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Optical Switches Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global optical switches market reached a value of US$ 5.61 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 11.43 Billion by 2027, exhibiting a growth rate (CAGR) of 12.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Optical switches enable signals in optical fibers or integrated optical circuits (IOCs) to switch selectively from one circuit to another. They operate via electro- or magneto-optic effects or through mechanical methods like physically shifting an optical fiber for driving one or more alternative fibers. They can transmit light signals between different channels in communication networks. At present, optical switches are employed in the retail, manufacturing, defense, telecommunications, and banking, financial services and insurance (BFSI) industries worldwide.

 

 
 

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Optical Switches Market Trends:

The increasing automation in different industry verticals represents one of the key factors driving the market. Moreover, optical switches are used in high-speed networks, wherein large switches are required for handling enormous traffic. They also find extensive applications in external modulators, network monitors, optical cross-connects (OXCs), optical add-drop multiplexers (OADM), and fiber optic component testing. Besides this, they are utilized in fiber communication systems for restoration, wavelength routing, and fiber management. In addition, when a fiber fails, optical switches allow signals to be rerouted to another fiber before the problem occurs, and consequently, they are utilized for switching protection. This, along with rising technological advancements, is impelling the growth of the market. Apart from this, optical switches include slow optical switches, which are used for alternate routing of an optical transmission path, such as routing around a fault. They also comprise fast optical switches that further find application in performing logic operations. Additionally, rapid improvements in hardware for reconfigurable optical networks have resulted in the development of more scalable optical switches with faster response times. This, coupled with the rising focus on digital transformation around the world, is positively influencing the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global optical switches market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, enterprise size, application and industry vertical.

Breakup by Type:

 

 
 

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  • Electro-Optic Switching
  • Acousto-Optic Switching
  • Thermo-Optic Switching
  • Liquid Crystal-Based Switching
  • Mems-Based Switching
  • Others
     

Breakup by Enterprise Size:

  • Small and Medium-sized Enterprise
  • Large Enterprises
     

Breakup by Application:

  • Circuit Switching
  • Testing
  • Multiplexing
  • Cross-Connects
  • Signal Monitoring
     

Breakup by Industry Vertical:

  • Government and Defense
  • IT and Telecom
  • BFSI
  • Retail
  • Manufacturing
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Agiltron Inc., D-Link Corporation, EMCORE Corporation, Fujitsu Limited, Furukawa Electric Co. Ltd., Huawei Technologies Co. Ltd., Juniper Networks Inc., Keysight Technologies Inc., Nokia Corporation, NTT Advanced Technology Corporation (The Nippon Telegraph and Telephone Corporation), OMRON Corporation and Yokogawa Electric Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Enterprise Size, Application, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Agiltron Inc., D-Link Corporation, EMCORE Corporation, Fujitsu Limited, Furukawa Electric Co. Ltd., Huawei Technologies Co. Ltd., Juniper Networks Inc., Keysight Technologies Inc., Nokia Corporation, NTT Advanced Technology Corporation (The Nippon Telegraph and Telephone Corporation), OMRON Corporation and Yokogawa Electric Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Optical Switches Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Electro-Optic Switching
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Acousto-Optic Switching
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Thermo-Optic Switching
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Liquid Crystal-Based Switching
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Mems-Based Switching
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7    Market Breakup by Enterprise Size 
    7.1    Small and Medium-sized Enterprise
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Large Enterprises
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Application
    8.1    Circuit Switching
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Testing
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Multiplexing
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Cross-Connects
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Signal Monitoring
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Industry Vertical
    9.1    Government and Defense
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    IT and Telecom
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    BFSI
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Retail
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Manufacturing
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Others
        9.6.1 Market Trends
        9.6.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Agiltron Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    D-Link Corporation
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    EMCORE Corporation
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Fujitsu Limited
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Furukawa Electric Co. Ltd.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Huawei Technologies Co. Ltd.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Juniper Networks Inc.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    Keysight Technologies Inc.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Nokia Corporation
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    NTT Advanced Technology Corporation (The Nippon Telegraph and Telephone Corporation)
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    OMRON Corporation 
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
        15.3.12    Yokogawa Electric Corporation
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Optical Switches Market: Major Drivers and Challenges
Figure 2: Global: Optical Switches Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Optical Switches Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Optical Switches Market: Breakup by Type (in %), 2021
Figure 5: Global: Optical Switches Market: Breakup by Enterprise Size (in %), 2021
Figure 6: Global: Optical Switches Market: Breakup by Application (in %), 2021
Figure 7: Global: Optical Switches Market: Breakup by Industry Vertical (in %), 2021
Figure 8: Global: Optical Switches Market: Breakup by Region (in %), 2021
Figure 9: Global: Optical Switches (Electro-Optic Switching) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Optical Switches (Electro-Optic Switching) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Optical Switches (Acousto-Optic Switching) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Optical Switches (Acousto-Optic Switching) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Optical Switches (Thermo-Optic Switching) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Optical Switches (Thermo-Optic Switching) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Optical Switches (Liquid Crystal-Based Switching) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Optical Switches (Liquid Crystal-Based Switching) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Optical Switches (Mems-Based Switching) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Optical Switches (Mems-Based Switching) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Optical Switches (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Optical Switches (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Optical Switches (Small and Medium-sized Enterprise) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Optical Switches (Small and Medium-sized Enterprise) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Optical Switches (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Optical Switches (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Optical Switches (Circuit Switching) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Optical Switches (Circuit Switching) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Optical Switches (Testing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Optical Switches (Testing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Optical Switches (Multiplexing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Optical Switches (Multiplexing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Optical Switches (Cross-Connects) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Optical Switches (Cross-Connects) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Optical Switches (Signal Monitoring) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Optical Switches (Signal Monitoring) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Optical Switches (Government and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Optical Switches (Government and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Optical Switches (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Optical Switches (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Optical Switches (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Optical Switches (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Optical Switches (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Optical Switches (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Optical Switches (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Optical Switches (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Global: Optical Switches (Other Industry Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Global: Optical Switches (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: North America: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: North America: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United States: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United States: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Canada: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Canada: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Asia-Pacific: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Asia-Pacific: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: China: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: China: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Japan: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Japan: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: India: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: India: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: South Korea: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: South Korea: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Australia: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Australia: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Indonesia: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Indonesia: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Europe: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Europe: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Germany: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Germany: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: France: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: France: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: United Kingdom: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: United Kingdom: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Italy: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Italy: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Spain: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Spain: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Russia: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Russia: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Latin America: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Latin America: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Brazil: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Brazil: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Mexico: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Mexico: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Others: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Others: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Middle East and Africa: Optical Switches Market: Sales Value (in Million US$), 2016 & 2021
Figure 94: Middle East and Africa: Optical Switches Market: Breakup by Country (in %), 2021
Figure 95: Middle East and Africa: Optical Switches Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 96: Global: Optical Switches Industry: SWOT Analysis
Figure 97: Global: Optical Switches Industry: Value Chain Analysis
Figure 98: Global: Optical Switches Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Optical Switches Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Optical Switches Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Optical Switches Market Forecast: Breakup by Enterprise Size (in Million US$), 2022-2027
Table 4: Global: Optical Switches Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Optical Switches Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 6: Global: Optical Switches Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Optical Switches Market: Competitive Structure
Table 8: Global: Optical Switches Market: Key Players


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Key Questions Answered in This Report

The global optical switches market was valued at US$ 5.61 Billion in 2021.

We expect the global optical switches market to exhibit a CAGR of 12.20% during 2022-2027.

The emerging automation trend across several sectors, such as retail, manufacturing, BFSI, etc.,
along with the growing adoption of optical switches in high-speed networks, is primarily driving the
global optical switches market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary closure of numerous
manufacturing units for optical switches.

Based on the type, the global optical switches market has been segmented into electro-optic
switching, acousto-optic switching, thermo-optic switching, liquid crystal-based switching, mems-
based switching, and others. Among these, electro-optic switching represents the largest market
share.

Based on the application, the global optical switches market can be bifurcated into circuit switching,
testing, multiplexing, cross-connects, and signal monitoring. Currently, circuit switching accounts for
the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where Asia-Pacific currently dominates the global market.

Some of the major players in the global optical switches market include Agiltron Inc., D-Link
Corporation, EMCORE Corporation, Fujitsu Limited, Furukawa Electric Co. Ltd., Huawei Technologies
Co. Ltd., Juniper Networks Inc., Keysight Technologies Inc., Nokia Corporation, NTT Advanced
Technology Corporation (The Nippon Telegraph and Telephone Corporation), OMRON Corporation,
and Yokogawa Electric Corporation.

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