Market Share of Fiber Optic Component Industry
The Fiber Optic Component Market is fragmented, and the major players have adopted several strategies such as expansions, agreements, new product launches, joint ventures, partnerships, and acquisitions, among others, to enhance their footprints in this market to maintain in the long run. Players operating in the fiber optic components market are Lumentum Operations LLC, II-VI Incorporated, Broadcom Corporation, Sumitomo Electric Industries, Ltd., and Accelink Technologies Corporation, among others.
- April 2020 - Sumitomo Electric Industries, Ltd. announced that it has acquired Thunderbolt 3 certification for its new active optical cables (AOCs) from Intel Corporation, the company that established the Thunderbolt 3 standard. Sumitomo Electric developed 40 Gbps Thunderbolt 3 AOCs for high-speed transmission to meet the needs for long-distance transmission.
- Feb 2020 - Infinera and Lumentum Holdings Inc. (Lumentum), announced a collaboration to bring to market XR optics-based networking solutions. Featuring the industry's first point-to-multipoint coherent optical aggregation technology, XR optics is designed to disrupt optical networking economics by enabling new transport architectures.
Fiber Optic Component Market Leaders
Lumentum Operations LLC
II-VI Incorporated
Broadcom Corporation
Sumitomo Electric Industries, Ltd.
Accelink Technologies Corporation
*Disclaimer: Major Players sorted in no particular order
