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The Europe fusion splicer market is currently witnessing steady growth. A fusion splicer is a device used to join two or more optical fibers together. It has multiple fiber strippers; an optical core that assists in aligning fiber cables; a local injection detection system that detects the edges from where light is reflected; and profile alignment system (PAS) software to eliminate the loss of material during the process of splicing. As it offers the least reflectance and loss of signals on low variable costs, its demand is escalating across Europe.
There is a significant increase in the sales of fusion splicers on account of the escalating demand for fiber-to-the-home (FTHH) deployments across Europe. Moreover, governing authorities of several countries are investing in fiber-optic networks, which is positively influencing the market in the region. Besides this, leading manufacturers are introducing advanced and efficient fusion splicers that are faster and more durable. However, the outbreak of the coronavirus disease (COVID-19) pandemic and lockdown restrictions imposed in several countries have temporarily halted the production. The market is gradually experiencing growth due to the introduction of lockdown relaxations and the increasing reliance on e-commerce platforms. On account of these factors, the market is expected to continue its steady growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe fusion splicer market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, offering, product, alignment type and application.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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