According
to ElectroniCast Consultants, the North American use of OSP fiber optic
installation apparatus is forecast to reach $276 million in 2017…
Aptos, CA (USA) – December 5, 2017 -- 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; thosking@electronicastconsultants.com
(Telephone/USA: 831-708-2381)
ElectroniCast
Consultants – www.electronicast.com
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.
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