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Optical Waveguide Market Share

  • Report ID: GMI5472
  • Published Date: Mar 2023
  • Report Format: PDF

Optical Waveguide Market Share

  • Sumitomo electric industries ltd.
  • Corning Incorporated
  • Prysmian Group S.p.A.
  • Commscope
  • Fujikura ltd

are some of the key participants involved in the optical waveguide market. These firms mainly engage in R&D initiatives and new product launches. For instance, in February 2022, Corning Incorporated (US), a technology firm, launched the new 2.0 high-index glass composition to improve the expansion of mixed and augmented reality (AR/MR) diffractive waveguides for wearable devices. With this move, the company purposed to accelerate the adoption of augmented reality (AR) technology.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Global market size for optical waveguide registered a valuation of more than USD 5 billion in 2022 and is primed to grow at over 10% CAGR between 2023 and 2032 propelled by mounting numbers of data centers and internet users worldwide.

Planar segment is poised to accumulate over 20% market share by 2032 as a result of its suitability for data-intensive solutions, including optical transceivers, lasers, and chip-to-chip optical interconnects.

Telecommunication end-use segment surpassed a valuation of USD 1 billion in 2022 owing to the accessibility of low-cost communication devices, affordable services offered by telecom service providers, and the expanding global internet user base.

North America optical waveguide industry was valued at over USD 2 billion in 2022 on account of supportive government plans to provide high-speed internet infrastructure in the region.

Optical Waveguide Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 350
  • Countries covered: 20
  • Pages: 250
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