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Active Optical Cable Market Size to Grow USD 10400 Million by 2029 at a CAGR of 23.9% | Valuates Reports

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BANGALORE, India, Oct. 1, 2024 /PRNewswire/ — Active Optical Cable Market is Segmented by Type (InfiniBand, Ethernet, HDMI, USB, DisplayPort), by Application (Data Center, Consumer Electronics, High-performance Computing (HPC), Digital Signage): Global Opportunity Analysis and Industry Forecast, 2023-2029.

The Global Active Optical Cable Market Revenue was USD 2283.8 Million in 2022 and is forecast to a readjusted size of USD 10400 Million by 2029 with a CAGR of 23.9% during the forecast period (2023-2029).

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Major Factors Driving the Growth of Active Optical Cable Market:

The global active optical cable (AOC) market is experiencing significant growth, driven by the rising demand for high-speed data transmission in data centers, telecommunications, and consumer electronics. Active optical cables are designed to transmit data over long distances at higher speeds, using optical fiber and electrical components. These cables are becoming increasingly popular due to their ability to handle large volumes of data while reducing power consumption and maintaining signal integrity. The increasing adoption of AOCs in data centers and high-performance computing (HPC) environments is a key factor fueling market growth, as businesses require faster and more reliable data transmission solutions. Additionally, the rapid growth of cloud services, artificial intelligence (AI), and machine learning (ML) applications is pushing demand for high-bandwidth communication systems, further boosting the AOC market. The demand for video streaming, gaming, and 4K/8K resolution content is also contributing to the growing adoption of active optical cables in the consumer electronics sector. With technological advancements and the expansion of digital infrastructure, the AOC market is poised for sustained growth.

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TRENDS INFLUENCING THE GROWTH OF THE ACTIVE OPTICAL CABLE MARKET:

InfiniBand technology is a major driver of the active optical cable (AOC) market, particularly in high-performance computing (HPC) and data center environments. InfiniBand provides low-latency, high-bandwidth data transmission, making it ideal for connecting servers, storage systems, and networking devices. Active optical cables, when combined with InfiniBand technology, offer the performance required for high-speed data transfer over long distances. As the demand for faster and more efficient data transmission in HPC applications increases, the adoption of AOCs with InfiniBand is growing. This trend is driving the expansion of the AOC market, especially in industries that rely on high-performance computing.

Ethernet technology is also playing a significant role in driving the growth of the active optical cable market. AOCs are increasingly being used in Ethernet-based networks, particularly in data centers and enterprise networks where high-speed data transmission is crucial. Ethernet protocols, such as 40GbE, 100GbE, and beyond, require reliable, low-latency connections that AOCs can provide. As businesses and cloud service providers continue to expand their digital infrastructure to support high-speed data traffic, the demand for Ethernet-based AOCs is rising. The growing deployment of Ethernet networks in data centers and telecommunications is expected to further boost the AOC market.

The increasing demand for high-bandwidth communication systems in data centers is one of the primary factors driving the growth of the active optical cable market. Data centers require fast and reliable connections to manage the ever-growing volume of data generated by cloud services, big data analytics, and online applications. Active optical cables provide the necessary speed and bandwidth to support these requirements, enabling faster data transfer and improved network performance. The rise of hyperscale data centers, which handle vast amounts of data across multiple servers, is further driving the adoption of AOCs in these facilities, as they offer high-speed connectivity with minimal signal loss.

The expanding use of high-performance computing (HPC) systems in industries such as research, aerospace, automotive, and defense is driving the growth of the active optical cable market. HPC systems require high-speed, low-latency connections to process large datasets and perform complex simulations. Active optical cables are ideal for these applications, as they provide fast, reliable data transmission over long distances with minimal signal degradation. The increasing use of HPC systems for scientific research, financial modeling, and weather forecasting is pushing the demand for AOCs, as these industries require high-bandwidth communication solutions to support their computational needs.

The consumer electronics sector is also contributing to the growth of the active optical cable market. AOCs are being increasingly used in high-definition multimedia applications, such as 4K/8K video streaming, gaming consoles, and virtual reality (VR) devices, where high-speed data transfer and minimal latency are critical. As consumers demand more immersive and interactive experiences, the need for faster, more reliable data transmission solutions is growing. AOCs are well-suited for these applications, as they can handle large amounts of data with low power consumption and high efficiency. The growing popularity of smart TVs, home theaters, and gaming systems is expected to drive further demand for AOCs in consumer electronics.

The demand for energy-efficient communication solutions is another key factor driving the active optical cable market. AOCs consume less power compared to traditional copper cables, making them an attractive option for data centers and enterprises looking to reduce their energy consumption and operational costs. The growing focus on sustainability and the need to reduce the carbon footprint of data centers is pushing companies to adopt more energy-efficient interconnect solutions. As businesses prioritize energy efficiency and environmental sustainability, the demand for active optical cables that offer low power consumption and high performance is expected to increase.

The healthcare industry is increasingly adopting active optical cables for medical imaging and diagnostic applications, where high-resolution images and real-time data transfer are critical. AOCs are used in medical imaging devices such as MRI machines, CT scanners, and ultrasound systems to ensure fast, accurate data transmission. The growing demand for advanced medical imaging technologies and telemedicine solutions is driving the need for high-speed communication systems in healthcare facilities. As the healthcare industry continues to digitize and adopt new technologies, the use of AOCs in medical imaging and diagnostics is expected to increase, further boosting the market.

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ACTIVE OPTICAL CABLE MARKET SHARE ANALYSIS

Data Center was estimated to account for a sales share of 43.52% in 2020.

As the largest consumer country, the USA consumed 1524.3 K Units of active optical cables in 2019, accounting for 31.19% of the global total.   In North America, the United States dominates the market, driven by the growing demand for high-performance computing, data center expansion, and the rollout of 5G networks.

China is the second important consumer country, with consumption accounting for 12.16% of the global population in 2019. The Asia-Pacific region is experiencing rapid growth, particularly in China, Japan, and South Korea, where investments in digital infrastructure and telecommunications are driving the demand for AOCs.

The Key players operating into Global active optical cables Market are II-VI (Finisar), Siemon, Broadcom, Mellanox Technologies and Amphenol ICC, etc. II-VI (Finisar) and Siemon are the two players with the largest sales share, occupying 11.23% and 10.38% of the market share in 2019, respectively.

Key Companies:

AOCII-VI(Finisar)SiemonBroadcomMellanox TechnologiesAmphenol ICCMolexOptomindFiberon TechnologiesLeoniHitachi-cableFujikuraSumitomo ElectricShenzhen GigalightSoptoEverPro Technologies

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–  Consumer Active Optical Cable Market

–  Direct Attach Cable and Active Optical Cable Market

–  Active Optical Cable (AOC) & Direct Attach Cables (DAC) market was valued at USD 1987.2 Million in 2023 and is anticipated to reach USD 5809.2 Million by 2030, witnessing a CAGR of 16.5% during the forecast period 2024-2030.

–  Active Optical Cable and Extender Market

–  Fiber AOCs Market

–  Optical Data Cable Market

–  Fiber Optics Market revenue was USD 9960.3 Million in 2022 and is forecast to a readjusted size of USD 16950 Million by 2029 with a CAGR of 7.8% during the forecast period (2023-2029).

–  DisplayPort Cables Market

–  Fast Connector Market

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Technology

CompTIA Spark introduces free high-quality technology curriculum for middle grade classrooms

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On World Teachers’ Day, the nonprofit organization highlights the importance of middle school teachers, empowers them to teach technology skills

DOWNERS GROVE, Ill., Oct. 5, 2024 /PRNewswire/ — Responding to a critical gap in technology education, CompTIA Spark has launched free technology curriculum specifically for middle grade classrooms, grades 5-8. It aims to support teachers so that they can teach the critical skills students need to succeed in whatever path they choose. The nonprofit organization worked with educators across the country to develop the curriculum.

“Getting this free resource into the hands of middle school teachers can help close the gap in technology education.”

“World Teachers’ Day celebrates how important teachers are,” says Randi Parker, chief of staff and vice president of CompTIA Spark. “And we know that middle school teachers in particular play such an important role in a student’s journey which is why they are the key to bringing technology education to more schools. We could not have developed this curriculum without them, and we can’t reach students without them.”

For about the past year, school districts as well as individual teachers have been implementing the CompTIA Spark curriculum in middle grade classrooms and providing feedback that allowed for a testing and development period prior to the full-scale launch. The schools that participated in this phase ranged from award-winning STEM schools to less-resourced ones, with all types of schools reporting the curriculum was a success and that students were engaged and excited to learn.

Getting students excited about technology and growing their confidence with hands-on learning is critical at the middle school level. Without access to quality technology education, students fall behind before they reach high school which means they do not have the digital fluency needed to succeed in school and in life. Filling this critical gap is the mission of CompTIA Spark.

With the new free curriculum, teachers can guide middle grade students through engaging project-based lessons that build capability using common applications and 21st century skills. Students gain a solid foundation in key technology concepts to prepare them for future opportunities — in high school and beyond.

Delivered through an online learning platform, the curriculum sparks interest in technology and how it is used in a wide variety of careers. For example, the Tech Exploration units have interactive lessons that show how tech skills are used in roles like product design, market research, accounting, marketing and more. Meanwhile, the Emerging Tech units focus on artificial intelligence (AI), cybersecurity, and smart home technology. Full access to the curriculum is available to middle grade educators absolutely free — to empower more teachers to teach the subject, even if they have not taught it previously.

A recent special report from Education Week highlighted how schools have been “struggling to recruit and retain math and science teachers for decades,” let alone educators who can teach technology subjects. The report also stressed the fact that current teachers need to be given opportunities to be able to teach new subjects related to emerging fields and technologies — with this being a solution to tackling the shortage.

“Because of the way the curriculum is intentionally designed, we are able to take the burden off the teacher by providing high-quality technology curriculum that middle grade teachers can use in their classroom regardless of their past experience with the subject,” says Parker. “Getting this free resource into the hands of teachers can help close the gap in technology education that currently exists at the middle school level. CompTIA Spark curriculum is free, and always will be free, because it is a gift from the tech industry to future generations.”

Districts, schools and individual teachers are invited to explore the curriculum and get started at comptiaspark.org.

About CompTIA Spark

CompTIA Spark develops free high-quality technology curriculum for middle grade classrooms to close a critical gap in technology education that exists before high school. This work improves student outcomes and success, and helps ensure a diverse talent pipeline for the technology workforce. CompTIA Spark is an independent 501(c)(3) nonprofit organization that operates as the charitable arm of the Computing Technology Industry Association (CompTIA), a leading voice and advocate for the global information technology ecosystem and a trusted provider of technical training and IT certifications. Learn more at comptiaspark.org.

MEDIA CONTACTS:
Laura Perillo and/or Cristina De Guia
news@comptiaspark.org

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SOURCE CompTIA Spark

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SAUNEX Partners with Saudi SIIVC in Strategic EV Initiative

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The partnership will concentrate on the development and manufacturing of electric vehicles, enhancing industry capabilities

BANGKOK, Oct. 5, 2024 /PRNewswire/ — UNEX of the Netherlands, a global leader in the research and development of electric vehicles (EVs), and Siam Racing Automobiles (SRA) of Thailand, a world-class automotive design and engineering firm, have announced that their joint venture, SAUNEX, has entered into a strategic cooperation agreement with Saudi Arabia International Industrial Village (SIIVC). The alliance will establish a production facility for EVs in Saudi Arabia, aiming to extend their market reach across the Middle East, North Africa, and Southern Europe.

Chatchaval Jiaravanon, a member of the family that controls CP Group, addressed the audience at the signing ceremony. He highlighted the importance of automotive manufacturing as a benchmark of a nation’s industrial capabilities. Reflecting on CP Group’s past collaboration with China’s SAIC to set up a production facility for MG sports cars in Thailand, he noted that the success of automotive ventures relies critically on exemplary technology and leadership. The partnership between SAUNEX and SIIVC is aligned with Saudi Arabia’s Vision 2030 strategic initiative, emphasizing sustainable collaboration in the development, production, and marketing of EVs. The goal is to drive significant progress in Saudi Arabia’s EV sector and position SAUNEX as a beacon of successful international cooperation between Thailand and Saudi Arabia.

Mr. Jiaravanon also remarked that SAUNEX stands at the forefront of electric vehicle R&D, particularly in the application of battery swapping technology and the fields of automotive design and engineering. Their leading model, the Manto, is a luxury electric SUV that utilizes UNEX’s battery swapping technology, enhanced by SRA’s sophisticated design and engineering. It significantly outperforms competitors, offering a superior choice for future EVs free from the usual range limitations.

Top management executives from UNEX at the ceremony pointed out that under the leadership of Dr. Faisal Abdullah, CEO of SIIVC, the project aims to develop cutting-edge automotive production and battery swapping facilities in Saudi Arabia, manufacturing a full line-up of vehicle models including sedans, SUVs, and vans. The partnership also includes collaboration with CP Group and automotive supply chains in Thailand and China, aiming to create a sustainable and advanced industrial ecosystem that sets a global standard for the electric vehicle industry.

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SOURCE UNEX

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Technology

Israel Banned from UAE BioTech Symposium

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Israeli BioTech companies will not be permitted at the quarterly event with Roadshows throughout the Arab Gulf States, including the United Arab Emirates, Kuwait, Qatar, Oman, Bahrain and Saudi Arabia

In parallel, UAE BioTech Symposium has been dedicated to the memory of The Rockefeller University Nobel Laureate Professor Dr. Günter Blobel, MD. PhD., Founder of The Friends of Dresden.

ABU DHABI, UAE, Oct. 5, 2024 /PRNewswire/ — “The board of AmCham Abu Dhabi mandated that Chinese and Russian companies are not allowed. As Founding Chairman of AmCham Abu Dhabi BioTech Committee & Chairman of UAE BioTech Symposium, I mandate that Israeli companies are not allowed, says Dr. Kambiz Shekdar, PhD.

Dr. Shekdar is Owner and Chairman of the quarterly UAE BioTech Symposium launching Nove 2-6, 2024 in Abu Dhabi and Dubai, UAE. Registration for UAE BioTech Symposium is hosted at AmCham Abu Dhabi. The detailed program is available at https://www.uaebiotechsymposium.com.

“I spent 8 years in the lab with Günter as my mentor. He would often talk about how his family was packed in a car, passing through Dresden escaping Nazi Germany when the fire bombing happened. I remember each time he remembered how he could read the pages of the newspaper by the light of the fire kilometers away. He donated his prize money to all three religions because he understood that peace is the fundament for achieving our human potential,” add Shekdar.

“I saw the firebombing destruction of Dresden from very near,” Blobel told The Times of Israel upon Dr. Blobel’s passing on February 18, 2018, “only a few kilometers away; for an 8 1/2-year-old, this was all very impressive. The bombing was so bright that you could read the newspaper by the red sky.”

Complete information about UAE BioTech Symposium is available at the Chairman’s personal portal at this link: https://linktr.ee/kambizshekdar

About UAE BioTech Symposium Chairman Dr. Kambiz Shekdar, PhD
From invention at The Rockefeller University to IPO at New York Stock Exchange to scale-up drug discovery for jointly owned Made-in-Abu-Dhabi IP in the U.A.E., Dr. Kambiz Shekdar is the first U.S. Biotech Abu Dhabi Golden Visa Inventor transitioning to the U.A.E.

Dr. Shekdar, PhD invented Chromovert® Technology while he was a graduate doctoral student in the laboratory of his mentor, the late Nobel laureate & King Faisal Prize winner Dr. Günter Blobel, MD, PhD. at The Rockefeller University in New York City. For more than 20 years, Dr. Shekdar has been pursuing applications of the same platform technology, now including pursuing the creation of a joint venture with Emirati stakeholders to implement the by-now validated research engine as part of a national-level public-private partnership for drug discovery at scale in the U.A.E. Dr. Shekdar is also a member of the Abu Dhabi, UAE chapter of American Chambers of Commerce where he is Founding Chairman of the AmCham Abu Dhabi BioTech Committee.

https://www.linkedin.com/in/kambiz-shekdar-51a52a34/

About UAE BioTech Symposium
UAE BioTech Symposium in partnership with the AmCham Abu Dhabi BioTech Committee and Masdar City will host quarterly panel discussions and lab tours in Abu Dhabi, Dubai and roadshow destinations throughout the GCC and Middle East. The events are free with attendance limited to prioritize U.S. and international BioTech owners and executives. Program details will be posted online in Arabic and in English as registration for each event goes live via the AmCham Abu Dhabi website.

Arabic site for scientific program: http://www.uaebiotechsymposium.ae
English site for scientific program: https://www.uaebiotechsymposium.com

About AmCham BioTech Committee
The AmCham BioTech Committee was formed to establish a BioTech sector in Abu Dhabi with a focus on promoting opportunities for U.S. BioTech companies with a vision to be a thought leader and facilitator for U.S. corporate interests in the emerging BioTech sector in Abu Dhabi and throughout the Middle East. Since its founding, the BioTech committee has seen a notable uptick in interest from U.S.-based companies seeking to broaden their service offerings within the region. AmCham BioTech Committee founding members include Seconcell Bio, Intelligenix Advanced Diagnostics, Extend Biosciences, Halia Therapeutics and Jones Lang LaSalle Inc (JLL).
https://amchamabudhabi.org/biotech/

CONTACT: Kambiz Shekdar, +971585820175

 

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SOURCE Secondcell Bio, LLC; UAE BioTech Symposium

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