Global Active Optical Cable Market to Garner USD 16,285.2 MN, with 25.1% CAGR during 2022-2030

The active optical cable market is growing continually, witnessing increasing production of electric and electronic equipment. Active optical cables (AOC) are extensively used for long-lasting, reliable electrical connections. Besides, the growing demand for specialized design and manufacturing solutions for complex electrical and electromedical components creates a vast demand for the active optical technology platform.
Market Research Future (MRFR) asserts that the global active optical cable market is poised to reach USD 16,285.2 MN by 2030, registering around 25.1% CAGR throughout the assessment period (2022-2030). Substantial investments made by major manufacturers in developing highly configurable active optical cables substantiate the market size.
The growing demand for small form-factor hybrid solutions providing power, control, and data transmission across long distances in machine vision systems, factory automation, robotics, and intelligent sensing devices escalate the market value. Additionally, the ever-increasing power demand worldwide drives the growth of the market.
Stringent regulations and compliance parameters related to the safety and security of wiring structures foster market shares. The increasing number of power distribution/generation plants and substations across the globe is expected to support the market revenue growth throughout the review period. Additional factors positively impacting the market value include growing investments in renewable energy and power infrastructure upgrades.
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Active Optical Cable Market - Segments
The market is segmented into types, form factors, applications, end users, and regions. The type segment is bifurcated into InfiniBand, Ethernet, serial-attached SCSI (SAS), display ports {display port alt mode (DP-ALT), MIPI, others}, PCI express (PCIE), HDMI, and thunderbolt (thunderbolt 3, thunderbolt 4, others), USB (USB 2.0, USB 3.0, USB 3.1, USB 3.2, and USB 4.0), USB type C, and others.
The application segment is bifurcated into data centers, high-performance computing (HPC), consumer electronics (CE), telecommunications, personal computing (PC), digital signage, machine vision (factory automation, medical imaging, security systems, POS systems, automotive, autonomous vehicles & tethered drones air/land, edge computing, professional videography & photography), robotics, fiber sensors, and others.
The form factor segment is bifurcated into typical connector types (QSFP/QSFP+, SFP, SFP+, PCIe, CXP, Cx4, CFP/CFP2/CFP4, CDFP, and others. The end-user segment is bifurcated into energy & power, oil & gas, medical, military/aerospace (military, commercial aerospace, space flight), IT & telecommunications, consumer, and others. The region segment is bifurcated into the Americas, Asia-Pacific, MEA, and rest-of-the-world.
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Active Optical Cable Market - Regional Analysis
The Asia Pacific region dominates the global active optical cable market. Due to the high energy demand, the region witnesses a high demand for active optical cables. Besides, raw material advantage and cost-competitive workforces available in the region impact the market growth positively. Also, the rapid urbanization and industrialization and the spurring growth in the construction sector create vast market demand.
China and India account for sizable markets for active optical cable due to rapid population growth and economic rise. Furthermore, the burgeoning power sector drives growth in the APAC market, witnessing increased requirements for wiring harnesses and other electrical components.
Active Optical Cable Market - Competitive Analysis
The highly competitive active optical cable market appears fragmented due to the presence of several notable players. Leading players adopt strategies like collaboration, mergers & acquisitions, expansion, and technology launches to gain a larger competitive share. These players also make substantial R&D investments in developing adept technologies. Considerable investments go into expansion plans to increase global reach and gain diverse expertise.
Major Players
Key players leading the global active optical cable market include TE Connectivity, Finisar Corporation (II-VI Incorporated), Avago Technologies Ltd (Broadcom Inc.), Amphenol Corporation, Molex Inc., Emcore Corporation, Siemon, Shenzhen Gigalight Technology Co., Ltd., 3M Company, Sumitomo Electric, T&C Communication Co, Ltd., Corning Incorporated, Mobix Labs Inc., Alysium Tech GmbH, Intel Corporation, Dell Inc., Chromis Technologies, IOI Technology Corporation, and Unixtar Technology Inc., among others.
Industry/ Innovation/ Related News
March 8, 2022 -- SmartAVLink (Euroway Technology Co, Ltd), a leading global active optical cables (AOC) manufacturer, launched its next-generation USB type C active optical cable available 10 meters (33 feet) in length. This new built-in active circuitry doesn't need external power, eliminating external power supply costs. Highly resistant to EMI/RFI Interference, the USB C can be used in high-interference environments, such as data centers and manufacturing facilities.
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