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Optical Connectors Market Size, Share, Leading Players and Analysis up to 2026
Posted: Aug 22, 2022
According to a research report by Stratview Research, the Optical Connectors Market is primarily driven by widespread product use in the telecom and automotive industries. Increasing demand for high bandwidth communication is likely to drive the growth of the optical connectors market at a significant rate during the review period. In addition to this, rising demand for advanced optical connectors is likely to create lucrative opportunities for the players operating in the global market in the coming years.
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Segments' Analysis
Stratview Research has segmented the "Optical Connectors Market" by Type (Board to Board Optical Connector, Edge Card Optical Connector, Mid Board Optical Connector, Other), Application (Data Centre, Telecommunication, Automotive, Others), and Region - COVID-19 Impact Analysis and Forecast to 2026.
By application, the optical connectors market has been bifurcated into the data center, telecommunication, automotive, and others. Under these, the telecommunication segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. This can be attributed to the increasing demand for improved broadband connectivity.
By region, the market in Asia-Pacific accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to the increasing adoption of optical connectors in the telecommunication sector in developing countries particularly China and India. The market growth in the North American region is expected to be driven by increasing demand for highly advanced technologies in the telecom sector.
Leading Players Covered in the Optical Connectors Market Report:
The following are the key players in the Optical Connectors Market -
- Corning Cable Systems (US)
- Samtec (US)
- Molex LLC (US)
- US Conec Ltd. (US)
- The 3M Company (US)
- Diamond SA (Switzerland)
- Finisar Corporation (US)
- TE Connectivity (Switzerland)
- Delphi (UK)
- Panasonic Corporation (Japan)
- Broadcom Inc. (US)
- Fujitsu Limited (Japan)
- Hirose Electric Co., Ltd. (Japan)
- Amphenol Corporation (US)
- Sumitomo Electric Industries, Ltd. (Japan).
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About Us:
Stratview Research is a global market research firm that delivers precise data and ground-breaking business study, helping organizations of all sizes make suitable decisions. We gather information for our clients, assisting them to address various challenges, and trends related to their market.
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Digital Marketing Associate in Stratview Research
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