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2021
Consumer Active Optical Cable Market

Consumer Active Optical Cable Market

By Technology (InfiniBand, Ethernet, HDMI, DisplayPort, and USB), and Connector Type (CFP, SFP, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A05766
Pages: 217
Aug 2021 | 6621 Views
Author(s) : Shantanu S , Vineet K
Tables: 95
Charts: 76
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COVID-19

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Consumer Active Optical Cable Market Outlook – 2030 

The global consumer active optical cable market size was valued at $141.5 million in 2020, and is projected to reach $958.5 million by 2030, registering a CAGR of 22.1% during 2021 to 2030. North America was the highest revenue contributor, accounting for $52.0 million in 2020, and is estimated to reach $291.5 million by 2030, with a CAGR of 19.9%.  

COVID-19 scenario to impact ethernet segment in the Consumer Active Optical Cable Market positively.

In optical cables, the information is transmitted through light, which has been reflected due to the total, internal reflection phenomena. The global consumer active optical cable industry is witnessing rapid expansion and replacing the copper wires; the technological development in the optical fiber, is further expected to enhance the use of active optical cables in consumer applications.

Consumer-Active-Optical-Cable-Market-2021-2030

As per the market outlook, increase in demand for higher bandwidth is majorly driving the growth of the consumer active optical cable market, owing to rise in adoption of cloud applications, video services, and online gaming. This, in turn, has created a greater need for active optical cables as these cables provide higher bandwidth, enhanced reliability and small bend radius for easy installations. 

Moreover, emerging countries such as China, India, Pakistan, and Japan, are using the optical network to meet the increased requirements of connectivity improvement and use of 3G/4G/5G networks. Many economies are connected to the world through undersea fiber optic cables, for faster connectivity. Thus, improved connectivity in emerging countries is expected to boost the consumer active optical cable market growth during the forecast period. 

Furthermore, numerous technologies such as polymer optic fiber, high altitude platforms, laser neural network nodes, and intelligent optical transmission networks, are used to optimize the error and generate a secured network. Hence, advancement in the fiber optics technology is expected to create stellar consumer active optical cable market opportunities during the forecast period. However, high initial investments in the technology as compared to that for conventional cabling technologies, negatively impact the growth of the consumer active optical cable market.

The HDMI segment accounted for the maximum revenue share in 2020 and is expected to generate maximum revenue during the forecast period in the global consumer active optical cable market, owing to the ability of active optic HDMI cables to provide per-pixel digital accuracy, pass TMDS signals, and provide high quality digital videos (4K). This segment secured significant share in the global market owing to increase in application of HDMI in areas such as HD televisions, projectors, and media players. The SFP connectors are widely used for connectivity of consumer active optical cable. However, the CFP connectors segment is expected to grow at the highest CAGR of about 27.0% during the forecast period. 

Consumer Active Optical Cable Market
By Technology

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HDMI segment will lead the market with a highest CAGR of 24.6% during 2021 - 2030

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Segment Overview

The consumer active optical cable market is segmented on the basis of technology, connector type, and region. The technology segment is further categorized into InfiniBand, Ethernet, HDMI, DisplayPort, and USB. The HDMI segment accounted for a significant share in the overall market in 2018, due to its ability to provide per-pixel digital accuracy, pass TMDS signals, and provide high quality digital videos (4K). By connector type, the market is divided into CFP, SFP, and others. The SFP segment accounted for the maximum share in 2018. However, the CFP connectors segment is expected to witness the highest CAGR during the forecast period.

Consumer Active Optical Cable Market
By Connector Type

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SFP segment will dominate the market throughout the forecast period

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By region, the consumer active optical cable market trends have been analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for a major share of the global market in 2020 and is expected to dominate the market in terms of revenue during the forecast period, owing to rise in demand for high performance computing, personal computers, digital signage, and consumer electronics. Moreover, high demand for bandwidth from cloud, video, and other applications in the region contributes toward the growth of the market in North America. 

Europe accounts for the second largest market share in the global consumer active optical cable market and is expected to witness significant growth during the forecast period. Increase in adoption of next-generation smart-TVs and high-definition video content on the internet in the European region fuels the demand for AOCs in consumer applications.

Consumer Active Optical Cable Market
By Region

2030
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific region would exhibit the highest CAGR of 25.8% during 2021 - 2030

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Top Impacting Factors

The significant impacting factors in the consumer active optical cable market include rise in demand for higher bandwidth, increase in investments by governments to improve connectivity in China, growth in penetration of video on demand, video conferencing, gaming, and home surveillance services, and surge in demand for 4k and high definition display. 

However, high initial investment associated with the active optical cable and threat of hacking in optical network security are expected to hinder the market growth. Conversely, advancements in fiber optics technology are projected to offer remunerative opportunities to the consumer active optical cable market. Each of these factors is anticipated to have a definite impact on the market during the forecast period.

Competitive Analysis

Competitive analysis and profiles of the key market players analyzed in the report include Molex LLC, Finisar Corporation, Amphenol Corporation, Shenzhen Gigalight Technology, Sopto Technologies, Sumitomo Electric Industries Ltd., Broadcom, 3M Corporation, IBM Corporation, and Siemon. These market players have adopted various strategies such as product launch, business expansion, and acquisition, among others, to have a leading edge in the industry over their competitors. This influences the growth of the industry positively, thereby, increasing the consumer active optical cable market demand.

COVID-19 Impact Analysis

Global consumer active optical cable market has been significantly impacted by the COVID-19 outbreak. The production facilities of the electronics and semiconductors have been halted, owing to the slowdown and unavailability of the workforce across the globe. COVID-19 outbreak has caused a significant and protracted drop in manufacturing utilization, and travel bans & facility closures kept workers out of their factories, which led to decrease in the growth of the market in 2020. 

The Asian and European countries under lockdowns have suffered a major loss of business and revenue, due to the shutdown of manufacturing units in the region. The operations of the production and manufacturing industries have been heavily impacted by the outbreak of the COVID-19 disease; thereby, leading to slowdown in the growth of the market in 2020.  

However, the negative impact of COVID-19 on the market is expected to last for a short period of time, and by early 2021 the market is anticipated to observe robust recovery rate along with the extensive demand for consumer active optical cable products during the post pandemic period. This is due to the fact that a growing number of market players are reassessing their strategies and coming up with quick responses to stabilize their supply chain. 

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global consumer active optical cable market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall consumer active optical cable market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current consumer active optical cable market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and the consumer active optical cable market share of key vendors.
  • The report includes the market trends and the market share of key vendors.

Consumer Active Optical Cable Market Key Segments

By Technology

  • HDMI
  • Ethernet
  • InfiniBand
  • DisplayPort
  • USB

By Connector Type

  • SFP
  • CFP
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Market Players

  • Molex LLC
  • Finisar Corporation
  • Amphenol Corporation
  • Shenzhen Gigalight Technology
  • Sopto Technologies
  • Sumitomo Electric Industries Ltd.
  • Broadcom
  • 3M Corporation
  • IBM Corporation
  • Siemon

Consumer Active Optical Cable Market Report Highlights

Aspects Details
By Technology
  • HDMI
  • Ethernet
  • InfiniBand
  • DisplayPort
  • USB
By Connector Type
  • SFP
  • CFP
  • Others
By Region
  • North America  (US, Canada, Mexico)
  • Europe  (Germany, France, UK, Spain, Rest of Europe)
  • Asia-Pacific  (Japan, China, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players 3M, AMPHENOL CORPORATION, BROADCOM, FINISAR CORPORATION, FUJITSU LIMITED, INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM), MOLEX LLC, SIEMON, SHENZHEN GIGALIGHT TECHNOLOGY CO., LTD, SOPTO TECHNOLOGIES CO., LTD
 

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According to the insights of the CXOs of leading companies, the consumer active optical cable market is projected to depict a prominent growth during the forecast period, owing to various factors, such as increase in demand for higher bandwidth, rise in investments by governments to improve connectivity in China, and surge in penetration of video on demand, video conferencing, and gaming.

Active optical cables are widely used in various consumer electronics including TV, 4K TVs, and LCD TVs. Further, these cables are also used for providing network connectivity. Moreover, advancement in fiber optics technology is expected to provide growth opportunities to the market players.

Various leading manufacturers such as Molex LLC, Finisar Corporation, Amphenol Corporation, Shenzhen Gigalight Technology, Sopto Technologies, Fujitsu, Broadcom, 3M Corporation, IBM Corporation, and Siemon occupy a prominent revenue share in the consumer active optical cable market.

 

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FREQUENTLY ASKED QUESTIONS?

A. The Consumer Active Optical Cable Market is estimated to grow at a CAGR of 22.1% from 2021 to 2030.

A. The Consumer Active Optical Cable Market is projected to reach $958.5 million by 2030.

A. To get the latest version of sample report

A. Rise in demand for higher bandwidth, and surge in demand for 4k & high definition display etc. boost the Consumer Active Optical Cable market growth.

A. The key players profiled in the report include Molex LLC, Finisar Corporation, Amphenol Corporation, and many more.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Consumer Active Optical Cable Market is segmented on the basis of technology, connector type, and region.

A. The key growth strategies of Consumer Active Optical Cable market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

A. Asia-Pacific region would grow at a highest CAGR of 25.8% during the forecast period.

A. HDMI segment will dominate the market by the end of 2030.

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