In a recent published report, Kenneth Research has updated the market report for Active Optical Cable Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Active Optical Cable Market products.
The Active Optical Cable Market is majorly affected by the recently hit global pandemic, COVID-19, which has devastated several businesses worldwide. Although, the ICT industry has observed a significant rise in the utilization of cloud applications, yet several manufacturing organizations in the ICT industry are facing significant issues, especially in places where the ICT infrastructure is not that satisfactory.
The Global Active Optical Cable Market was valued at USD 0.67 billion in 2017 and is projected to reach USD 4.91 billion by 2025, growing at a CAGR of 26.42% from 2018 to 2025.
What is an Active Optical Cable?
An Active Optical Cable is a cabling technology that is used as it accepts the same electrical inputs as a traditional copper cable, but uses optical fiber. Active Optical Cables can be said to be invented in order to be able to replace copper technology in data centers and high performance computing (HPC) applications. These cables are better than copper cables as they are less heavy and bulky and they therefore have better performance and reliability.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Global Active Optical Cable Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
There are factors that are driving the active optical cable market such as the increased data center deployments as well as the increasing demand for bandwidth and reliability. Factors such as its high initial cost of implementation as well as the susceptibility of active optical cables to physical damage are restraining the overall Active Optical Cable market growth.
Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Active Optical Cable Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Active Optical Cable Market Competitive Landscape
The “Global Active Optical Cable Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as TE Connectivity Ltd., Avago Technologies Ltd., FCI Electronics, Molex Incorporated, 3M Company, Emcore Corporation, Shenzhen Gigalight Technology Co., Ltd., The Siemon Company and Sumitomo Electric Industries, Ltd. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Active Optical Cable Market , By Protocol
* PCI Express (PCIE)
* Serial-Attached SCSI (SAS)
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Global Active Optical Cable Market , By Form Factor
Global Active Optical Cable Market , By End-User Application
* Data Center
* Consumer Electronics (CE)
* High-Performance Computing (HPC)
* Personal Computing (PC)
Global Active Optical Cable Market Geographic Scope
* North America
o Rest of Europe
* Asia Pacific
o Rest of Asia Pacific
* Latin America
* Rest of the World
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