How big is the Optical Modulators Market?

The Optical Modulators Market size is expected to reach USD 5.69 billion in 2024 and grow at a CAGR of 17.19% to reach USD 12.58 billion by 2029. Read More

What is the current Optical Modulators Market size?

In 2024, the Optical Modulators Market size is expected to reach USD 5.69 billion. Read More

Who are the key players in Optical Modulators Market?

Thorlabs Inc., Lumentum Holdings Inc., AA Opto-Electronic, Fujitsu Optical Components Limited and Gooch & Housego PLC are the major companies operating in the Optical Modulators Market. Read More

Which is the fastest growing region in Optical Modulators 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 Optical Modulators Market?

In 2024, the North America accounts for the largest market share in Optical Modulators Market. Read More

What years does this Optical Modulators Market cover, and what was the market size in 2023?

In 2023, the Optical Modulators Market size was estimated at USD 4.71 billion. The report covers the Optical Modulators Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Optical Modulators Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Optical Modulators Market Share

Statistics for the 2023 & 2024 Optical Modulators market share, created by Mordor Intelligence™ Industry Reports. Optical Modulators 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 Optical Modulators Industry

The optical modulators market is fragmented due to the presence of both global players and small and medium-sized enterprises. The major players in the market are Thorlabs Inc., Lumentum Holdings Inc., AA Opto-Electronic, Fujitsu Optical Components Limited, and Gooch & Housego PLC. Players in the market are adopting strategies such as partnerships, collaboration, mergers & acquisitions, and product launches to gain sustainable competitive advantage and market share.

May 2024: Optical communications technology company Lightwave Logic collaborated with Advanced Micro Foundry (AMF) to develop polymer slot modulators utilizing AMF's silicon photonics platform. The agreement between the two companies came amid a collaboration in the previous year in which they teamed to develop electro-optic polymer slot modulators using AMF's standard manufacturing process flow on 200-mm wafers.
March 2024: HyperLight, the provider of integrated electro-optical modulators (EOMs), expanded its intensity modulator series. This announcement underscored HyperLight's continued commitment to the innovation of photonics integrated circuits (PICs). The modulators offered by the company are based on proprietary high-bandwidth and low-voltage thin film lithium niobate (TFLN) PIC technology.