Global Fusion Splicer Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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“Global Fusion splicer Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global fusion splicer market report has been segmented on the basis of offering, alignment type, application, and region.
Global Fusion Splicer Market: Overview
Fusion splicer is used for spicing, which is a process used for welding or fusing two fibers via an electric arc. Splicing offers reliable and strong joint between two fibers with least reflectance and loss. Commonly, fusion splicer is an automated tool that controls the splicing process itself. Strip, clean, and cleave is a process used for all the fibers to be spliced.
Global Fusion Splicer Market: Dynamics
A Major factor driving growth of the global fusion splicer market is increasing demand for increased network bandwidth among end users. The Fusion splicing offers a secure environment and minimum cable failure. It blocks the path of dust and any other type of contaminants from entering the optical path of fiber. It also provides strong mechanical strength. These are some of the factors fueling growth of the target market. Moreover, government investment for the development of fiber optic networks is a factor expected to support growth of the global fusion splicer market in the near future.
However, the high initial cost of fusion splicer is a factor that could affect growth of the global fusion splicer market. In addition, lack of technological knowledge and skilled personnel is another factor that may affect demand for fusion splicer among end users. Nevertheless, growing telecommunication industry can create high revenue opportunities for players in the target market.
Global Fusion Splicer Market: Segment Analysis
Among the offering segments, the software and services segment is expected to register high growth in terms of revenue in the near future. Key players are offering pre and post sales services as well as process improvement consultation, maintenance service agreements, customized hardware, and software design, etc. is a factor driving growth of this segment in the global market.
Among the alignment type segments, the core alignment segment is expected to dominate the growth of the target market in terms of revenue over the forecast period. Increasing preference for core alignment, owing to its high reliability and accuracy is a factor driving growth of this segment in the global market. Core alignment is used in specialty fiber applications, backbone networks, community access TV installations, etc.
Global Fusion Splicer Market: Regional Analysis
The market in the Asia Pacific is expected to dominate growth of the target market in terms of revenue over the forecast period. Upgradation and expansion of the optical network in countries in the Asia Pacific region is a factor driving growth of the target market. Growing telecommunication and broadband networks, as well as rising demand for high network bandwidth, are factors supporting growth of the target market in this region. The market in North America is anticipated to account for second-highest share in terms of revenue in the near future, followed by Europe, Latin America, and Middle East & Africa.
Global Fusion Splicer Market Segmentation:
Segmentation by Offering:
- Software and Services
- Sheath Clamps
- Display and Microscope
- Heating Element
- Batteries and Power Chords
- Tube Heater
Segmentation by Alignment Type:
- Cladding Alignment
- Core Alignment
Segmentation by Application:
- Aerospace & Defense
- Cable TV
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Furukawa Electric Co., Ltd.
- Sumitomo Electric Industries, Ltd.
- INNO Instrument Inc.
- Fujikura Ltd.
- Darkhorsechina (Beijing) Telecom. Tech. Co., Ltd.
- Ilsintech Co., Ltd.
- Nanjing Jilong Optical Communication Co., Ltd.
- China Electronics Technology Group Corporation
- Shenzhen Ruiyan Communication Equipment Co., Ltd.
- NanJing DVP O.E.TECH. CO., LTD
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