Optical fibre connectors terminate the end of an optical fibre. This enables quicker connection and disconnection than splicing. These connectors couple and align the cores of fibres mechanically which allows the light to pass. The loss of light from these is very little due to reflection or misalignment of the fibres. Long distance cabling is the main application for which fabricators manufacture fibre optic connectors, in bulk. These connectors are made of ultra-pure quartz. The global fiber optic connector market size was valued at USD XX million in 2017 and is expected to reach up to USD XX million by 2025, growing at a CAGR of XX%
The global fiber optic connector market has a number of global and regional players. The key players include 3M Company, Alcatel-Lucent SA, Arris Group, Inc., Corning, Inc., Furukawa Electric Co., Ltd., OFS Fitel, LLC, Optical Cable Corporation, Sterlite Technologies Ltd. and TE Connectivity Ltd. among other.
Global fiber optic connector market is segmented based on application, type and geography. On the basis of application the targeted market is segmented into datacenter, telecommunication, high density interconnection, inter/intra building, security systems, community antenna television and other. On the basis of type the market is classified into lucent connectors, fiber connector, straight tip, master unit, sub multi assembly.
Market segmented on the basis of Application:
- High Density Interconnection
- Inter/Intra Building
- Security Systems
- Community Antenna Television
Market segmented on the basis of Type:
- Lucent Connector (LC)
- Multi-Fiber Termination Push On/Pull Off (MTP)
- Subscriber Connector (SC)
- Straight Tip (ST)
- Fiber Connector (FC)
- Master Unit (MU)
- Fiber Distributed Data Interface (FDDI)
- Sub Multi Assembly (SMA)
Market segmented on the basis of region:
- North America
- Latin America
- Middle East and Africa (MEA)
Rising adoption of fibre optic technology has majorly driven the global marketplace. The rising consumer preference towards high bandwidth communication, high speed data requirements, emerging opportunities in healthcare sector is expected to fuel the technologies market, and thereby directly affect the connectors market. Growing government funding for telecommunication infrastructure development and investments & research, is expected to facilitate a high growth rate for the global fiber optic connector market during the forecast period.