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Optical Switches Market 2019 Global Size, Share, New Technologies, Business Trends, Emerging Opportunity, Segments and Forecast 2023

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Optical Switches Market 2019 Global Size, Share, New Technologies, Business Trends, Emerging Opportunity, Segments and Forecast 2023

April 17
12:37 2020
Optical Switches Market 2019 Global Size, Share, New Technologies, Business Trends, Emerging Opportunity, Segments and Forecast 2023

Optical Switches Market
The global optical switches market is expected to grow from USD 3.98 billion in 2018 to USD 8.61 billion by 2024, at a CAGR of 14.05% during the forecast period.

Market Highlights

The growing data traffic and consequent increase in demand for high data transmission rates and reduction in energy consumption are the key drivers of optical switches market.

Based on type, the global optical switches market has been classified into acousto optical switches, liquid crystal optical switches, bubble optical switches, fiber Bragg grating=-based optical switches, mechanical optical switches, magneto-optical switches, and others. The mechanical optical switches segment is expected to dominate the market during the review period due to its owing to its growing adoption in mechanical keyboards. This segment is also expected to register the highest CAGR during the forecast period.

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On the basis of sales channel, the global optical switches market has been divided into original equipment manufacturers (OEMs), offline distributor, and online distributor. OEMs are expected to dominate the market in 2018 and the offline distributor segment is expected to register the highest CAGR during the review period.

On the basis of application, the global optical switches market has been divided into optical switching, fiber restoration and optic component testing, optical add-drop multiplexing, optical cross-connects (OXC), signal monitoring, and others. The optical switching segment is expected to be the largest during the review period owing to their growing adoption in data centers to facilitate both traffic control and for providing protection switching between the networks.

Key players

The key players profiled in the optical switches market research report are Juniper Networks  (US), Keysight Technologies Inc. (China), HP Enterprises (US), ON Semiconductor (US), Fujitsu Ltd (Japan), ZTE Corporation (China), Yokogawa Electric Corporation (Japan), Omron Corporation (Japan), Huawei Technologies (China), NEC Corporation (Japan), D-Link Corporation (Taiwan), Emcore Corporation (US), Cisco Systems, Inc. (US), DiCon Fiberoptics, Inc. (US), and OPTEK Technology, Inc. (US).

Segmentation

By type, the market has been segregated into acousto optical switches, liquid crystal optical switches, bubble optical switches, fiber Bragg grating-based optical switches, mechanical optical switches, magneto-optical switches, and others.

By sales channel vertical, the market has been segmented into OEMs, offline distributor, online distributor.

By application, the market has been segmented into optical switching, fiber restoration and optic component testing, optical add-drop multiplexing, optical cross-connects (OXC), signal monitoring, and others.

By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.

 

Regional Analysis

The geographic analysis of the optical switches market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world. 

The North American market has been segmented into the US, Canada, and Mexico. The regional market is expected to account for the second largest share of the global optical switches market during the review period. The growth of the market in North America can be attributed to the growing number of data centers in the region. Furthermore, the high concentration of market players in the region coupled with the availability of proficient technical expertise also boost market growth.

In terms of market size, Europe is expected to hold the second-largest share. The European market has been divided into the UK, Germany, France, and the rest of Europe. Germany is the leading country-level market, whereas the market in France is expected to register the highest growth rate during the forecast period.

The market in Asia-Pacific is expected to be the largest and fastest-growing during the review period of 2018 to 2024. The regional market has been classified as China, Japan, India, and the rest of Asia-Pacific. Easy availability of low-cost raw materials that promote mass production of low-cost optical switches and increasing automation across different industry verticals that demand the use of optical switches are the key drivers for the optical switches in the region.

TABLE OF CONTENTS

1 Executive Summary

1.1 Market Attractiveness Analysis

1.2 Global Optical Switches Market, By Type

1.3 Global Optical Switches Market, By Sales Channels

1.4 Global Optical Switches Market, By Application

1.5 Global Optical Switches Market, By Region

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.3 Markets Structure

2.4 Key Buying Criteria

2.5 Macro Factor Indicator Analysis

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

3.5 List Of Assumptions

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LIST OF TABLES

Table 1 Global Optical Switches Market, By Region, 2018–2024

Table 2 North America: Optical Switches Market, By Country, 2018–2024

Table 3 Europe: Optical Switches Market, By Country, 2018–2024

LIST OF FIGURES

FIGURE 1 Global Optical Switches Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of The Global Optical Switches Market

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Website: https://www.marketresearchfuture.com/reports/optical-switches-market-7669


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