2018 Planar Lightwave Circuit Splitter Market Consumption and Forecast to 2023 by Type & Region

Planar lightwave circuit (PLC) splitters regulate the power of optical signals via splitting and routing, delivering reliable light distribution. They have a broader operating wavelength range, i.e. 1260-1650 nm as compared to low-cost fused biconic-tapered (FBT) couplers. The planar lightwave circuit splitter offers a comprehensive temperature range, improved uniformity, enhanced reliability, and a smaller size. PLC is a recent technology where waveguides are fabricated using lithography and a silica glass substrate. These splitters are known to offer accurate and even splits with minimum loss. It is widely used in PON networks to realize optical signal power splitting.

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The developments in fiber optics field has transformed the ways of transmitting data over long distances with minimum loss and are immune to electromagnetic inferences. Such favorable characteristics are expected to further enhance market in the future. Innovations and technological advancements have resulted in overall cost reduction and consumer awareness, which in turn are expected to drive the industry growth over the forecast period. The increase in e-business activities by various business organizations is a reason to increase in the demand of internet speed, drives the demand for effective optical network. Rising demand for 5G/4G networks globally is expected to augment the industry over the forecast period. However, the manufacturing process is complex, and more expensive for engaging in smaller ratio. PLC splitters are expected to explore opportunities in surveillance, standard telephone cables, and sensors application segments.

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Planar lightwave circuit splitter is a type of optical power management device fabricated using silica optical wave-guide technology to distribute optical signals.

In 2016, 1N segment dominated the market, in terms of revenue, due to increase in investment in IT and telecommunication sector.

North America was the highest revenue contributor to the planar lightwave circuit splitter market in 2016, accounting for around 37.41% share, owing to surge in demand for wide operating wavelength across the network fabrication and installation.

The report features a competitive scenario of the planar lightwave circuit splitter market and provides a comprehensive analysis of the key growth strategies adopted by major players. The key players in the global market are Corning Inc., Exfiber Optical Technologies, Fiberon Technologies, Go Foton, Huihong Technologies, Ntt Electronics, Oemarket, Opto-Link Corporation, Prysmian and other companies include Reliable Photonics, Shenzhen Technologies, and Sun Telecom.

These players have adopted various competitive strategies such as innovation, new product development, and market expansion to boost the growth of the market.

Key Findings of the Planar Lightwave Circuit Splitter Market:-

- The 1N segment accounted for the highest share in 2016, growing at a CAGR of 7.70% from 2017 to 2023.
- FTTX application generated the highest revenue, accounting for $206.5 million in 2016.
- North America is expected to dominate the market, in terms of market share, during the forecast period.

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