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Updated: July 8th, 2008 05:26 PM CDT

Optical Component Worldwide Markets at $2.9 Billion Are Expected to Reach $7.6 Billion by 2012

Business Wire
via NewsEdge Corporation

DUBLIN, Ireland--(BUSINESS WIRE)--April 20, 2006--Research and Markets ( has announced the addition of "Optical Component Market Opportunities, Strategies, and Forecasts, 2006 to 2012" to their offering.

As networks are implemented for triple play, they become complex, driving the need for fast transport based on optics. Manufacturers of communications and computer equipment are increasingly value the ability to provide integrated solutions for both opto-electronic components and integrated circuits.

Growing capabilities in combining opto-electronic components and integrated circuits into single products position the market for rapid growth. Competitors seek to offer manufacturers of communications equipment a broad portfolio of opto-electronic components that are designed to operate together to create integrated solutions. Companies participating in the optical component industry are combining multiple devices into single products, often referred to as modules, to deliver to customers functions traditionally performed by a number of separate opto-electronic devices.

Integrated product offerings combine integrated circuits and supporting software as part of a complete solution. Advanced system-on-a-chip capabilities allow users to integrate, on a single integrated circuit, multiple functions that required multiple integrated circuits.

Optical components serving the 10 Gbps space are not the only products needed. The 2.5 Gbps space is very attractive, with 40 Gbps to make an appearance this year in 2006. The main application dynamics are optical systems used with high-speed transmitters that are required to transmit longer distances.

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