SHARE
Lithium Niobate Modulator Market

Lithium Niobate Modulator Market Forecasts to 2028 – Global Analysis By Type (10 GHz, 20 GHz), Wavelength Window (800 NM, 1550 NM), End User (IT and Telecomm, Industrial) and By Geography

4.6 (92 reviews)
Published: October 2021 ID: SMRC21076
4.6 (92 reviews)
Published: October 2021 ID: SMRC21076

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Lithium Niobate Modulator Market is accounted for $10,098.96 million in 2020 and is expected to reach $49,562.72 million by 2028 growing at a CAGR of 22.0% during the forecast period. Rising adoption for connectivity advancements, implementation of 5G network technology and increase in the demand of lithium niobate modulator based optical fibers are driving the market growth. However, high cost modulator is hampering the growth of the market.

Lithium niobate modulator is an electro-optic device to modulate an optical beam that utilizes a signal controlled element. They are mostly utilized in optical computing, digital and analog signal processing, and communications. Lithium niobate modulators are utilized to modify electric-optical properties such as position, phase, amplitude, and frequency of material.

Based on the end user, the information technology (IT) and telecommunications segment is going to have lucrative growth during the forecast period as these modulators have significant growth in the communication sector for use in wireless LAN services, 3G and VoLTE networks to provide high speed internet services.

By geography, Asia Pacific is going to have high growth during the forecast period due to the implementation of new developments and cost minimization methods in these modulators and due to an increase in research and development activities it is projected to drive the global lithium niobate modulator market in the region.
 
Some of the key players profiled in the Lithium Niobate Modulator Market include iXblue Group, Gooch & Housego plc, Fujitsu Optical Components Ltd., Beijing Panwoo Integrated Optoelectronic Inc., Lumentum Operations LLC, EOSPACE, Inc, Sumitomo Osaka Cement Co., Ltd, Thorlabs, Inc and Fabrinet Inc.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 10,098.96 million

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

22.0%

Predicted 2028 Value:

USD 49,562.72 million

Forecast Years:

2021-2028

Tables, Graphs& Figures

161

Chapters Covered:

Type, Wavelength Window, Modulator Cross-Section, Application, End User and Region

Core Drivers and Opportunities:

  • Rising adoption for connectivity advancements
  • Increase in the demand of lithium niobate modulator based optical fibers
  • Implementation of 5G network technology

Restraining Factors & Market Threats:

  • High cost of modulator
  • Less preference by customers


Types Covered:
• 10 GHz
• 20 GHz
• 40 GHz   

 Wavelength Windows Covered:
• 800 NM
• 1060 NM
• 1300 NM
• 1550 NM   

Modulator Cross-Sections Covered:
• Z-Cut
• X-Cut   

Applications Covered:
• Sensing and Instruments
• Phase Keyed Optical Communications
• Quantum Key Distribution
• Coherent Communication Links
• Spectrum Broadening
• Interferometric Sensing   

End Users Covered:
• Information Technology (IT) and Telecommunications
• Military, Aerospace & Defense
• Industrial
• Commercial
• Research   

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Lithium Niobate Modulator Market is majorly driven by rising adoption for connectivity advancements, implementation of 5G network technology and increase in the demand of lithium niobate modulator based optical fibers.

The information technology (IT) & telecommunication segment is growing at a highest CAGR as these modulators have significant growth in the communication sector for use in wireless LAN services, 3G and VoLTE networks to provide high speed internet services.

North America dominated with a significant market share due to the factors such as upsurge in lithium niobate modulator market majorly in developed economies such as U.S. and Canada and increase in the use of lithium niobate modulator in optical fiber market for higher data rates and good compatibility.

Asia Pacific market is growing at a highest CAGR due to the implementation of new developments and cost minimization methods in these modulators and due to an increase in research and development activities in the region.

Key players in Lithium Niobate Modulator Market include iXblue Group, Gooch & Housego plc, Fujitsu Optical Components Ltd., Beijing Panwoo Integrated Optoelectronic Inc., Lumentum Operations LLC, EOSPACE, Inc, Sumitomo Osaka Cement Co., Ltd, Thorlabs, Inc and Fabrinet Inc.

Select License Type

Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials