- According to a market report by Lucintel, the future of the global fiber optic connector market looks promising with opportunities in the telecom, oil and gas, military & aerospace, BFSI, medical, and railway markets. The global fiber optic connector market is expected to reach an estimated $3.3 billion by 2030 from $2.1 billion in 2024, at a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are the increasing need for abundant bandwidth, heightened safety considerations, and the expanding applications of fiber optic connectors, growing applications of FTTH (fiber to the home), and rising prevalence of mobile devices.
A more than 150-page report to understand trends, opportunity and forecast in fiber optic connector market to 2030 by type (lucent connector (LC), subscriber connector (SC), straight tip (ST),MUlti-fiber termination push on/pull off (MTP), master unit (MU), fiber distributed data interface (FDDI), sub MUlti assembly (SMA), and others), application (telecom, oil and gas, military & aerospace, BFSI, medical, railway, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that lucent connector (LC) will remain the largest segment over the forecast period growing density packaging and push-pull locking system.
APAC will remain the largest region over the forecast period due to surge in infrastructure development projects, rapid advancements in sectors like telecommunications and information technology, and the increasing presence of manufacturing industries in this region.
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3M, Amphenol, Aptiv, Broadcom, Extron, Molex, OCC, Siemens, Shenzhen ADTEK Technology, TE Connectivity are the major suppliers in the fiber optic connector market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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