What is the current Fiber Optic Component Market size?

The Fiber Optic Component Market is projected to register a CAGR of 10.70% during the forecast period (2024-2029) Read More

Which is the fastest growing region in Fiber Optic Component Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Fiber Optic Component Market?

In 2024, the Asia Pacific accounts for the largest market share in Fiber Optic Component Market. Read More

What years does this Fiber Optic Component Market cover?

The report covers the Fiber Optic Component Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Fiber Optic Component Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Fiber Optic Component Market Share

Statistics for the 2023 & 2024 Fiber Optic Component market share, created by Mordor Intelligence™ Industry Reports. Fiber Optic Component share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Fiber Optic Component Industry

The Fiber Optic Component Market is fragmented, and the major players have adopted several strategies such as expansions, agreements, new product launches, joint ventures, partnerships, and acquisitions, among others, to enhance their footprints in this market to maintain in the long run. Players operating in the fiber optic components market are Lumentum Operations LLC, II-VI Incorporated, Broadcom Corporation, Sumitomo Electric Industries, Ltd., and Accelink Technologies Corporation, among others.

April 2020 - Sumitomo Electric Industries, Ltd. announced that it has acquired Thunderbolt 3 certification for its new active optical cables (AOCs) from Intel Corporation, the company that established the Thunderbolt 3 standard. Sumitomo Electric developed 40 Gbps Thunderbolt 3 AOCs for high-speed transmission to meet the needs for long-distance transmission.
Feb 2020 - Infinera and Lumentum Holdings Inc. (Lumentum), announced a collaboration to bring to market XR optics-based networking solutions. Featuring the industry's first point-to-multipoint coherent optical aggregation technology, XR optics is designed to disrupt optical networking economics by enabling new transport architectures.