Asia Pacific Fusion Splicer Market

Market Overview:

The Asia Pacific fusion splicer market size reached US$ 218.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 306.0 Million by 2028, exhibiting a growth rate (CAGR) of 5.68% during 2023-2028.

A fusion splicer is a device utilized to combine two or more optical fibers. It comprises an optical core that assists in aligning fiber cables; profile alignment system (PAS) software that estimates the loss of material during splicing; and a local injection detection system that aids in identifying the edges from where the light is reflected. It currently finds extensive applications across different industries in the Asia Pacific region.

At present, governments of various countries are investing in expanding the fiber-optic networks. This represents one of the significant factors strengthening the growth of the fusion splicers market. Besides this, the increasing adoption of cloud-based infrastructure and the growing requirement for high-bandwidth networks is boosting the overall sales of fusion splicers across the region. However, the outbreak of the coronavirus disease (COVID-19) and lockdown restrictions imposed by governments of several countries have negatively impacted the market growth. The market is currently experiencing growth due to the introduction of lockdown relaxations and the increasing reliance on e-commerce platforms.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific fusion splicer market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on offering, product, alignment type and application.

Breakup by Offering:

• Hardware
• Software and Services
   

Breakup by Product:

• Single Fiber Fusion Splicer
• Ribbon Fiber Fusion Splicer
• Special Fiber Fusion Splicer
   

Breakup by Alignment Type:

• Core Alignment
• Cladding Alignment
   

Breakup by Application:

• Telecommunication
• Cable TV
• Enterprises
• Aerospace & Defense
• Others
   

Breakup by Country:

• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the Asia Pacific fusion splicer market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Asia Pacific fusion splicer market?
• What are the key regional markets?
• What is the breakup of the market based on the offering?
• What is the breakup of the market based on the product?
• What is the breakup of the market based on the alignment type?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Asia Pacific fusion splicer market and who are the key players?
• What is the degree of competition in the industry?