The Asia Pacific region is forecast to lead in Fusion Splicer use over the next decade, finds new report

“Fiber Optic Fusion Splicer”
Fiber Optic Fusion Splicer Global Market Forecast & Analysis market research report covers market data estimates and forecasts segmented by each of the following fusion splicer (machine) types.

A Fusion Splicer is specialized instrument used to join optical fibers to each other. The generally accepted splicing method is arc fusion splicing, which melts the fiber ends together with an electric arc. The new market report, provides a forecast for the use of fusion splicers by various fiber optic-based communication applications., such as: Telecommunications; Private Enterprise Networks; Cable TV; Military/Aerospace; and Specialty applications

Telecommunications/Multimedia represented a 69.5 percent share of worldwide consumption of fiber optic fusion splicers last year; the Telecommunication/Multimedia consumption value reached $301.9 million in 2018.  Electrical and communication wiring contractor’s annual use of fusions splicers to install optical fiber Private Enterprise Networks is forecast to increase steadily through the year 2023.  Besides the use optical fiber in Local Area Networks (LANs), fiber cable installation for LAN-to-LAN (campus), Data Centers (DCs), and various wire/hybrid fiber optic cable installations are fast becoming a noticeable user of fusion splicers.

The “Greater China Region” (Mainland China, Hong Kong, Macau and Taiwan) is forecast to remain the major user of fusion splicers in the Asia Pacific region (APAC).  The Asia Pacific region is forecast to increase in relative market share, driven by countries expanding the reach and density capabilities of their mobile/wireless device (optical fiber) infrastructure, as well as bringing optical fiber closer to the drop-areas, such fiber to the building.

Last year, the bench top fusion splicers, which typically have a higher average selling price (ASP) versus the Micro/Handheld type in held over 70 percent share of worldwide consumption value of multiple-fiber or ribbon-type fiber optic fusion splicers.  However, in terms of volume (quantity/units), the micro/handheld fixed alignment (clad alignment) fusion splicers led in market share for single fiber splicers in 2018.

For more details please visit: https://www.marketresearchreports.com/electronicast/fiber-optic-fusion-splicer-global-market-forecast-analysis-2018-2028

Search for more reports on similar topic : https://www.marketresearchreports.com/fiber-optics

 

About Market Research Reports, Inc.
Market Research Reports® Inc. is world’s largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global &regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends

Media Contact
Company Name: MarketResearchReports.com
Contact Person: Sudeep Chakravarty
Email: Send Email
Phone: +1-302-703-9904
Address:Market Research Reports, Inc 16192 Coastal Hwy Lewes
City: Lewes
State: Delaware
Country: United States
Website: https://www.marketresearchreports.com