Fusion Splicer Market Growth (8.93% CAGR) Driven by APAC to 2020
PUNE, India, July 25, 2016 /PRNewswire/ --
The global fusion splicer market 2016-2020 report says emergence of fuse-on connectors is one of the major trends impacting the industry tremendously as fuse-on or splice-on connectors have emerged recently as alternatives to pre-terminated fiber-optic cable systems, which are offered by multiple vendors in different interface options. The limitations associated with pre-terminated cables such as short and excess slacks and logistics delays can be overcome with cable builds at exact lengths that are achieved through splice-on connectors. Splice-on connectors also help provide better reliability, performance, quick installations, and faster changes while taking care of previous bottlenecks and ensuring minimum network downtime. Companies such as AFL and Sumitomo offer fusion splicers with specific capabilities for splice-on connectors.
Complete report on fusion splicer market spread across 62 pages, analyzing 4 major companies and providing 36 data exhibits now available at http://www.sandlerresearch.org/global-fusion-splicer-market-2016-2020.html.
The analysts forecast global fusion splicer market to grow at a CAGR of 8.93% during the period 2016-2020. The rising need for increased network bandwidth will lead to the growth of fusion splicer market. At present, consumers are largely opting for higher bandwidth applications and services with the emergence of new mobile telecommunication standards such as 4G and 5G. The APAC region accounted for almost 57% of the market share during 2015 owing to the high demand for optical fiber from countries such as China, Japan, South Korea, and Taiwan. Several initiatives taken by governmental and non-governmental organizations in the region will also help in the growth of this market in APAC during the estimated period.
A rise in the implementation of fiber to the home (FTTH) is the latest trend in fusion splicer market. FTTH applications are rising worldwide on a daily basis, stimulating an increase in the use fusion splicing. FTTH involves the delivery of communication signal over optical fibers. The primary advantage of this method is that it offers the end users, both consumers and enterprises, with higher bandwidth to enable better video, Internet, and voice services.
The telecommunications segment accounts for majority of the market's revenue with a market share of almost 65%. The fundamental use of fusion splicer market in the telecommunications sector is in the installation of fiber-optic aerial cables outside plants or fuse fibers in underground cable installations. The availability and the subsequent rise in the use of inexpensive 3G and 4G-enabled smartphones, along with high demand for Internet Protocol-based voice, data and video services are some of the factors fueling growth in this segment during the forecast period.
The following companies are the key players in the global fusion splicer market: Fujikura, Furukawa Electric, INNO Instrument, and Sumitomo Electric Industries. Other prominent vendors in the market are: 2 SAE Technologies, AFL Global, Aurora Optics, Corning, Ericsson, Fiber Cable Solution Technology, Jilong Optical Communication, MaxTelCom, Signal Fire Technology, and Vytran. Order a copy of Global Fusion Splicer Market 2016-2020 report @ http://www.sandlerresearch.org/purchase?rname=56682.
Global Fusion Splicer Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global fusion splicer market for 2016-2020. To calculate the market size, report considers the sale of fusion splicers to the telecommunications, enterprise, cable TV, aerospace and defense, and other upcoming application segments.
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