Aptos, CA, December 06, 2017 --(PR.com
)-- ElectroniCast Consultants, a leading market and technology research consultancy addressing the fiber optics communications industry, today announced the release of their market research study covering selected products used in Outside Plant (OSP) fiber optic installation apparatus (FOIA) used in North America.
The consumption value of the selected Outside Plant (OSP) fiber optic installation apparatus (FOIA) products in the North America region is expected to reach $276 million this year in 2017; forecasted to increase to $423.2 million in the year 2027. Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.
The United States of America is forecast to dominate in the leadership position, expanding at an average annual growth rate of 5.8 percent in the 1st-half of the forecast period (2017-2022).
According to ElectroniCast, as optical fiber use migrates closer and closer to the end user, the requirements for jointing fibers becomes more critical. Inside plant and outside plant fiber optic installation apparatus (FOIA), which includes splicing and cable assemblies (cable/connectors), distribution boxes/panels/ frames, patch panels, splice closures, fiber management cabinets/boxes and several passive optical components used in the installation apparatus play a significant role in a network’s cost and performance. Typically, fusion splices and to some extent mechanical splices are used where the need to frequently connect and disconnect is not a requirement. Connectors are typically used in applications where flexibility for routing or reconfiguring is necessary.
The Telecommunications/Multimedia application is forecast for steady annual growth from an expected $252 million in 2017 for the selected OSP equipment covered in this market study. The forecasted growth is mainly driven by access fiber deployment (FTTx) and higher transfer rates for in metro initiatives.
This market forecast report is available immediately from ElectroniCast Consultants. For detailed information on this or other services provided by ElectroniCast, please contact Theresa Hosking, Marketing/Sales, (Telephone/USA: 831-708-2381).
ElectroniCast Consultants – specializes in forecasting trends in technology forecasting, markets and applications forecasting, strategic planning and consulting. ElectroniCast Consultants, as a technology-based independent forecasting firm, serves industrial companies, trade associations, government agencies, communication and data network companies and the financial community. Reduction of the risk of major investment decisions is the main benefit provided. ElectroniCast Consultants’ goal is to understand the challenges and opportunities facing clients and to provide timely, accurate information for strategic planning.