The fusion splicer market was valued at USD 570.5 million in 2016 and is expected to reach USD 762.3 million by 2022, at a CAGR of 4.72%.
Moreover, the fusion splicer market registered a shipment of 65,735 units in 2016 and is expected to reach 97,353 units by 2022, at a CAGR of 6.52% during the forecast period. The market growth can be attributed to several factors such as growing demand for high network bandwidth, low insertion loss, and rise in government funding. The major restraints for the fusion splicer market is the high cost for equipment.
The enterprise application is currently exhibiting a rapid adoption of fiber optic cables. Currently, many enterprises in China are engaged in developing new information infrastructures, which would include a huge number of fiber optic cables. This factor is indirectly expected to drive the growth of fusion splicer market in the enterprise application.
The need of high network bandwidth in the telecom sector acts as driving force for the growth of the fusion splicer market. The extensive development of telecommunication and broadband networks in Asia Pacific (APAC) has led to the increasing growth in the fiber optic market in this region, thereby increasing the demand for the fusion splicer.
- China Electronics Technology Group Corporation
- Darkhorsechina (Beijing) Telecom. Tech. Co., Ltd.
- Eloik Communication Equipment Technology Co., Ltd.
- Fiberfox Inc.
- Fujikura Ltd.
- Furukawa Electric Co., Ltd.
- Greenlee Communication
- INNO Instruments Inc.
- Ilsintech Co., Ltd.
- Nanjing DVP O.E. Tech. Co., Ltd.
- Nanjing Jilong Optical Communication Co., Ltd.
- Shanghai Xianghe Optical Fiber Communication Co., Ltd.
- Shenzhen Ruiyan Communication Equipment Co., Ltd.
- Signal Fire Technology Co., Ltd.
Sumitomo Electric Industries, Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Industry Trends
7 Fusion Splicer Market, By Offering
8 Fusion Splicer Market, By Alignment Type
9 Fusion Splicer Market, By Application
10 Geographic Analysis
11 Competitive Landscape
12 Company Profile
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