Finisar Corporation-Company profile, Business Overview, Financial Performance, Operating Segments, Strategic Moves, and Competitive Intelligence Report

An active optical cable (AOC) is a cabling technology that uses optical fiber between the connectors to improve the cable’s performance. There is a rise in demand for AOC as it serves as an alternative to copper cable due to its various advantages such as small bend radius for easy installment, low power consumption, and lightweight. Applications of these cables have expanded, from high-performance computers to networking and storage with the support of many protocols. In addition, AOCs rely on different protocols, such as InfiniBand, USB, and Ethernet, for data transmission. The active optical cable market was valued at $481.3 million in 2015. Furthermore, the active optical cable market is projected to generate about $3,480.7 million registering a CAGR of 32.7% from 2016 to 2022. Certain segments such as PCI Express(PCIe), Serial Attached SCSI (SAS) and Thunderbolt are increasing the market size and generating potential customers for the sector worldwide.