Newport Corporation (A Subsidiary of MKS Instruments), Keysight Technologies, VIAVI Solutions Inc. are Dominating the Global Optical Power Meter Market in 2020

Global Optical Power Meter Market is expected to grow with the CAGR of 5.8% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global optical power meter market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global optical power meter market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

Newport Corporation (A Subsidiary of MKS Instruments) is the dominating player in the market and the other players are Thorlabs, Inc., Kingfisher International, GAO Tek & GAO Group Inc., VIAVI Solutions Inc., Fluke Corporation., EXFO Inc., OptoTest Corporation, AFL., Stanlay, Keysight Technologies, Anritsu, Tech Optics Ltd., JOINWIT., Artifex Engineering GmbH & Co KG., M2 Optics Inc., HIOKI E.E. CORPORATION, Edmund Optics Inc., intec Gesellschaft für Informationstechnik mbH and Yokogawa Test & Measurement Corporation among others.

Optical Power Meter MarketNewport Corporation (A Subsidiary of MKS Instruments)

Newport Corporation (A Subsidiary of MKS Instruments) headquartered in California, U.S. was founded in year 1969. The company is engaged in developing and providing technology products and systems under design and testing to the customers. The company offers wide range of product categories such as motion, opto-mechanics, optics, light, light analysis, tables & isolation, vacuum instruments and brands out of which light analysis is the market focused product category. The company has presence in North America, Asia-Pacific, Europe and Middle East. For instance,

  • In 2011, Newport Corporation (A Subsidiary of MKS Instruments) acquired Ophir Optronics Ltd. and High Q Laser GmbH to expand infrared optics and photonics instrumentation capabilities. Through this acquisition, the company was able to expand in infrared optics, lens assemblies; laser measurement instrumentation, laser power and energy meters and sensors and sensors and equipment portfolio. This has helped the company to better meet customers' demands and to expand its position in the market.

Keysight Technologies

Keysight Technologies headquartered in California, U.S., was founded in 2013. The company is engaged manufacturing and providing technological products and solutions to the customers. The company deals in business segments which are communications solutions group and electronic industrial solutions group out of which electronic industrial solutions group is the market focused business segment. The company offers wide range of product categories such as hardware and software out of which hardware is the market focused product category.

The company has wide global presence across the Asia-Pacific, Europe, Middle East and Africa, South America, North America, generates revenue from subsidiaries such as Ixia (U.S.), Eggplant (U.K.), Anite (U.K.), Keysight Technologies UK (U.K.), Keysight Technologies Singapore (Sales) Pte. Ltd. (Singapore) and others. For instance,

  • In January 2020, Keysight Technologies won 2020 BIG Innovation Award presented by the Business Intelligence Group for their test and measurement equipment’s. This will help the company to enhance their presence in the market and to promote their products in the market.

VIAVI Solutions Inc.

VIAVI Solutions Inc. is headquartered in Arizona, U.S., which was founded in 1979. The company is engaged in manufacturing and providing intuitive instruments, systems and technologies for complex 5G and fiber networks. The company deals in business segments which are Network Enablement (NE), Service Enablement (SE) and Optical Security and Performance Products (OSP) out of which Optical Security and Performance Products (OSP) is the market focused business segment. The company offers wide range of product categories such as Fiber Test, Network Test & Certification, Wireless Test, Service Assurance & Analytics, Lab & Manufacturing Test, Enterprise Networks, Avionics Test, Radio Test, Emergency Alert Systems (EAS), Emergency Alert Systems (EAS), Emergency Alert System Platforms, Emergency Alert System Software, Salus EMS and Custom Optics & Pigments out of which Fiber Test is the market focused product category. The company has wide global presence across the North America, South America, Asia-Pacific, Europe, Middle East and Africa, generates revenue from subsidiaries such as Viavi Solutions do Brasil Ltda (Brasil), Aeroflex Wichita Inc (U.S.), Viavi Solutions India Private Limited (India), Responsys (U.S.), JDSU Korea Ltd (Korean) and others. For instance,

  • In March 2018, VIAVI Solutions Inc. announced the acquisition of the AvComm and Wireless Test and Measurement businesses of Cobham plc at USD 455 million. This has helped the company to enhance their offerings of test and measurement offerings in the market.