Worldwide fiber optic connector/mechanical splice consumption value reached $3.82 billion in 2016

ReportsWorldwide has announced the addition of a new report title Fiber Optic Connector & Mechanical Splice Global Market Forecast & Analysis 2016-2026 to its growing collection of premium market research reports.

This is the review and forecast of worldwide use of fiber optic connectors and mechanical splices in communication applications. This study is based on analysis of information obtained continually for over 30-years, and updated through the middle of March of 2017.

According to the new study, , the worldwide fiber optic connector/mechanical splice consumption value reached $3.82 billion in 2016. Multimode connector use is forecast to grow from nearly $2.46 billion in 2016 to over $3.2 billion in 2026. Multimode fiber is best suited for use in short lengths, such as those used in Local Area Networks (LANs), Data Centers (DCs) and other private enterprise applications, as well military/ aerospace, harsh environment and specialty applications (automotive, sensors, medical, oil/gas and others).

To view a detailed description and Table of Contents please visit: https://www.reportsworldwide.com/report/fiber-optic-connector--mechanical-splice-global-market-forecast--analysis-2016-2026

“The multimode LC small form factor connector is forecast to maintain the leadership position in relative market share throughout the forecast period,” said Stephen Montgomery, Director of the Fiber Optic Component group at ElectroniCast.

“Field-installable connectors for indoor and outdoor use are increasing in demand and thus are increasing in volume for several end-use options. Both mechanical-splice and fusion-splice technologies are meeting the requirements in the field-installable fiber optic connector availability,” Montgomery added.

The global fiber optic connector/mechanical splice consumption is driven by a dramatic increase in bandwidth demand beyond the limits of copper. As optical fiber use migrates closer and closer to the end user, where cable lengths are shorter with higher fiber counts, the requirements for jointing fibers becomes more critical. Splicing and connecting, play a significant role in a network’s cost and performance.

There are over 90 vendors competing for the global fiber optic connector/ mechanical splice market, which ElectroniCast tracks in a product matrix showing participation in the following: connectors, cable assemblies, optical backplanes, and fiber optic installation apparatus; however, is dominated by a few companies that have a broad base in various interconnect products.

This report is available immediately from ReportsWorldwide
For detailed information on this or other services provided by ReportsWorldwide, please contact @ https://www.reportsworldwide.com/enquiry?report_id=8319

About ReportsWorldwide

ReportsWorldwide.com is a leading provider of global market intelligence reports and services. With research reports from top publishers, consulting and advisory firms, ReportsWorldwide.com offers instant online access to a growing database of expert insights on global industries, companies, products, geographies and trends.

Press Contact:
Abigail Crasto
Senior Vice President
101, Arch Street
Boston, MA 02110
US
Phone +1 (617) 398-4994
Fax +1 (617) 398-4995
abigail@reportsworldwide.com

This release was published on openPR.