Fiber Optic Connectors Market 2021 Technology Landscape and Opportunities Report 2030 | Key Players as 3M, Corning Cable Systems LLC, Hitachi Ltd., ZTE Corporation

The Global Fiber Optic Connectors Market report presents an in-depth assessment of key trends, current scenarios, challenges, standardization, regulatory landscape and deployment models. Historical and futuristic case studies, opportunities, future road-map, Technology Advancement, Key player profiles, and strategies lead to builds stronger business decisions. Additionally, the report also includes a SWOT analysis that concludes the strengths, weaknesses, opportunities, and threats impacting the segments of the overall market and forecast for Fiber Optic Connectors investments from 2021 to 2030.

The global fiber optic connectors market is expected to grow from $4.20 billion in 2020 to $4.53 billion in 2021 at a compound annual growth rate (CAGR) of 7.68%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.02 billion in 2025 at a CAGR of 7.38%.

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Top Key Players in the Global Fiber Optic Connectors Market: 3M; Corning Cable Systems LLC; Hitachi Ltd.; ZTE Corporation; Amphenol Corporation; Alcatel-Lucent S.A.; Broadcom Limited; Hirose Electric Co. Ltd; Furukawa Electric Co. Ltd; Sumitomo Electric Industries; Diamond SA; TE Connectivity Ltd.; Sterlite Optical Technologies; Extron Electronics; Optical Cable Corporation; Ratioplast-Optoelectronics GmbH

Scope

Markets Covered: 1) By Product: SC (Standard Connectors); LC (Lucent Connectors); FC(Ferrule Connector); ST (Straight Tip); MTP/MPO (Multiple-Fiber Push-On/Pull-Off); MXC Connector; Others
2) By Cable: Simplex; Duplex; Multi-Fiber
3) By Application: Telecommunication; Inter/Intra Building; Community Antenna Television; Datacenter; High Density Interconnection; Security Systems; Other

Market Overview:

The number of people using smart devices and smartphones and commercialization of 4G LTE and 5G network platforms is rapidly increasing, which will drive the growth of the global fiber optic connectors market. For instance, in January 2020, the numbers of smartphone users in the world were 3.50 billion, accounting for 45.12% of the worlds population. According to the Global Mobile Suppliers Association (GSA), 5G subscriptions were 17.73 million by the end of 2019, and 4G base were at 5.27 billion. Smart devices are the everyday gadgets, which are made intelligent with advanced computing, including AI and machine learning, and networked to form the internet of things (IoT) that require the internet. The increased use of smart devices and commercialization of 4G LTE and 5G network platforms increased the demand for the fiber optic connectors market.

The innovation of 180-micron fiber cable is shaping the fiber optic connectors market. In April 2020, Prysmian Group announced the worlds first 180m fiber cable for FTTx and 5G networks. Prysmian combines the two technologies to start its sirocco extreme microduct cable with 288 fibers in a diameter of 6.5mm, providing diameter and fiber density for a blown microduct cable of 288 fibers. With a fiber thickness of 8.7 fibers per mm2, it is possible to install the cable into an 8mm ID duct where before it was only possible to install up to 192 fibers. This makes it feasible to install more fibers into full duct space and allows the use of smaller ducts for new installations, rising in cheaper installation costs and the use of less raw materials.

Regional Analysis:

The report offers an in-depth assessment of the growth and other aspects of the Fiber Optic Connectors market in important countries (regions), including:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Table of Content:

Overview: This segment offers an overview of the report to provide an idea regarding the contents and nature of the research report along with a wide synopsis of the global Fiber Optic Connectors Market.

Analysis of Leading Players Strategies: Market top players can utilize this analysis to increase the upper hand over their rivals in the market.

Study on Major Market Trends: This segment of the report delivers a broad analysis of the most recent and future market trends.

Forecasts of the Market: The report gives production, consumption, sales, and other market forecasts. Report Buyers will approach exact and approved evaluations of the total market size in terms of value and volume.

Analysis of Regional Growth: This report covered all major regions and countries. The regional analysis will assist market players to formulate strategies specific to target regions, tap into unexplained regional markets, and compare the growth of all regional markets.

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Covid-19 Impact Analysis:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain have been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.

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