The Active Optical Cable Market provides vital information about the global, regional, and top companies, such as Active Optical Cable market share analysis, winning strategies, latest developments, and financials. Aside from giving information on the top participants in the Active Optical Cable market, the study also recalculates the influence of macroeconomic and microeconomic factors that may have an impact on the Active Optical Cable market’s development. The report begins with an overview of the industrial chain structure, followed by a description of the increasing trend. Furthermore, the study examines market size and predictions for several geographic areas, kinds, and end-use sectors. Identifying strengths, weaknesses, opportunities, and threats results in fact-based analysis, new insights, increased revenue, historical data, and predicting new ideas.
The Active Optical Cable market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. The Active Optical Cable Market key insights have been presented through the frameworks of SWOT and Porter’s Five Forces analysis along with the attractiveness of the market has been presented by sales, revenue, distribution channel, product type, and region.
An active optical cable (AOC) is a cabling technology that uses optical fiber between the connectors to improve the cable’s performance. There is a rise in demand for AOC as it serves as an alternative to copper cables, due to its various advantages such as small bend radius for easy installment, low power consumption, and light weight. Applications of these cables have expanded, from high-performance computers to networking and storage with the support of many protocols. In addition, AOCs rely on different protocols, such as InfiniBand, USB, and Ethernet, for data transmission.
Global active optical cables Application segment consists of Data Center, Consumer Electronics, High-performance Computing(HPC), Digital Signage and Others. The growing demand for active optical cable in data center, worldwide is one of the key drivers of the market. The data center market also needs a broad portfolio of fiber optic modules to connect servers, switches, and storage, which is accomplished by active optical cable. Therefore, increase in the deployment of data center is a key driver of market. Data Center was estimated to account for a sales share of 43.52% in 2020. This report focuses on the active optical cables in global market, especially in North America, Europe, Asia-Pacific, South America and Middle East & Africa. As the largest consumer country, USA consumed 1524.3 K Units of active optical cables in 2019, accounting for 31.19% of the global total. China is the second important consumer country, with consumption accounting for 12.16% of the global in 2019. The Key players operating into Global active optical cables Market are II-VI (Finisar), Siemon, Broadcom, Mellanox Technologies and Amphenol ICC, etc. II-VI (Finisar) and Siemon are the two players with the largest sales share, occupying 11.23% and 10.38% of the market share in 2019, respectively.
We have been tracking the direct impact of COVID-19 on this market, as well as the indirect impact from other industries. This report analyzes the impact of the pandemic on the Active Optical Cable market from a Global and Regional perspective. The report outlines the market size, market characteristics, and market growth for Active Optical Cable industry, categorized by type, application, and consumer sector. In addition, it provides a comprehensive analysis of aspects involved in market development before and after the Covid-19 pandemic. Report also conducted a PESTEL analysis in the industry to study key influencers and barriers to entry. Globe Newswire