Fibre Optic Connectors Market
Information Technology

Global Fibre Optic Connectors Market Size, Forecasts, And Opportunities

Learn about the global fibre optic connectors market through The Business Research Company, which provides information on fibre optic connectors market size, fibre optic connectors market drivers and restraints, fibre optic connectors market players, the COVID-19 impact on the fibre optic connectors market, and more.

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The global fibre 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%.

The number of people using smart devices and smartphones and commercialization of 4G LTE and 5G network platforms is expected to drive innovation in fibre optic connectors manufacturing, thus driving the market during the forecast period.

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

Global fibre optic connectors market segments include:

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

By Cable: Simplex, Duplex, Multi-Fibre

By Application: Telecommunication, Inter/Intra Building, Community Antenna Television, Data Center, 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. Among these regions, Asia Pacific was the largest region in the fibre optic connectors market in 2020.

The innovation of 180-micron fibre cable is shaping the fibre optic connectors market.

TBRC’s fibre optic connectors market report covers:

Major Market Players: 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)

The Fibre Optic Connectors Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides fibre optic connectors market overviews, analyses and forecasts market size, share, fibre optic connectors market players, fibre optic connectors market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s fibre 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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