According to a research report "Fiber Optics Collimating Lens Market by Type (Fixed and Adjustable), Wavelength, Mode (Single Mode, Multimode), Application (Communication, Medical & Diagnostics, Metrology, Spectroscopy and Microscopy), and Geography - Global Forecast to 2026", published by MarketsandMarkets™, the global Fiber-Optic Collimating Lens Market size is projected to grow from USD 554 million in 2021 to USD 1,081 million by 2026; it is expected to grow at a CAGR of 13.3% from 2021 to 2026.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=96574483The demand for 5G networks and their applications, such as cloud-based networking, gaming, video streaming, etc., is increasing in the telecom and networking industries.
The increased demand for high-speed internet with proper connectivity can be assured by fiber optics and its components, such as collimating lenses.
Digital transformation is influencing almost every industry, with volumes of data growing rapidly.
Intelligent networking of machines and sensors requires data to be transmitted for analysis and control purposes within a specific radius, which can be fulfilled by a 5G-enabled network.According to Ookla, LLC (US), the number of 5G deployments and 5G operators worldwide reached 18,731 and 157, respectively, in 2020.
As per MarketsandMarkets™, there would be 250 million 5G subscriptions by the end of 2021 and 2.9 billion by 2026.
Asian countries, particularly China and India, are expected to offer significant growth opportunities to the manufacturers of fiber-optic collimating lenses in the coming years.AMS Technologies AG, IPG Photonics Corporation, Coherent, Fabrinet, Thorlabs Inc, Daheng New Epoch Technology, Inc (CDHC), Edmund Optics, FS.Com, and Gooch & Housego are the major players in this market.
According to a research report "Fiber Optics Collimating Lens Market by Type (Fixed and Adjustable), Wavelength, Mode (Single Mode, Multimode), Application (Communication, Medical & Diagnostics, Metrology, Spectroscopy and Microscopy), and Geography - Global Forecast to 2026", published by MarketsandMarkets™, the global Fiber-Optic Collimating Lens Market size is projected to grow from USD 554 million in 2021 to USD 1,081 million by 2026; it is expected to grow at a CAGR of 13.3% from 2021 to 2026.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=96574483The demand for 5G networks and their applications, such as cloud-based networking, gaming, video streaming, etc., is increasing in the telecom and networking industries.
The increased demand for high-speed internet with proper connectivity can be assured by fiber optics and its components, such as collimating lenses.
Digital transformation is influencing almost every industry, with volumes of data growing rapidly.
Intelligent networking of machines and sensors requires data to be transmitted for analysis and control purposes within a specific radius, which can be fulfilled by a 5G-enabled network.According to Ookla, LLC (US), the number of 5G deployments and 5G operators worldwide reached 18,731 and 157, respectively, in 2020.
As per MarketsandMarkets™, there would be 250 million 5G subscriptions by the end of 2021 and 2.9 billion by 2026.
Asian countries, particularly China and India, are expected to offer significant growth opportunities to the manufacturers of fiber-optic collimating lenses in the coming years.AMS Technologies AG, IPG Photonics Corporation, Coherent, Fabrinet, Thorlabs Inc, Daheng New Epoch Technology, Inc (CDHC), Edmund Optics, FS.Com, and Gooch & Housego are the major players in this market.