RF-over-Fiber Market Scope, Size, Share, Trends, Forecast, Analysis by 2023
RF-over-Fiber Market by Component & Application - Global Forecast 2023 | MarketsandMarkets
United States, 11 January 2019
-- [140 Pages Report] RF-over-Fiber Market categorizes global market by Component, Frequency Band (L, S, C, X, Ku, and Ka), Application (Telecommunications, Radar, Navigation, Broadcast, and Broadband), Vertical (Civil and Military), and Geography.
The RF over fiber market is expected to grow from USD 336.3 million in 2018 and reach USD 566.1 million by 2023, at a CAGR of 10.97% between 2018 and 2023. The growth of this market is propelled by the rise of 4G, LTE advanced, and other new standards, along with the increased spectrum efficiency.
The market, considered in this report has been classified on the basis of frequency bands, namely, L, S, C, X, Ku, and Ka. The L band is expected to be the largest market based on frequency band by 2023, which has been the most commonly deployed frequency band across the world. L-band RF over fiber solutions find their applications in low earth orbit satellites, military satellites, and terrestrial wireless communications such as GSM mobile phones.
RF over fiber products can be used in applications such as telecommunications, broadband, broadcast, radar, and navigation. The report provides a description of each of these application areas of RFoF. Telecommunications is expected to account for the largest share of the microwave transmission equipment market between 2018 and 2023. The emergence of Industrial Internet of Things (IIoT) and machine-to-machine (M2M) communication solutions is also expected to boost the growth of the RF over fiber market for telecommunications applications during the forecast period.
The RF over fiber market for the civil vertical is expected to grow at the highest rate between 2018 and 2023. The civil vertical is driven by the expansion of LANs and data centers as electronic data transmission has become an essential requirement at workplaces. The rising investments in building new data centers and upgrading them; increasing use of big data analytics and IoT technology; and growing need for data center collocation and managed services are the factors driving the growth of the RFoF market for the civil vertical.
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A few major companies operating in the RF over fiber market are Finisar (US), HUBER+SUHNER (Switzerland), Emcore (US), Gooch & Housego (UK), Seikoh Giken (Japan), Apic Corporation (US), DEV Systemtechnik (Germany), Foxcom (Jerusalem), Glenair (US), Optical Zonu (US), and Vialite Communication (UK). These companies have developed innovative products that can be served in the RF over fiber market.
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Submitted by stevestark002 on Friday, 11 January 2019 at 7:05 PM
Category: Consumer Technology
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