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Electro-absorption Modulator Estimated to be Driven by Innovation and Industrialization 2020 – 2027
Posted: Jun 08, 2020
An electro-ingestion modulator (EAM) is a semiconductor device which can be utilized for regulating the power of a laser beam by using electric voltage. Electro- absorption modulator (EAM) operation is based upon the Franz-Keldvsh effect which states that when an electric field is applied to a semiconductor, the optical absorption changes proportionally.
Furthermore, to form a data transmitter in the photonic circuit, electro-absorption modulator can be integrated with distributed feedback laser diode on a single chip. Due to higher bandwidth compared to direct modulation, electro-absorption modulator can reduce amount of chirps.
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Factors driving growth of the global electro-absorption modulator market:
Due to the transmission capacity of several gigahertz, absorptions modulator can be used for optical fiber communication. Increasing demand for optical fiber communication in the telecommunication industry is expected to drive growth of the global electro absorptive modulator market over the forecast period 2019-2027. According to Coherent Market Insights’ analysis, the global fiber optics market was valued for US$ 4.63 Bn in 2018 and it is expected to reach US$ 8.56 Bn by 2027. Thus, increasing demand for fiber optic for data transmission in the telecommunication industry is expected to drive the global electro-absorptive modulator market in the forecast period 2019-2027.
Moreover, electro-absorption modulator can be combined with distributed feedback laser diode on single chip to use as data transmitter in the form of a photonic integrated circuit. Increasing demand for photonic integrated circuits is expected to drive the global electro absorptive modulator market growth in the forecast period. According to Coherent Market Insights’ analysis, global photonic Integrated Circuit (IC) market was valued US$ 372.32 million in 2016 and is expected to reach US$ 2497.23 million by 2023 exhibiting a CAGR of 32.2% from 2016 to 2023.
Key Players in the Global Electro-Absorption Modulator Market:
Key players operating in the market include Electro Optical Components, Inc., Mitsubishi Electric Corporation, Lumerical Inc., MACOM Technology Solutions, Horiba, Ltd., Cisco Systems, Inc., G.T. Microwave, Inc., HOLOEYE Photonics AG, Mellanox Technologies Ltd., DAS Photonics, MACOM Technology Solutions, Horiba, Ltd., and Electro Optical Components, Inc. among others.
Global Electro-absorption Modulator Market: Taxonomy
On the basis of product type, the global electro-absorption modulator market is segmented into:
- Passive Components
- Active Components
On the basis of application, the global electro-absorption modulator market is segmented into:
- Consumer Electronics
- Telecommunication
- Data Communication
- Commercial
- Medical and Life Science
- Defense
On the basis of region, the global electro-absorption modulator market is segmented into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
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