[December 12, 2017]

Global Active Optical Cable Market - Expected to Grow at a CAGR of 27% by 2023 - Research and Markets

The "Global Active Optical Cable Market Research Report Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report has been added to Research and Markets' offering.

The global active optical cable market is expected to rise at a CAGR of 27% during the forecast period 2016-2023. Active optical cables offers several advantages over conventional copper cables such as enhanced distance performance and high speed communication without hampering the compatibility with standard electrical interfaces.

Geographically, North America is the largest market region for global active optical cable market in terms of market revenue share. The key factors driving the market growth in North America region is the increased adoption of cloud services in the U.S. in order to avoid large capital expenditure on hardware and upgrades. Furthermore, the presence of major optical fiber manufacturing companies in the North America region is contributing significantly to the market growth. However, Asia Pacific is expected to emerge s the fastest growing market region during the forecast period 2016-2023. This is due to the increasing demand for active optical cable in China. Also the Asia Pacific active optical cable market is still in the development phase and the upcoming technological advancement would make the active optical cable high potential and lucrative in Asia Pacific region.

The global active optical cable market is influenced by the presence of leading companies such as IBM Corporation, Molex (News - Alert) Incorporated, Finisar Corporation, Emcore Corporation, Amphenol Corporation etc. Product launch, joint venture, mergers and acquisition are some of the crucial strategies adopted by the key market players to gain competitive advantage.

Companies Mentioned

• 3M Company (U.S.)
• Amphenol Corporation(U.S.)
• Broadcom (News - Alert) Technologies (U.S.)
• Emcore Corporation (U.S.)
• Fci Electronics (U.S.)
• Fiberon Technologies, Inc. (U.S.)
• Finisar Corporation (U.S.)
• Fujitsu (News - Alert) (Japan)
• Ibm Corporation (U.S.)
• Molex Incorporated (U.S.)
• Oclaro, Inc. (U.S.)
• Shenzhen Gigalight Technology Co., Ltd. (China)
• Siemon Company (U.S.)
• Sumitomo Electric Industries, Ltd. (News - Alert) (Japan)
• Viavi Solutions Inc. (U.S.)

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographic Analysis

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/bktjdk/global_active

View source version on businesswire.com: http://www.businesswire.com/news/home/20171212005654/en/

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