The active optical cable & extender market is valued at USD 3.3 billion in 2023 and is anticipated to be USD 6.2 billion by 2028, growing at a CAGR of 13.1% from 2023 to 2028. Factors such as the requirement for fiber optic modules in data centers and large-scale adoption of cloud-based services are expected to drive market growth during the forecast period. Cabling is crucial for data centers, requiring high bandwidth, low power, and long reach. The demand for fiber optic modules to connect servers, switches, and storage in data centers is rising. As a result, AOCs are increasingly deployed to meet these needs. AOCs are utilized for higher speeds, such as 100 G and 400 G. The demand for more bandwidth and power boosts the deployment of AOCs in data centers.
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These companies have employed a variety of growth approaches, such as product launches and development, collaborations, expansions, and acquisitions, to compete in the active optical cable & extender market. Partnerships have been the key strategy of players from 2020 to 2022 for expanding their customer base and strengthening their product portfolio.
Coherent Corp.’s expertise in optical fiber cable technology helps it become the leading provider of high-quality data transmission, telecommunications, and networking cables. Coherent Corp.’s focus on acquisitions has been a key driver for its growth and success. For instance, in July 2022, II-VI Incorporated (US) completed the acquisition of Coherent, Inc. Prior to that, in September 2019, II-VI Incorporated acquired Finisar (US), a prominent supplier of optical components.
TE Connectivity is a global company specializing in connectivity and sensor products. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. TE Connectivity is a prominent player in the active optical cable & extender market, leveraging its strengths to deliver innovative solutions. With extensive expertise in electrical and optical interconnects the company excels in developing high-performance, reliable, and cost-effective products for data center and networking applications.
Broadcom designs develops, and supplies a range of semiconductor and infrastructure software solutions. The company operates through two business segments: Semiconductor solutions and Infrastructure software. Broadcom holds a leading position in the active optical cable & extender market. Broadcom Inc. adopts acquisition strategies to sustain its position in the active optical cable & extender market. In 2015, the company required the optical transceiver and technology assets to be sold to FIT. It establishes the Optical Systems Division by combining these assets with its existing Fiber Optics Product Division. This integration positions FIT and Broadcom to better serve customers in the competitive datacom and telecom markets with comprehensive solutions, ranging from discrete III-V components to complete optical systems. The move allows it to expand its offerings and strengthen its position as a top solution provider.
Amphenol Communications Solutions is prominent in the active optical cable & extender market due to its advanced technology, superior product performance, and extensive product range. Amphenol Communications Solutions leverages its advanced global manufacturing capabilities, including 3D printing, CNC machining, and proprietary technology, to excel in the active optical cable & extender market. With a vertically integrated approach from design to manufacturing, the company maintains stringent quality standards, certified by globally recognized organizations. The widespread geographic presence allows it to provide timely and reliable products while reducing production and logistics costs.
Corning Incorporated combines expertise in glass science, ceramic science, and optical physics with robust manufacturing and engineering capabilities to excel in the active optical cable & extender market. The company’s focus on research & development, material & process innovation, and trust-based customer relationships empowers it to meet evolving market needs and seize opportunities in dynamic industries. Corning Incorporated’s optical fiber manufacturing facilities are strategically located in North Carolina, China, and India, with a new facility in Poland. These manufacturing centers support the company’s position in the active optical cable & extender market by ensuring a reliable supply of high-quality optical fiber products.
Related Reports:
Active Optical Cable & Extender Market by Product, Protocol (InfiniBand, Ethernet, Serial-Attached SCSI (SAS), DisplayPort, HDMI, Thunderbolt, USB), Form Factor (QSFP, QSFP-DD, SFP, SFP+, PCIE, CXP), Application and Region - Global Forecast to 2028
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