The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the global RF-over-Fiber market. In addition, complete analysis of changes on the global RF-over-Fiber market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. COVID-19 pandemic has impacted emerging technologies and services in the telecommunication sector, such as 5G technology. According to GSMA, in the initial phase of 2020, 5G network was commercially available via 40 mobile operators in 24 nations across the globe. Pioneering economies included South Korea, United States, China, Switzerland, and Kuwait. It was anticipated that by the end of 2020, 5G network connections would reach over 165 million
The key factor driving the market growth are Growing Telecommunication Industry. Telecommunication is the largest end-use industry of RF over fiber market, as RF over fiber is the major medium for data transmission from one point to another. The sector is improving rapidly owing to the growing use of mobile devices and related bandwidth connectivity. Positive market trends in big data management and broadband services are impelling the telecommunication industry. The number of connected devices is growing continuously, with the expansion of device connectivity and utilization. The growth of telecommunication industry is rapidly increasing in developing economies of the world. For instance, India is the second-largest telecommunications market in the world. According to IBEF, in September 2021, the total subscriber base stood at 1189.15 million.
The global RF-over-Fiber market is expected to witness increasing new growth opportunities for market with growing collaborations of RF-over-Fiber based product manufacturer with retailers to increase the visibility and awareness has specifically accelerated the demand for the global market across the globe. Increased military spending on advanced communication systems is expected to create market opportunities for the companies operating in the market to gain a strong market position.
The major restraining factor for the global RF-over-Fiber market is high installation cost of RF over fiber products. Initial installation cost of the RF over fiber products as well as services is the major restraining factor of the market. The installation cost of RF over fiber products for applications such as broadcasting, FTTx, distributed antenna systems (DAS), and radar depends on several factors such as distance, the frequency range, and communications. The installation cost of RF over fiber differs with the frequency range whether it is HF, VHF, UHF or Public Safety frequencies of 700–800 MHz. If it comprises all of the above, it is going to be extremely costly than just one of those frequency bands. This is ultimately hampering the growth of the RF over fiber market. Besides, high cost associated with the RF over fiber components such as optical amplifier, optical transmitters and receivers as well as fiber optic cables is also hindering the market growth.This factors are expected to restrain the market growth over the forecast period (2021-2028).
The major growth challenge for the market are Broken fibers because of physical stress or excessive bending, Insufficient transmitting power., Excessive signal loss due to a cable span that's too long, Excessive signal loss due to a contaminated connector an Excessive signal loss due to faulty splices or connectors.
The report provides in-depth analysis of global RF-over-Fiber market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With increasing demand for various RF-over-Fiber in various applications has led the increasing demand for market and is expected to witness the growth at a specific CAGR from 2021-2028.
The global RF-over-Fiber market comprises of different market segment like components, application, frequency and geography.
The components studied in the global RF-over-Fiber market are optical transmitter, fiber optic cable, optical receiver, optical amplifiers, others. The major components used in RF over fibre market includes optical transmitter fibre optic cable optical receiver and optical amplifiers. Optical transmitter is an essential part of RF-Over-Fibre market, optical transmitter receives electrical signal and then process them into optical signal which can further be transmitted easily via an optical transmission medium. Likewise, fibre optic cables are similar to electric cable just that they are made up of thin stand of pure glass which acts like waveguide for the light and it works on principle of internal refraction. Fibre optic cable can carry around 10Gbps, 40Gbps and 100Gbps of data which is comparatively higher than copper cables with the same thickness. Hence, the ability to carry enormous data has led to telecommunications companies shift to fibre optic cables. The rising demand for high-speed internet services has created a huge demand for fibre optic cables across the world especially in developing countries like India and China. Furthermore, optical receivers are also essential components. For+ optical communication the major role of optical receiver is detecting the incoming optical power and then extract the signal, optical receiver translates the light source in optical fibre into electrical signals as the information is converted into electric format it can easily be readable by electronic devices.In telecom sector the growth of 3G and 4G has enabled high speed data transfer and as the copper wire are replaced with fibre optic this has created enormous demand for optical receiver around the world.
By Application, the global RF-over-Fiber market is segmented into Telecommunications, Broadcast, Radar, Broadband Communication and Navigation. RFoF fibre are majorly used in telecommunications industry as countries around the world are experiencing rising demand for high-speed internet due to the growth of smartphones and IoT the demand escalated drastically. For instance, during the pandemic as most of the offices were closed and companies adopted WFH model, it further boosted the demand for internet in the market. Verizon experienced web traffic increased by 30% in 2020. Likewise, telecom industry is transforming rapidly technologically and the growth of 5G sector is expected to play a crucial role in creating demand for RFoF over fibre across the world in coming years. Similarly, broadcasting of audio video content to mass audience such as TV broadcasting requires high quality of audio and video. Earlier used coax cable for broadcasting are impractical options and RFoF fibre have become an ideal choice currently companies are adopting to RFoF fibres for broadcasting in which distance is more than 300ft additionally a single RF fibre cable can be used for multiple cameras and devices has made it an ideal option and companies are shifting their focus towards RFoF.
The global RF-over-Fiber by Frequency Band is classified into HF Band, VHF Band, UHF Band, L Band, S Band, C Band, X Band, Ku Band, K Band and Others. HF band operates in the frequency of 3-30 MHz High frequency bands are most popular around the world for military and government communications, global maritime and radar communication. The ability of HF wave to reach intercontinental distance and requirement of less costly equipment compared to other frequency modes is driving the demand for HF frequency bands. Likewise, VHF or very high frequency band lies between 30-300 megahertz and is majorly used for FM broadcasting, television and local mobile radio transmission, they are used for short distances of few hundred miles the ability of VHF waves to not be hindered by presence of building in the way and reach indoor has enabled it to be used for FM broadcasting. UHF or ultra-high frequency band have a frequency of 3000-300 MHz and are used for TV broadcasting the ability of UHF beam to be concentrated into narrow beam has enabled it to be used in aircraft and ship navigation system as well as radio communications. UHF band being important in modern day life has vast applications and is in demand for use in walkie talkie, WIFI, mobile phones and GPS systems. The easy implementation and low-cost equipment needed for L band has enabled it to be used in applications such as radars, GPS and radio, telecommunications and aircraft surveillance system. Likewise, S band are vital for shipping and aviation industry around the world due to its ability to transfer data at high accuracy and shorter wavelength. C band are mostly used in areas where their signal can become degraded due to heavy rain on any other intense climate activity. X band requires less amplification compared to other band and therefore is majorly used in applications such as air traffic control maritime vessel traffic control, defence tracking and vehicle speed detection for law enforcement.
The global RF-over-Fiber market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW). APAC accounted for the largest share of the global RF over fiber market. The demand for RFoF products in this region is largely driven by the increased demand for higher bandwidth data services from a large number of smartphone users in this region, particularly in China and India. These 2 countries are among the largest adopters of smartphones, and the consumption of mobile data is also significantly high in India and China. The increasing government projects and infrastructure developments for the expansion of networks such as FTTH, FTTC, and FTTB will also drive the demand for RFoF products in Asia Pacific. The increasing expenditure on smart devices and the growing use of internet applications, such as video streaming, data transfer, IoT, and OTT content, have led to the growth of the RF over Fiber Market in APAC.
The competitive landscape analysis of RF-over-Fiber market is certainly based range of market players operating in the telecommunication industry market with increasing demand for production of RF-over-Fiber. Besides, number of market players offered wide range of products for different application in various geographic locations. The market has major competitive analysis based on new product launches as well as other developments.
The key players studied in market are Finisar, Huber + Suhner ,Broadcom,Emcore ,Gooch & Housego, Seikoh Giken , Dev Systemtechnik, Foxcom , Glenair , Optical Zonu, Vialite Communication, RF Optic , Syntonics LLC , Octane Wireless ,Apic Corporation , Microwave Photonic Systems among others.
April 2021: Map Systems Ltd. Is a technology startup based in Cambridge, UK, as part of asset trading, HUBER + SUHNER announced the acquisition of it. The company is developing next-generation highly integrated wavelength selection switch technology that will be integrated into the communications segment..
March 2020: Emcore Corporation Emcore Corporation announced the introduction of Optiva Q/VBand fiber optic links for 50 MHz to 60 GHz applications and Optiva NextGen Extended LBand fiber optic links with bandwidths up to 6 GHz. These new transmitter and receiver modules for the Optiva platform are ideal for antenna telemetry, inter-facility links, electronic warfare systems, broadband delay lines, systems signal processing systems and other high dynamic range applications.
March 2021: DEV Systemtechnik DEV Systemtechnik GmbH and OPTIMAL CONNECTIVITY LLC enter into a partnership agreement to support customers in the MENA markets. DEV Systemtechnik has completed the product portfolio optimize connection with fiber optic RF transmission systems, rf signal mix and distribution systems as well as matrix and switching systems. Combined with optimal connectivity's extensive RF and fiber optic product portfolio, customers benefit from unrivaled service that includes design, implementation, and testing and solution services for a wide range of RF applications.
August 2021: Emcore Corporation EMCORE Corporation announced that the equipment sales and manufacturing contract with Hytera has been terminated by mutual agreement of both parties, and EMCORE has entered into additional contracts with Shenzhen Fastrain Technology Co., Ltd. and Hong Kong Fastrain Company Limited (collectively "Fastrain"), the terms of the new manufacturing agreement with Fastrain.
RF over fiber (RFoF) is the technology of converting a radio wave or radio frequency into light by modulating the intensity of the light source, normally a laser with RF signal. This is an analogue transmission method and no digitization is used. The light signal is then transmitted over a fiber optic cable, which exchanges and exceeds the abilities of traditional copper coax cable. RF over fiber transmission process that delivers high bandwidth, low-loss communication links to transport RF energy at optical wavelengths/frequencies. The growth of the RF over fiber market relies heavily on increasing adoption of RF over fiber in defense applications in key markets with more advanced defense implementations. The market is divided into By Components (Optical Transmitter, Fiber Optic Cable, Optical Receiver, Optical Amplifiers, Others), Application (Telecommunications, Broadcast, Radar, Broadband Communication, Navigation), Frequency Band( HF Band, VHF Band, UHF Band, L Band, S Band, C Band, X Band, Ku Band, K Band, Others). The global RF-over-Fiber market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW).
1) What are the drivers for RF-over-Fiber market?
The key driving factors of the market are increasing demand for internet, rising demand for fiber optic cables for higher bandwidth and durability and growing telecommunication industry
2) Which is the leading application segment for RF-over-Fiber market?
Telecommunication industry has accounted the major market share, and is expected to witness the growth at highest pace during the forecast period.
3) Which region is gaining majority of market share during the forecast period (2021-2028)?
APAC is expected to gain major market share during the forecast period (2021-2028).