Ranking of Optical Module Shipments in 2022

In 2022, Chinese manufacturers dominated the global optical module market, occupying seven of the top ten positions, with Suntronics and Coherent leading the market.

1. Suntronics – Tied for 1st place, generating nearly $1.4 billion in revenue, holding a significant share of the global market .
2. Coherent (acquired Finisar) – Also tied for 1st, with revenue close to $1.4 billion .
3. Cisco (acquired Acacia) – Among the top four, benefiting from 400ZR/ZR+ optical module shipments .
4. Huawei – Ranked 4th, leading supplier of 200G CFP2 coherent DWDM modules .
5. Optotek / Optical Xun Technology – Ranked 5th, exceeding $600 million in revenue .
6. Hisense Broadband – Ranked 6th, also exceeding $600 million in revenue .
7. Xinyi Sheng – Ranked 7th, growing by supplying cloud computing companies .
8. Huagong Zhengyuan – Ranked 8th, another rising Chinese vendor .
9. Intel – Ranked 9th, developing jointly packaged optical devices .
10. Solstice Optoelectronics – Ranked 10th, acquired by a Chinese company, now considered a Chinese vendor .

• Chinese dominance: Seven of the top ten suppliers were Chinese, reflecting a significant increase from previous years when only one or two Chinese companies were in the Top 10 .
• Revenue concentration: Four vendors – Suntronics, Coherent, Cisco, and Huawei – held more than 50% of the global optical module market .
• Technological leadership: Huawei led in 200G coherent DWDM modules, while Cisco advanced in 400ZR/ZR+ modules .
• Emerging Chinese vendors: Xinyi Sheng and Huagong Zhengyuan successfully entered the global Top 10 by targeting cloud computing clients .
• Market trends: The number of overseas suppliers decreased, while Chinese suppliers expanded their global competitiveness and invested in homegrown supply chains .

This ranking highlights the rapid growth and global influence of Chinese optical module manufacturers in 2022, with Suntronics and Coherent at the forefront, and demonstrates the ongoing shift in market leadership toward Asia-based suppliers.