06 March 2019
Fiber Optic Fusion Splicers Market Forecast
The Asia Pacific region is forecast to lead in fusion splicer use over the next decade
Aptos, CA (USA) – February 20, 2019 -- ElectroniCast Consultants, a leading market and technology research consultancy addressing the optical communications industry, today announced the release of an extensive study report covering the worldwide market for Fiber Optic Fusion Splicers, covering the years 2018-2028.
A Fusion Splicer is specialized instrument used to join optical fibers to each other. The generally accepted splicing method is arc fusion splicing, which melts the fiber ends together with an electric arc. The new market report, provides a forecast for the use of fusion splicers by various fiber optic-based communication applications., such as: Telecommunications; Private Enterprise Networks; Cable TV; Military/Aerospace; and Specialty applications.
Telecommunications/Multimedia represented a 69.5 percent share of worldwide consumption of fiber optic fusion splicers last year; the Telecommunication/Multimedia consumption value reached $301.9 million in 2018. Electrical and communication wiring contractor’s annual use of fusions splicers to install optical fiber Private Enterprise Networks is forecast to increase steadily through the year 2023. Besides the use optical fiber in Local Area Networks (LANs), fiber cable installation for LAN-to-LAN (campus), Data Centers (DCs), and various wire/hybrid fiber optic cable installations are fast becoming a noticeable user of fusion splicers.
The “Greater China Region” (Mainland China, Hong Kong, Macau and Taiwan) is forecast to remain the major user of fusion splicers in the Asia Pacific region (APAC). The Asia Pacific region is forecast to increase in relative market share, driven by countries expanding the reach and density capabilities of their mobile/wireless device (optical fiber) infrastructure, as well as bringing optical fiber closer to the drop-areas, such fiber to the building.
Last year, the bench top fusion splicers, which typically have a higher average selling price (ASP) versus the Micro/Handheld type in held over 70 percent share of worldwide consumption value of multiple-fiber or ribbon-type fiber optic fusion splicers. However, in terms of volume (quantity/units), the micro/handheld fixed alignment (clad alignment) fusion splicers led in market share for single fiber splicers in 2018.
The Fiber Optic Fusion Splicer Global Market Forecast & Analysis (2018-2028) report is available immediately. For detailed information on this or other services provided by ElectroniCast, please contact Theresa Hosking, Marketing/Sales; firstname.lastname@example.org (Telephone/USA: 831-708-2381)
ElectroniCast Consultants – www.electronicastconsultants.com specializes in forecasting trends in communication networks and in the products used in those networks. This includes technology forecasting, markets and applications forecasting, strategic planning and consulting. ElectroniCast Consultants, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communication and data network companies and the financial community. Reduction of the risk of major investment decisions is the main benefit provided. ElectroniCast Consultants’ goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.