Excellent Growth of Fiber Optic Connectors: Telecommunication Industry to Stay at the Forefront of Growth with Maximum Consumption to be Witnessed in the Near Future

Press Release – 08 Jan 2019

Research and Development News --

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Latest Update "Global Market Study on Fiber Optic Connectors: Telecommunication Industry to Stay at the Forefront of Growth with Maximum Consumption to be Witnessed in the Near Future" with Industries Survey | Global Current Growth and Future.

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The deployment of 5G technology is anticipated to intensify the demand for fiber optic connectors. In this regard, companies in the global market are looking forward to reap profits from this surging demand and are focusing on customizing their products as per the needs of the telecommunication industry and service providers.

This is important as fiber optic connectors have generally been used in military data transfer and telecommunication systems and different niche deployments. Thereby, the companies that are manufacturing fiber optic connectors are developing an inquisitive nature for the applications and industries that are comparatively new to them. It has been witnessed in the last couple of years that fiber connectors hold a significant part of the complete broadcasting and television setup. For fulfilling the growing needs of fiber optic components in the global television broadcasting industry, manufacturers are focusing on accelerating the research and development activities and innovation related to fiber optics and other components.

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The Global Fiber Optic Connectors market is expected to witness a CAGR of 11.0% from 2018 to 2028. In 2017, the market was worth US$ 4,698.6 Mn and is projected to rise to a valuation of US$ 14,491.0 Mn by the end of 2028.

“Growth of 5G Technology to Bolster Market Revenue Growth”

The progress in the telecommunication sector has put extreme pressure on 5G technology to deliver high performance capacity, low latency, and high data rates. Worldwide, 5G is anticipated to impact both the wire-line and wireless sides of the network infrastructure as the terrestrial wire line networks go on and off the frequency. The tough performance goals set for 5G are forcing manufacturers to ensure sufficient availability of fiber to the cell sites. Mobile network operators are installing small cells for improving the QoE for mobile users. Given this persistent need, the demand for optical connectors is also expected to intensify in the coming years.

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Standard Report Structure

- Executive Summary

- Market Definition

- Macro-economic analysis

- Parent Market Analysis

- Market Overview

- Forecast Factors

- Segmental Analysis and Forecast

- Regional Analysis

- Competition Analysis

Market Taxonomy

The global fiber optic connectors market has been segmented into:

By Type

- Lucent Connectors (LC)

- Mechanical Transfer Registered Jacks (MTRJ)

- Subscriber Connectors (SC)

- MPO Connectors

- Straight Tip (ST) Connectors

- Ferrule Connectors (FC)

- Others

By Region

- North America

- Latin America

- Western Europe

- Eastern Europe

- Middle East and Africa

- SEA & Other APAC

- Japan

- China

By Application

- Telecommunication

- Data Centers

- Military

- Television and Broadcasting

- Aerospace and Avionics

- Test and Measurement

- Others

Continue.....

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