Global Electro-Optic Modulators (EOM) Market Growth 2019-2024

Light propagates at varying speeds dependent on a given material’s index of refraction. More specifically, it appears to slow down when it moves from an index of lower refraction like air into a medium with a higher refractive index. If we could somehow modify the the refractive index, we could thus control the propagation of light through a medium. One such phenomenon is the electro-optic effect that allows modifying the refractive index of a medium by subjecting it to an electric field. Electro-optic modulators exploit this effect by sending an electric signal through a medium (typically a crystal) to shift the refractive index and therefore change properties of an incoming light beam.
The key players are Conoptics, QUBIG GmbH, iXBlue, Thorlabs, Newport, A.P.E, AdvR, Fastpulse Technology, EOSPACE.

USA is the dominate producer of Electro-Optic Modulators (EOM) in Global, the production was 50153 Units in 2017, accounting for about 67.67% of the total amount, followed by Europe, with the production market share of 15.15%. And China expected to remain the regions with the largest growth potential in the forecast period.

Phase Modulators accounted for the largest market with about 61.49% of the Global consumption volume for Electro-Optic Modulators (EOM) in 2017. Moreover, it is anticipated to grow at a CAGR of 13.66% from 2017 to 2022. With over 51.71% share in the Electro-Optic Modulators (EOM) market, Fiber Optics Sensors was the largest application market in 2017, and is anticipated to grow at a CAGR of 14.12%, in terms of consumption volume, from 2017 to 2022.

The average price of Electro-Optic Modulators (EOM) was gently lower year by year from 3283 USD/Unit in 2012 to 3065 USD/Unit in 2017. The gross margin is relatively high, about 36.74% in 2017, and was also decrease in recent years. In the next few years, we predict that price will continue to slowly decrease. As competition intensifies, prices gap between different brands will go narrowing.


According to this study, over the next five years the Electro-Optic Modulators (EOM) market will register a 11.0% CAGR in terms of revenue, the global market size will reach US$ 420 million by 2024, from US$ 230 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electro-Optic Modulators (EOM) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Electro-Optic Modulators (EOM) market by product type, application, key manufacturers and key regions and countries.

This study considers the Electro-Optic Modulators (EOM) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Polarization Modulators
Amplitude Modulators
Phase Modulators
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Fiber Optics Sensors
Instrument and Industrial Systems
Optical Telecommunications
Space and Defense Applications
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Conoptics
QUBIG GmbH
iXBlue
Thorlabs
Newport
A.P.E
AdvR
Fastpulse Technology
EOSPACE

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Electro-Optic Modulators (EOM) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Electro-Optic Modulators (EOM) market by identifying its various subsegments.
Focuses on the key global Electro-Optic Modulators (EOM) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electro-Optic Modulators (EOM) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electro-Optic Modulators (EOM) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.