An optical fiber is a thin strand of flexible glass (as a dielectric medium) that uses light to carry voice and data communication over distances. A single optical cable can also have multiple strands. Optical technology is used in fiber optic cables to carry light or information from one end to another end, with higher bandwidth. Signals are resistant to electromagnetic interference, due to which signals can travel with less amount of loss as compared with metal wires. Optical fibers are also used in illumination where they are wrapped in bundles to transfer images.
“The analysts forecast the global OTDR market to grow at a CAGR of 12.52% during the period 2017-2021.”
HTF recognizes the following companies as the key players in the global OTDR market: Danaher (Fluke Networks), EXPO, and Yokogawa Test & Measurement.
Other Prominent Vendors in the market are: Anritsu, Corning, Fujikura, Keysight Technologies, and MOLEX.
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Commenting on the report, an analyst from HTF’s team said: “One trend in the market is visual fiber-optic testing technology. Advanced technologies such as visual fiber optic testing ease the process of testing optical fibers. A visual fault locator (VFL) that operates in the visible spectrum troubleshoots optical fiber links by passing visible red light through them. Units that pulse on/off are easier to use for detecting damages.”
According to the report, one driver in the market is increase in data center interconnect sales. Enterprises have evolved into complex, massive organizations that operate in real time over disparate regions. Their operations require data to be stored, processed, analyzed, and archived quickly. These factors drive the data center construction market. Organizations construct data centers to house IT infrastructure and store high-volume data to synchronize their operations. Data center construction requires designing and installation of electrical, mechanical, and security systems. The data center construction market was valued more than $17 billion in 2016, which will likely reach more than $25 billion by 2021.
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Further, the report states that one challenge in the market is price consciousness among end-users. Price-conscious end-users opt for low-cost optical fibers provided by regional vendors, deterring the profitability of large international vendors. Most of the end-users are purchasing OTDR from APAC, as manufacturing cost is less in the country. As a result, many Chinese enterprises are also developing product lines at lower prices, making it difficult for the global companies to compete with them. The Chinese manufacturers are investing heavily in R&D of compact, rugged, and efficient equipment and selling them at lower prices to remain competitive in the market, thus reducing the profit margin of international vendors. The competition in this market is also high as the low-cost products ensure high ROI.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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PART 01: EXECUTIVE
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
• Optical fiber
• How fiber optics works?
PART 05: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 06: MARKET SIZING
• Market definition
• Market sizing 2016
• Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
PART 08: MARKET SEGMENTATION BY PRODUCT
• Segmentation by product
• Comparison by product
• Handheld OTDR – Market size and forecast 2016-2021
• Full-feature OTDR – Market size and forecast 2016-2021
• Fiber break locator – Market size and forecast 2016-2021
• Market opportunity by type
PART 09: CUSTOMER LANDSCAPE
PART 10: MARKET SEGMENT…Continued
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