The active optical cable market demonstrates significant growth potential. The growing use of improved active optical cables in datacenters and high-performance computing, where high data speeds over longer distances are necessary, would support the market growth. According to MRFR, the Global Active Optical Cable Market will gain USD 16,285.2 MN by 2030, growing approximately at a 25.1% CAGR throughout the review period (2022–2030).
Typical applications of active optical cables (AOCs) are multi-lane data communication, interconnect, and long-lasting, reliable electrical connections. The growing demand for specialized designs and manufacturing solutions for complex electrical and electromedical components creates a vast demand for active optical cables. Moreover, the increased production of electric and electronic equipment would drive the market.
Substantial investments made by major manufacturers in developing highly configurable active optical technology platforms substantiate the market size. The growing demand for small form-factor hybrid solutions providing power, control, and data transmission across long distances in machine vision systems, factory automation, robotics, and intelligent sensing devices escalate the market value. Additionally, the ever-increasing power demand worldwide drives the growth of the market.
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Stringent regulations and compliance parameters related to the safety and security of wiring structures foster market shares. The increasing number of power distribution/generation plants and substations across the globe is expected to support the market revenue growth throughout the review period. Additional factors positively impacting the market value include growing investments in renewable energy and power infrastructure upgrades.
Major Players
Active market players are TE Connectivity, Avago Technologies Ltd (Broadcom Inc.), Finisar Corporation (II-VI Incorporated), Amphenol Corporation, Emcore Corporation, Molex Inc., Siemon, 3M Company, Shenzhen Gigalight Technology Co., Ltd., Sumitomo Electric, Corning Incorporated, T&C Communication Co, Ltd., Mobix Labs Inc., Intel Corporation, Alysium Tech GmbH, Dell Inc., IOI Technology Corporation, Chromis Technologies, and Unixtar Technology Inc., among others.
Global Active Optical Cable Market – Segmentations
The market is segmented into type, form factor, application, end-user, and region. The type segment comprises InfiniBand, Ethernet, display ports, serial-attached SCSI (SAS), PCI express (PCIE), HDMI, thunderbolt, USB, USB types, and others. The form factor segment comprises typical connector types and others.
The application segment comprises data centers, consumer electronics (CE), high-performance computing (HPC), telecommunications, digital signage, personal computing (PC), machine vision, robotics, fiber sensors, and others. The end-user segment comprises energy & power, medical, oil & gas, military/aerospace, consumer, IT & telecommunications, and others. The region segment comprises the Americas, Asia-Pacific, MEA, and rest-of-the-world.
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Global Active Optical Cable Market – Geographical Analysis
APAC accounts for the largest active optical cable market share, with the vast availability of raw materials and cost-competitive workforces. The high energy demand in this region boosts the market size, increasing the use of active optical cables. Also, the rapid urbanization & industrialization and the spurring rise in the construction sector create vast market demand in the region.
Besides, the significant advantages of active optical cables impact the market growth positively. China and India account for sizable market shares due to rapid growth in the population and economy in these countries. Moreover, the burgeoning power sector in the region drives the APAC active optical cable market, witnessing increased use of wiring harnesses and other electrical components.
Global Active Optical Cable Market – Competitive Landscape
Fiercely competitive, the active optical cable market appears fragmented, with various notable players forming a competitive landscape. These players increasingly focus on product development and incorporate strategic approaches, such as collaboration, mergers & acquisitions, expansions, and product launches, to gain a larger competitive share. They make substantial investments to drive R&D to develop required technologies and expand.
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Industry/ Innovation/ Related News
Nov.08, 2022 — C2G (the US), a leading provider of high-performance cabling & connectivity solutions, launched Performance series high-speed HDMI active optical cables (AOC). The new cables are suitable for expanded HDMI signals in education, commercial, and high-interference applications.
C2G’s Performance HDMI AOCs feature support for HDMI 2.0, required for increased electrical conductivity, durability, and directional cable required in commercial applications and high-interference environments, such as data centers, operation theatres, and manufacturing facilities.
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