Global Market for Active Optical Cables (AOC) is Projected to Surpass US$2 Billion by 2020
Need For Bandwidth Drives
Demand for Active Optical Cables, According to New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry
segments, trends, growth drivers, market share, market size and demand
forecasts on the global Active Optical Cables market. Global
market for Active Optical Cables (AOC) is projected to surpass US$2 billion by
2020, driven by bandwidth explosion, expansion of internet infrastructure,
and advancements in fiber optics technology.
Active Optical Cables present an integral part of
contemporary data communication platforms. Defined as a cabling solution that provides
electrical to optical conversion on cable ends for improved speed and distance
efficiency, active optical cables are witnessing tremendous growth. Ever growing
need for bandwidth and advancements in cabling technology represent fundamental
factors driving growth in the region. Inherent advantages of active optical
cables such as lower signal processing, enhanced signal integrity, greater
airflow through smaller conduits, and superior flexibility routability and
wider reach than conventional copper cables are driving their adoption.
Data Centers represents the largest end-use sector.
Growth however, is forecast to come from emerging applications in personal
computing, digital signage and Home Theater. Explosive growth in consumer
Internet traffic worldwide driven by the surge in demand for mobile data and
video services is yielding significant growth in demand for high speed and
efficient transmission technologies. The scenario is driving expansion of
existing capacity using Active Optical Cables to ensure efficient transmission
of data. Traditionally, growth in the AOC market was driven by InfiniBand
interface in commercial applications such as supercomputers and server
applications. Over the years, the InfiniBand segment moved from the traditional
10G QSFP+ format to 14G FDR QSFP+ fiber optic cables, making it the strongest
AOC application till date. Significant opportunities also lie ahead for QSFP
and CXP active optical cables with 100 Gbps rate.
As stated by
the new market research report on Active Optical Cables, the United States represents
the largest market worldwide. Emerging markets are expected to spearhead growth
driven by strong economic development and growing adoption of new communication
technologies. Asia-Pacific is projected to emerge as the fastest growing
regional market with a CAGR of 58.6% over the analysis period.
Major players covered in the report include 3M Company,
Avago Technologies, Chromis Fiberoptics Inc., Emcore Corporation, FCI SA,
Fujikura Ltd., Hitachi Metals Ltd., Siemon Company, Sumitomo Electric
Industries Ltd., and TE Connectivity Ltd., among others.
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