2025年深度研究：MPO连接器专题

Summary of MPO Connector Industry Research Industry Overview - The MPO connector industry is experiencing a surge in demand driven by AI requirements, particularly in data centers, which have become the mainstream application scenario for MPO connectors, including backbone cables, jumpers, branch cables, and conversion cables [1][3][5] Key Growth Drivers 1. Overall Demand Release and Rate Iteration: The demand for optical modules is increasing, leading to a rise in both quantity and price of MPO connectors. The upgrade from 400G optical modules using 8/12 cores to 800G/1.6T modules using 16/24 cores significantly enhances product value [1][5][6] 2. Structured Cabling System Upgrade: Traditional point-to-point cabling is being replaced by structured cabling, which offers greater flexibility and scalability. This transition increases the demand for MPO connectors due to the need for intermediate devices like patch panels and adapters [1][7] 3. CPO Technology Catalysis: CPO technology does not affect external MPO usage but creates new internal application scenarios within switches, increasing the demand for multi-core and thin MPO products [1][8] Core Applications - MPO connectors play a crucial role in telecommunications and data centers, with AI demand significantly driving MPO usage in data centers. The main applications include backbone cables, jumpers, branch cables, and conversion cables [2][3] Market Dynamics - The MPO market is characterized by a shift towards high-density connections, with the ability to support multiple fiber cores (8, 12, 24, etc.), which reduces cabling complexity and space requirements in data centers [2][3] Key Players and Business Performance - Longxin Bochuang: Expected to contribute over 1 billion in revenue this year, with a projected growth rate exceeding 50% next year, driven by deep integration with Google and breakthroughs with major clients like Meta [3][14] - Taichen Optics: Contributes a significant portion of revenue from MPO business, with ongoing developments in CPO and new products like flexible optical boards, which have already generated tens of millions in revenue [3][15] - Shijia Bochuang: Achieved substantial growth in optical chip and device business due to increased demand for high-speed optical modules [12][13] Emerging Technologies - Flexible Optical Boards: A new product designed to optimize fiber arrangement in limited spaces, showcased by Taichen Optics, which aims to enhance internal interconnect bandwidth in data centers [10] Supply Chain Insights - Key suppliers include MT connectors and optical fibers, with major players being overseas manufacturers like ESCO and domestic suppliers like Fokxima. Midstream manufacturers include Bochuang, Changxin Bochuang, and others, with strategic acquisitions to enhance NPO product supply [11] Conclusion - The MPO connector industry is poised for significant growth driven by technological advancements, increasing demand for data center bandwidth, and strategic partnerships among key players. The transition to structured cabling and the rise of AI applications are critical factors influencing this market's trajectory [1][3][5][9]