Increasing Need for High-Speed Bandwidth Drives Demand for Fiber Optic Components, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Fiber Optic Components markets. Global market for Fiber Optic Components is projected to reach US$80.6 billion by 2018, driven by growing bandwidth requirements as a result of robust mobile broadband penetration.

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Fiber Optic Components: A Global Strategic Business Report

San Jose, California (PRWEB) December 03, 2013

Follow us on LinkedIn - Relentless demand for higher bandwidth speeds has transformed the cabling technology. Advent of fiber optics, in particular, has revolutionized the market for cables, given the ability of fiber optics to offer high speed, agility, and accessibility which are essential for the provision of next generation data services such as, online gaming, IP VOD, and video-calling. The massive data explosion triggered by bandwidth heavy multimedia content, use of advanced applications, and faster network servers are all contributing to traffic congestion, thereby creating a dire need for networks to support high transmission speeds. This need is expected to continue gathering momentum with businesses adopting latest networking technologies, such as data warehousing, cloud computing, server virtualization, all of which have higher storage needs, and bandwidth-hogging applications.

All of these factors are driving investments in fiber optic networks, including fiber optic components. Advancements in cabling technology, over the years, have resulted in significant growth in demand for fiber optic components such as transceivers, optical amplifier, coupler/splitters, WDM multiplexer and demultiplexers, filter, isolator, circulator, attenuator, optical switches, and wavelength converters, among others. The ongoing transition to high-speed fiber optic networks, like 40 and 100 Gbps networks, is also likely to continue well into the future spawning opportunities for fiber optic components. Liberalization of regulatory regimes in several countries and support from government for deployment of FTTH/B bode well for the market. The emergence of FTTH as an effective solution to fulfill the current and future data demands of a wired home network is poised to benefit market growth.

As stated by the new market research report on Fiber Optic Components, Asia-Pacific and Latin America present huge growth opportunities supported by the continuous rise in the number of fixed broadband subscribers. India and China especially are expected to witness rapid growth in the coming years as a result of the strong emphasis placed on the indispensability of fiber optic deployments. China is considered as the most promising market for fiber optic component manufacturers, owing to the escalating demand for faster bandwidth as well as the untapped opportunities offered by the country’s huge population base.

Fiber Optic Transmitters/Receivers represents the largest product market. Fiber Optic Connectors market is forecast to register the fastest CAGR of 14% over the analysis period. Growth in the fiber optic connectors market will be driven by increased deployment of next-generation networks in the telecom industry, government supported investments in fiber optical networks, and increasing trend towards smaller and multi-fiber connectors installed closer to end users.

Major players covered in the report include 3M Company, Alcatel-Lucent SA, Amphenol Corporation, ARRIS Group Inc., Avago Technologies, Corning Incorporated, Ciena Corporation, Diamond SA, Fujikura Ltd., Furukawa Electric Co. Ltd., Hitachi Metals Ltd., HUBER+SUHNER AG, JDS Uniphase Corp., Molex Incorporated, Methode Electronics Inc., Siemens AG, Sumitomo Electric Industries Ltd., Telect Inc., TE Connectivity Ltd, and Tellabs Inc., among others.

The research report titled "Fiber Optic Components: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, issues, and strategic industry activity of major companies worldwide. The report provides market estimates and projections for geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World. Product segments analyzed include Fiber Optic Connectors, Fiber Optic Couplers, Fiber Optic Transmitters/Receivers, Fiber Optic Amplifiers, and Others.

For more details about this comprehensive market research report, please visit - http://www.strategyr.com/Fiber_Optic_Components_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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