Optical Waveguide Market

Optical Waveguide Market – Global Industry
Analysis, Size, Share, Growth, Trends, and
Forecast 2017 – 2027
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.
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Optical Waveguide Market: Drivers and Restraints
Optical waveguide market is witnessing maximum growth owing to
expanding in the adoption of electronic devices, data traffic coupled
with a handling of the significant amount of data generation by the
data center, and cloud computing with high speed. Moreover, rising
internet connectivity, demand for bandwidth, and low power
consumption are some of the factors that can boost the demand for
optical waveguide over the forecast period. However, high installation
cost optical waveguide for data communication areas such as data
centers, and slow introduction of various optical waveguide related
technologies may hamper the growth of optical waveguide market in
near future.
Optical Waveguide Market: Segmentation
The optical waveguide market has been classified on the basis of
waveguide type, material type, fabrication process, optical
interconnection, and application.
Based on waveguide type, the optical waveguide market is segmented
into the following:
Planar Waveguide
Channel Waveguide
Based on the material type, the optical waveguide market is segmented
into the following:
Semiconductor Waveguides
Electro-optic Waveguides
Glass Waveguides
Silicon Waveguides
Polymers Waveguides
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Based on the fabrication process, the optical waveguide market is
segmented into the following:
Microreplication Method
Lithography Method
Photo-address Method
Based on optical interconnection, the optical waveguide market is
segmented into the following:
Chip to Chip Optical Interconnection
Board to board Optical interconnection
On-chip Optical Interconnection
Optical Back Plane
Inter Board
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Optical Waveguide Market: Overview
Optical waveguide market revenue is expected to grow at a rapid
growth rate, over the forecast period. The market is anticipated to
perform well in the near future owing to its use in various applications
such as photonic integrated circuits, digital processor chips, circuit
boards, and optical fibers are some of the factors that can accelerate
the market revenue growth of optical waveguide during the forecast
period. Based on the material type, polymer segment is anticipated to
grow at the fastest CAGR over the forecast period attributed to its high
channel density, easily processed owing to low-temperature
processing, and easily fabricated with imprint & photolithography.