Optical connector market sales will reach 1.3 billion US dollars

According to the latest report released by Electronicast Consultants, sales of fiber optic connectors and all types of mechanical connectors in 2012 reached US$ 2.39 billion. The data center application accounted for more than half, ElectroniCas's market research agency said that by 2017 will see a substantial growth in the telecommunications market.

Private data network applications accounted for 51% of the total market last year, to 1.2 billion US dollars. In 2012, the telecommunications sector created a total of 669 million U.S. dollars, and Electronicast expects this application to show an annual growth of 14.5%, reaching US$1.3 billion by 2017. Optical fiber broadband access demand is the driving force for this growth.

Last year, the military/aviation and other harsh environment applications reached 270 million U.S. dollars.

Seeing the type of specialty optical fiber, the global single-mode optical fiber connector market last year created a record of 786 million U.S. dollars, of which the telecommunications network market is dominant. Electronicast believes that the consumption value of multi-mode connectors will continue to grow, growing at an average annual growth rate of 17.4% between 2012 and 2017. Multi-mode fiber optic connectors will also maximize their short-range applications, such as LANs, high-performance computer data centers, "big data" and storage area networks (SANs) in other applications.

In fact, ElectroniCas pointed out that advances in technology have facilitated the migration of fiber to more end-users and made applications shorter distances. Stephen Montgomery of Electronicast’s Optical Component Group said, “The trend for miniaturized connectors is mostly multi-fiber connectors because they can reduce space requirements and the cost of each fiber interconnect. These connectors are minimized and they must be high Accurate fiber to fiber alignment."