Fiber Optic Connector/Mechanical Splice Market Forecast
According to ElectroniCast, fiber optic connectors used the American and EMEA regions are forecast for negative consumption value movement this year (2012); however, recovering in 2013 and beyond…
Upper Lake, CA (USA) – June 28, 2012 — ElectroniCast Consultants, a leading market & technology forecast consultancy addressing the fiber optics communications industry, today announced the release of their annual market forecast and analysis of the use of fiber optic connectors and mechanical splices in communication applications. The 2011-2016 market analysis and forecast is presented for each significant type of fiber optic connector and mechanical splice used in selected communication applications.
Volume set to Double (2x) According to ElectroniCast, the number of fiber optic connectors and mechanical splices reached 703 million units in 2011. In the year 2016, the worldwide consumption volume is forecast to increase by a factor of 2-times (2x), reaching over 1.57 billion units.
The American region (North America, Central and South America) led in global market share with 54% in 2011. American consumption is forecast to expand to at an average annual growth rate of 10.8% during the forecast period. The Asia Pacific (APAC) region is forecast to show the fastest growth with an average annual growth rate of 25 percent (2011-2016). EMEA (Europe, Middle East and Africa) fiber optic connector volume consumption, with 19.5 percent relative market share, trailed the second-place APAC (Asia Pacific) region in 2011.
“Unlike the Asia Pacific region, due to a market situation in mainly the Private Enterprise and Telecommunications end-user sectors, both the American and EMEA regions are forecast for negative consumption value this year (2012); however, recovering in 2013 and beyond,” said Stephen Montgomery, Director of the Fiber Optic Component group at ElectroniCast.
“As optical fiber use migrates closer and closer to the end user, where cable lengths are shorter with higher fiber counts, the requirements for jointing fibers becomes more critical. Fiber optic connectors (and mechanical splices) play a significant role in a network’s cost and performance and they are increasingly used in applications where flexibility for routing or reconfiguring is necessary,” Montgomery said.
This report is available immediately from ElectroniCast Consultants. For detailed information on this or other services provided by ElectroniCast, please contact Theresa Hosking, Director of Marketing/Sales; email@example.com (Telephone/USA: 707/275-9397)
According to ElectroniCast, the global fiber optic connector and mechanical splice consumption in 2011 reached 703 million units; forecast to reach 1.57 billion units in 2016…