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:
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
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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