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Fiber Optic Connectors Market 2020: Size, Share, Trends And Industry Growth Analysis | Siemens, T.E. Connectivity, Delphi, Adtek Group Limited, Shenzhen DYS Fiber Optic Technology Co. Ltd

05-13-2020 09:12 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Fiber Optic Connectors Market 2020: Size, Share, Trends

Fiber optic connectors exhibit a rapid adoption in enterprises as they enhance the network structure and increase the efficiency of operations. Fiber optic connectors offer greater bandwidth, enhanced reliability and agility, and improved security. The increasing adoption of smartphones and other devices has resulted in a huge demand for high-speed data services, a key factor that accelerates the growth of fiber optic connectors. The increasing fiber-to-the-premises, fiber-to-the-home and fiber-to-the-building applications for improved high bandwidth services also supplement the growth of fiber optic connectors market. Key players in the market are increasingly developing high quality, affordable, compact and energy efficient connectors to cater the growing demands of the customers.

The global market is expected to garner $4.9 billion by 2020, registering a CAGR of 9.9% during the period 2015-2020.

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The major players in the market include Siemens, T.E. Connectivity, Delphi, Adtek Group Limited, Shenzhen DYS Fiber Optic Technology Co. Ltd, Extron Electronics, Amphenol Corporation, Molex Incorporated, 3M, and Optical Cable Corporation. These players introduce new products to enhance their portfolios and cater to the growing needs of the consumers. Partnerships and collaborations provide growth opportunities to these players in terms of enhancing the product portfolio and geographic expansion.

Lucent fiber optic connectors are deployed in high-density connections, local area networks, telecommunication networks, community antenna television (CATV), data processing networks, fiber-to-the-home (FTTH), and fiber-to-the-premises (FTTP) distribution. Lucent fiber optic connectors held the maximum percentage share in the global fiber optic connectors market in 2014, followed by the segment of subscriber connectors accounting for a share of 29.2% of the global market in 2014. Subscriber connectors are forecast to grow at a CAGR of 11.3% during 2015-2020. In the coming years, lucent connectors, subscriber connectors, and Multi-Fiber Termination Push On/Pull Off (MTP) connectors would further increase the market penetration owing to their wide application areas.

Fiber optic connectors are increasingly being used in the security sector. The rising need of data security in the defense and aerospace sector has boosted the growth of this market. There is a huge demand for fiber optics connectors in the security sector for inherent security, huge bandwidth capabilities and protection against interference. The application of fiber optic connectors in security systems is forecast to register a CAGR of 12.4% during 2015-2020 and is expected to provide potential growth opportunities for players in this market.

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Fiber optic connectors exhibit a rapid adoption in enterprises as they enhance the network structure and increase the efficiency of operations. Fiber optic connectors offer greater bandwidth, enhanced reliability and agility, and improved security. The increasing adoption of smartphones and other devices has resulted in a huge demand for high-speed data services, a key factor that accelerates the growth of fiber optic connectors. The increasing fiber-to-the-premises, fiber-to-the-home and fiber-to-the-building applications for improved high bandwidth services also supplement the growth of fiber optic connectors market. Key players in the market are increasingly developing high quality, affordable, compact and energy efficient connectors to cater the growing demands of the customers.

The high initial investment associated with the fiber optic connectors, limits its market growth. Also, fiber optic connectors face a threat from emerging wireless broadband technologies. Numerous governments are heavily investing in the replacement of coaxial cables with fiber optic cables across all public communication networks. Several initiatives are taken by governments across the world to improve the network infrastructure in their countries, thereby increasing the connectivity within the region and subsequently enhancing the business opportunities.

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CHAPTER 1 INTRODUCTION

1.1 Report Description
1.2 Key Benefits
1.3 Key Market Segments
1.4 Research Methodology

1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tool And Models

CHAPTER 2 MARKET OVERVIEW

2.1 Executive Summary
2.2 CXO Perspective
2.3 Market Definition And Scope
2.4 Key Findings

2.4.1 Top Impacting Factors
2.4.2 Top Investment Pockets
2.4.3 Top Winning Strategies

2.5 Porters Five Forces Analysis

2.5.1 Established Players, High Investment And Competitive Pricing Reduces The Threats Of New Entrants
2.5.2 Availability Of Wireless Broadband Services Increases The Threat Of Substitution
2.5.3 Low Product Differentiation, Limited Monopoly And Low Switching Cost Reduces The Bargaining Power Of Suppliers
2.5.4 Low Product Differentiation, And Low Switching Costs Increases The Bargaining Power Of Buyers
2.5.5 Low Product Differentiation, Low Switching Costs, And Limited Product Offerings Increases The Rivalry In The Market

2.6 Value Chain Analysis
2.7 Market Share Analysis, 2014
2.8 Case Studies
2.9 Market Dynamics

2.9.1 Drivers

2.9.1.1 Increasing Demand For High Bandwidth
2.9.1.2 Greater Safety Concerns
2.9.1.3 Wider Applications
2.9.1.4 Increased Application Of FTTH
2.9.1.5 Increased Adoption Of Mobile Devices

2.9.2 Restraints

2.9.2.1 High Investment
2.9.2.2 Growing Adoption Of Wireless Broadband And Other Technologies
2.9.2.3 New Infrastructure Requirements

2.9.3 Opportunities

2.9.3.1 Increased Investments By Governments
2.9.3.2 Diverse Applications
2.9.3.3 Emerging Economies

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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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