Planar Lightwave Circuit Splitter Market Expected to Reach $1,352.70 Million by 2023

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 biconical-tapered (FBT) couplers. The planar lightwave circuit splitter offers a comprehensive temperature range, improved uniformity, enhanced reliability, and 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.

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

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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.

Small Size, High Reliability & Wide Operating Wavelength Range

Recent technological advancements and need for simple & smaller component drive the demand for planar lightwave circuit splitter in the market. The PLC does not require any external power for operations, and thus, provides reliability in terms of operations.

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.

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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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