Fibre Optic Connector Market to Garner Brimming Revenues by 2028
Posted by Shabina on April 29th, 2021
Optical fibre connectors terminate the end of an optical fibre. This enables quicker connection and disconnection than splicing. These connectors couple and align the cores of fibres mechanically which permits the light to pass. The loss of light from these is insufficient due to misalignment or reflection of the fibres. Long distance cabling is the major application for which fabricators manufacture fibre optic connectors, in bulk. These connectors are made of ultra-pure quartz. The global fiber optic connector market size was valued at USD FIBRE OPTIC CONNECTOR million in 20FIBRE OPTIC CONNECTOR and is expected to reach up to USD FIBRE OPTIC CONNECTOR million by 2025, growing at a CAGR of FIBRE OPTIC CONNECTOR%
Market Dynamics:
Rising adoption of fibre optic technology has main driven the global marketplace. The rising consumer preference towards high bandwidth communication, high speed data requirements, emerging opportunities in healthcare sector is expected to fuel the technologies market, and thereby directly affect the connectors market. Growing government funding for telecommunication infrastructure development and investments & research, is expected to facilitate a high growth rate for the global fiber optic connector market during the forecast period.
Market Players:
The global fiber optic connector market has a number of global and regional players. The key players include 3M Company, Alcatel-Lucent SA, Arris Group, Inc., Corning, Inc., Furukawa Electric Co., Ltd., OFS Fitel, LLC, Optical Cable Corporation, Sterlite Technologies Ltd. and TE Connectivity Ltd. among other.
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Market Segmentation:
Global fiber optic connector market is classified on the basics of application, type and geography. On the basis of application the targeted market is segmented into datacenter, telecommunication, high density interconnection, inter/intra building, security systems, community antenna television and other. Based on the type the market is segmented into fiber connector ,lucent connectors, straight tip, master unit and sub multi assembly.
Market segmented on the basis of Application:
• Datacenter
• Telecommunication
• High Density Interconnection
• Inter/Intra Building
• Security Systems
• Community Antenna Television
• Other
Market segmented on the basis of Type:
• Lucent Connector (LC)
• Multi-Fiber Termination Push On/Pull Off (MTP)
• Subscriber Connector (SC)
• Straight Tip (ST)
• Fiber Connector (FC)
• Master Unit (MU)
• Fiber Distributed Data Interface (FDDI)
• Sub Multi Assembly (SMA)
Market segmented on the basis of region:
• North America
• US
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Australia
• Rest of Asia-Pacific
• Latin America
• Brazil
• Rest of Latin America
• Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA
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