Fiber
optic connectors are primarily used to connect two optical fibers,
thus permitting the transmission of light from one fiber to the
other. Fiber optic connectors enable the usage of optical fibers in a
public telecommunications network, plant applications, and in wiring
installations at the premises of customers.
Fiber
Optic Connectors Market Description:
The
factors expected to propel the global fiber optic connectors market
are technological advancements, large-scale production of optic
connectors, and economic growth in emerging markets. However, factors
such as the high cost of fiber optic connectors, low level of
automation of fiber optics, and growth in wireless networking systems
are predicted to hamper the growth of the global fiber optic
connectors market in the years to come.
The
global fiber optic connectors market is segmented on the basis of
geography, type, and application. Based on type, the global fiber
optic connectors market is classified into SC, ST, LC, MPO/MTP, and
others. In 2014, the LC segment dominated the global fiber optic
connectors market and is predicted to maintain its dominance till
2021.
Based
on geography, the global fiber optic connectors market is divided
into North America, Latin America, Europe, Asia Pacific, and the
Middle East and Africa. In 2014, in terms of revenue, North America
dominated the global fiber optic connectors market. In 2014, in terms
of value, Asia Pacific accounted for 30.60% of the global fiber optic
connectors market owing to the developments in cabling technology.
The
primary factor expected to drive the global fiber optic connectors
market is the growing demand for higher bandwidth in the telecom
industry. Leading players such as Amphenol Corporation (U.S.), Arris
Group Inc. (U.S.), Hitachi Ltd (Japan), Diamond SA (Switzerland),
Furukawa Electric Co. Ltd. (Japan), 3M (U.S.), TE Connectivity Ltd.
(Switzerland), Avago Technologies (Singapore), and Sumitomo Electric
Industries (Japan) are expected to contribute massively towards the
growth of the global fiber optic connectors market in the years to
come.
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the Sample Research Report for Fiber Optic Connector Market at:
Factors
such as the increasing demand for optical interconnections in various
data center networks and technical advancements in fiber optic
components are predicted to create growth opportunities in the global
fiber optic connectors market in the next few years. The telecom
industry, datacom, DWDM systems, lasers, and others are some of the
applications of fiber optic connectors. In 2014, the telecom industry
led the global fiber optic connectors market owing to the increasing
use of fiber optic connectors as a medium of transmission of high
volumes of data.
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