Optical Modulators Market Forecasts to 2028 – Global Analysis By Type (Amplitute Modulator, Analog Modulators), Material (Optical Materials, Non-Optical Materials), Product (Active Optical Cables, Optical Engines) and By Geography
According to Stratistics MRC, the Global Optical Modulators Market is accounted for $29.60 billion in 2020 and is expected to reach $58.12 billion by 2028 growing at a CAGR of 8.8% during the forecast period. Increased demand for fiber-coupled integrated optical modulators and rising demand for cloud-based storage are driving the market growth. However, poor reliability for spaceflight optical modulators, and high operating costs for handling optical modulators are hampering the growth of the market.
An optical Modulator is an optical system that applies a signal-controlled component exhibiting the electro-optic effect to change a light beam. Though, the modulation can be based on the beam's frequency, direction, and polarization or amplitude. This comprises mainly of one or two pocket cells, with added optical elements such as polarizers. The most common types of electro-optic modulators are phase modulators. Modulating a laser beam's strength as well as laser frequency stabilization are some of the market's main application areas for optical modulators.
Based on the end-user, the space and defense segment is going to have lucrative growth during the forecast period, due to the growing demand for technically advanced security and surveillance systems and increasing demand for drone-powered electro-optical surveillance & night-watch systems. The modern developments in the optics system have helped twenty-four-hour situational alertness, revolving rotation, defense gun guidance, and automated object recognition. Furthermore, the massive global military spending, with the armed forces obtaining different devices like optical systems, as well as introducing new technologies in this field is contributing to the segment growth.
By geography, Asia Pacific is going to have high growth during the forecast period, owing to the progress of the telecommunications industry and growing investments in the 5G network that facilitate the optical modulators market growth in the province in upcoming years.
Some of the key players profiled in the Optical Modulators Market include Thorlabs Inc., Gooch & Housego Plc, Lumentum Operations LLC, AA Opto-Electronic, Fujitsu Optical Components Limited, Gooch & Housego PLC, Lightwave Logic, Hamamatsu Photonics K.K., APE GmbH, Versawave Technologies Inc., L3Harris Technologies Inc., AMS Technologies AG.
• Amplitute Modulator
• Analog Modulators
• Intensity Modulators
• Optical Acousto Modulators
• Phase Modulators
• Polarization Modulators
• Spatial Light Modulators
• Liquid Crystal Modulators
• Optical Materials
• Non-Optical Materials
• Fiber-Coupled Optical Modulators Materials
• Free-Space Optical Modulators Materials
• Active Optical Cables
• Optical Engines
• Optical Multiplexers
• Radio Frequency (RF) Circuits
• Variable Optical Attenuators
• Community Antenna Television (CATV)
• Data Centers
• Fiber Optic Sensors
• Industrial Systems
• Optical Communication
Distribution Channels Covered:
End Users Covered:
• Consumer Electronics
• Data Communication
• Medical And Life Science
• Space and Defense
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
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
Select License Type
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.