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Optical Power Meter Market to Witness Huge Growth by 2031 | Thorlabs, Inc, Viavi Solutions Inc and more

01-04-2023 03:50 PM CET | IT, New Media & Software

Press release from: Persistence Market Research Pvt Ltd

/ PR Agency: Persistence Market Research Pvt Ltd
Optical Power Meter Market

Optical Power Meter Market

Optical Power Meter Market to 2031

Optical power measurement is the most common task in optic calibration, and measurements such as optical amplifier output power, laser power, and receiver sensitivity. The optical power meter is a type of fiber optics test equipment used to measure the electricity in optical networks. The optical power meter is consist of calibrated sensor, display, and measuring amplifier. It serves as a convenient tool for manufacture, research & development, and maintenance of equipment incorporated with laser light sources.

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Thermal receivers and photodetectors are the two main categories of optical power metres. Thermal receivers feature a broad range of wavelengths and a flat response. On the other hand, photodetectors have excellent sensitivity, increased wavelength dependence, and can monitor power levels as low as 1pW. Excellent linearity, homogeneity, full power range, significant reflections, low polarisation dependence, and compatibility with various fibre types are all characteristics of optical power metres.

Key Players-

Some of the prominent players in the optical power meter market are

• Thorlabs, Inc.
• Kingfisher International Pty Ltd.
• Viavi Solutions Inc.
• GAO Tek, Inc.
• Newport Corporation
• EXFO Inc.
• AFL
• Edmund Optics Inc.
• Fluke Corporation
• CableOrganizer.com, Inc.
• INFOS, Inc.

Techwin(China) Industry Co., Ltd., Bioptic Co., Ltd., Kn Communication Limited, Dicon fiberoptics Inc., Changzhou Bell Data Communication Equipment Co., Ltd., others.

Optical Power Meter Market

Optical Power Meter Market: Drivers and Restraints

The key reason propelling the growth of the global optical power metre market is the expanding need for more capacity in the telecommunications sector, enhanced connectivity, new technologies, and growing demand for real-time analysis.

Additionally, growing safety standards and environmental regulations, increased automation use, and device accuracy for accurate fault identification and inspection are some of the key factors driving the growth of the optical power metre market over the projection period. The high cost of testers, difficult to maintain dynamic range, and lack of technical understanding may restrain the growth of the optical power metre market during the forecasted period.

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Optical Power Meter Market: Segmentation

Based on product type 

Benchtop Meters
Portable Meters
Virtual Meters

Based on detector type

InGaAs (Indium Gallium Arsenide)
Germanium
Silicon
Others

Based on power range 

High Range
Medium Range
Low Range

Based on application    

Installation & Maintenance
Manufacturing
Research & Development
Others

Based on the end user industry

Telecommunication Industry
Electrical & Electronics Industry
Automotive & Industrial Industry
Military and Aerospace Industry
Energy & Utilities Industry
Others

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Optical Power Meter Market: Region-wise Outlook

The optical power metre market is divided into seven major regions based on geography: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia-Pacific, and the Middle East and Africa. Due to the expanding telecommunications sector, digitalization, growing power grid issues, rapid industrialization, and increased adoption of optical test equipment in these areas, Asia-Pacific is predicted to lead the global market for optical power metres, followed by Europe, Japan, and then Asia-Pacific.

Due to the increased requirement for high bandwidth communication and the rising demand for research and development activities, the optical power metre market is expected to grow at the quickest rate in the Asia-Pacific region during the course of the forecast period.

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