Asia-Pacific Fiber Optic Connector in Telecom Market, By Product Type (Subscriber Connector (SC), Ferrule Connector (FC), Lucent Connector (LC), Multi-Fiber Push On (MPO), E2000 Connector, Straight Tip (ST) Connector), Cable Type (Simplex, Duplex, Multi Fiber) – Industry Trends and Forecast to 2030.
Fiber Optic Connector in Telecom Market Analysis and Size
In the last few years, increased use of video services, TV-on-demand, and online gaming is causing a surge in demand for high-speed data. For improved performance output, multi-fiber, more efficient connections, and a shift towards smaller, fibre optic connectors are used in telecommunications. As primary industries, telecommunications, and the IT sector serve various purposes. The market for these cables has grown significantly due to the expansion of fiber-rich networks. The most popular type of fiber optic connector used in the industry is expected to continue to be Lucent Connectors.
Data Bridge Market Research analyses that the Asia-Pacific fiber optic connector in telecom market was valued at USD 459.36 million in 2022 and is expected to reach USD 1,415.01 million by 2030, at a CAGR of 15.10% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Fiber Optic Connector in Telecom Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Subscriber Connector (SC), Ferrule Connector (FC), Lucent Connector (LC), Multi-Fiber Push On (MPO), E2000 Connector, Straight Tip (ST) Connector), Cable Type (Simplex, Duplex, Multi Fiber)
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Countries Covered
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China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
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Market Players Covered
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TE Connectivity (Switzerland), Corning Incorporated (U.S.), Molex (U.S.), Amphenol Corporation (U.S.), Infinite Electronics International, Inc. (U.S.), Hitachi Information & Telecommunication Engineering, Ltd (Japan), Radiall (France), Delaire USA (U.S.), Belden Inc. (U.S.), Panduit (U.S.), HIROSE ELECTRIC CO., LTD. (Japan), Ratioplast-Electronics (Germany), RS COMPONENTS PTE LTD (U.K.), 3M (U.S.), Nexans (France), LEONI AG (Germany), Glenair, Inc. (U.S.), Extron (U.S.), and CommScope (U.S.), among others
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Market Opportunities
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Market Definition
A fiber optic connector's joining of optical fibers provides speedier, quicker disconnection and connection than splicing. The connectors mechanically align and link the fiber cores for the light to flow. As a result of the fibers' reflection or misalignment, better connectors lose relatively little light. Fiber optic connections are used in telephone exchanges and outside plant applications and cross-connect or link fiber-optic cables to equipment.
Fiber Optic Connector in Telecom Market Dynamics
Drivers
- A growing number of smart devices and smartphones users
The market for fiber optic connectors in the telecom sector will expand due to the rising use of smartphones and other smart devices and the commercialization of 4G LTE and 5G network platforms. The internet of things (IoT), which depends on the internet, is a network of ordinary electronics that have been given artificial intelligence (AI) and machine learning capabilities. The market for fiber optic connections saw a growth in demand due to the rising popularity of smart devices and the commercialization of 4G LTE and 5G network platforms.
- Increasing adoption of fibre for 5G Infrastructure
Given their employment in the most demanding networks in the world, optical fibre and fibre -optic cabling are the most capable mediums for high-speed, long-distance data transfer. The functions of fiber go beyond the transmission of bits and bytes, for which it is well known. The telecom infrastructure involves using LTE networks and fibre optic cabling for 5G infrastructure. As a result, expanding the use of fibre for 5G infrastructure is projected to spur market expansion.
Opportunities
- Increasing usage of fiber optic connectors for telecommunications networks
The base of the telecommunications networks is fibre optics. The expansion of information traffic caused by the internet, multimedia, voice, data, and video increases the demand for a transmission medium with the bandwidth capacity to handle large amounts of information, mostly through multi fibre termination. The answer has been found to be fibre optics, which has a practically endless bandwidth. In response, it is projected that this will greatly expand the telecom, IT, and fibre optic cable market.
- Surging product launches by major market players
Increasing product launches by major market players will likely create immense opportunities for market growth from 2023 to 2030. For instance, in 2017, Amphenol Corporation declared the introduction of RJ45 Cat6a as a new connector. This new connector is protected against the EMI interrupter, which is providing with high data transmission. This augmented the product portfolio of the company.
Restraints
- Transmission loss and physical damage risk associated with fiber optic connectors in telecom
Transmission losses could occur with costly, fragile, and brittle fiber optic components. Although fiber optics have a physical bend of wires that is physically constrained and can be used on the ground, they are beneficial for data transfer. Hence, transmission loss and physical damage risks associated with fiber optic connectors in telecom are likely to hamper the market growth.
- Availability of alternative technologies
The most basic challenge faced by the manufacturer of fiber optic connectors in the telecom industry is introducing wireless technology, for instance, WLAN, to exploit the internet. Technological advancement has enhanced the features and speed of wireless technology. A noticeable major market shift toward the wireless local area network (WLAN) and wireless systems. They have become the most favorable choice for domestically accessing the commercial and internet sectors.
This Asia-Pacific fiber optic connector in telecom market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Asia-Pacific fiber optic connector in telecom market, contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In 2019, 3M announced their collaboration with Rosenberger OSI and Molex. The new collaborating partners of 3M supported the company in selling and manufacturing optical connector systems. This helped the company to raise its customer base of the company.
Asia-Pacific Fiber Optic Connector in Telecom Market Scope
The Asia-Pacific fiber optic connector in telecom market is segmented based on the product type and cable type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Lucent Connector (LC)
- Subscriber Connector (SC)
- Straight Tip (ST) Connector
- Ferrule Connector (FC)
- Multi-Fiber Push on (MPO) Connector
- E2000 Connector
- Others
Cable Type
- Duplex
- Multi-Fibre
- Simplex
Asia-Pacific Fiber Optic Connector in Telecom Market Regional Analysis/Insights
The Asia-Pacific fiber optic connector in telecom market is analyzed and market size insights and trends are provided by country, product type and cable type as referenced above.
The countries covered in the Asia-Pacific fiber optic connector in the telecom market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
China is dominating the Asia-Pacific fiber optic connector in telecom market because of the strong presence of huge market players. Furthermore, the high demand for fiber optic connectors from the consumer electronics vertical because of the strong presence of local players in manufacturing fiber optic connectors boosts the region's market growth.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia-Pacific Fiber Optic Connector in Telecom Market Share Analysis
The Asia-Pacific fiber optic connector in telecom market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Asia-Pacific fiber optic connector in telecom market.
Some of the major players operating in the Asia-Pacific fiber optic connector in telecom market are:
- TE Connectivity (Switzerland)
- Corning Incorporated (U.S.)
- Molex (U.S.)
- Amphenol Corporation (U.S.)
- Infinite Electronics International, Inc. (U.S.)
- Hitachi Information & Telecommunication Engineering, Ltd (Japan)
- Radiall (France)
- Delaire USA (U.S.)
- Belden Inc. (U.S.)
- Panduit (U.S.)
- HIROSE ELECTRIC CO., LTD. (Japan)
- Ratioplast-Electronics (Germany)
- RS COMPONENTS PTE LTD (U.K.)
- 3M (U.S.)
- Nexans (France)
- LEONI AG (Germany)
- Glenair, Inc. (U.S.)
- Extron (U.S.)
- CommScope (U.S.)
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