Fiber Optic Connector Market

Fiber Optic Connector Market: Global Industry Analysis 2012 –
2016 and Opportunity Assessment; 2017 – 2027
January 2018
Report Id : REP-GB-5019
Status : Ongoing
Category : Electronics,
Semiconductors, and ICT
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Fiber Optic Connector Market
With the growth of online and offline connectivity, the technologies that make up the
supporting infrastructure are also growing at a rapid pace. Data transfer rates have
been growing at remarkable rates. Data transfer rates reaching 400 GB/s and
beyond have rendered traditional high-speed copper cables and connectors useless.
The outdating of traditional physical connectivity methods has thus paved the way
for Optical Fibers and fiber optic connectors which can enable efficient data transfer
rates at higher bandwidths.
Fiber optic connections inherently depend upon fiber optic connectors which act as
an end point for devices connected to a network. As signals in a fiber optic based
connections transmit data through a beam of light, Fiber optic connectors play a
major role in preventing data loss by eliminating air gaps between connecting ends.
This prevention of data loss is particularly important for industries like Aerospace,
defense and medical where low latency and minimal data loss is of utmost
importance. For the same reason, a sizable portion of the growth in the fiber optic
connector market is expected to be generated from these industries.
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Fiber Optic Connector Market
Fiber Optic Connector Market: Drivers & Challenges
Increasing density of end devices connected to a single network is proving to be a
primary challenge for telecom providers. Telecom providers have made significant
investments in harnessing the maximum capacity of their existing networks which
has been driving the need for fiber optics and thus fiber optic connectors. The
growth is further going to be augmented further as 5G moves towards
commercialization augmenting the need for fiber optic connectors further. While
device density does drive the Fiber optic connector market, it is also the primary
restraint for the fiber optic connector market as consumers and enterprises are
adopting wirelessly connected IoT devices at a staggering pace restraining the
growth of fiber optic connector market.
5
Fiber Optic Connector Market
Fiber Optic Connector Market: Regional Overview
North America is expected to lead the fiber optic connector market in terms of
market share followed by Asia Pacific and Europe. The growth of fiber optic
connector market in North America will be fuelled by the demand for fiber optic
cables in Data centers for applications such as cloud computing, video, virtualization,
etc. Whereas the demand of fiber optic connectors in Asia Pacific will be primarily
driven by the growth in Telecommunications and IT.
Key Players
The major players in Fiber Optic Connector market include Alcatel-Lucent SA, 3M,
ZTE Corporation, Broadcom Limited, Corning Cable Systems LLC, Hitachi Ltd.,
Amphenol Corporation, Molex Incorporated and Extron Electronics
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With the growth of online and offline connectivity, the technologies that make up the supporting infrastructure are also growing at a rapid pace. Data transfer rates have been growing at remarkable rates. Data transfer rates reaching 400 GB/s and beyond have rendered traditional high-speed copper cables and connectors useless. The outdating of traditional physical connectivity methods has thus paved the way for Optical Fibers and fiber optic connectors which can enable efficient data transfer rates at higher bandwidths.

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