Optical Modulators Market 2021 Growth Prospects and Outlook | Thorlabs Inc., Lumentum Holdings Inc., AA Opto-Electronic, Fujitsu Optical Components Limited

The Global Optical Modulators Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Optical Modulators Market was valued at USD 29.06 billion in 2019, and it is expected to register a CAGR of 6.83%, during the period of 2020-2025.

Top Companies in the Global Optical Modulators Market are Thorlabs Inc., Lumentum Holdings Inc., AA Opto-Electronic, Fujitsu Optical Components Limited, Gooch & Housego Plc., Lightwave Logic, Hamamatsu Photonics K.K., APE GmbH, Versawave Technologies Inc., L3Harris Technologies Inc._, AMS Technologies AG_ and others.

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Industry News

- In Jan 2020, II_VI Incorporated, a player in laser optics and subsystems, announced the introduction of its electro-optic modulators based on proprietary crystal technology ultrafast lasers in materials processing. The ongoing efforts to increase the manufacturing sector efficiencies are spurring the demand for next-generation laser systems that can achieve faster materials processing throughput. The companys electro-optic modulators primarily enable ultrafast lasers to generate a series of highly controlled energy pulses at rapid intervals to achieve precision machining tasks such as scribing, drilling, and marking high speed.

- In July 2019 - Hamamatsu Photonics created a spatial light modulator that delivers the highest pulse laser power capability up to 400 GW/square cm, by utilizing its advanced thin-film and circuit designing technologies.

Key Market Trends

Optical Communication Drive the Optical Modulators Market

- Today's soaring demand for increasing the data transmission rate motivates a great challenge to improve the spectral efficiency of fiber-optical channels. To achieve higher spectral efficiency, exploiting an advanced coded modulation scheme is inevitable. This, coupled with advances in the telecommunication industry, has increased the adoption of optical modulators in Optical Communication. Optical fibers, conceived for fast communication on long distances, are also developing in manifold other industrial and commercial sectors, widening the applicative potentialities of photonic technologies.

- Further, with the advent of optical fiber networks globally, the size, performance and power consumption of the lithium niobate modulators are becoming a crucial factor to be considered for telecoms operators, especially when the data centers and base stations are being forecast to be among the largest electricity users across the telecoms industry.

- The widespread use of optical fibers in communications is boosted by the growing demand for higher performance and speed, forecast a bright future for the optical technology, also because optical fibers are the base for applications in several other applicative contexts. According to Wire Tech World, with 3 billion dollars in 2016, in 2021, the global market of cables, fiber sensors and connectors will reach about 5 billion, with an expectation of 9 billion within 2025, communications sector, ambits where optical fibers are then proposed for highly diversified applications.

- To support the requirement for faster data rates, superior switching techniques, and more intelligent network architectures that can automatically adjust dynamically in response to traffic patterns and, at the same time, be cost-effective, optical modulators can play a substantial role. The trend is anticipated to continue in the future as breakthroughs already attained in the laboratory will be extended to practical deployment, thereby leading to a new generation in fiber optics communications.

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What are the market factors that are explained in the report?

Executive Summary: It includes key trends of the global Optical Modulators market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Optical Modulators market based on production and revenue.

Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Optical Modulators market.

Market Segments: This part of the report discusses product type and application segments of the global Optical Modulators market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approaches Optical Modulators used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

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