The global fiber optic components market is expected to grow from USD 36.69 billion in 2025 to USD 58.65 billion by 2030, growing at a CAGR of 9.8% from 2025 to 2030.
The primary overall strategies for the fiber optic components market are product innovation and strategic partnerships. Firms in this sector are, therefore, aiming to apply advanced fiber optics technologies, such as wavelength division multiplexing (WDM) and passive optical networks (PON), to improve network performance and realize demand for high-speed data transmission.
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Major Fiber Optic Components companies include:
The company is strategically partnering to leverage complementary strengths, accelerate product development, and expand market reach, particularly in emerging 5G and IoT sectors. Such approaches are imperative to handle rising requirements for bandwidth and reliability in telecommunications and data center applications.
The major players in the fiber optic components market are Coherent Corporation (US), Lumentum Holdings Inc. (US), Broadcom Inc. (US), Sumitomo Electric Industries (Japan), Accelink Technologies (China), Amphenol Corporation (US), Acacia Communications, Inc. (US), EMCORE Corporation (US), Fujitsu Optical Components (Japan), and Furukawa Electric (Japan).
COHERENT CORPORATION
Coherent Corporation deals with high-performance optical networking and laser solutions and provides innovative products such as the world's first single-mode, polarization-maintaining erbium-ytterbium co-doped optical fiber. This fiber type has been designed for high-power applications, supporting over 20 watts of average power. It is helpful for quantum computing and coherent LiDAR research. Coherent's product line also includes precision-matched passive fibers that improve beam quality and coupling efficiency, making them suitable for various applications. The company is committed to advancing optical technologies and providing customized solutions for diverse industry needs.
BROADCOM INC.
Broadcom Inc. is one of the major players in the fiber optics component market. The company's product offerings include high-performance optical transceivers and active optical cables. Recently, the company has partnered with Tencent to expedite the rollout of co-packaged optics network switches, thereby enhancing cloud infrastructure capabilities. Regarding innovations at Broadcom, this focuses on developing a higher rate and effective connectivity solution required in modern telecommunications and data centers operations. This strategic plan for the company will improve its position in the fiber optic technologies' competitive marketplace and thus increase industry growth.
Related Reports:
Fiber Optic Components Market by Component (Transceivers, AOCs, Cables, Amplifiers, Splitters, Connectors, Circulators), Data Rate(Less than 10Gbps, 10Gbos to 40 Gbps, 41 Gbps to 100 Gbps, More than 100 Gbps) and Region - Global Forecast to 2030
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