Market Overview:
The global fiber splice closures market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for optical fiber cables, owing to their high bandwidth and low latency. Additionally, the growing deployment of FTTx networks is also contributing to the growth of the global fiber splice closures market. The dome type segment is expected to dominate the global fiber splice closures market during the forecast period, owing to its easy installation and low cost. However,the horizontal type segment is projectedto grow at a higher CAGR duringthe forecast period, as it offers better protection against environmental factors such as moisture and dust.
Product Definition:
A fiber optic splice closure is a device used to join two or more optical fibers together. The optical fibers are aligned and then fused together inside the closure. The fiber splice closures protect the fusion joint from environmental conditions and mechanical damage.
Dome Type:
Dome type is a specialized form of cover that is used to protect the splice closure from water, moisture and debris. It’s primary function is to provide mechanical protection for the splice. The product also provides electrical insulation and fire resistance properties which further helps in increasing its application scope in fiber splice closures market.
Horizontal Type:
Horizontal type fiber splice closure is a heat sealed panel made up of high tenacity yarns. It is designed to be laid across the top of the bundle and then sewn or welded in place.
Application Insights:
The aerial application segment accounted for the largest market share in 2017 and is projected to witness significant growth over the forecast period. Aerial applications include telecommunication, power distribution, oil & gas and transportation among others. The growing demand for high-speed data transfer in communication and information technology industry is expected to drive product demand in this application segment over the next eight years.
Fiber optic cables are used extensively across various industries such as healthcare, defense & security, financial services etc., owing to their ability to transmit data with extreme speed and efficiency. The increasing use of optic technologies across several applications has resulted in an increased number of installations which need protection against physical damage along with maintaining a neat appearance on walls or ceilings surfaces.
Regional Analysis:
North America dominated the global market in 2017 owing to early adoption of the product. The region is expected to continue its dominance over the forecast period due to increasing construction activities and growing demand for communication systems. Asia Pacific is projected to be fastest-growing regional market from 2018 to 2030 on account of rapid development in China, India, Japan, South Korea and Taiwan. Increasing number of construction projects including railways network expansion, metro rail networks expansion and roadways infrastructure development are likely drive industry growth over the next eight years.
The European market was valued at USD X million in 2017 and is expected witness moderate growth during the forecast period owing with early adoption by countries such as France Italy Germany UK etcetera). However some other countries such as Russia are yet not ready for fiber splicing closure installation hence they will observe partial penetration rate during next few years which can be attributed for slow growth rate compared with others regions mentioned above).
Growth Factors:
- Increasing demand for fiber optic communication
- Rapid expansion of data centers and telecommunications infrastructure
- Proliferation of Internet of Things (IoT) and smart city projects
- Growing demand for cloud-based services
- Rising number of fiber-to-the-home (FTTH) deployments
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiber Splice Closures Market Research Report
By Type
Dome Type, Horizontal Type
By Application
Aerial, Underground
By Companies
CommScope, Corning, 3M, Fujikura, Furukawa Electric, Sumitomo Electric, NWC (Networkcable Co., Ltd.), ZTT Group, Fiberhome Telecommunication, New Seaunion, Zhejiang Chaoqian, YUDA Communication, Orient Rising Sun Telecom, Zhantong Telecom, Chengdu Qianhong Communication, Sichuan Tianyi Comheart Telecom
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Fiber Splice Closures Market Report Segments:
The global Fiber Splice Closures market is segmented on the basis of:
Types
Dome Type, Horizontal Type
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
Aerial, Underground
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:
- CommScope
- Corning
- 3M
- Fujikura
- Furukawa Electric
- Sumitomo Electric
- NWC (Networkcable Co., Ltd.)
- ZTT Group
- Fiberhome Telecommunication
- New Seaunion
- Zhejiang Chaoqian
- YUDA Communication
- Orient Rising Sun Telecom
- Zhantong Telecom
- Chengdu Qianhong Communication
- Sichuan Tianyi Comheart Telecom
Highlights of The Fiber Splice Closures 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:
- Dome Type
- Horizontal Type
- By Application:
- Aerial
- Underground
- 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 Splice Closures 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
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- Consumer Insights
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- Product & Brand Management
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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?
Fiber splice closures are a type of fiber optic connector that is used to join two optical fibers. Fiber splice closures are made from a single piece of glass-reinforced plastic and have an adhesive backing. They are inserted into the ends of the fibers, then crimped shut.
Some of the key players operating in the fiber splice closures market are CommScope, Corning, 3M, Fujikura, Furukawa Electric, Sumitomo Electric, NWC (Networkcable Co., Ltd.), ZTT Group, Fiberhome Telecommunication, New Seaunion, Zhejiang Chaoqian, YUDA Communication, Orient Rising Sun Telecom, Zhantong Telecom, Chengdu Qianhong Communication, Sichuan Tianyi Comheart Telecom.
The fiber splice closures market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fiber Splice Closures 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 Splice Closures Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fiber Splice Closures 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 Splice Closures 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 Splice Closures Market Size & Forecast, 2018-2028
4.5.1 Fiber Splice Closures Market Size and Y-o-Y Growth
4.5.2 Fiber Splice Closures Market Absolute $ Opportunity
Chapter 5 Global Fiber Splice Closures 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 Fiber Splice Closures Market Size Forecast by Type
5.2.1 Dome Type
5.2.2 Horizontal Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fiber Splice Closures 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 Fiber Splice Closures Market Size Forecast by Applications
6.2.1 Aerial
6.2.2 Underground
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiber Splice Closures 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 Splice Closures 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 Fiber Splice Closures Analysis and Forecast
9.1 Introduction
9.2 North America Fiber Splice Closures 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 Fiber Splice Closures Market Size Forecast by Type
9.6.1 Dome Type
9.6.2 Horizontal Type
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 Fiber Splice Closures Market Size Forecast by Applications
9.10.1 Aerial
9.10.2 Underground
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 Fiber Splice Closures Analysis and Forecast
10.1 Introduction
10.2 Europe Fiber Splice Closures 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 Fiber Splice Closures Market Size Forecast by Type
10.6.1 Dome Type
10.6.2 Horizontal Type
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 Fiber Splice Closures Market Size Forecast by Applications
10.10.1 Aerial
10.10.2 Underground
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 Fiber Splice Closures Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fiber Splice Closures 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 Fiber Splice Closures Market Size Forecast by Type
11.6.1 Dome Type
11.6.2 Horizontal Type
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 Fiber Splice Closures Market Size Forecast by Applications
11.10.1 Aerial
11.10.2 Underground
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 Fiber Splice Closures Analysis and Forecast
12.1 Introduction
12.2 Latin America Fiber Splice Closures 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 Fiber Splice Closures Market Size Forecast by Type
12.6.1 Dome Type
12.6.2 Horizontal Type
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 Fiber Splice Closures Market Size Forecast by Applications
12.10.1 Aerial
12.10.2 Underground
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) Fiber Splice Closures Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fiber Splice Closures 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) Fiber Splice Closures Market Size Forecast by Type
13.6.1 Dome Type
13.6.2 Horizontal Type
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) Fiber Splice Closures Market Size Forecast by Applications
13.10.1 Aerial
13.10.2 Underground
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 Splice Closures Market: Competitive Dashboard
14.2 Global Fiber Splice Closures Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CommScope
14.3.2 Corning
14.3.3 3M
14.3.4 Fujikura
14.3.5 Furukawa Electric
14.3.6 Sumitomo Electric
14.3.7 NWC (Networkcable Co., Ltd.)
14.3.8 ZTT Group
14.3.9 Fiberhome Telecommunication
14.3.10 New Seaunion
14.3.11 Zhejiang Chaoqian
14.3.12 YUDA Communication
14.3.13 Orient Rising Sun Telecom
14.3.14 Zhantong Telecom
14.3.15 Chengdu Qianhong Communication
14.3.16 Sichuan Tianyi Comheart Telecom
