Optical Amplifier Market Future Trends, Prominent Players, Covid 19 Impact and Forecast by 2030

A number of factors such as the soaring infrastructural investments, rising technological advancements in wireless sensor, mounting number of data centers, burgeoning demand for data transmission without data losses for longer distances, and surging number of smart cities and smart homes will act as a growth driver for the optical amplifier market. An optical amplifier refers to a device that directly amplifies an optical signal and generates an output signal with elevated optical power without converting it to an electrical signal. 

This device has completely transformed networking and communication systems. Categories under the type segment of the optical amplifier market are Raman amplifier, earth doped fiber amplifier (EDFA), and semiconductor optical amplifier. In 2019, the EDFA category generated the highest revenue in the market, as this amplifier is an important component in long-range optical fiber communication. Due to the large gain bandwidth of EDFA, it is utilized in data channels with high data rate. 

As compared to the other amplifiers, EDFA is more reliable and has a longer lifetime. The end user segment of the optical amplifier market is classified into aerospace, industrial, healthcare, telecommunication, data center, military and defense, and others. Among these, the telecommunication category is expected to account for the largest market share, primarily on account of the rising use of optoelectronic devices, such as optical amplifiers, and optical fiber for communication medium. 

Whereas, the data center category will hold the second position in the market in the coming years, due to the surging need for multiple devices, servers, and devices, using optical amplifiers, in data centers. According to P&S Intelligence, Asia-Pacific (APAC) is expected to account for the largest share in the optical amplifier market in the coming years. This can be attributed to the increasing penetration of smartphones and expanding broadband user base in the region. 

For instance, according to the India Cellular & Electronics Association (ICEA), the number of smartphone users in India will rise from 500 million in 2019 to 829 million by 2022. ICEA also states that the average monthly data consumption of an individual will reach 18 GB by 2024.