Optical Waveguide Market – Snapshot
An optical waveguide refers to a physical form that helps in the guidance of electromagnetic waves in the optical spectrum . Some of the common forms of optical waveguides comprise products like optical fiber, transparent dielectric waveguides that are made of glass and plastic. The global optical waveguide market is expected to be influenced by phenomenal rise in the use of electronic devices.
Optical waveguides comprise significant elements in photonic devices that do the task of de-multiplexing and multiplexing of optical signals, splitting, switching, coupling, and guiding optical signals. By making use of planar technology, driving electronics, receivers, transmitters, electrooptic components, and passive wavelengths are integrated onto one chip. It is similar to microelectronics.
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On the basis of waveguide type, the global optical waveguide market is categorized into
- channel waveguide
- planar waveguide
Optical waveguide comes with many promising features such as biocompatility, resistance to electromagnetic noise, ability of distributed sensing, and high bandwidth. All these features are likely to foster growth of the global optical waveguide market in the years to come.
The global optical waveguide market is primarily driven by the rapid rise in the use of electronic devices together with augmented rate of data traffic and huge amount of data flow. The increasingly high use of internet together with demand for low power consumption is likely to generate demand for the product in near future. In addition, emergence and increasing popularity of techniques of high-speed cloud computing is likely to come up as a significant growth inducing factor for the global optical waveguide market in years to come.
Optical interconnect is a mode of communication through optical cables. It is used to transform the signals from electrical to optical with less frequency dependent loss and high bandwidth. Optical interconnect can be categories into two main types namely optical fiber, and the optical waveguide. The optical waveguide is an element that interconnects various devices of optical integrated circuits. However, the optical wave travels in the waveguide in different optical modes that help in solving the data traffic congestion with low power consumption. The optical waveguide can also aid in handling the significant amount of data generation from data center along with cloud computing with high bandwidth. The optical waveguide has unique features such as biocompatible, enables distributed sensing, high bandwidth, resistant to electromagnetic noise such as motors, radios, and operates at high speed.
Optical Waveguide Market: Key Players
Some players of optical waveguide market are Sumitomo Bakelite Co. Ltd., Waveguide Optical Technologies, DigiLens, Inc., Himachal Futuristic Communications Ltd., Corning Incorporated, LEONI Fiber Optics, Inc., Prysmian SpA, Yangtze Optical Fiber and Cable Co. Ltd., Sterlite Technologies Limited, Fujikura Limited, and others.
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