DUBLIN--(BUSINESS WIRE)--The "Global Fiber Optic Connector Market 2020-2025" report has been added to ResearchAndMarkets.com's products.
The global optical fiber connector market will grow from USD 4 billion in 2020 to USD 6.2 billion in 2025, with a compound annual growth rate (CAGR) of 9.4% during the period 2020-2025.
The optical fiber connector market in the Asia-Pacific region will grow from USD 1.6 billion in 2020 to USD 2.5 billion in 2025, with a compound annual growth rate of 9.8% during 2020-2025.
The American optical fiber connector market will grow from USD 1.4 billion in 2020 to USD 2.2 billion in 2025, with a compound annual growth rate of 9.1% during the period 2020-2025.
The report provides an overview of the global FOC market and analyzes market trends. The report uses 2019 as the base year and provides estimated market data for the 2020-2025 forecast period. Revenue forecasts for this period are broken down according to type, application, and region. The market value is estimated based on the total revenue of the FOC supplier.
Optical fiber connectors (FOC) allow optical fibers to be used in many applications. As the use of optical fibers expands into new markets, the development of connectors is parallel to the development of optical fibers. However, the original FOC market is still the largest market, with a large margin.
Connectors enable optical technologies such as lasers to be used in medical applications. FOC makes possible a medical procedure called endoscopy, which allows less invasive diagnosis and treatment of diseases. The industrial use of FOC is related to the use of lasers. FOC is also used in laser guided weapon systems and vehicles.
The growing demand for higher bandwidth, increasing opportunities in the telecommunications sector, increased government investment in network infrastructure, and the growth of the optical system market in the Asia-Pacific region are some of the factors driving the growth of the current FOC market. However, the high installation cost of optical fiber and the increasing popularity of wireless broadband and other related technologies are hindering market growth.
The report covers the FOC market in terms of global user base. It also highlights the main trends and challenges affecting the market and supplier landscape. The report gives the global market of FOC in 2019 and provides a forecast of the expected market size by 2025.
Chapter 3: Fiber Optic Connectors: Market Overview
Chapter 4: Fiber Optic Connector Technology
Chapter 5: Market Segmentation by Application
Chapter 6: Market Segmentation by Connector Type
Chapter 7: Market Segmentation by Region
For more information about this report, please visit https://www.researchandmarkets.com/r/4d4jn1
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900