The North America Fiber Optic Components Market would witness market growth of 7.5% CAGR during the forecast period (2021-2027).
Increased deployment of the data centers across the region is driving the growth of the fiber optic component market. Fiber optic components are utilized for intra data center and inter data center communications. The optical line that connects two data centers can span thousands of kilometers and also need high transmission rates. Therefore, the data centers need high data bandwidth to transmit a large amount of data over long distances which is leading to the increase in demand for fiber optic components to use in data centers.
In addition, fiber broadband is considered as the fastest way to deliver high speed internet to businesses and residences. Same as cable, fixed wireless and DSL, the fiber broadband connections bridge the last mile between the mainstream internet and the users’ residence. The DSL & cable use existing phone and TV infrastructure as frequency vibrations to transfer data over copper wires, and the fiber networks use light to transmit data over specialized cables packed with glass fibers. Digital data is stored in zeros & ones also known as binary.
Everything seen on the web is the product of streams of binary information such as the dots and dashes of morse code. Transmitting that binary stream data through light pulses is straightforward that is; a pulse represents 1 and no pulse means 0. Fiber optic cables are developed to transmit those pulses rapidly to long distances. The inside of a fiber optic cable is packed with glass made optical fibers as thick as human hair.
The number of broadband connections shows the number of high speed internet connections that need fiber optic cables. Enhanced broadband connections can help in boosting the revenue of the industry because the operators purchase new fiber optic cables in order to serve with high speed internet to customers. The number of broadband connections is anticipated to increase in 2020 which may result in the growth of the fiber optic components market in the North America region.
Furthermore, in the United States, slow telco fiber deployment & an initial focus on FTTC, cable’s strong grip on the market with the continuous network upgrades into DOCSIS 3.1, that enables speeds of up to 1 Gbps, and double/ triple play bundles has also supported the low availability & take up of FTTP. The fiber optic cables are used by more than two-third of the wireless broadband subscribers in the United States.
The US market dominated the North America Fiber Optic Components Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $9,613.2 million by 2027. The Canada market is poised to grow at a CAGR of 10% during (2021 - 2027). Additionally, The Mexico market would expect a CAGR of 9% during (2021 - 2027).
Based on Component, the market is segmented into Transceivers, Cables, Active Optical Cables, Connectors, Amplifiers, Splitters & Circulators and Others. Based on Application, the market is segmented into Communications, Distributed Sensing, Lighting and Analytical & Medical Equipment. Based on Communications Type, the market is segmented into Telecommunications, Data Centers and Enterprises. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Fiber Optic Components Market is Estimated to reach $36.3 Billion by 2027, at a CAGR of 8.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sumitomo Electric Industries, Ltd., Furukawa Electric Co., Ltd., II-VI Incorporated, Amphenol Corporation, Fujitsu Limited (Fujitsu Optical Components Limited), Broadcom, Inc., Lumentum Holdings, Inc., TE Connectivity Ltd., EMCORE Corporation, and Accelink Technology Co. Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Transceivers
- Cables
- Active Optical Cables
- Connectors
- Amplifiers
- Splitters & Circulators
- Others
By Application
- Communications
- Telecommunications
- Data Centers and
- Enterprises
- Distributed Sensing
- Lighting
- Analytical & Medical Equipment
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Sumitomo Electric Industries, Ltd.
- Furukawa Electric Co., Ltd.
- II-VI Incorporated
- Amphenol Corporation
- Fujitsu Limited (Fujitsu Optical Components Limited)
- Broadcom, Inc.
- Lumentum Holdings, Inc.
- TE Connectivity Ltd.
- EMCORE Corporation
- Accelink Technology Co. Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Fiber Optic Components Market, by Component
1.4.2 North America Fiber Optic Components Market, by Application
1.4.3 North America Fiber Optic Components Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Aug – 2021, Sep) Leading Players
Chapter 4. North America Fiber Optic Components Market by Component
4.1 North America Transceivers Market by Country
4.2 North America Cables Market by Country
4.3 North America Active Optical Cables Market by Country
4.4 North America Connectors Market by Country
4.5 North America Amplifiers Market by Country
4.6 North America Splitters & Circulators Market by Country
4.7 North America Others Market by Country
Chapter 5. North America Fiber Optic Components Market by Application
5.1 North America Communications Market by Country
5.2 North America Communications Market by Type
5.2.1 North America Telecommunications Market by Country
5.2.2 North America Data Centers Market by Country
5.2.3 North America Enterprises Market by Country
5.3 North America Distributed Sensing Market by Country
5.4 North America Lighting Market by Country
5.5 North America Analytical & Medical Equipment Market by Country
Chapter 6. North America Fiber Optic Components Market by Country
6.1 US Fiber Optic Components Market
6.1.1 US Fiber Optic Components Market by Component
6.1.2 US Fiber Optic Components Market by Application
6.1.2.1 US Communications Market by Type
6.2 Canada Fiber Optic Components Market
6.2.1 Canada Fiber Optic Components Market by Component
6.2.2 Canada Fiber Optic Components Market by Application
6.2.2.1 Canada Communications Market by Type
6.3 Mexico Fiber Optic Components Market
6.3.1 Mexico Fiber Optic Components Market by Component
6.3.2 Mexico Fiber Optic Components Market by Application
6.3.2.1 Mexico Communications Market by Type
6.4 Rest of North America Fiber Optic Components Market
6.4.1 Rest of North America Fiber Optic Components Market by Component
6.4.2 Rest of North America Fiber Optic Components Market by Application
6.4.2.1 Rest of North America Communications Market by Type
Chapter 7. Company Profiles
7.1 Sumitomo Electric Industries, Ltd.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional & Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.2 Furukawa Electric Co., Ltd.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.3 II-VI Incorporated
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.4 Amphenol Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.5.2 Acquisition and Mergers:
7.5 Fujitsu Limited (Fujitsu Optical Components Limited)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Broadcom, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 Lumentum Holdings, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Acquisition and Mergers:
7.8 TE Connectivity Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Product Launches and Product Expansions:
7.8.5.2 Acquisition and Mergers:
7.8.6 SWOT Analysis
7.9 EMCORE Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreements:
7.9.5.2 Acquisition and Mergers:
7.10. Accelink Technology Co. Ltd.
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Product Launches and Product Expansions:
TABLE 1 North America Fiber Optic Components Market, 2017 - 2020, USD Million
TABLE 2 North America Fiber Optic Components Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Fiber Optic Components Market
TABLE 4 Product Launches And Product Expansions– Fiber Optic Components Market
TABLE 5 Acquisition and Mergers– Fiber Optic Components Market
TABLE 6 North America Fiber Optic Components Market by Component, 2017 - 2020, USD Million
TABLE 7 North America Fiber Optic Components Market by Component, 2021 - 2027, USD Million
TABLE 8 North America Transceivers Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Transceivers Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Cables Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Cables Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Active Optical Cables Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Active Optical Cables Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Connectors Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Connectors Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Amplifiers Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Amplifiers Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Splitters & Circulators Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Splitters & Circulators Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Fiber Optic Components Market by Application, 2017 - 2020, USD Million
TABLE 23 North America Fiber Optic Components Market by Application, 2021 - 2027, USD Million
TABLE 24 North America Communications Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Communications Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Communications Market by Type, 2017 - 2020, USD Million
TABLE 27 North America Communications Market by Type, 2021 - 2027, USD Million
TABLE 28 North America Telecommunications Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Telecommunications Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Data Centers Market by Country, 2017 - 2020, USD Million
TABLE 31 North America Data Centers Market by Country, 2021 - 2027, USD Million
TABLE 32 North America Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 34 North America Distributed Sensing Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Distributed Sensing Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Lighting Market by Country, 2017 - 2020, USD Million
TABLE 37 North America Lighting Market by Country, 2021 - 2027, USD Million
TABLE 38 North America Analytical & Medical Equipment Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Analytical & Medical Equipment Market by Country, 2021 - 2027, USD Million
TABLE 40 North America Fiber Optic Components Market by Country, 2017 - 2020, USD Million
TABLE 41 North America Fiber Optic Components Market by Country, 2021 - 2027, USD Million
TABLE 42 US Fiber Optic Components Market, 2017 - 2020, USD Million
TABLE 43 US Fiber Optic Components Market, 2021 - 2027, USD Million
TABLE 44 US Fiber Optic Components Market by Component, 2017 - 2020, USD Million
TABLE 45 US Fiber Optic Components Market by Component, 2021 - 2027, USD Million
TABLE 46 US Fiber Optic Components Market by Application, 2017 - 2020, USD Million
TABLE 47 US Fiber Optic Components Market by Application, 2021 - 2027, USD Million
TABLE 48 US Communications Market by Type, 2017 - 2020, USD Million
TABLE 49 US Communications Market by Type, 2021 - 2027, USD Million
TABLE 50 Canada Fiber Optic Components Market, 2017 - 2020, USD Million
TABLE 51 Canada Fiber Optic Components Market, 2021 - 2027, USD Million
TABLE 52 Canada Fiber Optic Components Market by Component, 2017 - 2020, USD Million
TABLE 53 Canada Fiber Optic Components Market by Component, 2021 - 2027, USD Million
TABLE 54 Canada Fiber Optic Components Market by Application, 2017 - 2020, USD Million
TABLE 55 Canada Fiber Optic Components Market by Application, 2021 - 2027, USD Million
TABLE 56 Canada Communications Market by Type, 2017 - 2020, USD Million
TABLE 57 Canada Communications Market by Type, 2021 - 2027, USD Million
TABLE 58 Mexico Fiber Optic Components Market, 2017 - 2020, USD Million
TABLE 59 Mexico Fiber Optic Components Market, 2021 - 2027, USD Million
TABLE 60 Mexico Fiber Optic Components Market by Component, 2017 - 2020, USD Million
TABLE 61 Mexico Fiber Optic Components Market by Component, 2021 - 2027, USD Million
TABLE 62 Mexico Fiber Optic Components Market by Application, 2017 - 2020, USD Million
TABLE 63 Mexico Fiber Optic Components Market by Application, 2021 - 2027, USD Million
TABLE 64 Mexico Communications Market by Type, 2017 - 2020, USD Million
TABLE 65 Mexico Communications Market by Type, 2021 - 2027, USD Million
TABLE 66 Rest of North America Fiber Optic Components Market, 2017 - 2020, USD Million
TABLE 67 Rest of North America Fiber Optic Components Market, 2021 - 2027, USD Million
TABLE 68 Rest of North America Fiber Optic Components Market by Component, 2017 - 2020, USD Million
TABLE 69 Rest of North America Fiber Optic Components Market by Component, 2021 - 2027, USD Million
TABLE 70 Rest of North America Fiber Optic Components Market by Application, 2017 - 2020, USD Million
TABLE 71 Rest of North America Fiber Optic Components Market by Application, 2021 - 2027, USD Million
TABLE 72 Rest of North America Communications Market by Type, 2017 - 2020, USD Million
TABLE 73 Rest of North America Communications Market by Type, 2021 - 2027, USD Million
TABLE 74 Key information – SUMITOMO ELECTRIC INDUSTRIES, Ltd.
TABLE 75 Key Information –Furukawa Electric Co., Ltd.
TABLE 76 Key Information – II-VI Incorporated
TABLE 77 key information – Amphenol Corporation
TABLE 78 Key Information – Fujitsu Limited
TABLE 79 Key Information – Broadcom, Inc.
TABLE 80 Key Information – Lumentum Holdings, Inc.
TABLE 81 Key information –TE Connectivity Ltd.
TABLE 82 key information – EMCORE Corporation
TABLE 83 key information – Accelink Technology Co. Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Aug – 2021, Sep) Leading Players
FIG 5 Recent strategies and developments: Furukawa Electric Co., Ltd.
FIG 6 Recent strategies and developments: Amphenol Corporation
FIG 7 Recent strategies and developments: Fujitsu Limited
FIG 8 SWOT Analysis: Fujitsu Limited
FIG 9 SWOT Analysis: Broadcom, Inc.
FIG 10 Recent strategies and developments: Lumentum Holdings, Inc.
FIG 11 Recent strategies and developments: TE Connectivity Ltd.
FIG 12 SWOT Analysis: TE Connectivity Ltd.
FIG 13 Recent strategies and developments: EMCORE Corporation
FIG 14 Recent strategies and developments: Accelink Technology Co. Ltd.