Wavelength Selective Switch Market
Wavelength Selective Switch Market Scope:
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Wavelength Selective Switch Market Size and Growth
The Wavelength Selective Switch market is experiencing significant growth, driven by increasing demand for efficient data transmission in optical networks. Currently valued at approximately $750 million, the market is projected to expand at a CAGR of around 10% over the next five years, reflecting advancements in telecommunications and cloud services.
Companies Covered
(Covid 19 Impact Covered)
◍ II-VI Incorporated
◍ Lumentum (JDSU)
◍ Molex
◍ Santec
The Wavelength Selective Switch market is competitive, featuring companies like II-VI Incorporated, Lumentum, Molex, and Santec. These firms drive market growth through innovative products and solutions, enhancing network adaptability.
- II-VI revenue: $3 billion
- Lumentum revenue: $1.5 billion
- Molex: $3.3 billion
- Santec: ~$160 million.
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Market Segmentation
By Application
1x4 or less Add/Drop Module
1x5 or larger Add/Drop Module
By Product
LCOS based Devices
MEMS based Devices
Others
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$ 228.60 Million
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