A transceiver is a device which can transmit and receive signals. Basically, industrial transceiver is a combination of transmitter and receiver, both of which share common circuitry. Generally, the transceiver is used in a wireless communication system. Historically, transceiver was used to interface computers to peripheral devices such as printers, keyboards, modems, joysticks, and a mouse. At present, transceiver is used in applications such as set-top boxes, GPS, POS, barcode scanners, glucose meters, automotive telematics, gaming, and others that require low-cost, low-speed serial communication. 

Transceivers is able to handle analog or digital signals, and in some cases, it handles both, the analog as well as digital signals. The most famous industrial transceiver designs are radio transceivers, telephony transceivers and Ethernet transceivers. In the industrial transceiver market, most manufacturers offer specially designed industrial transceivers integrated with different features and specifications for a wide range of applications, such as motor control & drives, electric automobiles, renewable energy, lighting, and smart grid. 

Depending upon the technology, the industrial transceivers are classified as single-mode industrial transceivers and multi-mode industrial transceivers. Single mode transceivers allow one mode to propagate. It uses single mode fiber cable to receive and transmit data, which make it suitable for longer transmission. While multimode transceiver supports multiple mode transmission, and works with multimode fiber cable that has a larger core than single mode fiber cable. The transmission distance of multi-mode transceivers is less than that of single mode transceiver due to dispersion. 

Multimode transceivers consume less power than single mode transceivers, which is an important consideration especially when assessing the cost of powering and cooling a data center. Hence, the multi-mode industrial transceivers are expected to dominate the industrial transceivers market.

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The industrial transceivers consume less power and space due to the common circuitry and housing features. Thus, the power consumption and assessing expenditures related to the industrial transceiver technology are much lower. Therefore, the power management applications of industrial transceivers are estimated to record the highest growth rate in the industrial transceivers market. Government initiatives toward accelerating the development of smart cities are expected to drive the growth of the global industrial transceiver market.

Some of the major factors that drive the growth of the industrial transceivers market include increase in adoption of industrial transceivers in the telecommunication industry, rapid growth of IT infrastructure and IT-based solutions, and growth in number of smart city projects worldwide. However, rapidly changing networks and telecommunication technologies, increase in requirement of high capital investment on IT infrastructure and telecommunication network, and development and utilization of next-generation technologies are expected to restrain the market growth.

The industrial transceivers market is segmented based on Technology, applications, and Region. Based on Technology, the market is bifurcated into single-mode industrial transceivers and multi-mode industrial transceivers. By applications, it is categorized into automation, telecommunication & data processing, lighting, motor control & drives, electric vehicles, power management, renewable energy, and smart grid. Based on region, the market is analyzed across Europe, Asia-Pacific, North America, and LAMEA.

The major companies profiled in the industrial transceivers market include AMS Technologies, Analog Devices Inc., Cisco Systems, Finisar Corporation, Fujitsu Optical Components Limited, Huawei Technologies Co. Ltd., Maxim Integrated, MaxLinear, Nordic Semiconductor, Microsemi, and others.

KEY BENEFITS FOR STAKEHOLDERS

  • This study comprises analytical depiction of the industrial transceivers market share with current trends and future estimations to depict the imminent investment pockets.
  • The overall potential is determined to understand the profitable trends to gain a stronger foothold in the industrial transceivers industry.
  • The industrial transceivers market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The industrial transceivers market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.   
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

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