Fusion Splicer Market Application, Methodology & Trend Analysis to 2022

 Pankaj Sayaji

The 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", According to this market research report, 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. Factors such as the growing demand for high network bandwidth and low insertion loss are driving the growth of the fusion splicer market.

Software & services expected to grow at a higher rate between 2017 and 2022

The fusion splicer market for software and services is expected to grow at a higher rate compared with the fusion splicer market for hardware, due to the increased focus by companies on improving their pre and post sales services. Presently, the companies provide custom engineering services that also includes customized hardware and software design, process improvement consultation, advanced training, and maintenance service agreements.

Get Free 10% Customization @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=92182007

Fusion splicer market for core alignment type expected to hold the largest share in 2017

The core alignment method provides precise fiber alignment, which results in a typical splice loss of only 0.02dB. This level of precision is required for all single mode fiber applications as well as enhances performance of multimode fiber. This core alignment fusion splicer is primarily preferred for community access TV (CATV) installations, backbone networks, specialty fiber applications, and optical components manufacturing because of its high accuracy and reliability.

Fusion splicer market in APAC likely to grow at a high rate during the forecast period

The need for high network bandwidth in the telecom sector acts as a 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.

Major players operating in the fusion splicer market are Sumitomo Electric Industries (Japan), Furukawa Electric Co. Ltd. (Japan), Fujikura ltd Ltd. (Japan), ILSINTECH CO., LTD. (Korea), INNO Instruments Inc. (Korea), and Darkhorsechina (Beijing) Telecom. Tech. Co., Ltd. (China).

Read More @ https://www.prnewswire.com/news-releases/fusion-splicer-market-worth-7623-million-usd-by-2022-620732733.html

About MarketsandMarkets

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com

Domain: Electronics
Category: IT
Posted By: Pankaj Sayaji and Contact Pankaj Sayaji
weSRCH App on Apple

Recent Press Releases

Focus F&B: The Best Food And Beverag...

[24 January 2019, Richmond Hill, Georgia] If you are in the hotel and restaurant business then you ought to be fully aware of the role that food and beverage plays in satisfying th

24 January, 2019

Ferrite Heat Resisting Steels Market...

Excell Reports has released its latest research-based report entitled “Ferrite Heat Resisting Steels” Market.' This comprehensive report provides a holistic approach to

24 January, 2019

Global Dental Software Market 2018 A...

The global dental software market has been examined as a swiftly growing market and is expected to grow at a tremendous rate. The Global Dental Software market is expected to witne

24 January, 2019