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OC market up $US1.6bn for the quarter: Ovum

OC market up $US1.6bn for the quarter: Ovum

Manufacturing recovery pushes five per cent sequential growth

Research firm, Ovum, has reported that the global optical components (OC) market achieved revenues of $US1.6 billion to mark a five per cent sequential gain in the first quarter of 2012.

The Market Share Alert: 1Q12 Global OC states that the figure is due to the resumption of manufacturing capacity to near what it was before the Thai floods.

“Among the top 10 suppliers, Opnext’s 28 per cent gain led the market,” Ovum practice leader of components and author of the report, Daryl Inniss, said. “North America was a bright spot, with vendors citing strong spending from Verizon and multi-services operators (MSOs).”

Performance across the Asian market varied. Japan was strong, although China showed mixed results.

“This uncertainty in China is associated with the lack of visibility and actions that the government might take in order to stimulate growth in the market,” Inniss said.

Despite the upturn, the report indicates that OC sales were still behind the first quarter of 2011.

At the same time, Inniss remains optimistic, stating that the OC outlook will grow alongside the demand for bandwidth.

“Ovum sees the market expanding by about another four per cent sequentially in 2Q12 and forecasts full-year revenues of $US6.9 billion for 2012, for six per cent annual growth.”


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