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Global Growth of Optical MEMS for Communications Market | Top Key Players-Micralyne, Santec Corporation, Opsens Inc, Capella Photonics, Intermec by Honeywell, Thermo Fisher Scientific, CALIENT Technologies Inc., MEMS Optical, Inc

Global Growth of Optical MEMS for Communications Market | Top Key

The growing efficiency along with miniaturizing size of the optical MEMS components has increased their market penetration in the communication industry. Technically, the advantages such as superior transmission speed of signals between ranges of transmitters within the optical communication network, which acts as the most promising technology to deal with logjams, especially in high traffic areas is a predominant driver, which is driving the growth of the global optical MEMS for communications market.

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Based on the various communication network types, the global optical MEMS for communications market can be broadly classified as wireline, wireless, broadband. The wireless communication market for optical MEMS is growing at fastest rate, mainly due to increasing application of RF components at various stages in the communication network.

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The broadband segment is another important market and accounts for a significant share. The growth in demand for optical MEMS in the broadband application is increasing, due to the replacement of typical quartz resonators with MEMS resonators, which in turn is fuelling the growth of the broadband segment in the global market.

MEMS based variable optical attenuators is the fastest growing application segment in the global market. The high market penetration of optical attenuators in the recent years is mainly driven by the replacement of traditional technologies in optical communication networks, such as optical modules protection and optical power management.

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Europe was the largest market, followed by North America in 2014. The high reluctance towards technical advancement and growing need for high speed internet in the developed regions has led to their market dominance. Asia-Pacific is the fastest growing market, and expected to increase with a significant pace during the forecast period. The growing reach of communication services especially in the developing countries, such as India and China are expected to drive the growth of the Asia-Pacific optical MEMS for communications market.

The lack of proven testing technologies for the optical MEMS has led to poor reluctance and introduction of unproven technology, among the communication service providers. Moreover, the needs of new testing module for every new manufactured device have increased the manufacturing cost of the optical MEMS in recent years. Moreover, other competing technologies are acting as major threat for the growth of the market in the communication industry.

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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