Handheld Optical Power Meter Market Size, Share, and Industry Analysis, By Type (Single Channel, 2 Channel, 4 Channel, and Others), By Power Type (High, Medium, and Low), By Application (Optical Fiber Sensor, Optical Fiber Communication, Construction and Maintenance of Optical Cable, Telecom and CATV Network Maintenance, and Others), and Regional Forecast, 2024-2032

Handheld optical power meters measure the optical power transmitted through fiber optic cables. Optimizing and maintaining optical networks and their components relies on handheld optical power meters.

The global handheld optical power meter market is driven by several key factors, including the increasing demand for high capacity in the telecommunications industry, the need for highly accurate optical power meters, technological advancements, improved connectivity, and the growing requirement for real-time analysis. According to an industry expert, by 2030, it is projected that 5G and 6G will increase connectivity to around 80% of the worldwide population. Additionally, concerns about safety and environmental regulations, the necessity for device accuracy in error detection and inspection, and the expanding use of automation applications are contributing to the growth of the handheld optical power meter market in the foreseeable future. However, challenges such as lack of awareness and technical knowledge, difficulties in maintaining dynamic range, and the high cost of testers could impede the market growth.

The global economy has been significantly affected by COVID-19, and the handheld optical power meter market is not an exception. The pandemic has disrupted supply chains and production, impacting the demand for optical power meters. Despite this, handheld optical power meters have been increasing in the telecommunications industry, data centers, and other areas, helping maintain a relatively stable demand. The need for dependable and high-speed communication networks has grown during the pandemic due to the transition to remote work and online education. While COVID-19 caused disruptions in the handheld optical power meter market, the rising demand for high-speed and reliable communication networks is expected to fuel long-term growth.

Segmentation:

Key Insights: 

The report covers the following key insights:

• Micro and Macro Economic Indicators


• Drivers, Restraints, Trends, and Opportunities         


• Business Strategies Adopted by Key Players

Analysis by Application:

Based on application, the market has been segmented into optical fiber sensor, optical fiber communication, construction and maintenance of optical cable, telecom and CATV network maintenance, and others.

In 2023, the optical fiber sensor segment reported the largest market share. These meters are used in optical fiber sensor applications to gauge the power output of optical sensors utilized for measuring temperature, pressure, or strain. The meter can accurately measure power levels transmitted through fiber optic cable, making it useful for testing and troubleshooting fiber optic networks.

Regional Analysis:

By geography, the handheld optical power meter market has been studied across five regions: North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Asia Pacific dominated the market in 2023. The market growth in this region is driven by the increasing telecommunication industry, growing challenges in the power grid, digitalization, rapid industrialization, and higher adoption rates of optical test equipment. The Asia Pacific market is expected to experience rapid growth due to the increasing requirement for high bandwidth communication and the rising demand for research and development activities. These are the factors that forecast a growing demand for the handheld optical power meter market in the future.

Distribution of the Handheld Optical Power Meter Market, By Region:

• North America – 25%


• South America – 8%


• Europe – 20%


• Middle East & Africa – 11%


• Asia Pacific – 36%

Key Players:

The report comprises the profiles of key players such as JDSU, ShinewayTech, SUN Telecom, Yokogawa, FOD, Datang Telecom, Noyafa, Sichuan Jiuzhou, W&W, Guangwo, ROHDE & SCHWARZ, Shenzhen Ruiyan, S.G.X, Shanghai Yuwei, and Keysight.

Key Industry Developments:

• In October 2023, HFR Networks announced the launch of flexiTester. The handheld device can be operated by a Smartphone app to conduct field tests on wavelengths and services. This device is part of the company’s Edge Access and xHaul RAN Transport solutions.


• In October 2022, INTEC GmbH unveiled the pure fiber tester, the latest ARGUS 240 Optical xPON Tester. The ARGUS 240 is capable of reliably testing at XGS-PON and GPON interfaces and is equipped with numerous other test functions, including triple play tests (IPTV, VoIP, data), wireless, iperf, or speed tests.