This report studies the Optical Fiber Patch Cord market, also known as fiber optic patch cable or fiber jumper, it is an Optical Fiber Patch Cord is a fiber optic cable capped at either end with connectors that allow it to be rapidly and conveniently connected to CATV, an optical switch or other telecommunication equipment. Its thick layer of protection is used to connect the optical transmitter, receiver, and the terminal box. This is known as "interconnect-style cabling".
Scope of the Report:
This report studies the Optical Fiber Patch Cord market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Optical Fiber Patch Cord market by product type and applications/end industries.
Rapid adoption of optical fibers across various industries such as data centers is the major factor that drives the growth of the optical fiber patch cord market.
The number of data centers is increasing globally due to technological advances. Cloud computing has become an effective way to access data worldwide. Further, the use of compact devices such as smartphones, tablets, and smart wearable devices is flourishing rapidly. Data centers provide high-performance computing across multiple industry verticals and, therefore, help foster more technological innovations.
In addition, rapid digitization and increase in demand for bandwidth expansion fuel the market growth. However, high initial cost of installment restrains the market growth. Enhanced reliability of optic patch cord and increase in use of internet are expected to provide growth opportunities for the market.
The global Optical Fiber Patch Cord market is valued at 1830 million USD in 2017 and is expected to reach 2370 million USD by the end of 2023, growing at a CAGR of 4.5% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Optical Fiber Patch Cord.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Single-mode Fiber Optical Patch Cord
Multimode Fiber Optical Patch Cord
Market Segment by Applications, can be divided into
Optical Data Network
Military and Aerospace
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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