Active Optical Cable Market - Forecast(2021 - 2026)
Global Active Optical Cable Market is forecast to reach $2624.27 million by 2025, growing at a CAGR of 18.47% during the forecast period 2020-2025. Active Optical Cables refer to a cabling technology which utilizes optical fiber for improving the speed and distance performance of the cables between the connectors. Due to the compact and lightweight designs of these cables, they have been able to gain high popularity across various industries including telecom, data centers, aerospace and defense with many others as compared to traditional copper based cables. Increasing demand for active optical cables across data centers as well as adoption of optical fiber communication networks within the telecommunication industry are some major factors driving the demand for active optical cables. Moreover, requirement of high-speed data connectivity across audio or video devices, online gaming and many others are also creating a positive impact on the growth of active optical cable market.
Active Optical Cable Market Report Coverage
The report: “Active Optical Cable Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Active Optical Cable Market.
By Protocol: InfiniBand, Ethernet, Serial Attached SCSI, PCIe, Others
By Form Factor: QFSP, CXP, SFP, Others
By Application: Data Center, Consumer Electronics, Others
By Geography: North America (U.S, Canada and Mexico), South America (Brazil, Argentina, Ecuador, Peru, Colombia, Costa Rica and Others), Europe (Germany, France, UK, Italy, Spain, Netherlands, Belgium, Denmark and Others), APAC (China, Japan, South Korea, India, Australia, Taiwan, Malaysia and Others), RoW (Middle East and Africa).
Key Takeaways:
- Ethernet active optical cables is expected to have a major market share during the forecast period 2020-2025 owing to its cost efficiency along with growing demands across data centers and consumer electronics sector.
- Consumer Electronics sector is anticipated to register high market growth in the global active optical cable during the forecast period 2020-2025 owing to its wide adoption across consumer applications including audio or video systems, HDTVs, computers and many others.
- High investments in research and development activities along with rising growth of telecom and consumer electronics sectors have been the major factors driving the need for active optical cables within APAC region.
Active Optical Cable Market Segment Analysis - By Protocol
Ethernet segment held the major share of $344.57 million in the global active optical cable market during 2019 and will have a significant growth of CAGR 17.75% during the forecast period 2020-2025. Active optical cables based on Ethernet protocols are getting highly deployed by various end users mainly due to features such as offering virtualized connectivity and minimized errors within switch to switch, server to switch and many other high-speed storage applications with cost efficiency, thus propelling the market demand towards Ethernet based optical cables. Moreover, these optical cables are capable of offering high EMI resistivity, which makes it ideal choice for various end-use applications within harsh industrial environments. Since these optical cables are ruggedized in nature, they are getting high adoptability across applications such as high-speed control and data systems, aircraft system ground stations, avionics system controls, and others. Such factors will eventually help in propelling high market demands towards Ethernet optical cables in the long run.
Active Optical Cable Market Segment Analysis - By Application
Consumer Electronics is the fastest growing segment in the global active optical cable market and is estimated to grow at a CAGR of 19.90% over the forecast period 2020-2025. Active optical cables are used in various consumer applications including audio, video as well as network connectivity. Compared to copper cables used earlier, active optical cables offer benefits such as low power consumption, easy installation and many others, thus helping it to expand its usage across consumer electronics markets.
Moreover, miniaturization and connectivity trends within consumer electronics sector, had created high demand towards lightweight and thinner designed active optical cables. Such factors have been creating major deployment across consumer devices such as gaming consoles, HDTV and others, thus anticipated to create more demands in the active optical cable market. With the growing demand towards high-end AV applications, the need for efficient cabling solutions which can offer high-quality video resolution displays is also rising significantly within the consumer industry vertical. Adoption of active optical cables has been rising across consumer electronics sector owing to its capability of delivering high dynamic range videos with expansive contrast ratio as well as colour accuracy with the content protection support. Such factors are further set to create a positive impact on the growth of active optical cables within the consumer electronics industry over the forecast period.
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