Global Fiber Optic Connectors Market is Estimated to Mask a CAGR of 7.8% by 2023
A recent report by KD market insights titled as "Fiber Optic Connectors Market - By Product (SC, LC, FC, ST, MTP/MPO, Others), By Cable Type (Simplex, Duplex, Multi-Fiber), By Application (Datacom, DWDM systems, High-Density Interconnection, Inter/Intra Building, Security Systems, Community Antenna Television, Others), By End-User (IT, Telecommunication, Automotive, BFSI, Manufacturing, Government, Healthcare, Aerospace and Defense, Others) & Global Region - Market Size, Share, Trends and Forecast 2018-2023" provides the key trends, opportunities and challenges market will face in the forecasted period of 6 years i.e. 2018-2023. The study also provides the Fiber Optic Connectors Market competitors share and region wise analysis around the globe.
The Fiber optic connectors market is likely to mask a CAGR of 7.8% during the projected period. Further, the market was held at USD 2.8 billion in 2017 and is anticipated to reach a valuation of USD 5.7 billion by the end of the projected period. A fiber optic connector is a device that connects fiber cables or joins two fiber connections without splicing. Fiber optic systems are used in various applications such as health care, power energy, railways and others where optical signals are delivered via fiber. These connectors join the ends of fiber-optic cables and help them plug into a signal transmitter, receiver, repeater, and splitters.
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Growth Drivers and Restraints
The fiber optic connectors transfer the high data rate and information over distant areas as compared to copper links. Moreover, the increasing number of internet users along with the decreasing prices of data plans across the globe has led to a substantial rise in the use of data consumption. This factor leads to the demand for fiber optic connectors in the telecommunication industry. Additionally, the advancement in the fiber optic cable over the internet of things (IOT) is the major factor which is anticipated to robust the growth of the global fiber optic connectors market over the forecast period. Furthermore, the fiber optic connectors have numerous appliances such as healthcare, power energy, railways, oil & gas industry, and others. These applications are positively influencing the growth of fiber optic connectors market. Moreover, the increase in government investment over telecommunication is poised to drive the growth of the fiber optic connectors market over the forecast period.
Further, increasing awareness of data security during the broadcast is anticipated to increase the growth of the global fiber optic connectors. By region, North America is anticipated to hold a substantial market share in the forecast period. As the investments in data rate is considerably high in North America countries as compare to other countries, so this factor is poised to drive the growth of the fiber optic connectors market in coming years.
However, the high installation costs of fiber optic connectors might hamper the market in the future. Moreover, the increasing technical issues related to the fiber optic connectivity market is expected to restrain the growth of the fiber optic connectors market.
Segmentation
The research offers a comprehensive analysis of fiber optic connectors market with respect to following sub-markets:
By Product
SC (Standard Connectors)
LC (Lucent Connectors)
FC (Ferrule Connector)
ST (Straight Tip)
MTP/MPO (Multiple-Fiber Push-On/Pull-Of Connector)
Others
By Cable Type
Simplex
Duplex
Multi-Fiber
By Application
Datacom
DWDM systems
High-Density Interconnection
Inter/Intra Building
Security Systems
Community Antenna Television
Others
By End-User
IT (information technology)
Telecommunication
Automotive
BFSI (Banking, financial services and insurance)
Manufacturing
Government
Healthcare
Aerospace and Defense
Others
By Geography
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive landscape
The report profiles various major market players such as,
Alcatel-Lucent SA
ZTE Corporation,
Broadcom Limited
Corning Cable Systems LLC
Hitachi Ltd
Amphenol Corporation
Molex Incorporated
Extron Electronics
TE Connectivity Ltd
Optical Cable Corporation
Corning Cable Systems
Arris Group Inc
Other Prominent Players
Browse Full Report With TOC@ https://www.kdmarketinsights.com/product/fiber-optic-connectors-market
Table of Contents@
Research Methodology
Market Definition and List of Abbreviations
Executive Summary
Growth Drivers & Issues in Global Fiber Optic Connectors Market
Global Fiber Optic Connectors Market Trends
Opportunities in Global Fiber Optic Connectors Market
Recent Industry Activities, 2017
Porter's Five Forces Analysis
Market Value Chain and Supply Chain Analysis
Products Average Price Analysis, By Country
Global Fiber Optic Connectors Market Value (USD Million), 2017-2023
10. Global Fiber Optic Connectors Market Segmentation Analysis, By Product
10.1. Introduction
10.2. Market Attractiveness, By Product
10.3. BPS Analysis, By Product
10.4. SC (Standard Connectors) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.5. LC (Lucent Connectors) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.6. FC (Ferrule Connector) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.7. ST (Straight Tip) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.8. MTP/MPO (Multiple-Fiber Push-On/Pull-Of Connector) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.9. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11. Global Fiber Optic Connectors Market Segmentation Analysis, By Cable Type
11.1. Introduction
11.2. Market Attractiveness, By Cable Type
11.3. BPS Analysis, By Cable Type
11.4. Simplex Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.5. Duplex Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.6. Multi-Fiber Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12. Global Fiber Optic Connectors Market Segmentation Analysis, By Application
12.1. Introduction
12.2. Market Attractiveness, By Application
12.3. BPS Analysis, By Application
12.4. Datacom Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.5. DWDM systems Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.6. High-Density Interconnection Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.7. Inter/Intra Building Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.8. Security Systems Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.9. Community Antenna Television Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.10. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
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