Market Overview:
The global fiber optics testing device market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fiber optic cables from telecom and data centers, and rising demand for optical components in military and aerospace applications. In terms of type, the single mode segment is expected to hold a larger share of the market during the forecast period. However, the multimode segment is projected to grow at a higher CAGR owing to its growing use in consumer electronics applications such as cable television (CATV) and smartphones. In terms of application, cable television is expected to be one of the fastest-growing segments during the forecast period.
Product Definition:
A fiber optics testing device is used to test the quality of a fiber optic cable. It can be used to test for things like loss, attenuation, and crosstalk. The importance of fiber optics testing devices is that they help ensure that fiber optic cables are functioning properly and providing the correct level of communication.
Single Mode:
Single mode optical fibers are used in telecommunication applications and have a small core size, low NA, and high bandwidth. The term single-mode is often used to refer to the type of fiber optic cable that has one glass layer coated with an anti-reflective coating which is then surrounded by a protective tube made from silica. This protective tube prevents light from being reflected back into the fiber thus increasing its transmission capacity.
Mutimode:
The multimode is a type of optical fiber that can only transmit light in one direction. It has a small core made from silica or plastic, and is surrounded by an insulation layer, which protects it from the external environment. The light travels through the glass core in a straight line and can only be guided by the protective insulation layer known as cladding.
Application Insights:
The manufacturing sector dominated the global market in terms of revenue share in 2017. The manufacturing sector is expected to witness significant growth on account of increasing demand for optic technology products and services. Fiber optics are used extensively across the manufacturing sector as they provide high data transmission speed and enhance communication capabilities resulting in increased industrial productivity.
Cable television was the largest application segment accounting for a revenue share of over 30% in 2017 owing to extensive use of fiber optics within this industry. Fiber optic cables are used extensively within this industry as they enable providers with higher bandwidth enabling them to offer HD services at affordable prices thus catering to growing consumer demands across various regions including Asia Pacific, North America, and Europe Latin America which is expected to drive growth over the forecast period significantly.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to early technology adoption by manufacturers and increased government funding for R&D activities related to fiber optics technologies. Asia Pacific is anticipated to witness lucrative growth over the coming years owing to increasing demand from end-use industries such as manufacturing, healthcare, and military & aerospace.
Latin America also presents immense potential due with presence of major telecom companies such as Telef³nica Celular S.A., Vivo Mobile Inc.
Growth Factors:
- Increasing demand for high-speed internet
- Growing number of data centers
- Proliferation of fiber optic networks
- Rising demand for optical components and modules
- Emergence of 5G technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiber Optics Testing Device Market Research Report
By Type
Single Mode, Mutimode
By Application
Cable Television, Military and Aerospace, Manufacturing
By Companies
UL LLC, Element Materials Technology, Intertek, NTS, TÜV Rheinland, VIAVI Solutions, Eurofins Scientific, EXFO, Fujikura, L3Harris
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Fiber Optics Testing Device Market Report Segments:
The global Fiber Optics Testing Device market is segmented on the basis of:
Types
Single Mode, Mutimode
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cable Television, Military and Aerospace, Manufacturing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- UL LLC
- Element Materials Technology
- Intertek
- NTS
- TÜV Rheinland
- VIAVI Solutions
- Eurofins Scientific
- EXFO
- Fujikura
- L3Harris
Highlights of The Fiber Optics Testing Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Mode
- Mutimode
- By Application:
- Cable Television
- Military and Aerospace
- Manufacturing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fiber Optics Testing Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fiber optic testing device is a tool used to measure the performance of optical fibers. Fiber optic testing devices are often used by telecommunications companies to test the performance of optical fiber cables.
Some of the major players in the fiber optics testing device market are UL LLC, Element Materials Technology, Intertek, NTS, TœV Rheinland, VIAVI Solutions, Eurofins Scientific, EXFO, Fujikura, L3Harris.
The fiber optics testing device market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fiber Optics Testing Device Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Fiber Optics Testing Device Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Fiber Optics Testing Device Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Fiber Optics Testing Device Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Fiber Optics Testing Device Market Size & Forecast, 2020-2028 4.5.1 Fiber Optics Testing Device Market Size and Y-o-Y Growth 4.5.2 Fiber Optics Testing Device Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Mode
5.2.2 Mutimode
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Cable Television
6.2.2 Military and Aerospace
6.2.3 Manufacturing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiber Optics Testing Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fiber Optics Testing Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Mode
9.6.2 Mutimode
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Cable Television
9.10.2 Military and Aerospace
9.10.3 Manufacturing
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Mode
10.6.2 Mutimode
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Cable Television
10.10.2 Military and Aerospace
10.10.3 Manufacturing
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Mode
11.6.2 Mutimode
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Cable Television
11.10.2 Military and Aerospace
11.10.3 Manufacturing
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Mode
12.6.2 Mutimode
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Cable Television
12.10.2 Military and Aerospace
12.10.3 Manufacturing
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Mode
13.6.2 Mutimode
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Cable Television
13.10.2 Military and Aerospace
13.10.3 Manufacturing
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fiber Optics Testing Device Market: Competitive Dashboard
14.2 Global Fiber Optics Testing Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 UL LLC
14.3.2 Element Materials Technology
14.3.3 Intertek
14.3.4 NTS
14.3.5 TÜV Rheinland
14.3.6 VIAVI Solutions
14.3.7 Eurofins Scientific
14.3.8 EXFO
14.3.9 Fujikura
14.3.10 L3Harris