Optomechanicalswitch market to grow rapidly

North American consumption of fiberoptic optomechanical M ¥ N switches in 1993 totaled $15.76 million and will increase at a rate of 22% annually over the next five years to $43.35 million in 1998 and to $106.24 million by 2003, according to a market study by ElectroniCast (San Mateo, CA). Datacommunication equipment grabbed 53% ($8.29 million) of the 1993 market, but its share should decline to 45% by 1998 and to 33% by 2003. The military/aerospace industry is predicted to increase from a 1