Fusion Splicer - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Fusion Splicer Market accounted for $627.84 million in 2018 and is expected to reach $1,125.45 million by 2027 growing at a CAGR of 6.7% during the forecast period. Low insertion loss offered, government initiatives along with funding, and need for expanded bandwidth are the factors driving the market growth. However, high equipment cost is restraining the market growth.
Fusion splicer finds application in joining two optical fibers using heat. Prepared fiber ends are placed in the splicer and automatically aligned and then fused together. They offer high-strength, durable, and low-loss joint, and plays a significant role in the optical network.
By Application, the Enterprise segment is likely to have a huge demand during the forecast period. At present, many enterprises in China are focusing in developing new information infrastructures, which would incorporate a large number of fiber optic cables. This factor is indirectly anticipated to fuel the growth of fusion splicer market in enterprise application also. Based on geography, Asia Pacific is going to have a lucrative growth during the forecast period which is attributed to several initiatives by the governments in this region and the presence of many major players in the fusion splicer ecosystem who are investing more to promote and expand the fiber optic network.
Some of the key players profiled in the Fusion Splicer Market include Fujikura Ltd, China Electronics Technology Group Corporation, Sumitomo Electric Industries Ltd, Ilsintech Co Ltd,Furukawa Electric Co Ltd, Nanjing DVP O.E. Tech Co Ltd, INNO Instruments Inc, Nanjing Jilong Optical Communication Co Ltd, Easysplicer, Darkhorsechina (Beijing) Telecom Tech Co Ltd, Fiberfox Inc, Greenlee Communication, Signal Fire Technology Co Ltd, Eloik Communication Equipment Technology Co Ltd, and Shenzhen Ruiyan Communication Equipment Co Ltd.
• Mass Fusion Splicer
• Single Fiber Fusion Splicer
Alignment Types Covered:
• Cladding Alignment
• Core Alignment
• Aerospace and Defense
• Power and New Energy
• Cable TV and Broadcasting
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
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o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances.
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