Global Optical Chopper System Market 2017-2021
- Published: Jul 2017
- Pages: 72
- SKU: IRTNTR13223
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This industry research report identifies Edmund Optics, Newport, Standford Research Systems, and Thorlabs as the key vendors in the global optical chopper system market. A comprehensive analysis of this market is also presented by product (LCD TV, fiber optics, rotary chopper, spectrometer, sensor, and others), by application (consumer electronics, telecommunications, research and development, data center, aerospace and defense, and others), and by geography (the Americas, APAC, and EMEA).
Overview of the global optical chopper system market
Market research analysts at Technavio predict that the global optical chopper system market will grow steadily during the next four years at a CAGR of around 5% by 2021. The implementation of smart cities is identified as one of the primary growth factors for this market. With the help of many sensors in place, smart cities provide the government with vital information on the consumption of water and electricity. The data collected can be analyzed for demographic mapping and planning the city’s growth for the future. The growth of smart cities will depend on government support and public-private partnerships. Smart cities provide a lot of scope for development mainly in emerging economies from APAC, such as India and China. The growth of the smart cities will, in turn, push the demand for fiber optics and sensor technologies in their respective markets. This will spur the demand for optical chopper systems at a component level. The high growth prospects of smart city initiatives will continue to influence the optical chopper system market during the forecast period.
In terms of geographic regions, APAC will be the major revenue contributor to the optical chopper system market throughout the forecast period. As technological trends such as LTE deployment, 5G, IoT (Internet of things) have high impact in this region, the optical chopper system market is projected to grow at a higher rate than the other regions in the future. Moreover, advanced technologies such as fiber optics, Li-Fi, environmental sensors, and testing equipment will replace the traditional segments. This will create a demand for specialized optical chopper systems and modulators that can be embedded into the systems and applications in the region.
Competitive landscape and key vendors
The optical chopper system market is consolidated with the leading vendors representing almost 90% of the overall market. A sizable portion of the market revenue is generated through the sale of solutions embedded in products across the wide range of verticals. Moreover, the competitors in the market must innovate and try to merge with companies from different areas of specialization to sustain themselves in this market.
The leading vendors in the market are -
- Edmund Optics
- Newport
- Standford Research Systems
- Thorlabs
The other prominent vendors in the market are Electro-Optical Products, Hinds Instruments, Scitec Instruments, and Terahertz Technologies.
Segmentation by product and analysis of the optical chopper system market
- LCD TV
- Fiber optics
- Rotary chopper
- Spectrometer
- Sensor
The fiber optics segment will be the fastest growing segment of the optical chopper system market by 2021. Factors such as the increased adoption of fiber optics in the developed and developing economies and the ongoing deployment of LTE will contribute to the growth of this industry segment in the coming years. Moreover, the popularity of IoT and connected devices, and the rollout of 5G in the future will also enhance the demand for optical modulators that can be applied to fiber optics technologies.
Segmentation by application and analysis of the optical chopper system market
- Consumer electronics
- Telecommunications
- Research and development
- Data center
- Aerospace and defense
As per this market research report, the consumer electronics segment held the maximum market share of the optical chopper system market during 2016. However, the telecommunications segment will lead the market during the forecast period due to the proliferation of IoT and high demand for fiber optics.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global optical chopper system market?
- What are the key market trends impacting the growth of the global optical chopper system market?
- What are the challenges to market growth?
- Who are the key vendors in the global optical chopper system market?
- What are the market opportunities and threats faced by the vendors in the global optical chopper system market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global optical chopper system market?
Technavio also offers customization on reports based on specific client requirement.
An optical chopper can be defined as a device that interrupts a light beam at regular intervals. With its initial application being in the measurement of the speed of light, optical choppers have found significance in various applications including anti-lock braking systems, spectrometers, speed sensors, and LCD displays. With a number of global vendors equally competing to gain significant revenue shares, the market for optical choppers is quite competitive. By offering comprehensive information on the various factors that will influence and challenge the growth of the vendors, Technavio’s research reports on the various markets of the hardware and semiconductor industry will help clients gain a competitive edge over their competitors.
This upcoming industry research report on the optical chopper system market for the forecast period 2017 to 2021 offers actionable insights devised based on the data collected from reliable sources such as industry experts and manufacturers. According to our market research experts, the significant increase in the adoption of mobile devices such as smartphones and tablets will be a major factor fueling the growth of this market. In addition to syndicated reports, Technavio also provides customized reports based on the requirements of the clients.
This upcoming report from Technavio for the global optical chopper system market will highlight the key factors that will drive the growth of the market, major market trends, and the factors that will pose as significant risks to the growth of the vendors in the hardware semiconductor industry.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by application
- Global optical chopper system market by application
- Global optical chopper system market by consumer electronics
- Global optical chopper system market by telecommunications
- Global optical chopper system market by research and development
- Global optical chopper system market by data center
- Global optical chopper system market by aerospace and defense
- Global optical chopper system market by others
PART 07: Market segmentation by product
- Global optical chopper system market by product
- Global optical chopper system market by LCD TV
- Global optical chopper system market by fiber optics
- Global optical chopper system market by rotary chopper
- Global optical chopper system market by spectrometer
- Global optical chopper system market by sensor
- Global optical chopper system market by others
PART 08: Geographical segmentation
- Optical chopper system market in APAC
- Optical chopper system market in Americas
- Optical chopper system market in EMEA
PART 09: Key leading countries
- US
- UK
- China
PART 10: Decision framework
PART 11: Drivers and challenges
- Market drivers
- Market challenges
PART 12: Market trends
- The rise of silicon photonics
- R&D in the field of quantum computing
- Emergence of Industrie 4.0
PART 13: Vendor landscape
- Competitive scenario
PART 14: Key vendor analysis
- Edmund Optics
- Newport
- Stanford Research Systems
- Thorlabs
- Other prominent vendors
PART 15: Appendix
List of abbreviations
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
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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