India Fiber Optic Testing Equipment Market
Posted by chetana on March 9th, 2020
India Fiber Optic Testing Equipment Market was valued US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at CAGR of XX% during forecast period of 2020 to 2027.
India Fiber Optic Testing Equipment Market Drivers and Restrains:
Fiber optic testing equipment is a special type of optoelectronic instrument that is used to calculate the major performance aspects like quality in several fiber optic devices, fiber optic cables, systems, components, faults, and power. It is also used to confirm and monitor the accurate passage of light and helps in troubleshooting the system. Fiber optic test equipment has a wide range of applications to deliver more accurate power losses, attenuation losses, and proper detection and inspection of the errors.
Rising demand from the telecommunications industry in the nation is expected to be one of the major growth drivers over the forecast period. The telecommunication companies in the country are taking initiatives to strengthen the 5G infrastructure in India. e.g., telecommunication industry collaboratively taken the initiative to launch an Open Test and Integration Center (OTIC) in India. In this collaboration, companies containing Reliance Jio, China Mobile, among others. Such initiatives are anticipated to propel the adoption of fiber optic testing equipment market. According to the India Brand Equity Foundation, India is the world’s second largest telecommunications market, total telephone subscriber base, and teledensity reached 1,195.24 Mn and 90.52%, respectively, at the end of September 2019.
The increasing investments in the smart city initiatives in the country is also expected to fuel the fiber optic testing equipment market. e.g., the Digital India initiative launched by the Government of India funds the development of large and complex fiber-optic networks across the country for delivering high-speed internet services to urban and rural areas. Various advanced technologies include Fiber to the X/fiber in the loop and LTE that need excellent connectivity, which are further impelling the demand of the fiber optic testing equipment in the country.
The India fiber optic testing equipment market is driven by the growing demand for higher bandwidth, increasing government investments, increasing advancements in existing fiber optics networks, and demand for fast and efficient data transfer. However, lack of skilled technicians and high maintenance costs coupled with high initial investment are restraining the market growth during the forecast period. Growth of the telecommunication industry and upgradation of existing fiber optics networks are expected to create beneficial opportunities for the key player in market over the upcoming period. Increasing the adoption of WI-FI and WIMAX are the major challenge for the fiber optic testing equipment market in the near future.
India Fiber Optic Testing Equipment Market Segmentation Analysis:
Based on the type, the optical time domain reflectometer (OPTR) segment has led the fiber optic testing equipment market in 2019 and is estimated to generate US$ XX Mn market revenue by the end of 2027, with a CAGR of XX%. OPTR is an electronic instrument, which is referred to in several organizations to verify the performance of an optical fiber. The quality and reliability of an OTDR is depend on its measurement range, accuracy, ability to measure and resolve closely spaced events, speed measurement, and ability to perform acceptably under various environmental conditions and after different types of fiber optic misuse. The remote fiber test system (RFTS) segment is expected to witness a growth rate of XX% during the forecast period owing to the rising demand in telecommunication network devices.
The optical light source segment is projected to grow at the CAGR of XX% over the forecast period owing to the benefits such as advanced electromagnetic radiation, link loss characterization, and detection of brakes & faults in the cables. These sources are referred to test the PON networks at various wavelengths providing cost-effective operations. The optical power meters has led the fiber optic testing equipment market owing to their functional and operational characteristics. These meters helps in the determination of incurred power loss in the optical media and retrieval the power capacities. These consist of calibrated sensors that measure the display and amplifier circuit.
The objective of the report is to present a comprehensive analysis of the India Fiber Optic Testing Equipment Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding India Fiber Optic Testing Equipment Market dynamics, structure by analyzing the market segments and project the India Fiber Optic Testing Equipment Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the India Fiber Optic Testing Equipment Market make the report investor’s guide.
Scope of the India Fiber Optic Testing Equipment Market:
India Fiber Optic Testing Equipment Market, by Type:
• Optical Time Domain Reflectometer (OTDR)
• Optical Light Source (OLS)
• Optical Power Meter (OPM)
• Optical Loss Test Set (OLTS)
• Remote Fiber Test System (RFTS)
• Optical Spectrum Analyzers (OSA)
India Fiber Optic Testing Equipment Market, by Form Factor:
• Bench Top/ Rack Mounted
India Fiber Optic Testing Equipment Market, by Application:
• Installation and Maintenance
• Measurement Solutions
• Research and Development
• Safety and Monitoring Solutions
India Fiber Optic Testing Equipment Market, by End Users:
• Telecommunications and Broadband
• Cable TV
• Private Enterprises
• Oil & Gas Industries
• Military & Aerospace
• Data Centers
India Fiber Optic Testing Equipment Market, Major Players:
• Anritsu Corporation
• Keysight Technologies
• JDS Uniphase Corporation
• Yokogawa Electric Corporation
• OZ Optics Limited
• EXFO Inc
• Tektronix Inc
• Fluke Networks
• Agilent Technologies
• Kingfisher International
• okogawa Electric Corporation
• Exfiber Optical Technologies
• Viavi Solutions Inc.
• Uniphase Corporation
• VeEX Inc.
• Deviser Instruments
• Terahertz Technologies Inc.
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