Market Overview:
The global optical 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 bandwidth and rising number of data centers across the globe. Optical fiber splice closures are used to join two or more optical fibers together, and protect them from environmental factors such as moisture, dust, and temperature fluctuations. These closures are available in different types such as dome type and horizontal type, depending on their installation method. The aerial installed segment is expected to grow at a higher CAGR during the forecast period owing to the increasing demand for broadband services across rural areas.
Product Definition:
An optical fiber splice closure is a device used to join two optical fibers together. The closure protects the joined fibers from the environment and holds them in proper alignment while they are joined.
Dome Type:
Dome type is a mechanical device used to cover the open end of an optical fiber. It protects it from external environment and also prevents light from entering other fibers. The basic function of a dome is to maintain the core temperature of an optical fiber during splice closure processing, which helps in preventing oxidation and degradation of signal quality due to oxygen or air.
Horizontal Type:
Horizontal type optical fiber splice closures are used to protect the optical fibers during splicing and cable assembly. It is a molded plastic case that contains an open end for each of the two cables to be connected. The open ends are then sealed with a heat-shrinkable material, such as silicone or PVC, which forms a watertight seal.
Application Insights:
The aerial installed segment dominated the overall industry in terms of revenue share in 2017. Aerial installed optical fiber splice closures are used to join two or more single-mode and multi-mode fibers together. These products are designed for use with a variety of fiber types including single-mode, multi- mode, and laser lightwave communications (LW/VLF). The aerial installed segment is expected to continue its dominance over the forecast period owing to increasing demand for high speed data transfer services across the globe.
The underground installed segment is projected to witness significant growth over the forecast period owing to growing telecommunication infrastructure globally as well as locally within countries. Optical fiber installations require protection from external environmental factors such as moisture & water that can cause damage if they come into contact with an optical fiber cable assembly.
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 presence of prominent players and favorable regulatory scenario. In addition, growing demand for high bandwidth capacity across various applications is anticipated to drive growth in this region.
Asia Pacific optical fiber splice closure industry is projected to grow at a lucrative rate over the forecast period owing to increasing deployment of new data centers by companies such as Google Inc., Amazon Web Services, Inc., and Facebook among others which require high bandwidth capacity for providing services efficiently. Growing penetration of telecommunication companies such as China Telecom Corporation Ltd.; KT Corporation; Bharti Airtel Ltd.; China Mobile Limited; and Reliance Jio Infocomm Pvt. Ltd.
Growth Factors:
- Increasing demand for high-speed internet and data transmission
- Growing number of data centers and telecom infrastructure investments
- Proliferation of fiber to the home (FTTH) and fiber to the premises (FTTP) deployments
- Rising popularity of cloud services and big data analytics
- Emergence of 5G wireless technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Fiber Splice Closures Market Research Report
By Type
Dome Type, Horizontal Type
By Application
Aerial Installed, Underground Installed
By Companies
CommScope, Corning, 3M, Fujikura, Furukawa Electric, Sumitomo Electric, NWC (Networkcable Co., Ltd.), ZTT Group, Fiberhome, New Sea Union Technology, CommScope, YUDA Communication, Orient Rising Sun Telecom, Zhantong Telecom, Chengdu Qianhong Communication, Sichuan Tianyi Comheart Telecom, Shanghai Letel Communication, Shenzhen Shengke Communication Technology
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Optical Fiber Splice Closures Market Report Segments:
The global Optical 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 Installed, Underground Installed
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
- New Sea Union Technology
- CommScope
- YUDA Communication
- Orient Rising Sun Telecom
- Zhantong Telecom
- Chengdu Qianhong Communication
- Sichuan Tianyi Comheart Telecom
- Shanghai Letel Communication
- Shenzhen Shengke Communication Technology
Highlights of The Optical 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 Installed
- Underground Installed
- 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 Optical 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
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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?
Optical fiber splice closures are a type of optical connector that is used to join two pieces of optical fiber. They consist of a pair of lenses that fit over the ends of the fibers and are held together by an adhesive. When the lenses are in place, they form an airtight seal that prevents light from leaking out between the fibers.
Some of the major companies in the optical fiber splice closures market are CommScope, Corning, 3M, Fujikura, Furukawa Electric, Sumitomo Electric, NWC (Networkcable Co., Ltd.), ZTT Group, Fiberhome, New Sea Union Technology, CommScope, YUDA Communication, Orient Rising Sun Telecom, Zhantong Telecom, Chengdu Qianhong Communication, Sichuan Tianyi Comheart Telecom, Shanghai Letel Communication, Shenzhen Shengke Communication Technology.
The optical 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 Optical 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 Optical Fiber Splice Closures Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical 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 Optical 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 Optical Fiber Splice Closures Market Size & Forecast, 2018-2028
4.5.1 Optical Fiber Splice Closures Market Size and Y-o-Y Growth
4.5.2 Optical Fiber Splice Closures Market Absolute $ Opportunity
Chapter 5 Global Optical 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 Optical 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 Optical 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 Optical Fiber Splice Closures Market Size Forecast by Applications
6.2.1 Aerial Installed
6.2.2 Underground Installed
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical 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 Optical 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 Optical Fiber Splice Closures Analysis and Forecast
9.1 Introduction
9.2 North America Optical 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 Optical 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 Optical Fiber Splice Closures Market Size Forecast by Applications
9.10.1 Aerial Installed
9.10.2 Underground Installed
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 Optical Fiber Splice Closures Analysis and Forecast
10.1 Introduction
10.2 Europe Optical 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 Optical 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 Optical Fiber Splice Closures Market Size Forecast by Applications
10.10.1 Aerial Installed
10.10.2 Underground Installed
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 Optical Fiber Splice Closures Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical 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 Optical 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 Optical Fiber Splice Closures Market Size Forecast by Applications
11.10.1 Aerial Installed
11.10.2 Underground Installed
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 Optical Fiber Splice Closures Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical 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 Optical 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 Optical Fiber Splice Closures Market Size Forecast by Applications
12.10.1 Aerial Installed
12.10.2 Underground Installed
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) Optical Fiber Splice Closures Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical 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) Optical 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) Optical Fiber Splice Closures Market Size Forecast by Applications
13.10.1 Aerial Installed
13.10.2 Underground Installed
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 Optical Fiber Splice Closures Market: Competitive Dashboard
14.2 Global Optical 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
14.3.10 New Sea Union Technology
14.3.11 CommScope
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
14.3.17 Shanghai Letel Communication
14.3.18 Shenzhen Shengke Communication Technology
