Active Optical Cable Market Insights
According to MRFR analysis, the Active Optical Cable Market is expected to register a CAGR of~25.1% from 2022to 2030 and hold a value of over USD 16.2 billion by 2030.
The Active Optical Cable (AOC) market refers to the industry that encompasses the production, distribution, and utilization of active optical cables. AOCs are high-speed fiber optic cables that integrate optical transceivers and electrical-to-optical conversion functions into the cable itself. These cables are designed to transmit large amounts of data over longer distances with minimal signal loss and interference.
Factors driving the growth of the AOC market include the increasing demand for high-speed data transmission, the rise of cloud computing and data centers, the adoption of 5G technology, and the need for more efficient and reliable connectivity solutions.
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The COVID-19 pandemic had a significant impact on the Active Optical Cable (AOC) market. The AOC market relies on global supply chains for the procurement of components and raw materials. The pandemic has disrupted these supply chains due to factory closures, transportation restrictions, and workforce shortages. This has resulted in delays in production and delivery of AOC products, impacting the overall market.
Active Optical Cable Market Key Players
Some of the key market players are:
- Finisar Corporation
- TE Connectivity
- Avago Technologies Ltd
- Molex Inc
- Amphenol Corporation
- Emcore Corporation
- 3M Company
- Siemon
- Shenzhen Gigalight Technology
- Sumitomo Electric
- T&C Communication
- Alysium Tech GmbH
- Intel Corporation
- Dell Inc.
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Active Optical Cable Market Regional Analysis
North America has traditionally been one of the largest regions for the Active Optical Cable (AOC) market. North America, particularly the United States, has been at the forefront of technological advancements and innovation. The region has a well-established IT infrastructure, a thriving data center industry, and a high adoption rate of advanced networking technologies. These factors contribute to the increased demand for AOCs in North America.
North America has a robust telecommunications sector, including wired and wireless networks, internet service providers, and telecommunications equipment manufacturers. AOCs find applications in high-speed networking solutions for telecommunications infrastructure, contributing to the market's size in the region.
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Active Optical Cable Market Segmentation
The Active Optical Cable Market has been segmented into type, application and end use.
Based on the type, the market has been segmented into Infiniband, Ethernet, Serial-attached SCSI (SAS), Displayport, PCI Express (PCIE), HDMI and Thunderbolt.
Based on the application, the market has been segmented into data center, high-performance computing, consumer electronics, telecommunications and personal computing (pc).
Based on the end use, the market has been segmented into energy & power, oil & gas and medical.
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