This report focuses on the global Optical Fiber Patch Cord status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Optical Fiber Patch Cord development in United States, Europe and China.
This report studies the Optical Fiber Patch Cord market, also known as fiber optic patch cable or fiber jumper, it is an Optical Fiber Patch Cord is a fiber optic cable capped at either end with connectors that allow it to be rapidly and conveniently connected to CATV, an optical switch or other telecommunication equipment. Its thick layer of protection is used to connect the optical transmitter, receiver, and the terminal box. This is known as “interconnect-style cabling”.
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Rapid adoption of optical fibers across various industries such as data centers is the major factor that drives the growth of the optical fiber patch cord market.
The number of data centers is increasing globally due to technological advances. Cloud computing has become an effective way to access data worldwide. Further, the use of compact devices such as smartphones, tablets, and smart wearable devices is flourishing rapidly. Data centers provide high-performance computing across multiple industry verticals and, therefore, help foster more technological innovations.
In addition, rapid digitization and increase in demand for bandwidth expansion fuel the market growth. However, high initial cost of installment restrains the market growth. Enhanced reliability of optic patch cord and increase in use of internet are expected to provide growth opportunities for the market.
In 2017, the global Optical Fiber Patch Cord market size was 1830 million US$ and it is expected to reach 2510 million US$ by the end of 2025, with a CAGR of 4.1% during 2018-2025.
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The key players covered in this study
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