ElectronicCast: 2013 Fiber Optic Connector Market Reached $ 2.39 Billon

According to the latest report from ElectronicCast consultants shows that in 2012 fiber optic connectors and mechanical splices sold worldwide reached $ 2.39 billion. The data center applications accounted for more than half of the optical connectivity markets. ElectroicCas said telecom operator’s demand for optical connectors will continue to grow in the next five years.
ElectronicCast report notes that in 2012 the application of optical data network connectors accounted for 51% of the total market last year for $ 1.2 billion. Telecommunication market’s demand is $ 669 million, due to fiber broadband network construction, the future of this field will maintain an average annual growth rate of 14.5%, to reach $ 1.3 billion by 2017. Fiber optic connectors, the third largest market segment for military, aerospace and other applications of products under strict conditions, in 2012 the total market are $ 270 million.
By connector type to points, 2012 single-mode fiber optic connector markets are $ 786 million, accounting for 33% of the market, mainly used in the telecommunications market. Multimode connector is mainly used for short-haul markets, such as LAN, high-performance computing, data centers, accounting for 61% of the total market. Another 6% of the market is the mechanical splices.
ElectronicCas point that advanced technology extended from optical fibers to the users, which will bring more demand for more miniaturized connectors and ribbon fiber connectors.
Published by FiberStore, industry news – www.fs.com