According to a new market research report, "Active Optical Cable Market, by Protocol (InfiniBand, Ethernet, Serial-Attached SCSI (SAS), and Others) Form Factor (QSFP, CXP, and Others), End-user Application (Data center, Consumer Electronics, and Others), and Geography - Global Trends & Forecast to 2022", is expected to reach USD 3.43 Billion by 2022, at a CAGR of 27.1 % during the forecast period. Increasing need of bandwidth requirements and huge deployments of data center are factors that drive the active optical cable market.
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Data center expected to lead the active optical cable market for end-user applications.
The growing demand for active optical cable in data center worldwide is one of the key drivers for the market. The data center market also needs a broad portfolio of fiber optic modules to connect servers, switches, and storage, which is accomplished by active optical cable. Therefore, increase in the number of deployments of data center is a key driver for the active optical cable market. The consumer electronics market is an emerging market for active optical cable owing to its application in 4K TV, digital signage sectors among others.
Active optical cable for InfiniBand is expected to show high growth during the forecast period
InfiniBand protocols are highly used protocols among others. It is scalable and supports quality of service (QoS) as well as it is high efficient among other protocols. The interface of this protocol in commercial applications such as server and supercomputers are playing a key role in the market growth.
The market in APAC is expected to grow at the highest CAGR during the forecast period.
The market in APAC is expected to grow at highest CAGR between 2016 and 2022 because of the rapid usage of active optical cable in China. Increasing adaption of active optical cable in data center and consumer electronics market among others is expected to drive the AOC market in this region.
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The report also profiles the most promising players in the active optical cable market. The key players in the market are Finisar Corporation. (U.S.), TE Connectivity Ltd. (Switzerland), Avago Technologies Ltd (U.S.), FCI Electronics (Singapore), Molex Incorporated (U.S.), 3M company (U.S.), EMCORE Corporation (U.S.), The Siemon Company (U.S.), Shenzhen Gigalight Technology Co.,Ltd (China), and Sumitomo Electric Industries, Ltd.(Japan).
The report analyzes the market trends for each of the segments and their respective growth rates. Apart from the market segmentation, the report also covers in-depth analyses such as Porter’s Five Forces analysis, value chain analysis with a detailed process flow diagram, and market dynamics such as drivers, restraints, opportunities, and challenges for the growth of the active optical cable market. The report also provides a qualitative and quantitative description of the verticals considered for the market. It also gives a detailed view of the market across four geographic regions: the Americas, Europe, APAC, and RoW. The Americas is the largest market, while APAC has been identified to grow at the highest rate, globally.
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