The
Global Electronic Toll Collection market size was valued at US$ 1.18 Bn in
2017 and is expected to reach US$ 14.4 Bn by 2026 to exhibit a CAGR of 36.71%
during the forecast period.
The demand of the Electronic Toll Collection market is increasing due to
rising investments by manufacturers in global Electronic Toll Collection
market. The manufacturers invest in this market to achieve advancing
requirements of high bandwidth applications, high-density applications and
lower power consumption are expected to manage demand for active optical cables
(AOCs) and direct attach copper (DAC) cables. The adoption of Electronic Toll
Collection markets are increasing for data storage is probably to improve
market growth.
Data center operators utilize Electronic Toll Collection
market assemblies for data storage on account of the cost-saving and
energy-saving benefits they offer. Further, AOCs act as the main transmission
medium in data centers and high-performance computing (HPC) centers to ensure
the flexibility and stability of data transmission.
DAC cables can be used to connect switches to routers and/or
servers. They are becoming growingly popular in the network industry because
the price difference is so large compared with regular optics and RJ-45 10G is
not widely acquired.
The rising demand for next-generation high-speed
pluggable-products is raising the growth of the market over the forecast
period. The pluggable products can perform in utmost conditions such as high-temperature
data centers. These next generation cables are used to support the ultra-fast
speed required by the hyper-scale industry. The growing use of active optical
cables in consumer electronics such as 4K televisions and digital signage is
expected to prompt market growth over the forecast period.
However, the high costs related with the set-up of optical
cable networks, as well as the costly raw materials used in the manufacture of
optical cables and the high cost of optical fiber hamper the growth of the
market. Also, the continuous R&D activities managed by the manufacturers in
order to assemble next-generation AOCs and transceivers to meet the developing
requirements of data centers is an expensive process, which delays the market growth
over the forecast period.
In 2017, the AOC segment accounted for the huge market share
also it is expected to dominate in forecast period owing to the increasing need
for bandwidth requirements of high-performance computing centers and surge in
the establishment of data centers. AOCs are also used in hyper-scale builders
and storage subsystems, which run 10G or 25G from a Top-of-Rack switch to
subsystems.
The Cx4 and CXP segments are anticipated to grow at a steady
rate over the forecast period. In 2017, QSFP accounted for the largest market
share. The pluggable products can operate even in extreme conditions, such as
high-temperature data centers.
The others segment, which includes consumer electronics such
as 4K TV, is anticipated to grow considerably over the forecast period.
North America is expected to dominate the global market over
the forecast period, mainly due to soaring demand for higher bandwidth speeds
in high-performance computing centers as well as a consistent increase in data
centers.
Key players operating in the market include Arista Networks,
Inc.; Cisco Systems, Inc.; Cleveland Cable Company; Hitachi, Ltd.; Juniper
Networks; Methode Electronics; Molex, LLC; Nexans; Panduit; ProLabs Ltd; Solid
Optics; The Siemon Company; 3M; Avago Technologies Ltd; Emcore Corporation; FCI
Electronics; Finisar Corporation; Shenzhen Gigalight Technology Co., Ltd;
Sumitomo Electric Industries, Ltd; and TE Connectivity Ltd.
Various manufacturers are launching AOCs and DAC cables for
data centers. For example, in January 2018, Nexans introduced the addition of
these cables to its data center solutions product portfolio. The products were
announced to expand the offerings of the data center segment and were designed
to offer cost-effective, high-performance, and reliable solutions.
For More Information Visit @:
https://www.maximizemarketresearch.com/market-report/global-electronic-toll-collection-market/23914/
Scope of the Global Electronic Toll Collection Market
Global Electronic Toll Collection Market, by Product Type
• Direct Attach Copper Cables
• Passive
• Active
• Active Optical Cables
Global Electronic Toll Collection Market, by Form Factor
• QSFP
• SFP
• CXP
• Cx4
• CFP
• CDFP
Global Electronic Toll Collection Market, by End-user
• Networking
• Telecommunications
• Data Storage
• High-Performance Computing (HPC) Centers
• Others
Global Electronic Toll Collection Market, by Region
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Key Players operating in the Global Electronic Toll
Collection Market
• Arista Networks, Inc.
• Cisco Systems, Inc.
• Cleveland Cable Company
• Hitachi, Ltd.
• Juniper Networks
• Methode Electronics
• Molex, LLC
• Nexans
• Panduit
• ProLabs Ltd
• Solid Optics
• The Siemon Company
• 3M
• Avago Technologies Ltd
• Emcore Corporation
• FCI Electronics
• Finisar Corporation
• Shenzhen Gigalight Technology Co., Ltd
• Sumitomo Electric Industries, Ltd
• TE Connectivity Ltd
Customization of
the report:
Maximize Market Research
provides free personalized of reports as per your demand. This report can be
personalized to meet your requirements. Get in touch with us and our sales team
will guarantee provide you to get a report that suits your necessities.
About Maximize Market
Research:
Maximize Market
Research provides B2B and B2C research on 20,000 high growth emerging
opportunities & technologies as well as threats to the companies across the
Healthcare, Pharmaceuticals, Electronics & Communications, Internet of
Things, Food and Beverages, Aerospace and Defense and other manufacturing
sectors.
Contact info:
Name: Lumawant
Godage
Organization
Address: MAXIMIZE MARKET RESEARCH PVT.
LTD.
Address: Pune,
Maharashtra 411051, India.
Contact: +919607195908
No comments:
Post a Comment