Fiber Optic Connectors Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

According to the report published by Facts & Factors, the global Fiber Optic Connectors Market size was worth around USD 3900 million in 2019 and is predicted to grow around USD 6,000 million by 2026 with a compound annual growth rate (CAGR) of roughly 8% between 2020 and 2026. The report analyzes the global Fiber Optic Connectors Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Fiber Optic Connectors Market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the fiber optic connectors industry. The report analyzes and declares the historical and current trends analysis of the fiber optic connectors industry and subsequently recommends the projected trends anticipated to be observed in the fiber optic connectors market during the upcoming years.

The fiber optic connectors market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire fiber optic connectors market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• As per our primary respondents, the China fiber optic connectors market is set to grow annually at a rate of around 9.0%
• It was established through primary research that the China fiber optic connectors market was valued at more than USD 300.00 million in 2019
• The robust industrialization in China is supposed to display the highest growth in the regional market as it is one of the developed economies.
• Increase urbanization is supposed to fuel market growth. The companies are supposed to invest in R&D to innovate the better product. Product invention will open new opportunities for the fiber optic connectors thus is expected to propel the industry demand in the upcoming years.
• The “LC (Lucent Connectors)” category, on the basis of product segmentation, was the leading revenue-generating category was accounted for around 40.0% share, in 2019.
• The “Simplex” category, on the basis of cable segmentation, was the leading revenue-generating category was accounted for more than 60.0% share, in 2019.
• The “Datacom” category, on the basis of application segmentation, was the leading revenue-generating category accounting for around 25.0% share, in 2019.
• The “IT and Telecom” category, on the basis of sales channel segmentation, was the leading revenue-generating category that was accounted for more than 30.0% share, in 2019.

Key Recommendations from Analysts

• The growing popularity of fiber optic connectors from end-use industries such as automotive, IT & telecom, and consumer electronics etc. in the various countries across the globe is increasing the demand for the fiber optic connectors segment. There is a huge demand for fiber optic connectors in developing regions such as the Asia Pacific, which is driving the IT and Telecom and the automotive industry in the regions.
• North America region is anticipated to a larger share of the fiber optic connectors market in the upcoming years.
• China's fiber optic connectors market is anticipated to rise at the highest rate between 2020 and 2026.
• Growing at a CAGR around 9.0%, China fiber optic connectors and mining market provides numerous opportunities for all of the involved stakeholders across the entire value chain
• Our analysts have identified “LC (Lucent Connectors)”, “Simplex”, “Datacom” and “IT and Telecom” categories as the leading investment pockets for China fiber optic connectors and mining market in terms of product, cable, application, and end-user segmentations respectively

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the fiber optic connectors industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the fiber optic connectors industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the fiber optic connectors market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the fiber optic connectors industry. The fiber optic connectors market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the fiber optic connectors sector. Key strategic developments in the fiber optic connectors market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the fiber optic connectors market are appropriately highlighted in the report.

Report Scope

The global fiber optic connectors market is experiencing significant growth that is expected to continue over the upcoming years. A massive rise in the demand for IT and Telecom and the automotive sector is likely to act as a key driver of the global fiber optic connectors market.

The fiber optic connectors market research report delivers an acute valuation and taxonomy of the fiber optic connectors industry by practically splitting the market on the basis of different types, applications, sales channels, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the fiber optic connectors industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the fiber optic connectors industry is provided for the leading economies of the world.

The fiber optic connectors market is segmented based on the product, cable, application, and end-user. On the basis of type segmentation, the market is classified into SC (Standard Connectors), LC (Lucent Connectors), FC(Ferrule Connector), ST (Straight Tip), MTP/MPO (Multiple-Fiber Push-On/Pull-Off), MXC Connector, Others [E2000 Connector - Laser Shock Hardening (LSH)]. In terms of cable segmentation, the market is bifurcated into simplex, duplex, and multi-fiber. In terms of application segmentation, the market is bifurcated into Datacom, DWDM Systems, High-Density Interconnection, Inter/Intra Building, Security Systems, Community Antenna Television, and Others. In terms of end-user segmentation, the market is bifurcated into the IT and Telecom, Automotive, BFSI, Manufacturing, Government, Healthcare, Aerospace and Defense, and Others.

Competitive Players

Some of the essential players operating in the fiber optic connectors market, but not restricted to include :

• ACON
• 3M
• Amphenol Corporation
• Arris Group Inc.
• AT&T
• Broadcom Limited
• Corning Cable Systems LLC
• Diamond SA
• Fiberhome
• Furukawa Electric Co. Ltd.
• Hirose Electric Co. Ltd.
• Hitachi Ltd.
• Ratioplast Electronics
• Sanwa
• Senko
• Sumitomo Electric Industries
• TE Connectivity Ltd.
• ZTE Corporation
• among others

The taxonomy of the fiber optic connectors market by its scope and segmentation is as follows:

Product Segment Analysis (Customizable)

• SC (Standard Connectors)
• LC (Lucent Connectors)
• FC(Ferrule Connector)
• ST (Straight Tip)
• MTP/MPO (Multiple-Fiber Push-On/Pull-Off)
• MXC Connector
• Others (E2000 Connector [Laser Shock Hardening (LSH)])

Cable Segment Analysis (Customizable)

• Simplex
• Duplex
• Multi-Fiber

Application Segment Analysis (Customizable)

• Datacom
• DWDM Systems
• High-Density Interconnection
• Inter/Intra Building
• Security Systems
• Community Antenna Television
• Others

End-User Segment Analysis (Customizable)

• IT and Telecom
• Automotive
• BFSI
• Manufacturing
• Government
• Healthcare
• Aerospace and Defence
• Others

Regional Segmentation Analysis (Customizable)

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa