Optical Receivers Market – Growth, Trends, COVID-19 Impact and Forecasts (2021-2029)

Optical Receivers Market was valued at US$ 450 Mn. in 2021. The Global Optical Receivers Market size is estimated to grow at a CAGR of 4.8% over the forecast period.
Optical Receivers Market Overview:
The report explores the Optical Receiver market's segments (Type, Application, and Region). Data has been provided by market participants and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2021. The report investigates the Optical Receiver market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Optical Receivers market's contemporary competitive scenario.To know about the Research Methodology :- Request Free Sample Report
Optical Receivers Market Dynamics:
The major factor driving the growth of the market is the rise in usage of optical fibers as a medium for telecommunication and networking due to their flexibility and the ability to be bundled as cables. When compared to electrical copper cables, it is favorable for long-distance as light propagates through the fiber with little attenuation. In developing countries, the growing penetration of the internet and increasing demand for faster data speed is expected to drive the optical receivers market.

The major factor hampering the growth of the market is the lack of infrastructural development across some countries for the implementation of optic receivers. The receivers operate with semiconductor devices for this purpose, numerous physical, technological, and transmission requirements, such as Noise, sensitivity at high power levels, and frequency response, have to be coordinated machine-to-machine hire network traffic, and an increase in users’ demand is creating big challenges for the market.

The optical receivers market is estimated to witness sustainable growth over the forecast period as it offers several benefits to the organizations, such as low capital & operational cost. It provides expansion of data on a large scale by offering flexibility and resiliency and helping organizations to meet end users’ demands this promotes and uplifts market growth. The rising investment in research & development activities, entry of new players, product innovation, and growing competition among business rivals to expand its regional as well as customer base.
Optical Receivers Market Segment Analysis:
Based on Type, the optical receivers Market is segmented into Plesiochronous digital hierarchy (PDH), Synchronous digital hierarchy (SDH), and Synchronous Plesiochronous digital hierarchy (PSDH). PDH refers to the family of digital transmission formats used in telecommunication. SDH conveys data rate up to 160 Gb/s over optical fiber is a standardized signal format. PSDH can convey data rates from 40 gigabits per second to 160 gigabits per second. The market is dominated by PDH and will remain the same during the forecast period.Based on Application, the optical receivers Market is segmented into Enterprise networks, data transmission networks, computer data transmission networks, broadband campus networks, and others. The data transmission network segment held the largest market share in 2021 and is estimated to grow during the forecast period. A broadband campus network helps in synchronizing the received signal. The enterprise network segment is likely to exhibit a CAGR of over 6.1% and is anticipated to show remarkable growth opportunities on account of a rising need for faster and more reliable data.
Optical Receivers Market Regional Insights:
The North American region held the largest market share accounting 36% in 2021. The growth is attributed to the increasing adoption of optical fiber as a form of communication in the region. The major product manufacturers in the region, coupled with stringent data security concerns, further proliferate the regional market growth.

The Asia-Pacific region is expected to witness significant growth at a CAGR of 4.5% through the forecast period. The users in this region have upgraded their connectivity and encouraged the development of technology. Increasing bandwidth-intensive applications, a growing focus on improving the existing network, and the increasing adoption of smartphones are the major drivers for the growth of market.

The objective of the report is to present a comprehensive analysis of the global optical receivers Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear, futuristic view of the industry to the decision-makers.

The reports also help in understanding the Optical Receivers Market dynamic and structure by analyzing the market segments and projecting the Optical Receivers Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Optical Receivers Market make the report investor’s guide.
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Optical Receivers Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 450 Mn.


Forecast Period 2022 to 2029 CAGR:
5%
Market Size in 2029:
US $ 654.8 Mn.


 Segments Covered:
by Type
• Plesiochronous digital hierarchy (PDH)
• Synchronous digital hierarchy (SDH)
• Synchronous Plesiochronous digital hierarchy (PSDH)


by Application
• Enterprise networks
• Data transmission networks
• Computer data transmission networks
• Broadband campus networks
• Others



Optical Receivers Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Optical Receivers Market, Key Players are:
• Finisar
• Avago
• Sumitomo
• JDSU
• Lumentum
• OpLink
• Fujitsu
• Source Photonics
• NeoPhotonics
• Emcore
• Kyland
• Emcore
• Shanshui
• WTD
• Hitachi Metals
• Oclaro
• G-First
• Raisecom

Frequently Asked Questions

1] What segments are covered in the Optical Receivers Market report?
Ans. The segments covered in the Optical Receivers Market report are based on Type and Application.

2] Which region is expected to hold the highest share in the Optical Receivers Market?
Ans. North America region is expected to hold the highest share in the Optical Receivers Market.

3] What is the market size of the Optical Receivers Market by 2029?
Ans. The market size of the Optical Receivers Market by 2029 is US$ 654.8 Mn.

4] What is the forecast period for the Optical Receivers Market?
Ans. The Forecast period for Optical Receivers Market is 2022-2029.

5] What was the market size of the Optical Receivers Market in 2021?
Ans. The market size of the Optical Receivers Market in 2021 was US$ 450 Mn.