Fiber Optic Cable Assemblies Global Market – Overview
The global Fiber Optic Cable Assemblies market is growing at the rapid pace owing to various market aspect such as the growing importance of cloud computing, data transfer & storage and IoT is driving the use of Internet, which is further driving the Fiber Optic Cable Assemblies Market, as it acts as the significant medium for data transmission. The demand for the Internet is driven by several factors such as increase in the number of connected devices in homes, increase in the demand for Over-The-Top (OTT) video content, and the increasing Internet access. According to a recent study report published by the Market Research Future, The global market of Fiber Optic Cable Assemblies is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
It is observed that the emergence of Internet of Things (IoT) technology is one of the major trends that will gain traction in this global Fiber Optic Cable Assemblies market in the forecast years. IoT involves machine to machine communication (M2M) that enables devices to exchange and act upon information by eliminating human-to-human or human-to-computer interaction. Advancements in networking technologies have aided the evolution of IoT devices subsequently increased their adoption. This will encourage network operators to build new data centres to support the growing data rates, which will in turn, drive the growth of the fiber optics market.
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The prominent players in the global fiber optic cable assemblies market are – RF industries (U.S.), Finisar Corporation (U.S), Optec Technology Limited (Hong Kong), Fiber connection Inc. (Canada), TE Connectivity (Switzerland), Carlisle Companies Incorporated (U.S), Molex Incorporated (U.S), Amphenol Fiber Systems International (U.S), Delphi Automotive PLC (U.K) and among others.
17 September 2017 – Optec Technology Limited, a leader of fiber termination and cabling solutions, announced the launch of its new MTP® PRO Fiber Assemblies, which extended the product portfolio with enhanced features of Optec’s MTP/MPO Cabling System. By utilizing the innovative MTP® PRO Connector with Optec’s well-versed manufacturing experience, the MTP® PRO Fiber Assemblies support simple and reliable polarity and gender reconfiguration, at the same time fulfilling the requirements of high flexibility, high speed and high density as per current MTP/MPO Multi-fiber Cabling System.
April 4, 2017 – Fiber Optic Centre, Inc., (FOC), an international leading distributor specializing in helping their customers make the best cable assemblies in the world, announces the FOC Cleaving Station, booth 455, at ECOC 2017 with demonstrations of three key pieces of equipment: 1) Phenix Fibersect Mechanical Connector Cleaver, 2) Cometx Laser Cleaving System and 3) OptiSaber MT Laser Cleaver.
December 20, 2017 – TE Connectivity (TE), a provider of connectivity and sensors in Harrisburg, Pennsylvania, is releasing new optical flex circuit cable assemblies that are ruggedized for the harsh environments of aerospace, commercial and military aircraft, and defence systems. These compact, robust fiber-optic circuits offer a multitier management solution for high-speed electronic packaging and are fully customizable for both card-to-card and backplane applications.
Fiber Optic Cable Assemblies Global Market – Segmentation
The Fiber Optic Cable Assemblies Market can be classified into 6 key segments for the convenience of the report and enhanced understanding;
- Segmentation by Cable Length: Comprises standard and custom.
- Segmentation by Mode Types: Comprises single mode and multimode.
- Segmentation by Product Types: Comprises Connectorized Assemblies, Long Length Assemblies, High Complex Breakout Assemblies, Fibre Jumpers and Others.
- Segmentation by End-Users: Comprises Automotive, IT & Telecommunication, Defence & Government, Industries and Others
- Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
Fiber Optic Cable Assemblies Global Market – Regional Analysis
The Fiber Optic Cable Assemblies market is divided into four regions, namely North America, Asia Pacific Europe and the Middle East and Africa (MEA). North America is one of the leading region across the world in terms of market share in fiber optic cable assemblies market as it has huge demand as it provides much greater bandwidth. The fiber optic cable assemblies market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for fiber optic cable assemblies market and expected to be the highest CAGR in the coming years.
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- Fiber optic cable assemblies companies
- Fiber optic cable assemblies providers
- Fiber optic cable assemblies distributors
- Research organizations
- Professional service providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
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