Global Transceiver Market: Introduction
Transparency Market Research delivers key insights on the
global transceiver
market. In terms of revenue, the global market is estimated to
expand at a CAGR of ~6% during the forecast period, owing to
numerous factors, regarding which, TMR offers thorough insights and forecasts
in its report on the global transceiver market.
A transceiver is a combination of a receiver and a transmitter,
and is used to carry out data transmission and reception by using a sole
device. Furthermore, transceivers allow a microprocessor system to transmit and
receive data with the help of various interface standards over different
protocols such as CAN and Ethernet. Additionally, transceivers are used in
multiple industry verticals in order to achieve the efficient and quick
transfer and reception of data. In the automotive industry, vertical
transceivers, especially CAN, LIN, and FlexRay types of vertical transceivers
are significantly used for in-vehicle networking or for data communication
between a large numbers of installed ECUs (electronic control units). With the
growth of industries, especially automotive, healthcare, and IT &
telecommunications, the global transceiver market is projected to expand in the
next few years.
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Global Transceiver Market: Dynamics
Increased network bandwidth is projected to boost the demand
for transceivers across the world during the forecast period. Increase in the
need for high network bandwidth has been observed across the globe over the
last few years, owing to the emergence of 4G and 5G mobile network services and
IoT (Internet of Things) across multiple industry verticals such as retail and
manufacturing. IoT enables multiple devices to get connected over the Internet,
and, due to this, it generates more traffic than usual as well as higher demand
for network bandwidth. The rising need for larger storage size, higher
processor speed, and larger HDTV screen size is expected to drive the demand
for network bandwidth during the forecast period. Transceivers provide the
ability to transfer high-speed data without reducing transmission efficiency,
and easily support the increased network bandwidth. Continuous increase in the
need for network bandwidth has a high positive impact on the demand for
transceivers, worldwide. This, in turn, is expected to boost the global
transceiver market during the forecast period.
The global transceiver market is characterized by numerous
market trends, such as rising demand for optical transceivers and electric
vehicles. The demand for electric vehicles is rising across the world, as a
result of stringent emission regulations and incentives offered to vehicles
with low or zero emissions at both, regional and city levels. For instance,
according to a report by Bloomberg Finance L.P. named ‘Electric Vehicle
Outlook 2019,’ 57% of all passenger vehicles sold
would be electric vehicles by 2040. With the increasing demand
for electric vehicles, the demand for in-vehicle data exchange is also rising.
In order to enable in-vehicle data exchange, CAN, i.e. controlled area network
and LIN, i.e. local interconnect network are implemented. The CAN protocol
enables smooth data exchange between a large number of ECUs (electronic control
units) installed in a vehicle. Furthermore, a CAN transceiver enables reliable
in-vehicle network communication, and also reduces the consumption of electric
power. Additionally, it is used in different applications related to electric vehicles,
i.e. main and auxiliary inverters, HV-LV DC-DC converters, on-board chargers,
and battery management systems.
Global Transceiver Market: Prominent Regions
Asia Pacific is the dominant region of the global
transceiver market. This growth can be attributed to rising adoption of
transceivers across the region, especially in China, Japan, and India, due to
technological advancements, presence of well-established as well as emerging
players, rising demand for fast-speed Internet, and increasing demand for fiber
optic networks. Moreover, owing to significant growth of the IT &
telecommunications industry in Asia Pacific, led by the large number of
subscribers and rise in Internet penetration, the demand for communication as
well as networking equipment, especially GPON-based equipment, is on the rise.
This factor is boosting the demand for transceivers in Asia Pacific. The
transceiver market in Europe is estimated to witness significant growth during
the forecast period, owing to the presence of a strong automotive industry and
growing trend of adoption of electric and autonomous vehicles across Europe.
The automotive industry is increasingly using transceivers, due to the
increasing number of ECUs in vehicles to improve the in-vehicle network for
enhancing the vehicle’s security and fuel efficiency. The transceiver market in
the Middle East is expected to witness moderate growth in the near future.
However, growth of the transceiver market in South America is sluggish as
compared to other regions, owing to the economic uncertainty in countries such
as Brazil and Argentina.
Global Transceiver Market: Key Players
A few of the key players operating in the global transceiver
market are Texas Instruments Incorporated, Finisar Corporation, NXP
Semiconductors, Broadcom Inc., and Lumentum Operations LLC. These players are
striving to gain a competitive edge by developing new products that are
suitable for multiple applications. For instance, in 2018, Finisar
Corporation, a provider of components for data centers, introduced innovative
products at 'The European Conference on Optical Communications'. These new
products include 200G and 400G transceivers such as 400G QSFP-DD DR4, 400G
QSFP-DD eLR8, 200G QSFP56 FR4, and 200G QSFP56 eFR4.
Global Transceiver Market: Segmentation
Transceiver Market by Type
- Optical
Transceivers
- Ethernet
Transceivers
- RF
Transceivers
- CAN
Transceivers
- Others
Transceiver Market by Form Factor
- SFP
- SFP+
- XFP
- QSFP
- QSFP+
- CFP
- Others
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Transceiver Market by End-use Industry
- Healthcare
- Automotive
- Oil
& Gas
- IT
& Telecommunications
- Others
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