Optical Time Domain Reflectometer (OTDR) Market to Accelerate at a CAGR of Almost 5% during 2021-2025|Technavio
NEW YORK, March 22, 2021 /PRNewswire/ -- The optical time domain reflectometer (OTDR) market is expected to reach USD 50.54 million during 2021-2025, as per the new report from Technavio. The report also throws light on the impact of the COVID-19 pandemic, and the new opportunities and challenges that market players can expect. In addition, the report projects the market to accelerate at a CAGR of almost 5% during the forecast period.
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The optical time domain reflectometer (OTDR) market is driven by the increased demand for tier-2 certification standards. However, the growing market for rental test equipment might hinder the market growth. On the other hand, the facilitation of the 5G network through ROF will present new opportunities in the coming years.
The exponential growth in data traffic is resulting in the deployment of optical fiber cables. All fiber optic installations should be tested based on the tier-1 certificate standard. Tier-1 testing tests the true optical loss of the link by closely simulating actual network conditions. Tier-2 testing measures the total optical loss from the reflections within the link. Service providers are increasingly supplementing tier-1 testing with tier-2 testing to minimize the optical fiber link loss and to ensure while ensuring reliable network coverage and optimized workflow. Thus, the increasing demand for the tier-2 certification standard is expected to drive the growth of the global OTDR market during the forecast period.
"The rising investments in 4G/5G network deployment and the growing investments in smart city projects will further boost market growth during the forecast period", says a senior analyst at Technavio.
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Key suggestions from the report:
Anritsu Corp. operates business through Test and Measurement and Others. The company offers the unique Coherent OTDR for testing submarine cables up to 12,000 km and the NEW uOTDR for optical fiber cable testing and measurement.
Corning Inc. operates business through Display Technologies, Optical Communications, Specialty Materials, Environmental Technologies, Life Sciences, and All Others. The company offers Corning OV Mini OTDR for testing and troubleshooting fiber optic networks.
EXFO Inc. offers OTDR that combines a laser source and a detector to provide an inside view of the fiber link.
Read the 120-page report with TOC on "Optical Time Domain Reflectometer (OTDR) market analysis report by end-user (communication, cable TV, private enterprise network, and others) and geography (North America, Europe, APAC, South America, and MEA), and the segment forecasts during 2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats.
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