Aptos, CA, March 16, 2017 --(PR.com
)-- ElectroniCast Consultants, a leading market research & technology forecast consultancy addressing the fiber optics communications industry, today announced the release of a market forecast of the global consumption and technology trends of component-level fiber optic attenuators in optical fiber networks. Attenuators are used to control the power level of an optical signal used in optical fiber communication networks.
The global consumption value of component-level fiber optic attenuators is projected to reach $323.8 million in 2015. During the forecast period, the value is forecast to increase at an average annual growth rate of 4.7 percent to reach $427.8 million in 2021. (1) The Telecommunications application is forecast to dominate the consumption of fiber optic attenuators throughout the forecast period.
In the ElectroniCast study, the market is presented by the following product categories: Fixed (Bulkhead/Plug/Panel Mount and In-Line Jumper with Connectors) and Variable Optical Attenuators (Manually-controlled and Electrically-controlled).
“The use of variable optical attenuators (VOAs) with optical switching is contributing to the steady increase of this particular component,” said Stephen Montgomery, Director of the Fiber Optics group at ElectroniCast. “A critical functional area in fiber optic communication includes optical switching and VOAs; therefore, the increase in 100G is contributing to the increase demand of VOAs in both the telecommunication and datacom segments,” Montgomery added.
Component-level electronically variable optical attenuators (EVOAs) are available utilizing various methods; however, Micro-Electro-Mechanical Systems (MEMS) is currently the most popular technique. According to ElectroniCast, the use of manually controlled and electrically controlled VOAs reached $253 million in 2015.
(1) All values and prices in this report are at factory as-shipped levels, and are in current dollars, which include the effect of a forecasted 5 percent annual inflation rate over the forecast period.