Optical amplifiers are a key enabling technology for optical communication networks. Together with wavelength-division multiplexing (WDM) technology, which allows the transmission of multiple channels over the same fiber, optical amplifiers have made it possible to transmit many terabits of data over distances from a few hundred kilometers and up to transoceanic distances, providing the data capacity required for current and future communication networks.
According to the new market research report “Optical Amplifiers - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Optical Amplifiers market size is projected to reach USD 1.66 billion by 2030, at a CAGR of 6.6% during the forecast period.
- Global Optical Amplifiers MarketSize(US$ Million), 2019 VS 2023 VS 2030
Source: QYResearch, "Optical Amplifiers - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
One of the important drivers of the optical amplifier industry is the increased demand for data centers. The increase in the use of cloud services, and the growth of e-commerce, and big data analytics have led to an increase in demand for data. There is a rise in demand for data centers as these trends have resulted in an exponential increase in the amount of data that needs to be processed and stored. Data centers require high-speed and reliable communication networks to transfer copious amounts of data quickly and efficiently. Optical amplifiers play a crucial role in the communication system of data centers, as they help to boost the signal strength and stop it from becoming too noisy and enable high-speed data transmission. The increase in the deployment of smart cities and smart homes is another important driver owing to the fact that smart cities and smart homes rely heavily on optical fiber networks to transmit large amounts of data quickly and efficiently.
- Global Optical Amplifiers Top10Players Ranking and Market Share（Continually updated）
Source: QYResearch, "Optical Amplifiers - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Optical Amplifiers include II-VI, Lumentum, Accelink, Keopsys, Wuxi Taclink, Cisco, IPG, O-Net Technologies, Nuphoton Technologies, Thorlabs, etc. In 2023, the global top five players had a share approximately 64.0% in terms of revenue.
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