Global Fiber Optic Connectors Market 2016-2020

The fiber optic connectors market report offers an up-to-date analysis of the market concerning the current market scenario, latest trends and drivers, and the overall global environment. This report provides an analysis of the market by product type (FC, LC, SC, ST, and others) and by geography (APAC, Europe, and North America). The report also provides an analysis of the market’s competitive landscape and offers information on several companies including 3M, Alcatel-Lucent, Amphenol, Furukawa Electric, Molex, and Ratioplast.

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Global outlook of the fiber optic connectors market

The global fiber optic connectors market research predicts the market to grow steadily at a CAGR of almost 10% by 2020. The rapidly growing number of mobile internet users and the proliferation of connected devices have led to the exponential increase in the global internet traffic. This growing internet traffic will induce more network providers to upgrade their networks and deploy optical technologies. Optic fiber cables will be more preferred by network providers than copper wires since when compared to electric signals, light enables faster data transfer, offers greater bandwidth, and has a very less chance of data loss. Such benefits will lead to the increased adoption of fiber optic cables and will, in turn, augment the demand for optical connectors.

The increasing offshore petroleum exploration and production will compel the industry to develop and adopt new ways to enhance operating efficiencies and also to improve the recovery of petroleum reservoirs. Fiber optic cables can carry higher data rates over longer distances and will provide as the better option when compared to copper cables. The estimated increase in subsea processing will generate more data, which will demand the adoption of fiber optic cables due to their high bandwidth and longer transmission distances.

Competitive landscape and key vendors

Owing to the strong position of existing fiber optic connector manufacturers, the fiber-optic connector market appears to be highly viable. The requirement of high initial capital investment makes it difficult for new players to enter the market. It has been observed that the vendors are constantly increasing their investments in their R&D and are focused on expanding their optical fiber production capacity to overcome the time-to-market pressure. 

According to the fiber optic connectors market research, the prominent vendors in the market are -

• 3M
• Alcatel-Lucent
• Amphenol Corporation
• ADTEK
• Corning Cable Systems
• Diamond
• Furukawa Electric
• Hirose Electric
• Molex
• Optical Cable
• Ratioplast-OptoElectronics
• Sterlite Optical Technologies
• Sumitomo Electric Industries
• TE Connectivity
• Shenzhen DYS Fiber Optic Technology

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Segmentation by product type and analysis of the fiber optic connectors market

• FC (ferrule connector)
• LC (lucent connector)
• SC (subscriber connector)
• ST (straight tip connector)

During 2015, the LC fiber connector segment accounted for more than 44% of the total share of the fiber optic connectors market and dominated the industry. Benefits such as better insertion and return loss characteristics, easy to clean, flexibility and polarity reversal, and on-field installations are major reasons for the rise in demand for LCs over other connectors. 

Geographical segmentation and analysis of the fiber optic connectors market

• APAC
• Europe
• North America

According to this fiber optic connectors market forecast, APAC will account for about 56% of the total market share by 2020 and will also dominate the fiber optic cable connectors market throughout the forecast period. The increase in internet penetration in developing countries in the region such as China and Japan coupled with the need for high-speed internet connection will drive the demand for cables and connectors. 

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global fiber optic connectors market?
• What are the key market trends impacting the growth of the global fiber optic connectors market?
• What are the challenges to market growth?
• Who are the key vendors in the global fiber optic connectors market?
• What are the market opportunities and threats faced by the vendors in the global fiber optic connectors market?
• Trending factors influencing the market shares of the APAC, Europe, and North America.
• What are the key outcomes of the five forces analysis of the global fiber optic connectors market?

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