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According to a new report Global Passive Optical Component Market, published by KBV Research, the global Passive Optical Component Market is expected to attain a market size of $44.9 billion by 2022, growing at a CAGR of 19.6% during the forecast period.
The Wavelength division multiplexers/de-multiplexers market dominated the Global Passive Optical Component Market by Type in 2015, and would continue to be a dominant market till 2022; growing at a CAGR of 17.2 % during the forecast period. The Optical Couplers market is expected to witness CAGR of 17.7% during (2016 - 2022). Additionally, The Optical Cables market is expected to witness CAGR of 21.7% during (2016 - 2022).
The Synchronous Digital Hierarchy (SDH) Systems market dominated the Global Passive Optical Component Market by Application in 2015, and would continue to be a dominant market till 2022; growing at a CAGR of 19.2 % during the forecast period. The Interoffice market is expected to witness a CAGR of 19.9% during (2016 - 2022). Additionally, The Synchronous Optical Network (SONET) market is expected to witness highest CAGR of 19.1% during (2016 - 2022).
The Asia-Pacific market dominated the Global Passive Optical Component Market by Region in 2015, and would continue to be a dominant market till 2022; growing at a CAGR of 20.5 % during the forecast period. The Europe market is expected to witness a CAGR of 18.7% during (2016 - 2022). Additionally, The North America market is expected to witness a CAGR of 18.2% during (2016 - 2022).
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the global Passive Optical Component have been discussed in the report along with the elaborated company profiles of Motorola Solutions Inc., Tellabs Inc., Adtran Inc., Calix, Inc., Nokia Corporation, ZTE Corp, Huawei Technologies Comp. Ltd., and NXP Semiconductors N.V.
Full report :- https://www.kbvresearch.com/global-passive-optical-component-market/
Research Scope
North America Passive Optical Component Market
Europe Passive Optical Component Market