Used to modify properties of light for use in a number of industries like telecommunications, optical modulators are seeing a rise in demand, owing to expansion of optical modulators materials. Basis on applications, the market for optical modulators materials is divided into polarization, phase and intensity modulators.
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And, the landscape is rife with notable developments. For instance, in the July of 2017, CASTECH Inc., came up with a new crystal that optimizes modulator devices. It is a leading player in the market and calls the crustal Yb: CALGO. In the same month and year, it launched Chirped Mirrors to fix the issue with pulse broadening effects in application using ultra-fast laser. In another year, 2016, CLaser moved to Shanghai with its new production facility. The market player states it is a bigger and better one to aid research and development.
While talking about CASTEC Inc, it is pertinent to note that it is heavily invested in product development and focuses hugely on portfolio diversification. It is currently working on the metrology instrument that can help in accurately measuring dispersive feature of coatings and components.
It is worth mentioning here that the global optical modulators materials market is fragmented owing to the presence of a large number of international and regional players. Besides, the global optical modulators materials market is highly competitive. Some of the most prominent players in the market landscape include Agiltron Inc., Cisco Systems Inc., Fujikura Ltd., Gooch & Housego Plc, IBM Corp., Intel Corp., Jenoptik AG, Lumentum Holdings Inc., MKS Instruments Inc., and Thorlabs Inc, among others.
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Moreover between 2018 and 2028, the global optical modulators materials is set to chart a high growth curve. The impressive CAGR (Compound Annual Growth Rate) will not just create worthy growth opportunities but also pull up the market worth significantly.