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Market Overview:Market Research Future (MRFR) reports that the global fiber optic cable assemblies market is expected to exhibit a healthy growth during the assessment period. The growth of market can be primarily accredited to the increased adoption of fiber optic cable assemblies in network infrastructure.
High speed broadband capacity of fiber optic cable assemblies is driving their adoption across various sectors such as aerospace, automotive, telecommunication among others. Businesses are replacing their conventional broadband infrastructure with high-performance fiber optics, which is reflecting favourably on the market. Moreover, increased demand for high-speed data is proving an impetus on the fiber optic cable assemblies. It is projected that the global Fiber Optic Cable Assembly Market will benefits for the rapid adoption of fiber optics in data management & telecommunication.
Key Players
The prominent players in the global fiber optic cable assemblies market are – RF industries (U.S.), Finisar Corporation (U.S), Optec Technology Limited (Hong Kong), Fiber connection Inc. (Canada), TE Connectivity (Switzerland), Carlisle Companies Incorporated (U.S), Molex Incorporated (U.S), Amphenol Fiber Systems International (U.S), Delphi Automotive PLC (U.K) and among others.
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Fiber Optic Cable Assemblies Market- Segmentations
The segmental analysis of the market has been conducted on the basis of cable lengths, mode type, product types, and end users.
On the basis of lengths, the market has been segmented into custom and standard. On the basis of mode type, the market has been segmented into multimode and single-mode. On the basis of product type, the market has been segmented into long length assemblies, fiber jumpers, connectorized assemblies, high complex breakout assemblies and others. On the basis of end-user, the market has been segmented into IT & telecommunication, industries, defence & government, and automotive
Global Fiber Optic Cable Assemblies Market: Regional Analysis
The market has been studied in several region, which include Asia Pacific (APAC), Europe and North America. Of these, the market is expected to remain highly attractive in North America. This is mainly owing to the faster adoption of high capacity bandwidth. After North America, Europe is perceived as the go-to destination for market players. APAC is also viewed as an emerging market for fiber optic cable assemblies. Countries such as India and China are expected to play an important in driving the market growth in APAC during the forecast period.
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Industry News
AirBorn, a Texas-based companies having expertise in manufacturing novel and robust electronics components. The company, which is also known for offering interconnects and value-added solutions has recently unveiled a new product “SAOC® (Space-rated Active Optical Cable)”. AirBorn’s SAOC® next-generation space interconnect is a touted as a high performance active optical cable.
L-com a leading manufacturer of wired and wireless connectivity products has reportedly launched a new line of active optical cables. The product will cater to enterprise networking and high-speed data centers requirements.
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Organization: Market Research Future
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Release ID: 88924777