Telecom Lead Asia: The
global optical components (OC) market is estimated to reach $6.9 billion at the
end of fiscal 2012, up 6 percent, as compared to a year-earlier period,
according to Ovum.
On sequential basis, the market is expected to grow 4
percent sequentially Q2 FY12.
The global optical components (OC) market revenue increased
sequentially at $1.6 billion in Q1 FY12, up 5 percent, due to the resumption of
manufacturing halted by Thai floods.
The study said that the optical components (OC) sales in
1Q12 were below, compared to year-earlier levels.
Q1 FY12 has been the first growth quarter since 1Q11, but
macroeconomic uncertainty still plagues vendors, with many citing limited order
visibility, the study noted.
Ovum said that the suppliers have responded to macroeconomic
uncertainty with an increase in consolidation, including transactions between
Oclaro and Opnext, Sumitomo and Emcore’s VCSEL business, and Accelink and WTD.
“The return of manufacturing capacity is the main
contributor to the OC market’s 1Q12 increase. Among the top 10 suppliers,
Opnext’s 28 per cent gain led the market. North America was a bright spot, with
vendors citing strong spending from Verizon and the multi-service operators
(MSOs),” said Daryl Inniss, practice leader of Components at Ovum.
During Q1 FY12, Japanese market showed strong growth, while
China was mixed. The study said that sales of 40G in China met expectations.
40G segment was sluggish in the first calendar quarter, due
to low demand for access components.
“This uncertainty in China is associated with the lack of
visibility and actions that the government might take in order to stimulate
growth in the market. The long-term outlook for global optics market will
continue to be positive as bandwidth demand continues to grow,” Inniss added.
Optical components market shrank 0.2% sequentially in Q3 2011
to $1.57 billion
In Q3 FY11, the global optical components (OC) market
contracted 0.2 percent sequentially at $1.57 billion, due to market softness
owing mainly to macroeconomic uncertainty.
