, Europe, Asia-Pacific, South America and Middle East & Africa. As the largest consumer country, USA consumed 1524.3 K Units of active optical cables in 2019, accounting for 31.19% of the global total. China is the second important consumer country, with consumption accounting for 12.16% of the global in 2019. The Key players operating into Global active optical cables Market are II-VI (Finisar), Siemon, Broadcom, Mellanox Technologies and Amphenol ICC, etc. II-VI (Finisar) and Siemon are the two players with the largest sales share, occupying 11.23% and 10.38% of the market share in 2019, respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Active Optical Cable market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
InfiniBand
Ethernet
HDMI
USB
DisplayPort
Others
Segmentation by application
Data Center
Consumer Electronics
High-performance Computing(HPC)
Digital Signage
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
II-VI (Finisar)
Siemon
Broadcom
Mellanox Technologies
Amphenol ICC
Molex
Optomind
Fiberon Technologies
Leoni
Hitachi Cable
Fujikura
Sumitomo Electric
Shenzhen Gigalight
Sopto
EverPro Technologies
Key Questions Addressed in this Report
What is the 10-year outlook for the global Active Optical Cable market?
What factors are driving Active Optical Cable market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Active Optical Cable market opportunities vary by end market size?
How does Active Optical Cable break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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