The
RF over fiber market is expected to grow from USD 336.3 million in
2018 and reach USD 566.1 million by 2023, at a CAGR of 10.97% between 2018 and
2023. The growth of this market is propelled by the rise of 4G, LTE advanced,
and other new standards, along with the increased spectrum efficiency.
The
market, considered in this report has been classified on the basis of frequency
bands, namely, L, S, C, X, Ku, and Ka. The L band is expected to be the largest
market based on frequency band by 2023, which has been the most commonly deployed
frequency band across the world. L-band RF over fiber solutions find their
applications in low earth orbit satellites, military satellites, and
terrestrial wireless communications such as GSM mobile phones.
RF
over fiber products can be used in applications such as telecommunications,
broadband, broadcast, radar, and navigation. The report provides a description
of each of these application areas of RFoF. Telecommunications is expected to
account for the largest share of the microwave transmission equipment market
between 2018 and 2023. The emergence of Industrial Internet of Things (IIoT)
and machine-to-machine (M2M) communication solutions is also expected to boost
the growth of the RF over fiber market for telecommunications applications
during the forecast period.
The
RF over fiber market for the civil vertical is expected to grow at the highest
rate between 2018 and 2023. The civil vertical is driven by the expansion of
LANs and data centers as electronic data transmission has become an essential
requirement at workplaces. The rising investments in building new data centers
and upgrading them; increasing use of big data analytics and IoT technology;
and growing need for data center collocation and managed services are the
factors driving the growth of the RFoF market for the civil vertical.
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A
few major companies operating in the RF over fiber market are Finisar (US),
HUBER+SUHNER (Switzerland), Emcore (US), Gooch & Housego (UK), Seikoh Giken
(Japan), Apic Corporation (US), DEV Systemtechnik (Germany), Foxcom
(Jerusalem), Glenair (US), Optical Zonu (US), and Vialite Communication (UK).
These companies have developed innovative products that can be served in the RF
over fiber market.
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