Fiber-Optic Attenuator Market to Witness Significant Growth in the Coming Years

Fiber-optic attenuator is as electronic device which primarily lowers and reduces the amplitude of an electronic signal. It is device which primarily consist a unique arrangement of resistors which helps in to reduce the strength of an audio and radio signal. Fiber-optic attenuators are majorly used is fiber optic communications. The fiber-optic attenuator market is segmented by type which includes fixed attenuators, loopback attenuators, flange style fiber optical attenuator, adjustable fiber optical attenuator and built-in variable attenuators among others. The market for fiber-optic attenuator is segmented on the basis of application which includes test and measurement equipment, local area networks (LAN), telecommunications networks and cable television (CATV) systems, power devices, fiber optic sensors and electronic devices among others. The market for fiber-optic attenuator has been segmented geographically into Asia Pacific, Europe, North America, South America and Middle East and Africa.

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Fiber optic attenuator name is based on the attenuation level and type of connector. Increasing advancement in the field of telecommunication networking is one of the major driving factors for the market. Fixed value fiber optic attenuators primarily reduce the power of fiber light at a fixed value loss. There are also different sort of handheld variable fiber optic attenuators; which have found applications across test equipment. Testing instruments along with fiber optic sensors are some of the major application areas for the fiber optic attenuators. Increasing number of semiconductor manufacturing stations along with rising demand for high end networking devices is contributing in the development of the fiber optic attenuators market in developing economies. The fiber optic attenuators are generally used to test power level margins which in turn are increasing its application in different industries like consumer electronics, power generation, automotive among others. Rising demand for reliable yet cost effective solutions for testing and controlling power levels is boosting the market growth for fiber optic attenuators globally. Design complexities are one of the major restraining factors of the market which may inhibit the growth of the market over the forecast period. However, research activities in the field of fiber-optic attenuator is opening huge application opportunities in medical, lab equipment and automotive which may fuel the growth for the market in near future.

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In 2016, North America is dominating the market for fiber-optic attenuator in terms of value, followed by Asia Pacific and Europe globally. In North America, the U.S. is leading the market for fiber-optic attenuator, followed by Canada and Mexico. China is leading the market for fiber-optic attenuator owing to its increasing application of high end transistors across different industries for better operations, followed by Japan, South Korea, Taiwan and India among others. Increasing number of semiconductor companies along with growing industrialization are also contributing in the market growth IN Asia Pacific. The Asia Pacific region is anticipated to register fastest growth in the fiber-optic attenuator market. Germany, France, Italy and the U.K contributed prominent shares in the fiber-optic attenuator market in terms of revenue across Europe. South Africa, the U.A.E and Brazil are holding prominent position in the fiber-optic attenuator market across Middle East and Africa and South America.

KINSOM Technology Limited (China), Thorlabs, Inc.(The U.S.), 3M (The U.S.), FLEXOPTIX GmbH (Germany), Molex Incorporated (The U.S.), Amphenol Corporation (The U.S.), Furukawa Electric Co., Ltd. (Japan), DiCon Fiberoptics (The U.S.) and Alcoa Fujikura, Ltd. (The U.S.) among others are some of the prime players operating in the fiber-optic attenuator market globally. Research activities along with business partnerships with other companies are some of the major business strategies followed by the companies. Strengthening business relationships with the raw material suppliers and distributers along with geographical expansion by establishing new research centers and sales offices are some of the prime business strategies adopted by the companies.

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