Global Optical Switches Market: Industry Key Players
Examples of some of the key players operating in the global Optical Switches market are
- Honeywell
- Omron
- ON Semiconductor
- EMCORE Corporation
- Optek Technology
- Broadcom Limited
- Sharp Microelectronics
- Agiltron Inc.
- NTT Advanced Technology Corporation
- Others.
Global Optical Switches Market: Segmentation
The global optical switches market is segmented on the basis of the sales channel, technology and region.
Segmentation Based on Sales Channel:
On the basis of sales channel, the optical switch market is segmented into
- OEMs (original equipment manufacturers)
- aftermarket.
Segmentation Based on Technology:
On the basis of technology, the optical switches market is segmented into
- mechanical optical switches
- liquid crystal optical switches
- waveguide optical switches
- thermal optical switches
- magneto-optical switches
- others.
Segmentation Based on Region:
On the basis of region, the market is segmented into
- North America
- Latin America
- Europe
- Eastern Europe
- CIS & Russia
- Japan and MEA.
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Global Optical Switches Market: Region Wise Outlook
APEJ holds a major market share in the global optical switches market due to the increasing production of optical switch units in developing countries, such as China, India and others. This increasing production of optical switches is primarily being driven by the availability of cheap raw materials and lower labour costs in these countries.
North American and European countries are the second-largest markets for optical switches as the data traffic is highest in this region. Also, industries in this region are more focused on delivering outstanding services in terms of data operations and hence, the deployment of optical switches is increasing in this region. On the other hand, the demand for optical switches in the MEA region is expected to grow at a moderate CAGR over the forecast period.
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