According to the report of Markets and Markets, the market of global RF-Over-Fiber will be increased to 566.1 million US dollars in 2023 from 336.3 million US Dollar in 2018 and the composition annual rate of growth within the predictive period as 10.97%.
Factors such as growing demand for fiber optical cables with higher bandwidth and durability, the growing popularity of 4G, 5G, LTE and VOIP technologies, and increased military spending on C4I systems to enhance communications and security are driving the market growth.
It is predicted that, in 2023, the packet microwave will occupy the largest share of microwave transmission equipment market, which is a kind of communication technology with low cost but higher capacity to be easily installed in urban and rural area. The benefits of packet microwave technology-based broadband services include increased bandwidth, improved modulation and higher throughput microwave radio, which can efficiently transmit time-division multiplexing and Ethernet packets over wireless links, and provide operators with innovative and cost-effective wireless transmission solutions for Ethernet services.
During the prediction period, the communications industry will account for the largest share of the RF-over-fiber transmission market. IIoT (Industrial Internet of Things) and Machine-to-Machine (M2M) communication is also expected to drive the growth of the communications applications market.
In 2017, Asian-Pacific region is the largest market share occupied in the RF-over-Fiber market, and the second is the North America and Europe. But till 2023, the market share of Asian-Pacific region will be increased in the highest speed. In 2017, China and India account for significant market shares in the Asian-Pacific region and the high growth in the region can be attributed to the growing demand for high-speed wireless connections in consumer applications such as smartphones, high-definition video broadcasts and e-commerce portals.
The main participators of global RF-over-Fiber market includes the Finisar (America), HUBER＋SUHNER (Switzerland), EMCORE Corporation (America), Gooch＆Housego (Britain), Seikoh Giken (Japan) and Apic company (America), DEV Systemtechnik (Germany), Foxcom (Jerusalem), Glenair (Amercia) and Optical Zonu (America).
Detailed information refers to: