Latest industry research report on Fiber Optic Connectors Market. Fiber optic connectors terminate fiber optic cables. They are used for mechanical coupling and aligning of core fibers. They are implemented for joining of optical fibers in an effort to transfer data efficiently without loss. Fiber optic connectors are applied across a wide range of applications including security and defense, telecommunication, data centers, community antenna televisions, inter/intra building applications and high density interconnection.
The Asian telecom market is increasingly adopting 4G and long term evolution (LTE) services for improved distribution of video services, high-speed data, television, and telephony. Japan, China and South Korea have a high infiltration of fiber optic connectors.
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The adoption of fiber optic connectors has increased significantly in China and Japan owing to the requirements of connectivity improvement and widespread usage of 3G/4G services. The growing demand for high-speed data connection primarily drives the market in this region. Consumers are also increasingly adopting fiber optic connectors for assured security of transmitted data. Increased use of fiber optic connectors in applications including online gaming, video services and community antenna televisions supplements the growth of this market. However, high investment and maintenance cost limits the growth of this market. Increasing adoption of wireless broadband connections may prove to be potential threat to the growth of fiber optic connectors market.
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The lucrative investments made by the government in the Asia-Pacific region for enhancement of fiber optic networks and the growing adoption of mobile devices provide significant growth opportunities in the market.
The market is segmented based on Types, Applications and Countries.
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