Aptos, CA, August 25, 2017 --(PR.com
)-- ElectroniCast Consultants, a leading market and technology research consultancy addressing the fiber optics communications industry, today announced the release of their 23rd-annual market forecast of hand-held OTDR fiber optic test devices. The new report provides a 10-year forecast of the worldwide market for handheld OTDRs and multiple-test units (platforms) using OTDR modules, as well as supplementary/secondary (add-on) OTDR-based modules.
An Optical Time Domain Reflectometer (OTDR) is a fiber optic test instrument used as a troubleshooting device to find faults in the optical fiber link.
According to ElectroniCast Consultants, the worldwide use of handheld OTDR and associated devices reached $391.4 million in 2016. Telecommunications reached $288.5 million, representing a 73.7 percent market share of worldwide consumption value of handheld OTDRs and multi-test units with initial and add-on OTDR modules in 2016. Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.
The Cable TV sector is forecast to increase in volume (quantity/ number of units) at 6.9 percent per year during the 1st-half of the forecast period (2016-2021) and increase 5.5 percent annually during the 2nd-half (2021-2026)
The consumption value of OTDRs in the Private Networks is forecast for very impressive “double-digit” annual growth throughout the entire forecast period (2016-2026), due to the increase in optical fiber deployment in LANs (local area networks), campus (LAN extension inter-building, LAN-to-LAN and redundant lines), and (very large) Data Centers (DCs), driven by critical high-speed data applications.
Private networks require an OTDR solution to accommodate a singlemode or multimode application and test scenario from very short to longer distances. With the exception of Military, ElectroniCast counts the use of OTDRs by the Government sector in the Private Network category.