Optical Passive Device Market size was valued at US$ 8.23 billion in 2024 and is projected to reach US$ 14.7 billion by 2032, at a CAGR of 8.6% during the forecast period 2025-2032
Report Studies
• The global Optical Passive Device Market size was valued at US$ 8.23 billion in 2024 and is projected to reach US$ 14.7 billion by 2032, at a CAGR of 8.6% during the forecast period 2025-2032.
• Optical passive devices are critical components in fiber-optic communication systems that manipulate light signals without requiring electrical power. These devices include fiber optic connectors, couplers, wavelength division multiplexers, optical attenuators, and isolators, which enable efficient signal transmission and network performance. The U.S. market accounted for approximately 28% of global revenue in 2024, while China is expected to grow at a faster CAGR of 8.5% through 2032.
By Type:
• The market is segmented based on type into:
• Fiber Optic Connector
• Fiber Optic Coupler
• Optical Wavelength Division Multiplexer
• Optical Attenuator
• Optical Isolator
• The market is segmented based on application into:
• IT • Communication
• Data Center
• II-VI Incorporated (Coherent Corp.) (U.S.)
• CoAdna Photonics, Inc. (Taiwan)
• NeoPhotonics Corporation (U.S.)
• NEL (Japan)
• Lumentum Holdings Inc. (U.S.)
• NPTN (U.S.)
• Hengtong Group (China)
• TDII (Japan)
• TFC (South Korea)
