Analyst Electronicast forecasts growth for fibre optic communication collimators market

Created October 11, 2016
News and Business

ElectroniCast Consultants, a market research & technology forecast consultancy addressing the fibre optics communications industry, has published a new market forecast of the global market consumption and technology trends of small beam collimating lens assemblies in fibre optic communications. The range of technologies covered includes telecommunication, datacom and cable TV, passive and active, integrated hybrid components and devices.

The market study covers single lens assemblies, 2-12 lens arrays, and arrays with more than 12 lenses. Both of the lens array categories are forecast with strong growth rates of around 20% per year (2015-2021). Single lens fibre optic collimator assemblies held the global market share lead, with 75% in 2015; however the category is forecast to have relatively flat growth.

“Collimator lenses are used in a variety of photonic products; however this market study forecasts the use of micro-sized collimator lens assemblies, which are used specifically in optical communication components/devices. Fibre optic collimator lens assemblies serve as a key indicator of the growth of the fibre optic communication component industry,” said Stephen Montgomery, Director of the Fibre Optic Component group at the California-based consultancy.

ElectroniCast defines lens assemblies as “loose” lenses (one or more), which are attached to an optical fibre or fitted/attached on a planar waveguide or array substrates or other devices, such as a ferrule, for the purpose of collimating light for optical communications.

The global consumption of fibre optic collimator lens assemblies, which are used in commercial optical communication applications, reached $342.5 million in 2015. Consumption is based on the geographical location where the lens assembly is initially used into the higher-level component or module package

ElectroniCast forecasts that the Asia-Pacific Region will hold the market share lead for most of the timeframe covered in the forecast period; however the America region, led by the United States, and the Europe/Middle East/Africa region are forecast for faster growth compared with the APAC region.

Link: http://www.electronicastconsultants.com/press.html

By Optical Connections News Team

analyst-electronicast-forecasts-growth-fibre-optic-communication-collimators-market

This article was written
by Matthew Peach

Matthew Peach is a freelance technology journalist specialising in photonics and communications. He has previously worked for several business-to-business publishers, editing a range of high-tech magazines and websites.