The Global Fiber Optic Connectors Market Report by The Business Research Company covers fiber optic connectors market drivers and restraints, fiber optic connectors market size, major players, and the impact of COVID-19 on the fiber optic connectors market.

The fiber optic connectors market consists of sales of fiber optic connectors by entities (organizations, sole traders, and partnerships), which are high-speed connectors used for public telecommunication networks and wiring installations. A fiber optic connector is a flexible device that can connect and disconnect fiber optic cable quickly. Only goods and services traded between entities or sold to end consumers are included.

The number of people using smart devices and smartphones and commercialization of 4G LTE and 5G network platforms is rapidly increasing, which will drive the growth of the global fiber optic connectors market.

The global fiber optic connectors market is expected to grow from $4.20 billion in 2020 to $4.53 billion in 2021 at a compound annual growth rate (CAGR) of 7.68%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.02 billion in 2025 at a CAGR of 7.38%.

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Some fiber optic connectors market trends include the innovation of the 180-micron fiber cable. In April 2020, Prysmian Group announced the world’s first 180µm fiber cable for FTTx and 5G networks. Prysmian combines the two technologies to start its sirocco extreme micro duct cable with 288 fibers in a diameter of 6.5mm, providing diameter and fiber density for a blown micro duct cable of 288 fibers. With a fiber thickness of 8.7 fibers per mm2, it is possible to install the cable into an 8mm ID duct where before it was only possible to install up to 192 fibers. This makes it feasible to install more fibers into full duct space and allows the use of smaller ducts for new installations, rising in cheaper installation costs and the use of less raw materials.

Global fiber optic connectors market segments include:

1) By Product: SC (Standard Connectors), LC (Lucent Connectors), FC (Ferrule Connector), ST (Straight Tip), MTP/MPO (Multiple-Fiber Push-On/Pull-Off), MXC Connector, Others.

2) By Cable: Simplex, Duplex, Multi-Fiber.

3) By Application: Telecommunication, Inter/Intra Building, Community Antenna Television, Datacentre, High Density Interconnection, Security Systems, Others.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Fiber Optic Connectors Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides fiber optic connectors market overviews, analyses and forecasts market size, share, fiber optic connectors market players, fiber optic connectors market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The fiber optic connectors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Fiber Optic Connectors Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: 3M, Corning Cable Systems LLC, Hitachi Ltd., ZTE Corporation, Amphenol Corporation, Alcatel-Lucent S.A., Broadcom Limited, Hirose Electric Co. Ltd, Furukawa Electric Co. Ltd, Sumitomo Electric Industries, Diamond SA, TE Connectivity Ltd., Sterlite Optical Technologies, Extron Electronics, Optical Cable Corporation, Ratioplast-Optoelectronics GmbH.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Fiber Optic Connectors Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Fiber Optic Connectors Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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