Market Scenario

According to Market Research Future, the market for optical switches has been segmented on the basis of type, sales channel, application, and region.

An optical switch is a device used to provide selective switching of optical signals from one channel to another without the need for conversion to electrical signals. These switches are rapidly being used in areas, such as switching and routing of optical signal, optical network protection and restoration, and optical network monitoring. The growing data traffic and consequent increase in demand for high data transmission rates and reduction in energy consumption drive the demand for optical switches in the market. However, the high cost of optical switches limit the growth of the market.

Based on type, the optical switch market size has been segmented into acousto optical switches, liquid crystal optical switches, bubble optical switches, fiber Bragg grating-based optical switches, mechanical optical switches, magneto-optical switches, and others. The mechanical optical switches segment is estimated to be the largest during the review period; it is expected to register the highest CAGR during the forecast period. Mechanical optical switches are witnessing growing adoption by mechanical keyboards manufacturers owing to its benefits such as a faster actuation and better response time.

Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/7669

Based on sales channel, the market has been segmented into original equipment manufacturers (OEMs), offline distributor, and online distributor. OEMs are expected to dominate the market in 2018, and the offline distributor segment is expected to register the highest CAGR during the review period.

Based on application, the market has been segmented into optical switching, fiber restoration and optic component testing, optical add-drop multiplexing, optical cross-connects (OXC), signal monitoring, and others. The optical switching segment is expected to dominate the optical switches market during the forecast period owing to their growing adoption in data centers to facilitate both controlling traffic and providing protection switching between networks. However, the fiber restoration and optic component testing segment is expected to register the highest CAGR during the forecast period. In 2017, China Telecom constructed a massive wavelength division multiplexing automatically switched optical network (WDM ASON) at 21 nodes across Jiangsu, Shanghai, Zhejiang, Hubei, Anhui, and Jiangxi provinces. With this full-mesh networking that includes all-optical switching nodes, the company deployed the first all-optical network 2.0 backbone network in the country.

Regional Analysis

The global optical switches market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is expected to be the largest market in the forecast period owing to the increasing automation across different industry verticals that demand the use of optical switches for optic component testing. The major countries identified to witness high growth in Asia-Pacific are China, Japan, Australia, and India.

North America is estimated to be the second largest market during the review period owing to the high concentration of market players and easy availability of proficient technical expertise.

Key Players

The prominent players in the optical switches market are Juniper Networks (US), Keysight Technologies Inc. (China), HP Enterprises (US), ON Semiconductor (US), Fujitsu Ltd (Japan), ZTE Corporation (China), Yokogawa Electric Corporation (Japan), Omron Corporation (Japan), Huawei Technologies (China), NEC Corporation (Japan), D-Link Corporation (Taiwan), Emcore Corporation (US), Cisco Systems, Inc. (US), DiCon Fiberoptics, Inc. (US), Luna Innovations Inc. (US), Ericsson (Sweden), Alcatel-Lucent SA (France), and OPTEK Technology, Inc. (US).

Get Complete Report @ https://www.marketresearchfuture.com/reports/optical-switches-marke...

About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: [email protected]

Website: https://www.marketresearchfuture.com