Optical Connectors Market growing at CAGR 3.44% by 2022; Asia Pacific Region to witness the fastest growth

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Optical Connectors Market report analysed the potential of Global Optical Connectors Market and provides statistics and information on market size, shares and growth factors. Report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Optical Connectors market.

Global Optical Connectors Market: Analysis By Type (Board to Board, Edge Card, Mid Board), By Application (Data Centre, Telecommunication, Automotive, Others), By Region, By Country: Opportunities and Forecast (2017-2022) - By Region (North America, Europe, Asia Pacific, RoW), By Country (U.S., Canada, Germany, France, U.K, Japan, China, India) report says global Optical Connectors Market is projected to display a modest growth represented by a CAGR of 3.44% during 2017 – 2022, chiefly driven by increasing number of data centres, rising penetration of smartphones and improving infrastructure expenditure in telecom industry.

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Optical Connectors are gaining major traction on account of rising demand for data storage and data transfer, along with surging deployment of fiber optic cables in data centres and telecommunication industry. However, there are certain challenges that will need to be addressed, including complex technology design and high initial investment cost. Further, adoption of fiber optic solutions in applications such as medical, military and aerospace is anticipated to boost the global market in the forecast period. In the recent years, many companies have been focussing on reducing the rising operational cost and network capacity. Additionally, the need for high data rate transmission has increased enormously over the last decade. As a result, the incorporation of optic fiber solutions across various industries is estimated to boost the market in the coming years.

The Board to Board connectors have been holding the majority market share, owing to its usability in a wide array of industries including automotive, telecom, military, oil and gas etc. Among the regions, North America accounts for the largest regional share in the total optical connectors market in 2016. However, Asia Pacific is predicted to advance at the highest rate, driven by increase in per capita expenditure on electronics coupled with growing market for data centres.

Company Analysis: Corning Cable Systems , Samtec, Molex Electronics, US Conec, 3M, Diamond SA, Finisar, TE Connectivity Ltd., Delphi, Amphenol Corporation

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Scope of the Report

Global Market (Actual Period: 2012-2016, Forecast Period: 2017-2022)

Optical Connectors Market
By Type: Board to Board Optical Connector, Edge Card Optical Connector, Mid Board Optical Connector
By Application: Data Centre Optical Connectors, Telecom Optical Connectors, Automotive Optical Connectors, Others
Regional Markets – North America, Europe, APAC, RoW (Actual Period: 2012-2016, Forecast Period: 2017-2022)

Optical Connectors Market
By Type: Board to Board Optical Connector, Edge Card Optical Connector, Mid Board Optical Connector
By Application: Data Centre Optical Connectors, Telecom Optical Connectors, Automotive Optical Connectors, Others
Country Analysis - US, Canada, Germany, France, U.K, Japan, China and India (Actual Period: 2012-2016, Forecast Period: 2017-2022)

Optical Connectors Market
By Type: Board to Board Optical Connector, Edge Card Optical Connector, Mid Board Optical Connector

Other Report Highlights in Optical Connectors Market Report:

Market Dynamics – Trends, Drivers, Challenges
Pricing Analysis
Competitive Landscape
Product Benchmarking of Key Industry Players developing optical connectors
By Type (Board to Board, Edge Card, Mid Board)
Policy and Regulatory Landscape

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Release ID: 203059