Global Optical Fiber Monitoring Market is expected to grow with the substantial CAGR of 5.9 % in the forecast period of 2019 to 2026. The years considered for study are as mentioned below.
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The optical fibre monitoring system is used to accelerate the efficiency and effectiveness of fiber optic cables, components and systems. As the components such as fiber, laser sources, splices, connectors, receivers and detectors being developed, testing or monitoring of these equipment or systems have become the necessity for detection of any potential threat or fault. Therefore the rising use of fibre optic cable ultimately increases the application of fibre optic monitoring devices.
The major players dealing in global Optical fiber monitoring market are introducing wide range of product in the market. The product with new advancement acts as the strength for the market as the companies are generating adequate revenues form new technologies. This has also helped the company to maximize the sales with enhanced product portfolio. For instance, In June 2019, EXFO Inc. launched optical fiber multimeter (OFM) Optical Xplorer. This product automatically identifies the faults and verifies optical links in few seconds. It boosts the efficiency of technician. This product will help the contractors and operators to accelerate ROI and increases customer satisfaction. This will help the company to attract existing and new customers to new products. This helps company in introducing new technologies that can have a stiff competition with existing competitors
Fujikura Ltd is the dominating player in global optical fiber monitoring market and accounts the highest market share in 2018, which is followed EXFO Inc., Viavi Solutions, Anritsu corporation, AFL, AP Sensing, CommVerge Solutions, DSIT solutions Ltd, Fibersonics, FiberStore Co. and Fluke Corporation.
Fujikura Ltd headquartered in Tokyo, Japan which was founded in 1910. The company performs its business from four segments such as power & telecommunication system, electronic business, automotive products, real estate, others. The company offers its product in the following categories such as energy business, telecommunication business, automotive products and real estate business.
The company has wide global presence across the globe such as Europe, America, Asia-Pacific, Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Fujikura (China) Co., Ltd. (China), Fujikura Korea Automotive Ltd.(Korea), Fujikura Federal Cables Sdn. Bhd.(Malaysia), Fujikura Asia Ltd.(Singapore), Fujikura Fiber Optics Vietnam Ltd.(Vietnam), Fujikura Electronics (Thailand) Ltd.(Thailand), PT. Fujikura Indonesia(Indonesia), Fujikura Automotive India Private Ltd.(India) and others among others.
In November 2018, Fujikura has developed a 4-core 3-mode optical fiber having a cladding diameter of 0.16 mm along with The Network System Research Institute at the National Institute of Information and Communications Technology for enabling the Optical transmission of a coupler multiplexing the cores and modes simultaneously. This development will create the goodwill for the company.
EXFO Inc. headquartered in Quebec, Canada which was founded in 1985.The products offered by the company are field network testing, lab and manufacturing testing, monitoring and assurance, communications service providers, contractors, academic and research institutions, cable MSO (multiple system operator), network equipment manufacturers, webscale companies and data centers, government, system integrators. The company has its presence in North America, Europe, Asia-Pacific and Middle East & Africa.
The company also generates its revenue from the various subsidiary companies such as EXFO America Inc. (U.S.), EXFO Latin America Telecommunications S.A. de C.V. (Mexico), EXFO Europe Ltd. (U.K.), EXFO France SARL (France), EXFO Sweden AB (Sweden), EXFO Germany GmbH (Germany), EXFO Asia Pacific PTE Ltd. (Singapore), EXFO Telecom Technologies (Beijing) Co., Ltd. (China), EXFO Electro Optical Engineering India Private Limited (India) and others.
Viavi Solutions Inc.
Viavi Solutions Inc.has headquartered in California, U.S. and it was founded in 1923. The company focuses on providing solutions for optical security and performance (OSP) and network and service enablement. The company offers its products and solution in several categories such as test & measurement, service assurance & analytics, enterprise & data center, optical security and performance (OSP) ,emergency alert systems (EAS) are the products and the solutions are service provider, wireline.
The company has its presence in Americas, Europe, Asia-Pacific and Middle East & Africa.
The company operates through its many subsidiaries such as Acterna France SAS (France), Aeroflex Test Solutions India Pvt Ltd (India), JDSU Holdings GmbH (Germany), Viavi Solutions Canada Inc. (Canada), Viavi Solutions Polska Sp.z.o.o. (Poland)