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The active optical cable market share is expected to increase to USD 5.78 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 25.93%.
This active optical cable market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers active optical cable market segmentation by end-user (data center, consumer electronics, high-performance computing, telecommunication, and others) and geography (APAC, North America, Europe, South America, and Middle East and Africa). The active optical cable market report also offers information on several market vendors, including 3M Co., Amphenol Corp., Broadcom Inc., Emcore Corp., Fujikura Co. Ltd., Fujitsu Ltd., GIGALIGHT, Hitachi Ltd., International Business Machines Corp., II VI Inc., Koch Industries Inc., Leoni AG, Lumentum Holdings Inc., Optomind Inc, SANWA DENKI KOGYO Co.Ltd., Sopto Technology Co. Ltd., Sumitomo Electric Industries Ltd., TE Connectivity Ltd., The Siemon Co., and Yangtze Optical Fibre and Cable Joint Stock Ltd. Co. among others.
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The expansion of data centers is notably driving the active optical cable market growth, although factors such as the complexities involved in wired communication networks may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the active optical cable industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Active Optical Cable Market Driver
One of the key factors driving growth in the active optical cable market is the expansion of data centers. Data centers have become an important part of almost all business enterprises. Massive growth in the data generated by in IT and telecommunication companies has compelled several vendors to build data centers of their own or lease data center space. The growing focus on cloud computing will drive the need for data centers during the forecast period. The growing demand for data centers also increases the need for active optical cables for faster data transmission, which will drive the growth of the global active optical cable market.
Key Active Optical Cable Market Trend
The adoption of 5G networks is an active optical cable market trend that is expected to have a positive impact in the coming years. Telecommunication service providers and network device manufacturers are showing an increasing interest in 5G network deployment. The 5G network will provide ultra-fast Internet connectivity with low latency, which requires a flexible spectrum framework, such as an active optical cable. This will help enterprises enhance their performance as the demand for high-bandwidth applications, such as movie and music streaming and downloads, is increasing significantly. Active optical cable complements 5G and helps in providing backhaul services, especially in small-cell deployment and high-frequency utilization in the millimeter band. These factors are anticipated to boost the growth of the global active optical cable market.
Key Active Optical Cable Market Challenge
The complexities involved in wired communication networks will be a major challenge for the active optical cable market during the forecast period. One of the technical challenges associated with active optical cables, which impacts the growth of the global active optical cable market, is the fault detection process in already installed fiber optic cables. The fault detection in a fiber optic cable is achieved through either the time-domain reflectometry (TDR) method or the frequency-domain fault detection (FD) method. These FD approaches used by companies involve expensive testing equipment such as oscillators and pulse generators. In addition, building wired communication networks include the high costs incurred on installation, workforce, and replacement. These additional expenses lead to a reduced return on investment (ROI). Due to these factors, network operators are focusing on developing wireless technologies, which is expected to possibly hinder the demand for active optical cables and thereby hinder the growth of the global active optical cable market.
This active optical cable market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global active optical cable market as a part of the global consumer electronics market within the global household durables market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the active optical cable market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the active optical cable market encompasses successful business strategies deployed by the key vendors. The active optical cable market is fragmented and the vendors are deploying growth strategies such as focusing on launching new and innovative products, cost-effective production cycles, and technological developments to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The active optical cable market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the active optical cable market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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55% of the market's growth will originate from APAC during the forecast period. China, South Korea, and Japan are the key markets for active optical cable in APAC. Market growth in this region will be slower than the growth of the market in the North American, MEA, and European regions.
The increasing number of telecom subscribers and the deployment of active optical cable in the communication sector will facilitate the active optical cable market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The COVID-19 outbreak negatively impacted several countries in the region, including China, India, South Korea, and Japan, in 2020. The outbreak negatively affected the overall economy of APAC, supply chains, and the operations of the industrial and telecommunication sectors. However, in H1 2021, the introduction of vaccines led to a decline in the number of COVID-19 cases in the region. This resulted in the lifting of COVID-19-related restrictions and the reopening of manufacturing units of active optical cable, which increased the demand for active optical cables from end-users such as data centers, electronic consumers, and telecommunication providers in APAC in 2021.
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The active optical cable market share growth by the data center segment will be significant during the forecast period. The increased operating expense (OPEX) through large power consumption and carbon emissions is expected to lead to more consolidation during the forecast period. Many enterprises are involved in the consolidation of the existing facilities by moving their operations to data centers, which is increasing the demand for active optical cable, which is, in turn, expected to drive the growth of the global active optical cable market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the active optical cable market size and actionable market insights on post COVID-19 impact on each segment.
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Active Optical Cable Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 25.93% |
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Market growth 2022-2026 |
$ 5.78 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
25.11 |
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Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 55% |
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Key consumer countries |
US, China, Japan, South Korea, and Germany |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
3M Co., Amphenol Corp., Broadcom Inc., Emcore Corp., Fujikura Co. Ltd., Fujitsu Ltd., GIGALIGHT, Hitachi Ltd., International Business Machines Corp., II VI Inc., Koch Industries Inc., Leoni AG, Lumentum Holdings Inc., Optomind Inc, SANWA DENKI KOGYO Co.Ltd., Sopto Technology Co. Ltd., Sumitomo Electric Industries Ltd., TE Connectivity Ltd., The Siemon Co., and Yangtze Optical Fibre and Cable Joint Stock Ltd. Co. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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