Global Fiber Optic Test Equipment Market 2018-2022

Overview of the fiber optic test equipment market

According to Technavio’s test and measurement market research and analysis, the increasing pace of developments to introduce 5G technology will impel the fiber optic test equipment market’s growth during the next few years. Various network carriers including Verizon, T-mobile, and AT&T have plans of rolling out 5G services by the end of 2018 or in early 2019. With the continuous development of infrastructure to support 5G technology, governments across the emerging economies including India and China are promoting testing activities in telecom base stations. As a result, the increased demand for fiber optics from network service providers for effective performance of the 5G technology is further creating more opportunities for network test equipment vendors, in turn, fuelling the market’s growth in the recent years. Technavio’s market research analysts have predicted that the fiber optic test equipment market size will grow to about USD 793 million by 2022.

The emergence of wireless technologies to connect the smart devices in the network has made the adoption of internet quite convenient across several industries. For instance, end-users in the healthcare sector are using smartphones and health apps for recording the medical data and transfer it to the medical professionals. This is helping the consumers to get information about the various medical services, including disease surveillance, epidemic outbreak tracking, and others. However, all this is possible only with a strong and reliable Internet connection, which can be facilitated by fiber optics. With the continuous adoption of wireless technology in different end-user sectors, the use of fiber optics will increase. According to our industry research analysts, growing use of fiber optics due to rising adoption of wireless technology will be one of the key market trends gaining traction in the fiber optic test equipment market during the next few years.

Companies covered

With the presence of a considerable number of companies, this market appears to be moderately fragmented. By providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies, this fiber optic tester market research report will help clients identify new growth opportunities and design unique growth strategies.

This research report provides an analysis of various companies in this market including –

• Anritsu
• EXFO
• Keysight Technologies
• National Instruments
• Viavi Solutions
• Yokogawa Electric

Segmentation by application and the fiber optic test equipment market analysis

• Automotive
• Aerospace and defense
• Fiber TV
• Data center
• Telecommunications

The telecommunications application segment dominated the market during 2017. According to the fiber optic tester market research report, the segment will lead the market while gaining the largest share in the fiber optic cable testing equipment market throughout the forecast period.

Key questions answered in the report include

• What will the market size, market worth and the growth rate be in 2022?
• What are the key factors driving the global fiber optic test equipment market?
• What are the key market trends impacting the growth of the global fiber optic test equipment market?
• What are the challenges to market growth?
• Who are the key vendors in the global fiber optic test equipment market?
• What are the market opportunities and threats faced by the vendors in the global fiber optic test equipment market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global fiber optic test equipment market?

Technavio also offers customization on reports based on specific client requirement.