Your present position： Home > News > company news >
In 2025, the global connector market is expected to exceed 40.1 billion yuan
2017-09-28 10:36:31According to a new report from Grand View Research, a market research institute, the global optical fiber connector market is expected to reach 5.9 billion US dollars (about 40.13 billion RMB) by 2025.
According to a new report from Grand View Research, a market research institute, the global optical fiber connector market is expected to reach 5.9 billion US dollars (about 40.13 billion RMB) by 2025.
Fiber optics will see significant growth in the forecasting period. Fiber optic connectors have great potential to be widely used in medical, railway, national defense, aviation, oil and gas fields.
This technology has been under continuous development and is aimed at developing low-cost applications and technical solutions for the mass market.
Over the past few years, significant progress has been made in optical fiber technology, thanks to sustained R&D activities and growing demand from high-bandwidth communications and data services.
The optical fiber market includes different optical fiber connectors, such as SC connectors, LC connectors, FC connectors, ST connectors, MTP connectors and others.
According to optical fiber applications, the market can be divided into military-aviation, Petroleum-Natural gas, telecommunications, medical, financial insurance, railways and others.
According to revenue, LC connectors dominate the entire optical fiber connector Market in 2015. LC connectors are used for high-density connections, such as Cisco Catalyst network switches.
