News Article
Equipment for fibre optics set to rocket
The worldwide consumption value of fibre optic fusion splicers reached $467 million in 2013
ElectroniCast Consultants is releasing an extensive report covering the worldwide market for Fibre Optic Fusion Splicers. The report provides an analysis of 2013 and a 5-year forecast from 2014 to 2018 of the use of fibre optic fusion splice machines.
A Fusion Splicer is specialised instrument used to join optical fibres to each other.
The global consumption value of fibre optic fusion splice equipment in 2013 was $467 million. The consumption value is forecast to increase at nearly double-digit annual growth, with strongly rising quantity growth partially offset by a continuing decline of average prices. The market forecast data in the study report refers to consumption for a particular calendar year; so, this data is not cumulative data.
In 2013, the Asia Pacific region led in the consumption value of fibre optic fusion splicers. Helped along substantially by consumption in China, the Asia Pacific region is forecast increase in relative market share during the forecast period.
he North American region held the 2nd-place position, followed by the European region. Mexico is part of the North American market forecast, along with Canada and the United States.
The Rest of World regional segment covers the Middle East, Africa and Central/South America. The South America region, especially, is showing aggressive growth rates in terms of fibre optic fusion splice machine implementation.
According to ElectroniCast, in 2013 Telecommunications represented 63 percent of the worldwide consumption of fibre optic fusion splicers. The use of fusion splicers in Specialty applications is forecast to increase at an average annual growth rate of 7.6 percent from 2013 to 2018.
The Fibre Optic Fusion Splicer Global Market Forecast & Analysis (February 2014) report is available immediately.
A Fusion Splicer is specialised instrument used to join optical fibres to each other.
The global consumption value of fibre optic fusion splice equipment in 2013 was $467 million. The consumption value is forecast to increase at nearly double-digit annual growth, with strongly rising quantity growth partially offset by a continuing decline of average prices. The market forecast data in the study report refers to consumption for a particular calendar year; so, this data is not cumulative data.
In 2013, the Asia Pacific region led in the consumption value of fibre optic fusion splicers. Helped along substantially by consumption in China, the Asia Pacific region is forecast increase in relative market share during the forecast period.
he North American region held the 2nd-place position, followed by the European region. Mexico is part of the North American market forecast, along with Canada and the United States.
The Rest of World regional segment covers the Middle East, Africa and Central/South America. The South America region, especially, is showing aggressive growth rates in terms of fibre optic fusion splice machine implementation.
According to ElectroniCast, in 2013 Telecommunications represented 63 percent of the worldwide consumption of fibre optic fusion splicers. The use of fusion splicers in Specialty applications is forecast to increase at an average annual growth rate of 7.6 percent from 2013 to 2018.
The Fibre Optic Fusion Splicer Global Market Forecast & Analysis (February 2014) report is available immediately.
