The North America Optical Waveguide Market would witness market growth of 6.4% CAGR during the forecast period (2023-2029).
Optical waveguides have many potential properties, including biocompatibility, dispersed sensing capability, immunity to electromagnetic noise, and high bandwidth. These features are predicted to support the expansion of the optical waveguide market in the upcoming years. The market for optical waveguides is primarily driven by the quick increase in the use of electronic devices, as well as by the massive volume of data flow and increased data traffic. Furthermore, in the near future, there will likely be a demand for optical waveguides due to the rising popularity of the internet and the desire for low power usage.
In addition, the development and growing use of fast cloud computing methods propel the market for optical waveguides. Because optical connections can convert signals from electrical to optical with low frequency-dependent loss and high bandwidth, it is a major factor driving the demand for optical waveguides. Also, the optical waveguide can help manage the sizeable volume of data produced from data centers and cloud computing. The acceptance of this product is supported by its distinctive qualities, such as biocompatibility, dispersed sensing, and resistance to electromagnetic disturbances like those from motors and radios.
Businesses are attempting to transition toward PICs due to rising data rates & bandwidth requirements. Future applications may benefit from PICs that operate with light and photons rather than electricity and electrons because they could provide a wider bandwidth and greater efficiency. In addition, PICs have been coming up with new approaches to advance technology, like quantum computing. In North America, more bandwidths and greater efficiency are anticipated to be needed for data & communications in the future, which will encourage the development of PICs in the region. Throughout the forecast period, it is also projected that the rising demand for PICs will promote regional market growth in North America.
The US market dominated the North America Optical Waveguide Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $2,083.3 million by 2029. The Canada market is poise to grow at a CAGR of 8.8% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 7.8% during (2023 - 2029).
Based on Type, the market is segmented into Channel Waveguide and Planar Waveguide. Based on Interconnect Level, the market is segmented into Board-to-board & Rack-level Optical Interconnect, Chip- & Board-level Optical Interconnect and Metro & Long-haul Optical Interconnect. Based on Material, the market is segmented into Glass, Polymer and Semiconductor. Based on Propagation, the market is segmented into Single-mode and Multi-mode. Based on Industry, the market is segmented into Telecommunication, Data Center & High-Performance Computing (HPC), Industrial & Metrology, Medical, Aerospace & Defense, Consumer Electronics and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Optical Waveguide Market is Projected to reach USD 9.9 Billion by 2029, at a CAGR of 7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Corning Incorporated, Sumitomo Electric Industries, Ltd., Yangtze Optical Fibre and Cable Joint Stock Limited Company, Fujikura Ltd., Prysmian Group, Furukawa Electric Co., Ltd., CommScope Holding Company, Inc., Sterlite Technologies Limited, Coherent Corp. and DigiLens Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Channel Waveguide
- Planar Waveguide
By Interconnect Level
- Board-to-board & Rack-level Optical Interconnect
- Chip- & Board-level Optical Interconnect
- Metro & Long-haul Optical Interconnect
By Material
- Glass
- Polymer
- Semiconductor
By Propagation
By Industry
- Telecommunication
- Data Center & High-Performance Computing (HPC)
- Industrial & Metrology
- Medical
- Aerospace & Defense
- Consumer Electronics
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Corning Incorporated
- Sumitomo Electric Industries, Ltd.
- Yangtze Optical Fibre and Cable Joint Stock Limited Company
- Fujikura Ltd.
- Prysmian Group
- Furukawa Electric Co., Ltd.
- CommScope Holding Company, Inc.
- Sterlite Technologies Limited
- Coherent Corp.
- DigiLens Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Optical Waveguide Market, by Type
1.4.2 North America Optical Waveguide Market, by Interconnect Level
1.4.3 North America Optical Waveguide Market, by Material
1.4.4 North America Optical Waveguide Market, by Propagation
1.4.5 North America Optical Waveguide Market, by Industry
1.4.6 North America Optical Waveguide 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 & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Optical Waveguide Market
Chapter 4. North America Optical Waveguide Market by Type
4.1 North America Channel Waveguide Market by Country
4.2 North America Planar Waveguide Market by Country
Chapter 5. North America Optical Waveguide Market by Interconnect Level
5.1 North America Board-to-board & Rack-level Optical Interconnect Market by Country
5.2 North America Chip- & Board-level Optical Interconnect Market by Country
5.3 North America Metro & Long-haul Optical Interconnect Market by Country
Chapter 6. North America Optical Waveguide Market by Material
6.1 North America Glass Market by Country
6.2 North America Polymer Market by Country
6.3 North America Semiconductor Market by Country
Chapter 7. North America Optical Waveguide Market by Propagation
7.1 North America Single-mode Market by Country
7.2 North America Multi-mode Market by Country
Chapter 8. North America Optical Waveguide Market by Industry
8.1 North America Telecommunication Market by Country
8.2 North America Data Center & High-Performance Computing (HPC) Market by Country
8.3 North America Industrial & Metrology Market by Country
8.4 North America Medical Market by Country
8.5 North America Aerospace & Defense Market by Country
8.6 North America Consumer Electronics Market by Country
8.7 North America Others Market by Country
Chapter 9. North America Optical Waveguide Market by Country
9.1 US Optical Waveguide Market
9.1.1 US Optical Waveguide Market by Type
9.1.2 US Optical Waveguide Market by Interconnect Level
9.1.3 US Optical Waveguide Market by Material
9.1.4 US Optical Waveguide Market by Propagation
9.1.5 US Optical Waveguide Market by Industry
9.2 Canada Optical Waveguide Market
9.2.1 Canada Optical Waveguide Market by Type
9.2.2 Canada Optical Waveguide Market by Interconnect Level
9.2.3 Canada Optical Waveguide Market by Material
9.2.4 Canada Optical Waveguide Market by Propagation
9.2.5 Canada Optical Waveguide Market by Industry
9.3 Mexico Optical Waveguide Market
9.3.1 Mexico Optical Waveguide Market by Type
9.3.2 Mexico Optical Waveguide Market by Interconnect Level
9.3.3 Mexico Optical Waveguide Market by Material
9.3.4 Mexico Optical Waveguide Market by Propagation
9.3.5 Mexico Optical Waveguide Market by Industry
9.4 Rest of North America Optical Waveguide Market
9.4.1 Rest of North America Optical Waveguide Market by Type
9.4.2 Rest of North America Optical Waveguide Market by Interconnect Level
9.4.3 Rest of North America Optical Waveguide Market by Material
9.4.4 Rest of North America Optical Waveguide Market by Propagation
9.4.5 Rest of North America Optical Waveguide Market by Industry
Chapter 10. Company Profiles
10.1 Corning Incorporated
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.2 Sumitomo Electric Industries, Ltd.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional & Segmental Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.3 Yangtze Optical Fibre and Cable Joint Stock Limited Company
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.4 Fujikura Ltd.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.5 Prysmian Group
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.5.2 Acquisition and Mergers:
10.6 Furukawa Electric Co., Ltd.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.7 CommScope Holding Company, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.8 Sterlite Technologies Limited
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.5.2 Acquisition and Mergers:
10.9 Coherent Corp.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.10. DigiLens Inc.
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Optical Waveguide Market, 2019 - 2022, USD Million
TABLE 2 North America Optical Waveguide Market, 2023 - 2029, USD Million
TABLE 3 North America Optical Waveguide Market by Type, 2019 - 2022, USD Million
TABLE 4 North America Optical Waveguide Market by Type, 2023 - 2029, USD Million
TABLE 5 North America Channel Waveguide Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Channel Waveguide Market by Country, 2023 - 2029, USD Million
TABLE 7 North America Planar Waveguide Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Planar Waveguide Market by Country, 2023 - 2029, USD Million
TABLE 9 North America Optical Waveguide Market by Interconnect Level, 2019 - 2022, USD Million
TABLE 10 North America Optical Waveguide Market by Interconnect Level, 2023 - 2029, USD Million
TABLE 11 North America Board-to-board & Rack-level Optical Interconnect Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Board-to-board & Rack-level Optical Interconnect Market by Country, 2023 - 2029, USD Million
TABLE 13 North America Chip- & Board-level Optical Interconnect Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Chip- & Board-level Optical Interconnect Market by Country, 2023 - 2029, USD Million
TABLE 15 North America Metro & Long-haul Optical Interconnect Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Metro & Long-haul Optical Interconnect Market by Country, 2023 - 2029, USD Million
TABLE 17 North America Optical Waveguide Market by Material, 2019 - 2022, USD Million
TABLE 18 North America Optical Waveguide Market by Material, 2023 - 2029, USD Million
TABLE 19 North America Glass Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Glass Market by Country, 2023 - 2029, USD Million
TABLE 21 North America Polymer Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Polymer Market by Country, 2023 - 2029, USD Million
TABLE 23 North America Semiconductor Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Semiconductor Market by Country, 2023 - 2029, USD Million
TABLE 25 North America Optical Waveguide Market by Propagation, 2019 - 2022, USD Million
TABLE 26 North America Optical Waveguide Market by Propagation, 2023 - 2029, USD Million
TABLE 27 North America Single-mode Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Single-mode Market by Country, 2023 - 2029, USD Million
TABLE 29 North America Multi-mode Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Multi-mode Market by Country, 2023 - 2029, USD Million
TABLE 31 North America Optical Waveguide Market by Industry, 2019 - 2022, USD Million
TABLE 32 North America Optical Waveguide Market by Industry, 2023 - 2029, USD Million
TABLE 33 North America Telecommunication Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Telecommunication Market by Country, 2023 - 2029, USD Million
TABLE 35 North America Data Center & High-Performance Computing (HPC) Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Data Center & High-Performance Computing (HPC) Market by Country, 2023 - 2029, USD Million
TABLE 37 North America Industrial & Metrology Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Industrial & Metrology Market by Country, 2023 - 2029, USD Million
TABLE 39 North America Medical Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Medical Market by Country, 2023 - 2029, USD Million
TABLE 41 North America Aerospace & Defense Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Aerospace & Defense Market by Country, 2023 - 2029, USD Million
TABLE 43 North America Consumer Electronics Market by Country, 2019 - 2022, USD Million
TABLE 44 North America Consumer Electronics Market by Country, 2023 - 2029, USD Million
TABLE 45 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 47 North America Optical Waveguide Market by Country, 2019 - 2022, USD Million
TABLE 48 North America Optical Waveguide Market by Country, 2023 - 2029, USD Million
TABLE 49 US Optical Waveguide Market, 2019 - 2022, USD Million
TABLE 50 US Optical Waveguide Market, 2023 - 2029, USD Million
TABLE 51 US Optical Waveguide Market by Type, 2019 - 2022, USD Million
TABLE 52 US Optical Waveguide Market by Type, 2023 - 2029, USD Million
TABLE 53 US Optical Waveguide Market by Interconnect Level, 2019 - 2022, USD Million
TABLE 54 US Optical Waveguide Market by Interconnect Level, 2023 - 2029, USD Million
TABLE 55 US Optical Waveguide Market by Material, 2019 - 2022, USD Million
TABLE 56 US Optical Waveguide Market by Material, 2023 - 2029, USD Million
TABLE 57 US Optical Waveguide Market by Propagation, 2019 - 2022, USD Million
TABLE 58 US Optical Waveguide Market by Propagation, 2023 - 2029, USD Million
TABLE 59 US Optical Waveguide Market by Industry, 2019 - 2022, USD Million
TABLE 60 US Optical Waveguide Market by Industry, 2023 - 2029, USD Million
TABLE 61 Canada Optical Waveguide Market, 2019 - 2022, USD Million
TABLE 62 Canada Optical Waveguide Market, 2023 - 2029, USD Million
TABLE 63 Canada Optical Waveguide Market by Type, 2019 - 2022, USD Million
TABLE 64 Canada Optical Waveguide Market by Type, 2023 - 2029, USD Million
TABLE 65 Canada Optical Waveguide Market by Interconnect Level, 2019 - 2022, USD Million
TABLE 66 Canada Optical Waveguide Market by Interconnect Level, 2023 - 2029, USD Million
TABLE 67 Canada Optical Waveguide Market by Material, 2019 - 2022, USD Million
TABLE 68 Canada Optical Waveguide Market by Material, 2023 - 2029, USD Million
TABLE 69 Canada Optical Waveguide Market by Propagation, 2019 - 2022, USD Million
TABLE 70 Canada Optical Waveguide Market by Propagation, 2023 - 2029, USD Million
TABLE 71 Canada Optical Waveguide Market by Industry, 2019 - 2022, USD Million
TABLE 72 Canada Optical Waveguide Market by Industry, 2023 - 2029, USD Million
TABLE 73 Mexico Optical Waveguide Market, 2019 - 2022, USD Million
TABLE 74 Mexico Optical Waveguide Market, 2023 - 2029, USD Million
TABLE 75 Mexico Optical Waveguide Market by Type, 2019 - 2022, USD Million
TABLE 76 Mexico Optical Waveguide Market by Type, 2023 - 2029, USD Million
TABLE 77 Mexico Optical Waveguide Market by Interconnect Level, 2019 - 2022, USD Million
TABLE 78 Mexico Optical Waveguide Market by Interconnect Level, 2023 - 2029, USD Million
TABLE 79 Mexico Optical Waveguide Market by Material, 2019 - 2022, USD Million
TABLE 80 Mexico Optical Waveguide Market by Material, 2023 - 2029, USD Million
TABLE 81 Mexico Optical Waveguide Market by Propagation, 2019 - 2022, USD Million
TABLE 82 Mexico Optical Waveguide Market by Propagation, 2023 - 2029, USD Million
TABLE 83 Mexico Optical Waveguide Market by Industry, 2019 - 2022, USD Million
TABLE 84 Mexico Optical Waveguide Market by Industry, 2023 - 2029, USD Million
TABLE 85 Rest of North America Optical Waveguide Market, 2019 - 2022, USD Million
TABLE 86 Rest of North America Optical Waveguide Market, 2023 - 2029, USD Million
TABLE 87 Rest of North America Optical Waveguide Market by Type, 2019 - 2022, USD Million
TABLE 88 Rest of North America Optical Waveguide Market by Type, 2023 - 2029, USD Million
TABLE 89 Rest of North America Optical Waveguide Market by Interconnect Level, 2019 - 2022, USD Million
TABLE 90 Rest of North America Optical Waveguide Market by Interconnect Level, 2023 - 2029, USD Million
TABLE 91 Rest of North America Optical Waveguide Market by Material, 2019 - 2022, USD Million
TABLE 92 Rest of North America Optical Waveguide Market by Material, 2023 - 2029, USD Million
TABLE 93 Rest of North America Optical Waveguide Market by Propagation, 2019 - 2022, USD Million
TABLE 94 Rest of North America Optical Waveguide Market by Propagation, 2023 - 2029, USD Million
TABLE 95 Rest of North America Optical Waveguide Market by Industry, 2019 - 2022, USD Million
TABLE 96 Rest of North America Optical Waveguide Market by Industry, 2023 - 2029, USD Million
TABLE 97 Key Information – Corning Incorporated
TABLE 98 Key information – Sumitomo Electric Industries, Ltd.
TABLE 99 Key Information – Yangtze Optical Fibre and Cable Joint Stock Limited Company
TABLE 100 Key Information – Fujikura Ltd.
TABLE 101 Key Information – Prysmian Group
TABLE 102 Key Information –Furukawa Electric Co., Ltd.
TABLE 103 Key Information – CommScope Holding Company, Inc.
TABLE 104 Key Information – Sterlite Technologies Limited
TABLE 105 Key Information – Coherent Corp.
TABLE 106 Key Information – DigiLens Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Sterlite Technologies Limited