Global long haul optical equipment market to grow to $3.2 billion by 2008, according to Probe Group

28 October 2003 Cedar Knolls, NJ Lightwave --As carriers begin to recover from the recent glut of capacity, growth will be spurred in the long haul optical equipment market, according to a new report from Probe Group, which forecasts the global market for long haul SONET/SDH and WDM equipment. Probe expects that total long haul optical equipment revenues will reach $3.2 billion by 2008, with a CAGR of 5.3% from 2003 to 2008.

"Long haul networks have been overbuilt and still suffer from unused capacity," comments Probe Vice President Maria Zeppetella. "However, as we approach 2006, many incumbent long haul networks will reach their capacity limitations and will require upgrades with new systems.

"As only a gradual recovery from the fall in carrier capital spending is expected over the next five years," she says, "equipment vendors will emphasize the opportunity for carriers to reduce cost of ownership by using new equipment." Thanks to new components, equipment will cost less and be more energy efficient, encouraging carriers to upgrade.

Probe's recent report, "Global Long Haul Optical Transport Markets, 2002-2008," forecasts the global market for SONET, SDH and WDM equipment. This report is part of the Optical Infrastructure Markets service, which provides ongoing quantitative and competitive analysis of the optical equipment market.