• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Connector Tips

Connector Tips has connector and electrical connector news, product highlights and and editorial coverage.

  • Industry News
  • Products
  • Basics
  • Electronics
    • Electronics
  • Markets
    • Aerospace
    • Automation
    • Electrical & Instrumentation
    • Medical
    • Military
    • Off-Highway
    • Oil/Gas
    • Telecom/Data
  • Suppliers
  • Newsletter Subscription
  • Video

Study says fiber optic connectors market to nearly double by 2021

February 29, 2016 By Mary Gannon Leave a Comment

Transparency Market Research (TMR) has published a new report on the global fiber optic connectors market, indicating that the market for these connectors is predicted to reach $4.4 billion by 2021, nearly double its value of $2.7 billion in 2014.

TMR’s report, ‘Fiber Optic Connectors Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021,’ states that the global fiber optic connectors market is expected to expand at a 7.40% CAGR from 2015 to 2021 owing to the increasing demand for high bandwidth and the increasing applications of fiber optic connectors, especially in medical applications.

Preview or purchase the entire report here.

The growth will most likely be attributed to technological advancements, large-scale production of optic connectors, and economic growth in emerging markets. However, factors such as the high cost of fiber optic connectors, low level of automation of fiber optics, and growth in wireless networking systems are predicted to hamper the growth of the global fiber optic connectors market in the years to come.

Globally, North America and Asia Pacific are the largest markets for fiber optic connectors, with Amphenol (U.S.), Arris Group (U.S.), Hitachi (Japan), Diamond SA (Switzerland), Furukawa Electric Co. Ltd. (Japan), 3M (U.S.), TE Connectivity Ltd. (Switzerland), Avago Technologies (Singapore), and Sumitomo Electric Industries (Japan) leading current and future developments.

Driving their expansion is the growing demand for higher bandwidth in telecom applications, as well as increasing demand for optical interconnections in datacenter networks and technical advancements in fiber optic components.

Filed Under: Industry News, Products

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

EE TRAINING CENTER CLASSROOMS

EE Classrooms

RSS Current EDABoard.com discussions

  • Feedback loop of TL431 based linear regulator?
  • timer event handling in C# scpi equipment communication
  • Op-amp simulation
  • UCC28070A PFC controller in DCM?
  • How to reduce the ring and spike on VDS of MOSFET

RSS Current Electro-Tech-Online.com Discussions

  • 2nd pcb design program?
  • My NE555 chips gone bad
  • Nokia 5110 HW in Oshonsoft
  • alternate of 80386/486 microprocessor
  • Drill speed controller fault
Subscribe today

Follow us on Twitter

Tweets by ConnectorTips

Footer

EE WORLD ONLINE NETWORK

  • EE World Online
  • EDA Board Forums
  • Electro Tech Online Forums
  • Analog IC Tips
  • DesignFast
  • Microcontroller Tips
  • Power Electronic Tips
  • Sensor Tips
  • Test and Measurement Tips
  • Wire and Cable Tips
  • 5G Technology World

Connector Tips

  • Subscribe to our newsletter
  • Advertise with us
  • Contact us
Follow us on TwitterAdd us on FacebookFollow us on YouTube Follow us on Instagram

Copyright © 2022 · WTWH Media LLC and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media.

Privacy Policy