The growing penetration of the fiber optics technology is encouraging manufacturers and
suppliers to invest in research & development for developing better products.
Researchers are focusing on innovating reliable and cost-effective fiber optic products,
as the production and installation of fiber optic products are quite tedious and costly.
Manufacturers strive to optimize production processes, by regulating efficiency and
prices, to curb other alternatives of the fiber optics technology.
The fiber optics market includes different fiber optic connectors such as SC connector,
LC connector, FC connector, ST connector, MTP connector, and others. Based on fiber
optic applications, the market is segmented into military & aerospace, oil & gas, telecom,
medical, BFSI, railway, and others. The telecom sector is the biggest application sector,
in terms of revenue, and is regulated by the regulations imposed by government and
other related regulatory authorities.
Further key findings from the report suggest:
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In 2015, the LC connector segment dominated the overall market, in terms of
revenue. A LC connector is used in high-density connections such as Cisco
Catalyst switches and Hewlett Packard Pro Curve.
In 2015, the North American regional market dominated the overall market and
accounted for the largest global market share (in terms of revenue)
The growing demand for fiber optic connectors can be attributed to the ever-
growing bandwidth requirements across enterprise and carrier networks
Fiber optics connectors finds dynamic applications across the medical industry, as
they are mainly deployed in flexible bundling, light conduction & illumination, and
laser delivery systems
The key industry participants include Corning, Inc., Optical Cable Corporation,
Sterlite Technologies Limited, 3M, and OFS Fitel, LLC.
Read our blog on Fiber Optic Connector Market:
http://www.grandviewresearch.com/blog/fiber-optic-connector-market-size-
research
Table of content of global Fiber Optic Connector market research report:
Chapter 1 Methodology and Scope
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