Fiber Optic Connector, Mechanical Splice Global Market Forecast

The global fiber optic connector and mechanical splice consumption last year (2006) was $1.396 billion. The consumption value will increase with strongly rising quantity growth partially offset by declining average prices. By the year 2011, the worldwide consumption value is forecasted to reach $3.451 billion.

North America led in global consumption with 47.3 percent or $660million in 2006. North American consumption will expand in value to $1.43 billion by 2011, as shown in Table 1.1.1. North American connector consumption will be driven by the proliferation of relatively shorter links used in private data and local loop networks. European fiber optic connector consumption, 21.2 percent in 2006, is led by the European Union member states as they transition to open competition in delivery of broadband services to business, as well as residential customers. The fastest growth in connector consumption will occur in Japan/Pacific Rim with a forecasted average annual growth rate of 25.5 percent (2006-2011). Rest of the World (including South America) region stimulated by favorable national economic policies and the trend toward telecom liberalization also has an impressive forecast of annual growth.