Fiber Optic Connectors Market: Introduction
Transparency Market Research delivers key insights on the
global fiber
optic connectors market. In terms of revenue, the global fiber
optic connectors market is estimated to expand at a CAGR of 7.5% during
the forecast period, owing to numerous factors, regarding which TMR offers
thorough insights and forecasts in its report on the global fiber optic
connectors market.
The global fiber optic connectors market is broadly affected
by several factors, including usage of fiber optic connectors in the data
center sector and increasing applications in the telecommunications sector.
Thus, expanding applications of fiber optic connectors in different sectors are
propelling the global market for fiber optic connectors.
Major Key Players of
the Fiber Optic Connectors Market are:
Amphenol Corporation, Broadcom, Corning Cable Systems LLC, Diamond SA,
Furukawa Electric Co. Ltd., Hitachi Ltd., Hirose Electric Co., Ltd., Molex LLC,
Radiall, Senko Advanced Components, Sumitomo Electric Industries, Ltd., TE
Connectivity, and US Conec Ltd.
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Fiber Optic Connectors Market: Dynamics
Fiber optic connectors (FOC) are used to mechanically
connect two optical fibers, thereby permitting light to transmit from the core
of one fiber to the other fiber in order to link the fiber optic connection
equipment. Different types of connectors are utilized for multi-mode and
single-mode fibers. FOC is a critical technology, which enables the use of
optical fibers in outside plant applications, public telecommunication
networks, and in wiring installations at customer premises. Optical fibers help
to transmit all optical signals, and fiber optic connectors enable the low-loss
transmittance of these signals between the optical and electro-optical devices.
Based on type, fiber optic connectors market can be segmented into lucent
connector (LC), standard connector (SC), CS connectors, SN connectors, straight
tip (ST), multiple-fiber push-on/pull-off (MPO/MTP), and others. In terms of
application, fiber optic connectors market can be divided into telecom
industry, data center, dense wavelength division multiplexing (DWDM) systems,
lasers, and others.
Fiber optic connectors are extensively used in the
telecommunications industry. Fiber optic connectors are used for high data rate
and long-distance transmission in the telecommunications network. Fiber optic
connectors are also popular in data center applications, since they are mostly
used in optical interconnects in data center networks. They are used in DWDM
applications that accumulate data from various sources together on a single
optical fiber and employs light wavelengths to transmit data. Among
applications, the telecom industry is anticipated to reach value of US$ 2,002.58 Mn
by 2025 at the highest CAGR of 7.57% during the forecast period.
Global Fiber Optic Connectors Market: Segmentation
Fiber Optic Connectors Market, by Type
- LC
(Lucent Connectors)
- SC
(Standard Connectors)
- CS
Connectors
- SN
Connectors
- ST
(Straight Tip) Connectors
- MPO/MTP
(Multiple-fiber Push-on/Pull-off) Connectors
- MXC
Connectors
- Others
Fiber Optic Connectors Market, by Application
- Telecom
Industry
- Data
Centers
- DWDM
System
- Lasers
- Others
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Fiber Optic Connectors Market: Key Developments
- Key
providers of fiber optic connectors, such as Senko Advanced Components,
Molex LLC, and Furukawa Electric Co. Ltd. are focusing on the construction
of cost-effective fiber optic connectors to attract more customers. Some
other key developments in the global fiber optic connectors market are
highlighted below:
- In
June 2019, Senko Advanced Components launched its latest fiber optic
inspection device at ANGACOM 2019. The new Smart Probe 2 allows data
centers and telecom providers to save maintenance time and help prevent
network failures.
- In
March 2019, Molex LLC, released PowerCat 6A UTP solution with improved
data transmission over higher frequencies and enhanced noise suppression
- In
March 2018, Furukawa Electric Co. Ltd. developed a thin ultra-high count
multi-core “rollable ribbon” optical fiber cable that boasts the world’s
highest core density for use as high-capacity optical fiber cable required
in data centers and other locations
- In the
global fiber optic connector’s market report, we have discussed individual
strategies, followed by company profiles of providers of fiber optic
connectors. The ‘Competition Landscape’ section has been included in the
report to provide readers with a dashboard view and company market share
analysis of key players operating in the global fiber optic connectors
market.
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