Global Market for Fiber Optic Components to Exceed US$44 Billion by 2010, According to a New Report by Global Industry Analysts, Inc.

Share Article

High bandwidth and low attenuation properties of fiber optics have promoted their widespread utilization across various industrial applications. Fiber optics are strengthening telecom infrastructure around the world, as mobile phone and cable companies establish fiber optic networks for strengthening services and lowering costs. Worldwide sales of fiber optic components are projected to exceed US$44 billion by 2010, while demand for optical fiber is projected to exceed 103 Million KM by 2009.

Fiber Optic Products & Applications: A Global Strategic Business Report

Fiber optics industry is expected to grow in spite of high consolidation. Optical Fiber demand is primarily driven by increased demand for broadband Internet connections in North America and China. With surplus manufacturing capacity of optical fiber and centrally regulated tender process, China has emerged as a very price sensitive market. United States represents the largest market for fiber optic components, with an estimated share of 39.02% of the global market in 2007.

Transmitters/Receivers constitute the largest product segment in the worldwide fiber optic components market with estimated sales of US$12.6 billion in 2007. Sales of fiber optic components in US are projected to grow at a compounded annual growth rate (CAGR) of 13.98% during the period 2000-2010.

Telecom equipment and associated installation equipment, private data networks and related equipment are expected to boost the worldwide fiber-optic connector sector. Strong rise in quantity and a fall in average prices are also the drivers. Demand for relatively shorter links deployed in local loop and private data networks would fuel the connector consumption in North America. Healthy competition in delivering broadband services to residential customers and businesses fuel the connector consumption in Europe. The trend of telecom liberalization and encouraging national economic polices are stimulating demand in Asia-Pacific and other parts of the world.

Key players listed in the report include 3M, ADC Telecommunications, Inc., Advanced Cable Systems Corp., Agilent Technologies Inc., Alcatel-Lucent SA (France), Amphenol Corporation, ARRIS Group Inc., Corning Inc., Corning Cable Systems LLC, Diamond SA Fujikura Ltd., Furukawa Electric Co., Ltd., Hirose Electric Co., Ltd., Hitachi Cable Ltd., HUBER+SUHNER, Infineon Technologies AG, Japan Aviation Electronics Industry, Ltd., JDS Uniphase Corp., Methode Electronics Inc., Molex Inc., Nortel Networks, Ortel Corporation, Siemens AG, Sterlite Optical Technologies Ltd., Sumitomo Electric Industries Ltd., Telect, Inc., Tellabs, Inc., and Tyco International Ltd.

"Fiber Optic Products & Applications: A Global Strategic Business Report", published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, product profile, recent developments, mergers, acquisitions, profiles of major players and other strategic industry activities. Analysis is presented for major geographic markets such as US, Canada, Japan, France, Germany, Italy, the UK, Asia-Pacific, Latin America and rest of world. Analytical estimates and projections for fiber optic components are presented in terms of annual sales in US$. Product segments independently analyzed include Fiber Optic Connectors, Fiber Optic Couplers, Fiber Optic Transmitters/Receivers, Fiber Optic Amplifiers, and Others.

For more details about this research report, please visit http://www.strategyr.com/Fiber_Optic_Products_And_Applications_Market_Report.asp.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Web Site http://www.StrategyR.com/

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Public Relations
Visit website