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ElectroniCast Consultants Publishes Fiber Optic Fusion Splicer Market Forecast - According to ElectroniCast Consultants, the Asia Pacific region (APAC) region led in the consumption value of fiber optic fusion splicers in 2012 - ElectroniCastConsultants.com
ElectroniCast Consultants Publishes Fiber Optic Fusion Splicer Market Forecast

 

NewswireToday - /newswire/ - Aptos, CA, United States, 2013/03/20 - According to ElectroniCast Consultants, the Asia Pacific region (APAC) region led in the consumption value of fiber optic fusion splicers in 2012 - ElectroniCastConsultants.com.

   
 
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ElectroniCast Consultants, a leading market and technology research consultancy addressing the fiber optics communications industry, today announced the release of an extensive report covering the worldwide market for Fiber Optic Fusion Splicers. This report provides the review of 2012 and a 5-year forecast (2013-2017) of the use of fiber optic fusion splice machines.

A Fusion Splicer is specialized instrument used to join optical fibers to each other. This market research study report covers the use of fusion splice machines used for fiber optic-based communication applications and for the purpose of the manufacturing of components to be used (consumed) in the selected communication applications.

The global consumption value of fiber optic fusion splice equipment in 2012 was $437.92 million. The consumption value is forecast to increase at an average rate of over 10% with strongly rising quantity growth partially offset by a continuing decline of average prices.

Last year in 2012, the Asia Pacific region led in the consumption value of fiber optic fusion splicers. Helped along substantially by consumption in China, the Asia Pacific region (APAC) is forecast increase in relative market share during the forecast period, driven by countries throughout the region that are bringing fiber closer to the drop-areas (FTTx), as well as the use of fusion splice machines in the manufacturing of fiber optic components/devices.

Telecommunications held a 59.5 percent share of worldwide consumption of fiber optic fusion splice machines in 2012 (see Figure). The use of fusion splice equipment in the production (manufacturing) of fiber optic components/devices is forecast to increase at an average annual growth rate of 13.8 percent from 2012-2017. Consumption of fusion splice equipment in cable TV, military/aerospace and various specialty/other applications are also quantified in this report of the ElectroniCast study. Electrical and communication wiring contractor’s annual use of fusions splicers to deploy optical fiber Private Enterprise Networks is forecast to increase in value from $46.17 million in 2012 to nearly $80 million in 2017.

 
 
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ElectroniCast Consultants Publishes Fiber Optic Fusion Splicer Market Forecast

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Publisher Contact: Theresa Hosking - ElectroniCastConsultants.com 
831-708-2381 thosking[.]electronicastconsultants.com
 
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