Global Fiber Optic Connectors Market Driven by Growing Demand for High Bandwidth, to be worth US$4.4
A new report from U.S. based market analysis firm Transparency Market Research, titled “Fiber Optic Connectors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021”, presents detailed historical data regarding the global optical fiber connectors market and makes studied forecasts that will help industry leaders make beneficial decisions regarding their next step in the market.
Browse Report: http://www.transparencymarketresearch.com/fiber-optic-connectors-market.html
According to data presented in the report, prepared by expert and experienced analysts, the global fiber optic connectors market is rising at a 7.4% CAGR from 2015 to 2021 and is expected to undergo growth of more than 62% upon its 2014 value of US$2.72 billion. The market would be worth US$4.43 billion if these estimations hold true.
Request Sample: http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=2222
Fiber optic connectors are used to connect two optical fibers in a cost- and power-efficient way. This enables smooth transfer of high bandwidth. Demand for the latter has been steadily growing in sectors such as the IT and telecommunications industry as well as in medical, aerospace, and defense sectors. Demand for high bandwidth is expected to further grow in the years to come, directly aiding the global optical fiber connectors market. The telecom industry is accordingly the largest application sector of the global fiber optic connectors market.
Press Release: http://www.transparencymarketresearch.com/pressrelease/fiber-optic-connectors-market.htm
Demand for optical fiber connectors from governments is particularly high in developing economies such as China, India, and Brazil. Enhancing the networking between government agencies is a growing need in these countries, leading to high demand from the global optical fiber connectors market.
By type of connectors, lucent connectors led the global fiber optic connectors market, followed by straight tip connectors, standard connectors, multiple-fiber push-on/pull-off connectors, and other types of fiber optic connectors.
Browse All Semiconductor & Electronics Market Reports: http://www.transparencymarketresearch.com/semiconductor-market-reports-5.html
Transparency Market Research (TMR) is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.
Transparency Market Research
Mr. Atil Chaudhari, +1 518-618-1030
USA-Canada Toll Free: 866-552-3453