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Download Free sampleThe global Fiber Optic Connector market was valued at 3152.26 Million USD in 2021 and will grow with a CAGR of 1.65% from 2021 to 2027, based on Research newly published report.
The prime objective of Fiber Optic Connector Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Fiber Optic Connector Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Fiber Optic Connector is a device used to connect light from one section of optical fiber to another section of optical fiber. The optical fiber is a long thin cylindrical fiber made from glass or plastic, as tiny as one tenth of a human hair. Since optical fibers are so tiny, fiber optic connectors have to be made with high precision, at the scale of 0.1um which is one hundredth of a human hair.Fiber optic connectors align two fibers end to end so precisely that light can travel from one fiber into another without bouncing off the interface and loss its signal. Besides, fiber optic connectors provide cross connect flexibility for the telecommunication network. So a complicated computer network could be made modular and easy to manage. Optical fiber connectors were introduced with fiber optic technology in the 1980s. Commonly used fiber connectors include the SC connector, FC connector, ST connector, FDDI connector, LC fiber connector and E2000 connector. Asia is the largest market for fiber optic connector with the market share of 68% in terms of production. During the same period, China and Taiwan is the largest consumers in terms of consumption volume with a market share of 44% in Asia, followed by Japan and Korea. For the regions of India and Southeast Asia, the growth rate of production and consumption is high. The market concentration is not high. The top 6 listed companies only occupy about 46% of the market. The leading manufacturers include CommScope, Amphenol, Molex and Sumitomo Electric, FIT and China Fiber Optic etc. (FIT is the largest foundry of the global).
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