Aptos, CA, March 31, 2018 --(PR.com
)-- ElectroniCast Consultants, a leading market and technology research consultancy addressing the fiber optics communications industry, today announced the release of their 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 $397.8 million in 2017, up from $391.4 million in 2016. Telecommunications reached $288.3 million, representing a 72.5 percent market share, versus 73.7% in the previous year.
The Cable TV sector is forecast to increase in volume (quantity/number of units) at over 5% annually during the forecast period (2017-2027). Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.
The consumption value of OTDRs in the Private Networks is forecast for very impressive “double-digit” annual growth over most of the next 10-years, 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.