Global OTDR Market 2017-2021

This industry research report identifies Danaher (Fluke Networks), EXFO, and Yokogawa Test & Measurement as the key vendors in the global OTDR market. A comprehensive analysis of this market is also presented by product (handheld OTDR, full-feature OTDR, and fiber break locator), by end-user (telecommunication and broadband, private enterprise network, cable TV, and military and aerospace), and by geography (the Americas, APAC, and EMEA).

Overview of the global OTDR market

According to Technavio’s research analysis, the transition from copper cables to fiber optic networks will be one of the major factors that will have a positive impact on the global OTDR market during the forecast period. Our market research analysts predict that this market will grow at a CAGR almost 13% by 2021. Optical fibers are lightweight, low-priced, and non-flammable and can transmit higher bandwidths than copper wires. The utilization of fiber optics in the telecommunication sector offers improved information security since these fibers are dielectric and do not radiate energy, which allows the better preservation of information in transit. Industrial users use optical fibers to store mission-critical data on cloud across different locations and for continuous video conferencing applications. With the increase in fiber installation projects across the world owing to the infrastructure projects undertaken by the utilities and municipalities, the demand for fiber optics will increase in the coming years. This in turn, will propel the OTDR market share.

In terms of geographic regions, the Americas will be the major contributor to the OTDR market throughout the forecast period. Factors such as the rise in number of data centers, the growth of the communication industry, and rise in the utilization of internet applications, will contribute to the growth of the market in this region.

Competitive landscape and key vendors  

The OTDR market consists of few vendors that manufacture OTDR devices that support the deployment of fiber optics technology. These companies are increasingly concentrating on deploying optic fibers that supports changes such as the rising data rates for internet requirements. The market is highly competitive and the vendors in this fiber optic test equipment market compete mainly on factors including product performance, functional value, product pricing, technical service and support, and the customization of products.

The leading vendors in the market are:

• Danaher (Fluke Networks)
• EXFO
• Yokogawa Test & Measurement

The other prominent vendors in the market are Anritsu, Corning, Fujikura, Keysight Technologies, and MOLEX.

Segmentation by product and analysis of the OTDR market

• Handheld OTDR
• Full-feature OTDR
• Fiber break locator

During 2016, the handheld OTDR segment accounted for the major shares of this market. The growth of the telecom and broadband industry across the globe will be a major factor contributing to the growth of this fiber optic test equipment market in this industry segment in the coming years.

Segmentation by end-user and analysis of the OTDR market

• Telecommunication and Broadband
• Private enterprise network
• Cable TV
• Military and Aerospace

According to this market research report, the telecommunication and broadband industry will be the major end-user to the OTDR market until 2021. The rising need for the expansion of communication systems and fiber optic cables and the increasing investments in data center construction, will drive the growth of the market in this segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global OTDR market?
• What are the key market trends impacting the growth of the global OTDR market?
• What are the challenges to market growth?
• Who are the key vendors in the global OTDR market?
• What are the market opportunities and threats faced by the vendors in the global OTDR market?
• 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 OTDR market?

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