06 March 2019
Optical Time Domain Reflectometer (OTDR) Market Forecast
Global use of handheld OTDRs and associated devices reach $407.33 million in 2018
Aptos, CA (USA) – March 4, 2019 -- ElectroniCast Consultants, a leading market and technology research consultancy addressing the fiber optics communications industry, today announced the release of their annual market forecast of hand-held OTDR fiber optic test devices. The new report provides a 10-year forecast of the worldwide market for handheld OTDRs and multiple-test units (platforms) using OTDR modules, as well as supplementary/secondary (add-on) OTDR-based modules.
An Optical Time Domain Reflectometer (OTDR) is a fiber optic test instrument used as a troubleshooting device to find faults in the optical fiber link.
According to ElectroniCast Consultants, the worldwide use of handheld OTDR and associated devices reached $407.33 million in 2018, up from $397.8 million in 2017. Telecommunications reached $289.63 million, representing a 72.5 percent market share, last year.
The Cable TV sector is forecast to increase in volume (quantity/number of units) at over 5% annually during the forecast period (2018-2028). Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.
The consumption value of OTDRs in the Private Networks is forecast for very impressive “double-digit” annual growth over most of the next 10-years, due to the increase in optical fiber deployment in LANs (local area networks), campus (LAN extension inter-building, LAN-to-LAN and redundant lines), and (very large) Data Centers (DCs), driven by critical high-speed data applications.
Military/Aerospace applications, as well as various specialty/other applications are also quantified in this report of the study. ElectroniCast defines the use of handheld OTDRs in Specialty applications, as units testing the deployment of Sensors, which are not used in the other applications). Specialty applications also include the use of OTDRs in used in Industrial, Laboratory, rental units, other applications and non-specific/miscellaneous.
This market forecast report, which is available immediately, is part of a consultant service from ElectroniCast Consultants to our clients. This market forecast report is available immediately from ElectroniCast Consultants. 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.electronicast.com specializes in forecasting trends in 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.