Lewes, DE -- (SBWIRE) -- 05/11/2015 -- MarketResearchReports.com has announced the addition of a market forecast report on the global consumption and technology trends of component-level fiber optic attenuators in optical fiber networks. Attenuators are used to control the power level of an optical signal used in optical fiber communication networks.

The global consumption value of component-level fiber optic attenuators is projected to reach $324.2 million in 2015. During the forecast period, the value is forecast to increase at an average annual growth rate of 5.6 percent to reach $426.6 million in 2020. The Telecommunications application is forecast to dominate the consumption of fiber optic attenuators throughout the forecast period.

In the study, the market is presented by the following product categories: Fixed (Bulkhead/Plug/Panel Mount and In-Line Jumper with Connectors) and Variable Optical Attenuators (Manually-controlled and Electrically-controlled).

"The use of variable optical attenuators (VOAs) with optical switching is contributing to the steady increase of this particular component," said Analyst. "A critical functional area in fiber optic communication includes optical switching and VOAs; therefore, the increase in 100G is contributing to the increase demand of VOAs in both the telecommunication and datacom segments," Analyst added.

Component-level electronically variable optical attenuators (EVOAs) are available utilizing various methods; however, Micro-Electro-Mechanical Systems (MEMS) is currently the most popular technique. According to report, the use of manually controlled and electrically controlled VOAs is projected to reach $254 million in 2015.

For further information on this report, please visit- http://www.marketresearchreports.com/electronicast/fiber-optic-component-attenuators-global-market-forecast-2015-2020

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