2021 global fiber optic connector income of nearly $ 4.43 billion
According to TMR recently released study shows that by 2014, global fiber optic connector to reach $ 2.72 billion profit (about 16.88 billion yuan, US $ 1 = 6.2065 yuan), with the continued development of the communications infrastructure and the demand for high bandwidth rates continued growth is expected in 2021, this figure will increase to $ 4.43 billion (about 27.5 billion yuan), during the annual compound growth rate of 7.4%.
Report on the global market is divided into five regions, namely North America, Europe, Asia Pacific, Latin America, Middle East and Africa. From the earnings perspective, in 2014, North America is the largest regional market fiber optic connectors, accounting for 38.2 percent of the global total, mainly by North American data center high density multi-layer optical fiber connector universal drive.
Followed by the Asia-Pacific market, accounting for 30.6 percent of the global total, the development of the region was mainly due to improved cabling technology and high-speed fiber optic network deployment driven.
Is expected in 2021, North America and Asia Pacific will continue to be the world's leading fiber optic connector regional markets. In addition, the development of emerging economies such as China, India, Brazil and other communications infrastructure into a substantial increase in the local market will further drive demand for fiber optic connectors increases.