Global Fusion Splicer Market, By Offering (Hardware, Software and Services), Product (Single Fiber Fusion Splicer, Ribbon Fiber Fusion Splicer, Special Fiber Fusion Splicer), Type (Field Splicing, Laboratory Splicing, Factory Splicing), Alignment Type (Core Alignment, Cladding Alignment), End User (Telecommunication, Enterprise, Healthcare, Automotive, Cable TV, Aerospace, Defense, Specialty), Application (Communication, Safety and Security, Surveillance), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Fusion Splicer Market
Fusion splicer market size is valued at USD 1,081.94 million by 2028 is expected to grow at a compound annual growth rate of 6.01% in the forecast period of 2021 to 2028. Data Bridge Market Research report on fusion splicer provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Fusion splicer is a type of equipment, used to weld two or more fibers together to make a single unit. It works by lining up pre-prepared fiber tops and blending them. It consists of an optical core which helps in aligning fiber cables, multiple fiber strippers, profile alignment systems (PAS) software helping in estimating the loss of material and the local injection detection system which helps to detect the edges where light reflects.
The high demand for increased network bandwidth is expected to influence the growth of fusion splicer market over the forecast period of 2021 to 2028. Also the rise in government funding for fiber optic networks and low insertion loss are also anticipated to flourish the growth of the fusion splicer market. Furthermore, the high demand for hyper connectivity by consumers and high adoption of cloud-based infrastructure across the globe are also likely to positively impact the growth of the market. Moreover, the rapid technological advancements and rise in the government funding for research and development to develop efficient fiber-optic networks are also expected create a huge demand for fusion splicer as well as lifting the growth of the fusion splicer market.
However, the high cost of equipment and lack of technological knowledge and expert workforce are expected to act as the major limitations for the growth of fusion splicer in the above mentioned forecasted period, whereas the rise in the need of continuous power supply and appropriate tool can challenge the fusion splicer market growth in the forecast period of 2021 to 2028.
Likewise, the high growth of the telecommunications industry, upgrade of the existing fiber optics network and rapid rise in the Implementation of Ftth are expected to create various new opportunities that will lead to the growth of the fusion splicer market in the above mentioned forecasted period.
This fusion splicer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fusion splicer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Fusion Splicer Market Scope and Market Size
Fusion splicer market is segmented on the basis of offering, product, type, alignment type, end user and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Fusion splicer market is segmented on the basis of offering into hardware and software and services. Hardware has further been segmented into electrodes, cleaver, sheath clamps, batteries and power chords, tube heater, stripper, display and microscope, heating element and others. Heating element has further been sub-segmented into electric arc, Co2 laser, gas flames and nichrome wire.
- The product segment of the fusion splicer market is segmented into single fiber fusion splicer, ribbon fiber fusion splicer and special fiber fusion splicer.
- On the basis of type, the fusion splicer market is segmented into field splicing, laboratory splicing and factory splicing.
- Based on alignment type, the fusion splicer market is segmented into core alignment and cladding alignment.
- On the basis of end user, the fusion splicer market is segmented into telecommunication, enterprise, healthcare, automotive, cable TV, aerospace, residential, defense and specialty.
- Based on application, the fusion splicer market is segmented into communication, safety and security and surveillance.
Fusion Splicer Market Country Level Analysis
Fusion splicer market is analyzed and market size, volume information is provided by country, offering, product, type, alignment type, end user and application as referenced above.
The countries covered in the fusion splicer market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Asia-Pacific leads the fusion splicer market due to the up-gradation and growth of the optical network in emerging countries along with the rise in the telecommunication and broadband networks as well as high demand for high network bandwidth. The fusion splicer market in North America is likely to account for second-highest share in terms of revenue in the forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fusion Splicer Market Share Analysis
Fusion splicer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fusion splicer market.
The major players covered in the fusion splicer market report are Sumitomo Electric Industries, Ltd., FURUKAWA ELECTRIC CO., LTD., Fujikura Ltd., Ilsintech Trading India Private Limited, INNO Instruments, inc., Nanjing Jilong Optical Communication Co., Ltd., NanJing DVP O.E. TECH. CO., LTD., SIGNAL FIRE TECHNOLOGY CO., LTD., Shanghai Shinho Fiber Communication Co., Ltd., Eloik Communication Equipment Technology Co., Ltd., Fiberfox Co., Ltd., Emerson Electric Co., COMWAY Technology LLC, PROMAX, Multicom, Inc., Yamasaki Optical Technology, EasySplicer, GAO Tek & GAO Group Inc., 3SAE Technologies, and Aurora Optics, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-