Global Hybrid Fiber Optic Connectors Market is expected to reach USD 1.06 billion by 2025
growing at a CAGR of 7.7% from 2017 to 2025, according to a new report by
Grand View Research, Inc. The demand for high-performance fiber optic
connectors is increasing in order to assure adequate optical, mechanical, and
environmental performance in various industries, such as military &
aerospace, oil & gas, safety & security, civil engineering, railways,
power & utility, and others. These connectors are primarily deployed in
extreme environmental conditions and settings as they possess features such as
resistance to dirt or dust, chemical, submersion, vibration, and humidity.
The technology continually undergoes research &
development for introducing low-cost applications and advanced solutions to the
mass market. The market is further driven by the ability of these connectors to
perform in a harsh working environment. The market has been segregated based on
different applications such as telecom, oil & gas, military &
aerospace, medical, railway, and others.
Military and aerospace systems perform in adverse
surroundings, inclement weather, and unfavorable climates. As a result, there
is a growing need for robust fiber optic interconnects. Expanded beam
connectors offer lesser susceptibility and increased ease in cleaning small
particles of dirt and dust than physical contact connectors.
Hybrid fiber optic connectors have great potential to
be incorporated in a wide range of applications which demand precise, and
rugged products. Aerospace, geophysical, tactical, and shipboard applications,
among others, present taxing environments and hence there is a rise in the use
of hybrid fiber optic connectors.
The Asia Pacific regional market is expected to be the
fastest-growing market, owing to the rapid improvements in manufacturing
practices and infrastructure development activities which have contributed to
the swift uptake of hybrid fiber optic technology in end-use industries such as
automotive, manufacturing and railway sector.
Full Research Report on Global Hybrid Fiber Optic Connector Market
Analysis:
http://www.grandviewresearch.com/industry-analysis/hybrid-fiber-optic-connectors-market
http://www.grandviewresearch.com/industry-analysis/hybrid-fiber-optic-connectors-market
Further key findings from the report suggest:
- The military & aerospace application segment
dominated the hybrid connectors market in terms of market size in 2016.
- The increasing adoption of contemporary
manufacturing policies and infrastructure development gears in the
Asia-Pacific region is expected to provide new growth opportunities over
the forecast period.
- The North American regional market dominated the
global market in terms of revenue in 2016 on account of presence of
well-established manufacturers, large consumer base in the region are a
few factors influencing its high market share.
- The key industry participants include, Amphenol
Corporation, Diamond SA, Hirose Electric Company, LEMO, and QPC Fiber
Optic, LLC, amongst others.
View more
reports of this category by Grand View Research at:http://www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software
Grand View
Research has segmented the Global Hybrid Fiber Optic Connectors Market based on
applications, and regions:
Hybrid Fiber Optic Connectors Market Application Outlook
(Revenue, USD Million; Volume, Thousand Units, 2014 - 2025)
- Telecom
- Oil &
Gas
- Material
Sensing
- High
bandwidth communications
- Others
- Military
& Aerospace
- Secure
Communication
- Weapon
System
- Surveillance
System
- Optical
Computing
- UAV
- Military
Vehicle Sensing
- Medical
- Railway
- Railway
Maintenance
- Speed
Monitoring
- Dynamic
Load Calculation
- Others
Hybrid Fiber Optic Connectors Market Regional Outlook (Revenue, USD Million,
Volume, Thousand Units, 2014 - 2025)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Asia
Pacific
- China
- India
- Japan
- South
America
- Brazil
- The
Middle East & Africa
View
Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-hybrid-fiber-optic-connectors-market
About
Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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