In a recent published report, Kenneth Research has updated the market report for Optical Transceivers 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 Optical Transceivers Market products.
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Factors such as the growing trade of semiconductors for use in different consumer electronic products, along with the growing trend of automation and IoT, which is raising the need for the deployment of advanced electronic chipsets, therefore the advancement in the trade of semiconductors. According to the statistics by World Semiconductor Trade Statistics (WSTS), semiconductor billings around the globe per 12 months rolling average increased from around USD 250 billion in the year 2010 to around USD 460 billion in the year 2019.
The global optical transceivers market has witnessed significant growth in recent years due to the rapid adoption of IT-based solutions across various applications. The need for storage, processing, and data transfer capacity of data communication & telecommunication network are rising exponentially. This creates a huge demand for switches and transceivers, particularly optical transceivers with high data transfer rate. Few of the prominent trends accelerating the growth include a continuous shift of large-scale data centers to 100GbE and higher infrastructure to cater the growing bandwidth requirements, data center architectures are shifting from traditional “3-tier tree network” to “2-tier leaf-spine network”, and large enterprises maintaining their IT infrastructure in commercial spaces are continuously migrating to third-party datacenters to reduce the operating cost.
Market Revenue and Segmentation Analysis:
The global optical transceivers market revenue is expected to reach $10.7 billion by 2024, growing at a CAGR of 10.1% during the forecast period 2018–2024. The market is segmented based on data rates, form factors, and regions. Based on data rates, the market is further segmented into less than 10 GB/sec, 10 GB/sec, 25 GB/sec, 40 GB/sec, and 100 GB/sec & above. Based on form factors, the market is segmented into SFF & SFP, SFP+ & SFP28, QSFP+ & QSFP28, CFP, CFP2, & CFP4, and others. The 10 GB/sec segment accounted for the highest share in 2017 and is expected to lose its share to the 100 GB/sec & above segment during the forecast period due to the shift of major datacenters to higher switching speeds with an objective to cater the expanding datacenter traffic and bandwidth requirements.
The Americas is the leading region in the global optical transceivers market, which accounted for a significant share in 2018. Asia Pacific is among the fastest growing regions, which is expected to create tremendous business opportunities during the forecast period. The report also covers country-wise analysis including the US, Canada, Mexico, Brazil, the UK, Germany, France, Russia, Netherlands, Poland, Spain, China, Japan, India, and Australia, among others. Optical Transceivers market
Benefits and Vendors
The report contains an in-depth analysis of vendor profiles, which include financial health, business units, key business priorities, SWOT, strategies, and views; and competitive landscape. The report covers an in-depth analysis of various vendors in the global optical transceivers market including Finisar Corporation, Oclaro, Inc., Mellanox Technologies, Applied Optoelectronics, Inc., Lumentum Operations LLC, .Sumitomo Electric Industries, , Fujitsu Optical Components, Broadcom, Source Photonics, and APRESIA Systems, Ltd
The study offers a comprehensive analysis of the “global optical transceivers market”. Bringing out the complete key insights of the industry, the report aims to provide an insight on the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, it helps the venture capitalists to understand revenue opportunities across different segments to take better decisions.
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