Press release
Fiber-optic couplers Market to Register a Stout Growth by 2028-end
Due to increasing reliance of organizations on IT, the demand for robust, agile and cost effective IT infrastructure is growing rapidly and supporting the Fiber-optic couplers market. The fabric-optic couplers market is expanding rapidly as the telecom services providers in this modern era are moving towards fiber based networking services.Increasing advancements in the telecom industry are one of the major factors driving the growth of the fiber-optic couplers market worldwide. In parallel to this, customer expectation of next-generation communication solutions, including higher speeds and shorter latency, are some of the key growth factor for global fabric-optic couplers market.
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Key Players
Some of the major players in the global Fiber-optic couplers market are
Fiber Optic Network Technology Co.
Fiberpon Technology Co., Ltd.
Fibersense & Signals
Gould Fiber Optics
Radiant
Fouress Network Solutions
AMC Optics
Belkin.
Fiber-optic couplers market: Drivers and Challenges
The global Fiber-optic couplers market is anticipated to witness substantial growth over the forecast period. The major growth drivers in the fiber-optic couplers market include increasing demand for networking instruments and increasing demand for high speed broadband connectivity. In addition, use of fiber-optic couplers in various industry verticals is projected to drive the growth of the fiber-optic couplers market during the forecast period.
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Fiber-optic couplers market: Segmentation
Segmentation of the Fiber-optic couplers market on the basis of Type:
Y Fiber-optic Couplers
T Fiber-optic Couplers
Star Fiber-optic couplers
Tree Fiber-optic couplers
Others
In 2017, the Y fiber-optic couplers sub-segment held the maximum market share in the fiber-optic couplers market. The star fiber-optic couplers segment is projected to register high growth rate in the global fiber-optic couplers market.
Segmentation of the Fiber-optic couplers market on the basis of Application:
Telecommunication
Automotive
Aerospace
Electronics
Others.
Due to rapid technological advancements, the telecommunication market is expected to register more that 7.0% CAGR in the global fiber-optic couplers market. The telecommunication sub-segment is expected to hold maximum market share in 2018 in the global fiber-optic couplers market.
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