Press release
Global Fusion Splicer Market Rising Trends, Technology and Business Outlook 2021 to 2025 -Furukawa Electric Co., Ltd., - Sumitomo Electric Industries, Ltd
Market Insights Reports released a new study on 2021-2025 Fusion Splicer Market with 100+ data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis.The Global Fusion Splicer Market Report provides an in-depth assessment of the given sector’s current position and central factors. The study considers the present scenario of the Fusion Splicer market and its market dynamics for the period 2021-2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
The fusion splicer market was valued at USD 631.37 million in 2019 and is expected to reach USD 855.82 million by 2025, at a CAGR of 5% over the forecast period 2020 - 2025.
Covid-19 Impact and Recovery Analysis:
The global Fusion Splicer market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.
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Top Key Players in the Global Fusion Splicer Market: - Furukawa Electric Co., Ltd., - Sumitomo Electric Industries, Ltd., - Ilsintech Co., Ltd., - Fujikura Ltd., - INNO Instruments, Inc., - Darkhorsechina (Beijing) Telecom. Tech. Co., Ltd., - Nanjing Jilong Optical Communication Co., Ltd., - China Electronics Technology Group Corporation, - Shenzhen Ruiyan Communication Equipment Co., Ltd., - Shanghai Xianghe Optical Fiber Communication Co., Ltd., - Signal Fire Technology Co., Ltd., - Fiberfox, Inc., - Greenlee Communication, - Eloik Communication Equipment Technology Co., Ltd., - Nanjing Jilong Optical Communication Co.,Ltd., - GAO Tek & GAO Group Inc., - Skycome Express LLC
Industry Updates:
- February 2019 - Furukawa Electrical Co., Ltd. announced the precisely designed FITEL S185 series of fusion splicers for the combination of special optical fibers used in optical components, optical sensors, and fiber lasers. The fusion splicer series is a cost-effective and economical splicer for technoscientific fibers as well as polarization-maintaining fibers (PM Fiber) and large-diameter fibers (LDF). The range includes three splicers: S185PM, S185HS, and S185LDF, with S185PM and S185HS splicers intended for optical component use with PM fiber
- September 2018 - In September 2018 Sumitomo Electric Industries, Ltd. launches an upgraded version of T-55 splicer a new core-alignment fusion splicer, T-57. The new fusion Splicer is improved with better battery size, light in weight, small in size, and crafty user interference with a smooth touch screen. This device can work in hard habitat by its water-proof dust-proof model and up to a altitude of 6000 meters and 50C temperature
Key Market Trends
Telecom and Enterprise Application to Continue Dominating the Market
- Experiencing a high market demand for the fusion splicers across Telecom and enterprise industry verticals, market players are setting a large focus on building their product offerings of advanced products for the objective of intensifying their market reach and the sales revenues. This selective perspective of the fusion splicer market has considerably stimulated the decision of companies to expand the companys product offerings.
- The telecom industry is mounting growth at a steady pace as well. Telecom accounts for the majority of the markets revenue with a market share of almost 65% in regions like APAC (GAO Tek & GAO Group Inc). The primary use of the fusion splicer market in the telecommunications sector is in the installation of fiber-optic aerial cables outside plants or fuse fibers in underground cable installations.
- Telecommunications companies invest in fusion splicing for their long haul single-mode networks. Additionally, assessing the growing consumer preference towards innovative and technologically superior and advanced products, enterprises are firm to strengthen their technological abilities. Businesses are performing so through cooperation contracts with the principal enterprises, firms.
Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Significant Features and Key Highlights of the Reports:
– Detailed overview of Fusion Splicer Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Fusion Splicer Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global Fusion Splicer market?
- What are the key concerns of the five forces analysis of the Global Fusion Splicer market?
- What are different prospects and threats faced by the dealers in the Global Fusion Splicer market?
- What are the strengths and weaknesses of the key vendors?
The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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