Fiber Optical Receivers Market

Fiber Optical Receivers Market: Introduction

• Fiber optical receivers are used to convert light or optic signal into electric signal in order to process and distribute it to its final destination. Fiber optic receiver is the fundamental component in communication process, as it performs the actual reception of the optical signal and converts it into electrical pulsed signal.
• The photodiode performance decides the overall performance of fiber optical receivers. The response times of the diodes observe the speed of the data that can be recovered.

Rise in Adoption from IT & Telecommunication Industry

• Based on the end-use industry, the global fiber optical receivers market can be segmented into IT & telecommunication, automotive & transportation, healthcare, power & energy and others (oil & gas, chemicals, etc.)
• The IT and telecommunication segment is estimated to grow at a rapid pace during the forecast period due to the increasing use of fiber optical receivers in data centers & enterprises.
• Fiber optical receivers are primarily utilized for fast speed internet, and an increase in demand for faster data speed is expected to be a prominent factor driving the demand for fiber optic receiver in the IT and telecommunication industry.

North America to Lead Global Fiber Optical Receivers Market

• In terms of region, the global fiber optical receivers market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
• North America is expected to hold the largest share of the fiber optical receivers market during the forecast period due to increasing demand from semiconductor, automotive, and IT and telecommunication industries
• Fiber optical receivers are widely utilized in fiber commination to keep the communication secure and to achieve high speed communication up to 10 gigabit speed
• Rising digitalization & urbanization, the proliferation of the internet of things (IoT), running investment in advanced 5G network & expanded global adoption of 5G network especially by China & The U.S., edge computing, increasing opportunity in augmented reality, and innovations in portable electronic devices such as e-readers, smartphones, tablets, and flash drives are other factors propelling the fiber optical receivers market in North America
• The fiber optical receivers market in Asia Pacific and Europe is expected to expand at a significant pace during the forecast period due to rising demand for fiber optical receivers from diverse industries such as automotive, consumer electronics, semiconductor, and IT and telecommunication. Moreover, the growth is anticipated to be driven by leading countries such as India, China, Japan, Germany, France, and South Korea. The fiber optical receivers market in Middle East & Africa and South America is anticipated to grow at a steady pace during the forecast period.

Key Players Operating in Global Fiber Optical Receivers Market

Key players operating in the global fiber optical receivers market are engaged in developing technologically advanced products to cater to the rising demand for fiber optical receivers. Furthermore, several manufacturers are focusing on strategic mergers and acquisition of local manufacturers and system designers to strengthen their product offerings and expand their geographic reach.

Leading players operating in the global fiber optical receivers market include:

• Broadcom Inc.
• Foxconn Interconnect Technology Limited (FIT)
• Honeywell International Inc.
• Infineon Technologies AG
• Maxim Integrated
• OMRON Corporation
• Semtech Corporation
• Toshiba Corporation

Global Fiber Optical Receivers Market: Research Scope

Global Fiber Optical Receivers Market, by Type

• Analog
• Digital

Global Fiber Optical Receivers Market, by Wavelength

• 0-500 nm
• 500-1000 nm
• 1000-1500 nm
• Above 1500 nm

Global Fiber Optical Receivers Market, by Fiber Type

• Plastic
• Plastic-Optic
• Hard Clad Silica
• Others

Global Fiber Optical Receivers Market, by End-use Industry

• IT & Telecommunication
• Automotive & Transportation
• Healthcare
• Power & Energy
• Others (Oil & Gas, Chemicals, etc.)

Global Fiber Optical Receivers Market, by Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
• South America
  • Brazil
  • Mexico
  • Rest of South America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa