Asia Pacific Amplifier and Comparator Market Forecast to 2030 - COVID-19 Impact and Regional Analysis - by Type and Application

The Asia Pacific amplifier and comparator market is expected to grow from US$ 5,171.25 million in 2023 to US$ 7,651.21 million by 2030; it is estimated to grow at a CAGR of 5.8% from 2023 to 2030.

Increasing Demand for Optical Amplifiers

Optical amplifiers are important in optical communication and laser applications as they amplify optical signals without converting them into electrical signals. This property minimizes signal degradation and improves the overall system performance. The main applications of optical amplifiers include long-haul and metro networks, fiber-to-the-home (FTTH), dense wavelength duplication, coherent optical systems, and optical fiber testing. A semiconductor optical amplifier is a low-cost option used to provide a high-performance in long-distance wavelength division multiplexing (WDM) networks; due to this characteristic, the optical fibers are used in in-line amplification, an optical network, general purpose tests and measurements, and fiber sensing.

Businesses, processes, and organizations are undergoing rapid digital transformations, leading to the increasing adoption of optical fiber in the region. Thus, various governments are taking several initiatives to develop the optical fiber infrastructure in their countries. In April 2023, the Indian Ministry of Road Transport & Highways announced that the National Highways Authority of India (NHAI) plans to build ~10,000 km of optical fiber cable (OFC) infrastructure nationwide by 2024-2025. Optical amplifiers act as optical repeaters in long-distance, fiber-optic communications. Thus, the increasing demand for optical amplifiers with the rise in the implementation of various modern network types bolsters the amplifier and comparator market growth.

Asia Pacific Amplifier and Comparator Market Overview

The amplifier and comparator market in APAC is segmented into South Korea, India, China, Japan, Australia, and the Rest of Asia Pacific. The region comprises various growing economies-India, China, Indonesia, and the Philippines. These countries are witnessing a gradual rise in the adoption of advanced technologies. Further, the availability of low labor costs, low taxes and duties, and a strong business ecosystem are luring global players in the electronic manufacturing industry to expand their manufacturing facilities in this region. In September 2021, Molex, one of the world's leading manufacturers of electronic, electrical, and fiber optic connectivity systems, announced it is expanding its existing manufacturing operations in Hanoi, Vietnam. With this strategic development, the company is expected to support the growing demand for its products across various applications, including smartphones, TVs, and home appliances. Thus, the growing manufacturing industry in Asia Pacific is anticipated to offer lucrative opportunities for the amplifier and comparator market in the coming years.

Asia Pacific Amplifier and Comparator Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Amplifier and Comparator Market Segmentation

The Asia Pacific amplifier and comparator market is segmented based on type, application, and country. Based on type, the Asia Pacific amplifier and comparator market is bifurcated into amplifier and comparator. The amplifier segment held a larger market share in 2023.

Based on application, the Asia Pacific amplifier and comparator market is segmented into industrial sector, communications sector, computing devices, consumer electronics devices, automotive, military & aerospace, and others. The industrial sector segment held the largest market share in 2023.

Based on country, the Asia Pacific amplifier and comparator market is segmented into Taiwan, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific amplifier and comparator market share in 2023.

ABLIC Inc; Analog Devices Inc; Broadcom Inc; Microchip Technology Inc; NXP Semiconductors; On Semiconductor; Renesas Electronics Corporation; Skyworks Solutions Inc; STMicroelectronics NV; and Texas Instruments Inc are the leading companies operating in the Asia Pacific amplifier and comparator market.

Reasons to Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific amplifier and comparator market.
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific amplifier and comparator market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific amplifier and comparator market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution