ALBANY, New York, February 3, 2016 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Passive Optical Network (PON) Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023," global passive optical network equipment market was valued at US$24.81 bn in 2014, at a CAGR of 20.7% from 2015 to 2023 to account for US$163.5 bn in 2023.

Full Research Report on Passive Optical Network (PON) Equipment Market with detailed figures and segmentation at: http://www.transparencymarketresearch.com/pon-equipment-market.html

PON equipment offers high return on investment, low total cost of ownership, reliability, advanced security and simplified network operations. High investment in research infrastructure along with technological advancements in Asia Pacific serve as excellent opportunities for the market and is anticipated to augment the growth of the PON equipment market in the coming years.

By components, the global PON equipment market is subdivided into optical cables, optical power splitters, optical filters and wavelength division multiplexer/de-multiplexer. Wavelength division multiplexer/de-multiplexer is flexible and low cost solution. Moreover, these components enable operators to make full use of the available bandwidth. Thus, wavelength division multiplexer/de-multiplexer was the largest contributor in the PON equipment market in 2014, accounting for a market share of approximately 50%.

The global PON equipment market, by structure, is classified into two segments: Ethernet passive optical network equipment (EPON) and gigabit passive optical network equipment (GPON). GPON was the largest contributor in the PON equipment market in 2014, accounting for the market share of more than 65%, particularly due to wide implementation of GPON equipment in corporate and government projects. Moreover, GPON provides advanced security, higher bandwidth and larger downstream rate compared to EPON. Thus, the usage of GPON equipment is increasing at a rapid rate.

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The gigabit passive optical network equipment market, by components, is classified into two segments: - optical line terminal (OLT) and optical network terminal (ONT). ONT occupied the largest market share in 2014, accounting for approximately 64%, owing to low cost of optical network terminals and increasing demand among end users.

The Ethernet passive optical network equipment market, by components, is bifurcated into two segments: - optical line terminal (OLT) and optical network terminal (ONT). ONT acquired the largest market share in 2014, accounting for approximately 62%, owing to increasing usage of optical network terminals among customers.

The global PON equipment market, by geography, is divided into four segments:-North America, Europe, Asia Pacific and Rest of the World (RoW). Asia Pacific acquired the largest market share in 2014, accounting for more than 35%. The major reason is attributed to huge demand for high bandwidth and increasing technological advancement in China and India among others.

Some of the leading players in the market are Huawei Technologies Co. Ltd., Alcatel-Lucent S.A., ZTE Corp, Calix Inc., Ericsson Inc., AdtranInc, Freescale Semiconductor Inc., Motorola Solutions Inc., Mitsubishi Electric Corporation and Verizon Communications Inc. among others. The report provides company market share analysis of the various industry participants. Key players have also been profiled on the basis of company overview, financial overview, business strategies and recent developments in the field of passive optical network equipment.

Browse the Press Release of this report, here: http://www.transparencymarketresearch.com/pressrelease/pon-equipment-market.htm

Global passive optical network (PON) equipment market: by components

• Optical cables
• Optical power splitters
• Optical filters
• Wavelength division multiplexer/de-multiplexer

Global passive optical network (PON) equipment market: by structure

• Gigabit passive optical network (GPON)
• Ethernet passive optical network (EPON)

Global gigabit passive optical network (GPON) equipment market: by components

• Optical Network Terminal (ONT)
• Optical Line Terminal (OLT)

Global Ethernet passive optical network (EPON) equipment market: by components

• Optical Network Terminal (ONT)
• Optical Line Terminal (OLT)

Global passive optical network (PON) equipment market: by geography

    North America

• U.S.
• Canada
• Mexico

    Europe

• U.K.
• Germany
• France
• Italy
• Rest of Europe

    Asia Pacific

• China
• India
• Rest of Asia Pacific

    Rest of the World (RoW)

• Latin America
• Middle East
• Africa

Other Research Reports by Transparency Market Research: 

• Optical Position Sensors in Semiconductor Modules and Chips Market: http://www.transparencymarketresearch.com/optical-position-sensors-market.html
• Fiber Optic Connectors Market: http://www.transparencymarketresearch.com/fiber-optic-connectors-market.html

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