[May 18, 2017] |
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Fiber Optic Connector Market to Reach $5.9 Billion by 2025 - Key Players are Corning, Optical Cable Corporation, Sterlite Technologies Limited, 3M & OFS Fitel - Research and Markets
Research and Markets has announced the addition of the "Fiber
Optic Connector Market Analysis By Product (SC Connector, LC Connector,
FC Connector, ST Connector, MTP/MPO Connector), By Application, By
Region, And Segment Forecasts, 2014 - 2025" report to their
offering.
The global fiber optic connector market is expected to reach USD 5.9
billion by 2025. The fiber optics segment is expected to grow,
significantly, over the forecast period. Fiber optic connectors have
huge potential to be incorporated into a wide range of applications in
the healthcare, railway, defense & aerospace, and oil & gas sectors.
The technology is under constant R&D and aims to develop low-cost
applications and technological solutions for the mass market. The fiber
optic technology has gained prominence over the past few years, owing to
the persistent research & development activities and the escalating
demand from high bandwidth communication and data services.
The growing penetration of the fiber optics technology is encouraging
anufacturers and suppliers to invest in research & development for
developing better products. Researchers are focusing on innovating
reliable and cost-effective fiber optic products, as the production and
installation of fiber optic products are quite tedious and costly.
Manufacturers strive to optimize production processes, by regulating
efficiency and prices, to curb other alternatives of the fiber optics
technology.
The fiber optics market includes different fiber optic connectors such
as SC connector, LC connector, FC connector, ST connector, MTP
connector, and others. Based on fiber optic applications, the market is
segmented into military & aerospace, oil & gas, telecom, medical, BFSI,
railway, and others. The telecom sector is the biggest application
sector, in terms of revenue, and is regulated by the regulations imposed
by government and other related regulatory authorities.
Companies Mentioned
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3M (News - Alert)
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Optical Cable Corporation (OCC)
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Sterlite Technologies Ltd.
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OFS Fitel, LLC
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Corning, Inc.
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Alcatel-Lucent (News - Alert) SA
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Arris Group, Inc.
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TE Connectivity Ltd.
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Furukawa Electric Co., Ltd.
Key Topics Covered:
1 Methodology and Scope
2 Executive Summary
3 Fiber Optic Connector Industry Outlook
4 Fiber Optic Connector: Application Estimates & Trend Analysis
5 Fiber Optic Connector: Product Estimates & Trend Analysis
6 Fiber Optic Connector: Regional Estimates & Trend Analysis
7 Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/szrlg4/fiber_optic

View source version on businesswire.com: http://www.businesswire.com/news/home/20170518005629/en/
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