Aptos, CA, February 14, 2017 --(PR.com
)-- ElectroniCast Consultants, a leading market & technology forecast consultancy addressing the fiber optics communications industry, today announced the release of their annual study of the use of selected fiber optic cleavers and strippers for the purpose of optical fiber preparation processing.
According to ElectroniCast, the global use of fiber optic cleavers and strippers is forecast to increase from $38.7 million in 2016 to $42.6 million in 2021, and then the value is forecast to increase at a much faster pace to the year 2026. Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.
“Field-installable fiber optic connectors, fusion splice use, and other optical fiber preparation processing tasks are driving the need for accurate fiber preparation and cleaving,” said Stephen Montgomery, principal analyst of the fiber optics group at ElectroniCast.
The instrument/machine categories are segment further by the weight of the device. The average selling price differences between instrument/machines (stripper, cleaver, and combination), and tools (shears, strippers, scissors and "pen" scribes) is substantial. The market analysis and forecast of the consumption of selected fiber optic cleavers and strippers segmented by several different device-types, with a weight of less than 8kg (17.6 pounds) as well as selected hand tools.
According to the study, the Asia Pacific region (APAC) employed nearly 160-thousand new fiber optic cleaver and stripper units in 2016. The Asia Pacific region is forecast to maintain the leadership role in relative market share in both volume/quantity and value. China, Korea and Japan are leading consumers for the selected fiber optic cleaver and stripper units in the region; however, India is acknowledged as a rapid adopter of optical fiber communication technologies.
“Due to the deployment fiber optic cable assemblies in Data Centers (DC), as well as continued deployment of Fiber-to-the-Home (FTTH), as well as other optical fiber deployment, the need for easy-to-use, rugged/durable and accurate fiber optic preparation and termination devices are increasing in demand,” Montgomery added.