New York, NY, April 11, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Wavelength Division Multiplexer Market by Multiplexer Type (Coarse Wavelength Division Multiplexer (CWDM) and (DWDM) Dense Wavelength Division Multiplexer) Market for IT & Telecommunication, Healthcare, Manufacturing, Financial Services and Other Industry Verticals by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2023’’. According to the report, global wavelength division multiplexer market was valued at around USD 14.10 billion in 2017 and is expected to reach approximately USD 28.43 billion in 2023, growing at a CAGR of slightly above 12.4% between 2018 and 2023.
Wavelength Division Multiplexing is a technique in fiber optic communications that enables the use of multiple light wavelengths to send data over the same medium. Two or more wavelengths of light can travel on a single fiber and several signals can be transmitted in an optical waveguide at different wavelengths. Multiplexing is carried out at the transmitter end by using a multiplexer. WDMs are used to combine light signals coming from different optical fibers onto a single optical fiber. This is achieved by using a coupler at the input of a wavelength division multiplexer.
Browse through 29 Tables & 22 Figures spread over 110 Pages and in-depth TOC on “Global Wavelength Division Multiplexer Market: Industry Size, Share, Applications, Analysis and Forecast 2017-2023”.
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The increasing demand for high-speed data transfer is anticipated to provide high adoption rate for WDM (Wavelength Division Multiplexer) market globally. Along with this the tremendous rise in internet users both commercially as well as residentially forced the operators to meet the growing demand for bandwidth. For this reason, the operators are relying on optical fibers. Low cost per bit of data transfer by WDMs is one of the important drivers that are expected to drive WDM market. WDMs are widely used because of the fact that they use the less expensive transmitter with no need of temperature stabilization and they transfer the data over multiple terabits per second at thousands of kilometers. The factor restraining the growth of WDM market is cost related to dark fiber network in the ground. Dark Fiber is the term used for unused optical fiber network infrastructure laid down during cabling. The increase in IP traffic and bandwidth demands are anticipated to provide opportunities for the global WDM market.
The regional segmentation of wavelength division multiplexer market is categorized into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is expected to have the largest share for WDM market in terms of revenue. For instance, Cisco Systems, Inc. is investing significantly in DWDM technology in North America. Segmentation of WDM market based on multiplexer type is Coarse Wavelength Division Multiplexer (CWDM) and Dense Wavelength Division Multiplexer (DWDM). The emergence of DWDM as a key element is expected to drive this market and share a larger portion of the revenue of WDM market. Owing to rapidly increasing internet penetration among the population, and growing demands for high quality visual, audio, and data context the market is expected to rise in terms of revenue in this region.
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Asia Pacific is expected to be the fastest growing market for WDMs as various companies in China including ZG Technology (Shenzhen) Limited, Optic Network Technology Co., Ltd. and others are the leading manufacturers and suppliers of WDMs. WDM systems integrate easily with existing optical transport equipment and enable access to the untapped capacity of the embedded fiber. They also eliminate the costs associated with mapping common data protocols into traditional networking payloads. The use of DWDM technology for amplified and high bandwidth applications in metro areas, regional, and long-haul applications is increasing as it can squeeze as many channels as possible into optical spectrum. Due to this reasons, WDMs are widely used in this region.
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Other regions including Europe, Latin America, Middle East and Africa are also witnessing significant growth in wavelength division multiplexer technology by investing on R&D, so that new and advanced technologies can be explored in this market.
Some of the key players operating in this market are Infinera Corporation, ZTE, and Cisco Systems, ADVA Optical Networking SE, Aliathon Technology Ltd., Alcatel-Lucent, Ciena Corporation, ADTRAN Inc., Huawei Technologies, Fujitsu Ltd., and Cisco Systems, Inc. amongst others.
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The report segments global wavelength division multiplexer market as follows:
Wavelength Division Multiplexer Market: Multiplexer Type Segment Analysis
- Coarse Wavelength Division Multiplexer (CWDM)
- Dense Wavelength Division Multiplexer (DWDM)
Wavelength Division Multiplexer Market: Industry Verticals segment
- IT & Telecommunication
- Healthcare
- Manufacturing
- Financial Services
- Others
Wavelength Division Multiplexer Market: Regional segment analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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