Report Code: A09851 | Pages: 262 | Mar 2021 | 4053 Views | ||
Author(s) : Shantanu S , Vineet K | Tables: 94 | Charts: 79 |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Wavelength Division Multiplexer (wdm) Market
Request Now !The global wavelength division multiplexer (WDM) market size was valued at $3.56 billion in 2019, and is projected to reach $5.61 billion by 2027, registering a CAGR of 6.4% from 2020 to 2027. Wavelength division multiplexer (WDM) is a technique in fiber-optic communications for multiplexing multiple optical carrier signals via a single optical fiber channel by changing the wavelengths of laser lights. In addition, it enables communication in both directions of the fiber cable. The network operators these days have to meet the rise in requirements of bandwidth as there is tremendous rise in internet usage by all sectors. Therefore, WDM being the fundamental block for high capacity optical communications network is used by network providers to meet the increase in demand and yield maximum capacity.
COVID-19 scenario to impact Oil & Gas segment in the Wavelength Division Multiplexer Market negatively.
The global wavelength division multiplexer market share is anticipated to witness significant growth over the forecast period. Factors, such as a demand for high capacity network and effective communication; rapid growth in number of internet users as well as network traffic around the globe; and surge in telecommunication applications, drive the growth of the market. In addition, new product launches are projected to flourish the WDM market. However, the cost associated with dark fiber network may hamper growth of the market. On the contrary, rise in advanced network infrastructure and increase in cloud and IP traffic are anticipated to create lucrative opportunities for the market growth.
The global wavelength division multiplexer industry is segmented into type, industry vertical, and region. By type, the market is bifurcated into CWDM and DWDM. The industry vertical segment is divided into IT & telecommunication, military & defense, oil & gas, and medical & healthcare.
Region-wise, the wavelength division multiplexer market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (Sweden, France, Germany, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). APAC is the largest segment and the region is expected to develop at a significant growth rate during the conjecture time frame. This is attributed to surge in evolution of smart communication devices such as desktops and smartphones. China is one of the highest contributors to the APAC wavelength division multiplexer market share. Increase in adoption of fiber optics cables to transmit signals by ensuring least amount of loss is growing across the country. For instance, as per the China Internet Network Information Center (CNNIC) 2019 survey, in 2016, 80% of China’s broadband connection was by fiber; however, in 2019, this figure reached 91%.
Leading wavelength division multiplexer (WDM) market players, such as Huawei Technologies, Cisco Systems, Inc., and Fujitsu Ltd., focus their investment on technologically advanced and cost-effective products. For instance, in June 2018, Huawei Technologies launched OSN 9800 M24, the next-generation enterprise backbone flagship WDM product. In addition, Huawei discussed the emerging requirements and development trends of optical transmission technologies with Latin American and European partners in CEBIT 2018, the international consumer electronics and communications expo. Such advancements are expected to significantly propel the wavelength division multiplexer (WDM) market growth.
The prominent factors that impact the wavelength division multiplexer industry are increasing demand for high capacity network and effective communication; rapid growth in number of internet users as well as network traffic around the globe; and surge in telecommunication applications. In addition, new product launches are projected to flourish the WDM market. However, the cost associated with dark fiber network may hamper growth of the market. On the contrary, rise in advanced network infrastructure and increase in cloud and IP traffic are anticipated to create lucrative opportunities for the market growth.
Competitive analysis and profiles of the major wavelength division multiplexer (WDM) market players, such as Alcatel-Lucent, Ciena Corporation, Fujitsu Ltd., Huawei Technologies, ZTE, Cisco Systems, Inc., Infinera Corporation, ADVA Optical Networking SE, Aliathon Technology Ltd., and ADTRAN Inc., are studied.
Covid-19 Impact Analysis
Key Benefits For Stakeholders
Wavelength Division Multiplexer (WDM) Market Report Highlights
Aspects | Details |
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By Type |
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By Industry Vertical |
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By Region |
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Key Market Players | ADVA Optical Networking, ADTRAN, Inc, ALCATEL-LUCENT, .Aliathon Technology, Ciena Corporation, Cisco System Inc., Fujitsu Optical Components Limited, Huawei Technologies Co., Ltd., Infinera Corporation, ZTE Corporation |
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Wavelength division multiplexer (WDM) is a technique in fiber-optic communications for multiplexing multiple optical carrier signals via a single optical fiber channel by changing the wavelengths of laser lights. In addition, it enables communication in both directions of the fiber cable. WDM being the fundamental block for high capacity optical communications network is used by network providers to meet the increase in demand and yield maximum capacity.
The global wavelength division multiplexer market is anticipated to witness significant growth over the forecast period. Factors, such as an increasing demand for high capacity network and effective communication; rapid growth in number of internet users as well as network traffic around the globe; and surge in telecommunication applications, drive the growth of the market. In addition, new product launches are projected to flourish the WDM market. However, the cost associated with dark fiber network may hamper the growth of the market. On the contrary, rise in advanced network infrastructure and increase in cloud and IP traffic are anticipated to create lucrative opportunities for the market growth.
Leading WDM market players, such as Huawei Technologies, Cisco Systems, Inc., and Fujitsu Ltd., are focusing their investment on technologically advanced and cost-effective products. For instance, in June 2018, Huawei Technologies launched the OSN 9800 M24, the next-generation enterprise backbone flagship WDM product. In addition, Huawei discussed the emerging requirements and development trends of optical transmission technologies with Latin American and European partners in CEBIT 2018, the international consumer electronics and communications expo. Such advancements are expected to significantly propel the market growth.
The key players of the market focus on introducing technologically advanced products to remain competitive in the market. Product launch, acquisition, collaboration, and partnership are expected to be the prominent strategies adopted by the market players. For instance, in September 2018, Fujitsu Laboratories Ltd. developed an ultra-high capacity wavelength-division multiplexing system. This system is projected to considerably expand the transmission capacity of optical fibers in optical networks connecting datacenters.
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