The Global Fiber Optic Cable Assembly market is expected to grow at a significant CAGR during the forecast period. Fiber optic connectors are used to connect fiber optic cables with the lowest amount of light loss possible. They’re used for mechanical connecting and aligning core fibers to enable efficient light transmission while maintaining high reliability, high return loss, and low insertion loss. They’re also used to terminate cables, with a structure that includes a connector body, cable, ferrules, and a coupling device. Security systems, data centers, inter and intra building applications, community antenna TVs, communications, and high-density connectivity are just a few of the areas where fiber-optic connections are used.
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The increased usage of mobile devices such as 4G LTE network platforms, smartphones, and tablets provides various opportunities for market expansion. High-speed data services are required by audio and video services cloud-based applications, online gaming, and CATV, which is a factor, driving the rise of optical fiber cable. The usage of fiber optic connections is increasing due to the high data security demands of the defense and aerospace sectors.
In 2018, the Indian Prime Minister Narendra Modi used video conferencing to inaugurate the underwater Optical Fiber Cable (OFC) linking Chennai and Port Blair. In 2018, he laid the foundation for this project in Port Blair. The submarine fiber cable connection will allow the Andaman and Nicobar Islands to get quicker and more reliable mobile and landline telecom services on par with the rest of India.
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Market Coverage
- Segment Covered-
o By Type
o By Application
- Regions covered
o North America
o Europe
o Asia-pacific
o Rest of world
- Competitive Landscape- Optical Cable Corporation, Amphenol Corporation, Siemens AG, Delphi Automotive PLC, and T.E. Connectivity, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Market Segmentation
Global Fiber Optic Cable Assembly Market is segmented by Type
- Lucent Connector (LC)
- Multi-Fiber Termination Push On/Pull Off (MTP)
- Subscriber Connector (SC)
- Straight Tip (ST)
- Fiber Connector (FC)
- Master Unit (MU)
- Fiber Distributed Data Interface (FDDI)
- Sub Multi Assembly (SMA)
- Other
Global Fiber Optic Cable Assembly Market is segmented by Application
- Telecom and Datacom
- CATV and Broadcasting
- Military and Aerospace
- Power and New Energy
- Healthcare
- Others
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