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.
Backed with rigid demand from downstream industries, global Optical Amplifiers market was valued at US$ 911.59 million in 2020 and it is expected to reach US$ 1580.90 million by the end of 2027, growing at a CAGR of 7.83% during 2021-2027.
In the next five years, the 100Gbps and higher rate optical module market will account for more than half of the global optical device market. The key components in 100Gbps optical modules-25Gbps/28Gbps electro-absorption modulated laser (EML) and distributed feedback laser (DFB) ) Chip supply is in short supply, and companies with core raw materials and chip technology will have a favorable competitive position.
Silicon photonic devices, such as 100/200Gbps coherent optical transceiver modules and PSM4 short-distance optical interconnect modules, have moved towards mass commercial use, challenging the original competitive landscape of the industry. Silicon optical device manufacturers gradually gain market share and gradually establish a new cost model. The overall concentration of the optical device industry has declined, the market share of midstream manufacturers has increased, the industry has become more discrete, and competition has intensified.
Key Players included Finisar (II-VI Incorporated), VIAVI Solutions Inc., Accelink, Lumentum, Wuxi Taclink, Keopsys, Cisco, IPG, O-Net Technologies, Nuphoton Technologies, Inphenix, Bktel photonics, Shanghai Hopecom Optic Communications, Thorlabs, Emcore. Among all the players, Finisar (II-VI Incorporated) contributed most in 2020, which is 206.93 million USD, accounting for 22.7% among the globe, and it produce 202.01 K Units in 2020, accounting for 18.66% market share.
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