Albany, New York (PRWEB) August 30, 2014
According to a new market report published by Transparency Market Research "Passive Optical LAN (POL) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020," the global passive optical LAN (POL) market was valued at USD 9.89 billion in 2013, growing at a CAGR of 19.2% from 2014 to 2020 and is estimated to reach USD 33.88 billion in 2020.
Increasing fiber deployments coupled with rising bandwidth requirements across the RoW and APAC regions is driving the passive optical LAN (POL) market. In addition, growth of passive optical networks globally is further propelling the POL market. Accelerating demand for energy efficient and green network solutions is driving the use of passive optical components, thereby driving the POL market. Heavy investments in fiber optic technology and in upgrading research infrastructure globally are also boosting the POL market. Thus, the global passive optical LAN (POL) market is expected to grow at a CAGR of 19.2% over the forecast period.
Browse the full Passive Optical LAN (POL) Market Report at http://www.transparencymarketresearch.com/passive-optical-lan-market.html.
Components share in the global passive optical LAN market was dominated by the wavelength division multiplexers/de-multiplexers in 2013. The patch cords and pigtails market followed accounting for over 11% of the global market share of components due to high usage in ultra-high capacity networks. Fixed and variable optical attenuators and optical amplifiers markets were analyzed to grow at an above average CAGR following the rising demand for high bandwidths and the growth in fiber optic technologies wherein these components are primarily used.
The global POL market application share was dominated by the SDH application segment. SONET application segment closely followed the SDH application segment. While SDH equipment is accepted globally, SONET equipment is majorly used in the North American region. Thus, both the application segments are expected to continue their dominance during the years 2014 to 2020, on account of their ability to transfer multiple digital bit streams over optical fiber using lasers or LED's.
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Increasing fiber deployments coupled with heavy investments in research and technology infrastructure across Asia Pacific and RoW is propelling the global POL market. In addition, growth in networking technologies across both regions is further bolstering the passive optical LAN (POL) market. Owing to the above mentioned reasons, the Asia Pacific region is expected to continue its dominance, followed by North America and Europe, in the global POL market. The report provides company market share analysis of various industry participants. In addition, the key players in the passive optical LAN market have also been profiled. The company profiles are inclusive of the company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of passive optical LAN.
Browse Press Release of Passive Optical LAN (POL) Market at at http://www.transparencymarketresearch.com/pressrelease/passive-optical-lan-market.htm.
Some of the key market participants profiled in this report include TE Connectivity Ltd., 3M Company, Tellabs Inc., Zhone Technologies Inc., and Huawei Technologies Co. Ltd.
Passive optical LAN market: By geography
Passive optical LAN market: By components
Passive optical LAN market: By application
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