What is Industrial Network Transceiver Market Scope?
The global Industrial Network Transceiver market is expected to boost the global industrial transceivers for industry-grade automation purposes market in the forecasted period. An industrial transceiver consists of a transmitter and a receiver installed into the same building. In addition, transmitters and receivers share a similar circuit. The government of various nations is taking stringent initiatives that will help to boost the global demand. Also, The growing demand for Multi-mode industrial transceivers is acting as a driver of the market.
The Industrial Network Transceiver market study is being classified by Type (Single-Mode and Multimode), by Application (IT and Telecom, Chemical, Consumer Electronics, Manufacturing, Food and Beverage, Textile Industry, Energy Industry and Others) and major geographies with country level break-up. According to AMA, the Global Industrial Network Transceiver market is expected to see growth rate of 16.7% and may see market size of USD36.55 Billion by 2026.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Industrial Network Transceiver market throughout the predicted period.
NeoPhotonics Corp. (United States), Finisar Corp. (United States), Lumentum Holdings Inc. (United States), Oclaro, Inc., Ltd. (United States), Foxconn Electronics Inc. (United States), Fujitsu Optical Components Ltd. (Japan), Reflex Photonics Inc. (Canada), Source Photonics Inc. (United States), Accelink Technologies Co., Ltd. (China) and Sumitomo Electric Industries. (Japan) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Industrial Network Transceiver market by Type, Application and Region.
On the basis of geography, the market of Industrial Network Transceiver has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 24th Sept. 2018, Finisar (NASDAQ: FNSR) today introduced several new product and technology demonstrations taking place this week at ECOC, the European Conference on Optical Communications in Rome, Italy. Several 200G and 400G transceivers will be demonstrated, including 400G QSFP-DD DR4, 400G QSFP-DD eLR8 (extended-reach), 200G QSFP56 FR4, and 200G QSFP56 eFR4.
On 6th June 2021, source Photonics, a leading vendor of optical connectivity products, announced a range of 800G optical transceivers for Datacenter and Telecom applications during the OFC 2021 virtual event
Influencing Market Trend
- The growing demand from several industries verticals such as ITES, consumer electronics, healthcare, and pharmaceuticals
Market Drivers
- The increasing adoption of industrial transceivers in the telecommunication industry
- Stringent government measures to promote renewable energies
Opportunities
- Increase in importance of the Internet and industrial IoT
Restraints
- Rapidly changes in networks and telecommunication technologies
Challenges
- The low capital investment on IT infrastructure and telecommunication networks and the development and utilization of next-generation technologies
Key Target Audience
Government Research Technology, Research Organization, Private Research Organizations and Others
Customization available in this Study:
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