Global Optical Modulators Market 2018-2022
About Optical Modulators
Optical modulator is a device used for modifying the properties of light, mostly a laser beam. Based on their applications, these modulators are classified into intensity modulators, phase modulators, spatial light modulators, and polarization modulators.
Technavio’s analysts forecast the Global Optical Modulators Market to grow at a CAGR of 7.56% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Optical Modulators Market. To calculate the market size, the report considers the revenue generated from the sales of optical modulators for applications including telecommunications, data center, CATV, and others.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Optical Modulators Market 2018-20222018-2022
Technavio recognizes the following companies as the key players in the Global Optical Modulators Market 2018-2022: Gooch & Housego, Jenoptik, Oclaro, Thorlabs
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the increase in Internet traffic. Rising data traffic has led to the emergence of fiber optics, in turn, boosting the demand for optical modulators in the forthcoming years”
According to the report, one driver influencing this market is the migration of copper to optic fiber. The inexpensive, light-weight, and non-flammable optic fibers are gaining prominence over copper wires. Such rising adoption of these optic fiber is expected to augment the market growth during the predicted period.
Further, the report states that one of the factors hindering this market is the increasing installation and component costs. Owing to the complex installation process and requirement of high accuracy in configuring the network, the market is expected to face significant challenges in implementing the installation.
Gooch & Housego