Global Optical Power Meter Market is forecasted to grow at 5.8% with factor such as expanding demand for high bandwidth capacity.
Optical power meter market has shown an exceptional penetration in countries such as China. Increasing focus toward the deployment of 5G network is boosting the growth in developed countries. In developing countries, rising dependence on the fiber network is creating opportunity for the global optical power meter market.
Optical Power Meter Market Scenario
According to Data Bridge Market Research, the market for optical power meter has increasing market growth of 5.8%. Market leader is Newport Corporation (A Subsidiary of MKS Instruments), which accounts an estimated market share of approximately 10% to 20%, globally. The company has gained outstanding sales through their wide range of optical power meters.
- In 2011, Newport Corporation (A Subsidiary of MKS Instruments) acquired Ophir Optronics Ltd. and High Q Laser GmbH to expand infrared optics and photonics instrumentation capabilities. Through this acquisition, the company was able to expand in infrared optics, lens assemblies; laser measurement instrumentation, laser power and energy meters and sensors and sensors and equipment portfolio. This has helped the company to better meet customers' demands and to expand its position in the market.
Trends Impacting the Market
Now the question is which other regions Newport Corporation (A Subsidiary of MKS Instruments), Keysight Technologies, VIAVI Solutions Inc., are targeting? Data Bridge Market Research has estimated moderate growth in North America optical power meter market and the market leaders targeting U.S., Canada, and Mexico to be their next revenue pockets for 2021.
The optical power meter market is becoming more competitive every year with companies such Newport Corporation (A Subsidiary of MKS Instruments), Keysight Technologies, VIAVI Solutions Inc. as they are the market leaders for optical power meter market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the optical power meter market.
For more analysis on the optical power meter market request for a briefing with our analysts https://www.databridgemarketresearch.com/ru/speak-to-analyst/?dbmr=global-optical-power-meter-market
Optical Power Meter Market Development in 2020
- In May, Kingfisher International expanded their capability to calibrate fiber optic power meters in the visible and UV-A spectrum. Through this, the company accurately calibrated semiconductor optical power meters from 350 to 1650 nm, at 5 nm intervals. This has helped the company to better meet customers need.
Scope of the Optical Power Meter Market
Global optical power meter market is segmented on the basis of countries into the U.S., Canada and Mexico, Germany, France, Russia, U.K., Italy, Spain, Netherlands, Belgium, Switzerland, Turkey, and Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East and Africa.
- On the basis of type, the market is segmented into thermal detectors and photodetectors. On the basis of type, the optical power meter market is segmented into thermal detectors and photodetectors. On the basis of instrument/product type, the optical power meter market has been segmented into benchtop meters, portable meters, virtual meters, optical wavelength, hand-held meter and others. On the basis of detector type, the optical power meter market has been segmented into INGAAS (indium gallium arsenide), germanium, silicon and others. On the basis of power range, the optical power meter market has been segmented into high range, medium range and low range. On the basis of wavelength, the optical power meter market has been segmented into 850nm to 1650nm and 400nm to 1100nm. On the basis of light source, the optical power meter market has been segmented into laser, LED and LCD. On the basis of application, the optical power meter market has been segmented into installation & maintenance, testing, manufacturing, research & development and others. On the basis of end user, the optical power meter market has been segmented into telecommunication industry, electrical & electronics industry, automotive & industrial industry, military and aerospace industry, energy & utilities industry and others.
To know more about the study https://www.databridgemarketresearch.com/ru/reports/global-optical-power-meter-market
Key Pointers Covered in Optical Power Meter Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- Thorlabs, Inc.
- Kingfisher International
- GAO Tek & GAO Group Inc.
- VIAVI Solutions Inc.
- Fluke Corporation
- EXFO Inc.
- OptoTest Corporation
- AFL.
- Newport Corporation (A Subsidiary of MKS Instruments)
- Stanlay
- Keysight Technologies
- Anritsu
- Tech Optics Ltd.
- JOINWIT.
- Artifex Engineering GmbH & Co KG.
- M2 Optics Inc.
- HIOKI E.E. CORPORATION
- Edmund Optics Inc.
- intec Gesellschaft für Informationstechnik mbH
- Yokogawa Test & Measurement Corporation
Above are the key players covered in the report, to know about more and exhaustive list of optical power meter companies’, contact us: https://www.databridgemarketresearch.com/ru/toc/?dbmr=global-optical-power-meter-market
Research Methodology: Global Optical Power Meter Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Managers, Directors, Government, Telecom Companies, Consultants
- Supply Side: Service Providers, Product Managers, Product Designer, Marketing Managers, C-Level Executives, Market Intelligence, and Regulatory Affairs Managers among others.
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