Albany, NY -- (SBWIRE) -- 07/15/2019 -- In order to study the various trends and patterns prevailing in the overall market for Passive Optical LAN (POL), Market Research Reports Search Engine (MRRSE) has included a new report titled "Passive Optical LAN (POL) Market" to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.
The market for passive optical LAN (POL) is led by Huawei Technologies Co., Ltd., ZTE Corporation, and Alcatel-Lucent S.A. These three companies accounted for a combined share of over 75% in the overall POL market in 2015, indicating the high degree of consolidation. MRRSE finds that most of these companies are focusing on business expansion to increase their consumer base and new product development and technological enhancement to deliver value enhancements to customers.
Get Report Sample Copy @ https://www.mrrse.com/sample/1100
An increasing number of companies in the passive optical LAN market are also focusing on innovative and technological advancements and R&D efforts in passive optical networks (PON). Acquisitions are another way of expanding customer base and reducing competition.
Some of the other key companies in the POL market are Ericsson Inc., Adtran Inc, Freescale Semiconductor Inc., Motorola Solutions Inc., Mitsubishi Electric Corporation, and Verizon Communications Inc. Staying on the crest of the technology wave is becoming a success imperative, as can be seen with developments such as the rolling out of Huawei's 4G ultra broadband networks. The company endeavors to gain an advantage in markets such as Rio de Janeiro (Brazil), Bangalore (India), and Stockholm (Sweden) with the move.
"The growing need for higher bandwidth is a major opportunity for players in the passive optical LAN market," states the lead analyst. IT professionals have declared that the demand for higher bandwidth is presently large and is likely to grow in the near future owing to the increasing number of subscribers using a greater number of connected devices and data-dense services. "Africa and Asia are likely to witness a sudden surge in the demand for bandwidth, rising at a CAGR of more than 38%," the analyst predicts.
Moreover, POL solutions are greener than conventional copper-based Ethernet local area networks. This is expected to further bolster the passive optical LAN market over the forecast period. MRRSE predicts that the impact of this factor will remain high over the coming years.
In contrast, various technical and operational issues such as data and signal losses, dispersion, and attenuation threaten to impede the global passive optical LAN market.
The opportunity in the global passive optical LAN market is projected to be worth US$103.4 bn by 2024, rising from US$14.1 bn in 2015. The market is expected to expand at an impressive CAGR of 22.9% during the forecast period of 2016 to 2024. By component, the wavelength division multiplexers/de-multiplexers segment accounted for 12.0% of the global passive optical LAN market revenue in 2015, emerging as the leading contributor. This segment is expected to grow at a CAGR of 22.3% over the forecast period of 2016 to 2024. Optical amplifiers, on the other hand, are poised to register the highest CAGR of 24.0% during the same period.
The report segments the market on the basis of geography into North America, Asia-Pacific (APAC), Europe, and Rest of the World (RoW), estimated in terms of revenue (USD billion). The report also segments the market based on components into optical cables, optical couplers, optical encoders, patch cords and pigtails, optical connectors, optical power splitters, optical amplifiers, optical transceivers, optical circulators, wavelength division multiplexers/de-multiplexers, fixed and variable optical attenuators, and optical filters. Based on applications, the passive optical LAN market is further segmented into fiber in the loop (FITL), interoffice, synchronous optical network (SONET), loop feeder, synchronous digital hierarchy (SDH) systems and hybrid fiber-coaxial cable (HFC).
For a better understanding of the passive optical LAN market, we have given a detailed analysis of the value chain. Furthermore, the study also comprises a market attractiveness analysis, where the products types are benchmarked based on their market size, growth rate and general attractiveness.
Send an Enquiry @ https://www.mrrse.com/enquiry/1100
The report provides company market share analysis of various industry participants. In addition, the key players in the passive optical LAN market have also been profiled. The company profiles highlight the Company Details (HQ, Foundation Year, Employee Strength) Market Presence, By Segment and Geography, Key Developments, Strategy and Historical Roadmap, Revenue and Operating Profits in the field of passive optical LAN. Some of the key market participants profiled in this report include Alcatel Lucent SA (France), Ericsson Inc. (Sweden), Huawei Technologies Co. Ltd. (China), Adtran Inc (U.S.), TE Connectivity Ltd. (Switzerland), ZTE Corporation (China), and Verizon Communications Inc. (U.S.) among others.
Passive optical LAN market: By geography
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
Italy
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of APAC
Rest of the World
South America
Middle East
Africa
Passive optical LAN market: By components
Optical cables
Optical couplers
Optical power splitters
Optical encoders
Patch cords and pigtails
Optical connectors
Optical amplifiers
Optical transceivers
Fixed and variable optical attenuators
Optical circulators
Wavelength Division Multiplexers/De-multiplexers
Optical filters
Others
Passive optical LAN market: By application
Loop feeder
Interoffice
Fiber In The Loop (FITL)
Synchronous Optical Network (SONET)
Hybrid Fiber-Coaxial Cable (HFC)
Synchronous Digital Hierarchy (SDH) systems
About Market Research Reports Search Engine (MRRSE)
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE's repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact Us
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com