According to a new market research study issued by Credence Research, "the — overall fiber cleaver market worldwide was valued at US$ 40.25 million in 2018 and is expected to grow with a CAGR of 2.8% over the forecast period." The overall fiber cleaver market is driven by the deployment of fiber optic cable assemblies in data centers, along with the continuous deployment of the FTT cleaver market. In terms of market demand, the requirement for comprehensive, easy-to-use, accurate and durable fiber optic planning & preparation and termination of devices is increasing. Major market players such as Fujikura, Furukawa, Sumitomo Electric, Mayflex, and Thorlabs are developing new technologies for the use of fiber cleavers across the optical fiber industry's value chain. FTTH is a very popular integrated communication tool that uses fiber optic technology to enable communication methods that are much faster and more effective. Using optic fiber wire, this technology connects the homes to the operator. FTTH requires heavy fiber cleaver use and is also the most advanced technology to build the communication network next generation. For example, more than 130 + million homes across different parts of the world use fiber connections.
Full Report of Fiber Cleavers Market @ https://www.credenceresearch.com/report/fiber-cleavers-market
Fiber cleavers capable of cleaving single-mode, multimode, single-fiber & up to 24 fiber ribbon fibers, very high-precision desktop cleavers provide up to 48,000 single cleaves. Growing adoption of angled optical fiber cleaver, fiber-type cladding cleaver, and blade cleavers is expected to open up fresh possibilities for fiber cleaver market development during the forecast period. It is also predicted that better-automated scoring mechanism and streamlined cleaving process will foster market value growth of the fiber cleaver.
Based on type, benchtop cleaver is projected to be used for fiber cleaving to maintain the fastest growth over the forecast period. The handheld cleaver is followed by the segment. In the fiber optics industry, Benchtop cleavers are the most widely used cleavers. They use diamond or tungsten blade to provide the fiber nick and then apply tension to fiber to create a cleaved end face. In addition, the telecommunications industry continues to enjoy the major market share over the forecast period, based on application. Asia Pacific dominates the market with the highest share of revenue based on geography. In 2016, the region of Asia Pacific employed close to 160,000 fiber stripper and new fiber cleaver units. China, Korea, and Japan are the leading consumers of fiber cleaver and fiber stripper units, but India is also estimated to be the fast adopter of the APAC region's optical fiber communication technologies.
Fiber Cleavers Market To Be Driven By The Rapidly Growing Fiber Optic Network Deployment Worldwide
Company Profiles in report:
Nanjing Jilong Optical Communication
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About Credence Research (Original publisher)
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Name: Chris Smith
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Organization: Credence Research
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