Lewes, DE -- (SBWire) -- 03/05/2015 --This report provides an analysis of 2014 and a 5-year forecast (2015-2019) of the use of fiber optic fusion splice machines.
A Fusion Splicer is specialized instrument used to join optical fibers together. This market research study report covers the use of fusion splice machines used for fiber optic-based communication applications.
For the first-time, this report also forecasts the use of fusion splicers in Russia. The volume (quantity) of fusion splicers put into action in Russia is expected to double in 2019 versus 2014. A brighter highlight in Russia are the small handheld fixed-alignment single-fiber fusion splicers used for bringing Fiber-to-the-Home and Buildings (FTTH/B) and other applications, which are forecast for nearly 3x volume growth (2014-2019).
The global consumption value of fiber optic fusion splice equipment in 2014 was USD 528 million. Last year in 2014, the Asia Pacific region led in the consumption value of fiber optic fusion splicers. Helped along substantially by consumption in China, the Asia Pacific region is expected to increase in relative market share during the forecast period.
The North American region held the 2nd-place position, followed by the European region in 2014. Mexico is part of the North American market forecast, along with Canada and the United States. The Rest of World regional segment covers the Middle East, Africa and Central / South America. The South America region is showing aggressive growth rates in terms of fiber optic fusion splice machine implementation, driven by use in Brazil, Argentina, Chile and Peru.
According to this report, in 2014 Telecommunications held a 64 percent market share of the worldwide value of fiber optic fusion splicers. The use of fusion splicers in Private Enterprise Network applications is expected to increase at an average annual growth rate of 6.3 percent from 2014-2019. Consumption of fusion splice equipment in Cable TV, Military / Aerospace and various Specialty applications are also quantified in this market forecast report. Note: Market forecast data in this study report refers to use for a particular calendar year; therefore, this data is not cumulative data.
In 2014, Telecommunications held a commanding lead in the worldwide use of fiber optic fusion splicers with 64% market share.
Fiber Optic Fusion Splicer Global Consumption in 2014, By End-Use Application (USD 528 million) (See Attached image)
To know more about this report please visit: Fiber Optic Fusion Splicer Global Market Forecast and Analysis
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