In this report, LP Information studies the present scenario (with the base year being 2017) and the growth prospects of global Optical Fiber Patch Cord market for 2018-2023.
This report studies the Optical Fiber Patch Cord market, also known as fiber optic patch cable or fiber jumper, it is an Optical Fiber Patch Cord is a fiber optic cable capped at either end with connectors that allow it to be rapidly and conveniently connected to CATV, an optical switch or other telecommunication equipment. Its thick layer of protection is used to connect the optical transmitter, receiver, and the terminal box. This is known as “interconnect-style cabling”.
Rapid adoption of optical fibers across various industries such as data centers is the major factor that drives the growth of the optical fiber patch cord market.
The number of data centers is increasing globally due to technological advances. Cloud computing has become an effective way to access data worldwide. Further, the use of compact devices such as smartphones, tablets, and smart wearable devices is flourishing rapidly. Data centers provide high-performance computing across multiple industry verticals and, therefore, help foster more technological innovations.
In addition, rapid digitization and increase in demand for bandwidth expansion fuel the market growth. However, high initial cost of installment restrains the market growth. Enhanced reliability of optic patch cord and increase in use of internet are expected to provide growth opportunities for the market.
Over the next five years, LPI(LP Information) projects that Optical Fiber Patch Cord will register a 4.5% CAGR in terms of revenue, reach US$ 2370 million by 2023, from US$ 1830 million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Optical Fiber Patch Cord market by product type, application, key companies and key regions.
To calculate the market size, LP Information considers value generated from the sales of the following segments:
Segmentation by product type:
Single-mode Fiber Optical Patch Cord
Multimode Fiber Optical Patch Cord
Segmentation by application:
Optical Data Network
Military & Aerospace
We can also provide the customized separate regional or country-level reports, for the following regions:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Optical Fiber Patch Cord market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Optical Fiber Patch Cord market by identifying its various subsegments.
Focuses on the key global Optical Fiber Patch Cord players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Optical Fiber Patch Cord with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Optical Fiber Patch Cord submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.