Market Research Report
Fusion Splicer Market by Offering (Hardware (Sheath Clamps, Electrodes, Electric ARC, CO2 Laser, Cleaver and Stripper), and Software & Services), Alignment Type (Core, and Cladding Alignment), Application, and Geography - Global Forecast to 2022
|Published by||MarketsandMarkets||Product code||498209|
|Published||Content info||156 Pages
Delivery time: 1-2 business days
|Fusion Splicer Market by Offering (Hardware (Sheath Clamps, Electrodes, Electric ARC, CO2 Laser, Cleaver and Stripper), and Software & Services), Alignment Type (Core, and Cladding Alignment), Application, and Geography - Global Forecast to 2022|
|Published: April 28, 2017||Content info: 156 Pages||
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.
The countries considered in APAC are China, Japan, India, Malaysia, and Rest of APAC. The APAC holds the largest share of the fusion splicer market as there is strong support for fusion splicer development from the Chinese and Indian government.
Breakdown of primary participants' profile by different parameters:
The key players operating in this market are Sumitomo Electric Industries (Japan), Furukawa Electric Co. Ltd. (Japan), Fujikura Ltd. (Japan), ILSINTECH CO., LTD. (Korea), INNO Instruments Inc. (Korea), Darkhorsechina (Beijing) Telecom. Tech. Co., Ltd. (China), China Electronics Technology Group Corporation (China), Nanjing Jilong Optical Communication Co.,,LTD. (China), Nanjing DVP O.E. TECH. CO., LTD. (China), Shenzhen Ruiyan Communication Equipment Co., LTD (China).
In this report, various segments such as offering, alignment type, application, and geography have been covered. The report also discusses the drivers, restraints, opportunities, and challenges for the market. The report provides a detailed view of the market across four main regions-the Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW). The competitive analysis section has been included in the report, which provides information about the vanguards, innovators, dynamic and emerging players.
Top 25 companies analysed for this study are - Sumitomo Electric Industries Ltd.; Furukawa Electric Co., Ltd.; Fujikura Ltd.; ILSINTECH CO., Ltd.; INNO Instruments Inc.; Darkhorsechina (Beijing) Telecom Tech. Co., Ltd.; China Electronics Technology Group Corporation; Nanjing Jilong Optical Communication Co., Ltd.; NanJing DVP OE TECH CO., LTD.; Shenzhen Ruiyan Communication Equipment Co., Ltd.; Signal Fire Technology Co., Ltd.; Shanghai Xianghe Optical Fiber Communication Co., Ltd.; Eloik Communication Equipment Technology Co., Ltd.; Fiber Fox, Inc.; Greenlee Communication; COMWAY Technology LLC; PROMAX Electronica SL; Multicom, Inc.; Yamasaki Optical Technology; Deviser Technology; EasySplicer; GAO Tek & GAO Group Inc.; 3SAE Technologies Inc.; Aurora Optics, Inc.; and China Web Group, Inc.
*Details on Business Overview, Products offered & Services strategies, Key Insights, Recent Developments, MnM View might not be captured in case of unlisted companies.