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Optical Modulators Market Size, Share, Demand, Trends and Forecast Report till 2026

11-22-2021 11:05 AM CET | IT, New Media & Software

Press release from: Market Insights Reports

The Global Optical Modulators Market Report provides a study with an in-depth overview, describing the product/industry Scope and elaborating market outlook and status (2021-2026). The report is curated after in-depth research and analysis by experts. The report provides comprehensive valuable insights on the global Optical Modulators market development activities demonstrated by industry players, growth opportunities, and market sizing with analysis by key segments, leading and emerging players, and geographies.

The Optical Modulators Market was valued at USD 29.06 billion in 2020, and it is expected to register a CAGR of 6.83%, during the period of 2021-2026.

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Top Companies in the Global Optical Modulators Market: 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

Industry News:

- In Jan 2020, IIVI 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.

Segment by Type
Intensity Modulators
Phase Modulators
Spatial Light Modulators

Segment by Application
Camera
Electronic Products
Other

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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North America is Expected to Hold a Major Share

- The roll-out of 5G commercial services globally is expected to commence during 2019 - 2020. The market is expected to witness growth by supporting the accelerated build-out of 5G in the United States. Moreover, according to Ericsson, by the end of 2025, the 5G mobile subscription is expected to reach 318 million, which is more than 80% penetration of all the mobile subscriptions in the North America region, which would further fuel the demand for 5G infrastructure.
- Unlocking the full potential of 5G in the United States majorly depends on the extension of fiber deep into the network. However, despite the demand and potential economic benefits of fiber deployment, the United States currently lacks the fiber density in access networks to make the bandwidth advancements necessary to improve the pace of innovation and economic growth.

Key Reasons to Purchase:
 
- To gain insightful analyses of the market and have comprehensive understanding of the global Optical Modulators market and its commercial landscape.
 
- Assess the production processes, major issues, and solutions to mitigate the development risk.
 
- To understand the most affecting driving and restraining forces in the market and its impact in the global market.
 
- Learn about the market strategies that are being adopted by leading respective organizations.
 
- To understand the future outlook and prospects for the Optical Modulators market.

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About Us

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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