Press release
Global Fiber Optic Connectors Market is Estimated to Mask a CAGR of 7.8% by 2023 | Top Key Players – Alcatel-Lucent SA, ZTE Corporation, Broadcom Limited, Corning Cable Systems LLC
The Fiber optic connectors market is likely to mask a CAGR of 7.8% during the projected period. Further, the market was held at USD 2.8 billion in 2017 and is anticipated to reach a valuation of USD 5.7 billion by the end of the projected period. A fiber optic connector is a device that connects fiber cables or joins two fiber connections without splicing. Fiber optic systems are used in various applications such as health care, power energy, railways and others where optical signals are delivered via fiber. These connectors join the ends of fiber-optic cables and help them plug into a signal transmitter, receiver, repeater, and splitters.
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Growth Drivers and Restraints
The fiber optic connectors transfer the high data rate and information over distant areas as compared to copper links. Moreover, the increasing number of internet users along with the decreasing prices of data plans across the globe has led to a substantial rise in the use of data consumption. This factor leads to the demand for fiber optic connectors in the telecommunication industry. Additionally, the advancement in the fiber optic cable over the internet of things (IOT) is the major factor which is anticipated to robust the growth of the global fiber optic connectors market over the forecast period. Furthermore, the fiber optic connectors have numerous appliances such as healthcare, power energy, railways, oil & gas industry, and others. These applications are positively influencing the growth of fiber optic connectors market. Moreover, the increase in government investment over telecommunication is poised to drive the growth of the fiber optic connectors market over the forecast period.
Further, increasing awareness of data security during the broadcast is anticipated to increase the growth of the global fiber optic connectors. By region, North America is anticipated to hold a substantial market share in the forecast period. As the investments in data rate is considerably high in North America countries as compare to other countries, so this factor is poised to drive the growth of the fiber optic connectors market in coming years.
However, the high installation costs of fiber optic connectors might hamper the market in the future. Moreover, the increasing technical issues related to the fiber optic connectivity market is expected to restrain the growth of the fiber optic connectors market.
Segmentation
The research offers a comprehensive analysis of fiber optic connectors market with respect to following sub-markets:
By Product
- SC (Standard Connectors)
- LC (Lucent Connectors)
- FC (Ferrule Connector)
- ST (Straight Tip)
- MTP/MPO (Multiple-Fiber Push-On/Pull-Of Connector)
- Others
By Cable Type
- Simplex
- Duplex
- Multi-Fiber
By Application
- Datacom
- DWDM systems
- High-Density Interconnection
- Inter/Intra Building
- Security Systems
- Community Antenna Television
- Others
By End-User
- IT (information technology)
- Telecommunication
- Automotive
- BFSI (Banking, financial services and insurance)
- Manufacturing
- Government
- Healthcare
- Aerospace and Defense
- Others
By Geography
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive landscape
The report profiles various major market players such as,
- Alcatel-Lucent SA
- ZTE Corporation,
- Broadcom Limited
- Corning Cable Systems LLC
- Hitachi Ltd
- Amphenol Corporation
- Molex Incorporated
- Extron Electronics
- TE Connectivity Ltd
- Optical Cable Corporation
- Corning Cable Systems
- Arris Group Inc
- Other Prominent Players
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Table of Contents@
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Fiber Optic Connectors Market
3. Global Fiber Optic Connectors Market Trends
4. Opportunities in Global Fiber Optic Connectors Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Products Average Price Analysis, By Country
9. Global Fiber Optic Connectors Market Value (USD Million), 2017-2023
10. Global Fiber Optic Connectors Market Segmentation Analysis, By Product
10.1. Introduction
10.2. Market Attractiveness, By Product
10.3. BPS Analysis, By Product
10.4. SC (Standard Connectors) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.5. LC (Lucent Connectors) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.6. FC (Ferrule Connector) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.7. ST (Straight Tip) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.8. MTP/MPO (Multiple-Fiber Push-On/Pull-Of Connector) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11. Global Fiber Optic Connectors Market Segmentation Analysis, By Cable Type
11.1. Introduction
11.2. Market Attractiveness, By Cable Type
11.3. BPS Analysis, By Cable Type
11.4. Simplex Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.5. Duplex Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.6. Multi-Fiber Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12. Global Fiber Optic Connectors Market Segmentation Analysis, By Application
12.1. Introduction
12.2. Market Attractiveness, By Application
12.3. BPS Analysis, By Application
12.4. Datacom Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.5. DWDM systems Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.6. High-Density Interconnection Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.7. Inter/Intra Building Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.8. Security Systems Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.9. Community Antenna Television Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.10. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
Continue…
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KD Market Insights has come with the idea of helping business by intelligent decision making and thorough understanding of the industry. We offer a comprehensive database of syndicated research, customized reports as well as consulting services to help a business grow in their respective domain. At KD Market Insights, we offer our client a deep Market research reports accompanied by business consulting services that can help them to reach on top of the corporate world. Our customized reports are built by keeping all factors of the industry in mind.
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