Automatic blade rotation system of cleaver blade during the process of cleaving for fast, easy, & precise cleaves is expected to drive the growth of the fiber cleavers market
The fiber cleavers market worldwide is expected to grow with a CAGR of 2.8% during the forecast period from 2023 to 2030, starting from US$ 43.69 Mn in 2021. Cleavers with the automatic rotating blade system utilizes the total blade surface and automatically increase the cleaver blade with every cleave. In 2020 Fujikura announced the development and the launch of new CT50 fiber cleaver, which offers much better maintainability and operability than the existing cleavers which are currently available on the market. Sales of CT50 commenced during summer 2020. Nevertheless, high installation cost of FTTH and growth of the wireless communication system is projected to restrict the growth of the market.
Bench Top Cleaver to Continue Dominating the Market
Bench top cleavers are most widely used cleavers in the fiber optic industry. They use diamond or tungsten blade for the purpose of providing the nick in fiber and then tension is applied to fiber for the purpose of creating cleaved end face. They can yield repeatable result through thousands of cleaves by merely rotating the wheel accordingly. Although slightly costly, bench top cleavers have the capability cut numerous fibers at a time with increased efficiency, speed and accuracy and is estimated to drive the market growth of this segment during the forecast period.
Asia Pacific to Register the Fastest Growth
Asia Pacific dominates the market with highest revenue share. Asia Pacific region employed closely 160,000 fiber stripper and new fiber cleaver units in the year 2016. China, Korea & Japan are the leading consumers of fiber cleaver and the fiber stripper units , but it is also estimated that India as the rapid adopter of the optical fiber communication technologies in the APAC region. Countries like China, Japan, & others, are largely investing into the overall process of augmenting the security of infrastructure within. Awareness concerning the benefits of technology is growing rapidly in developing economies, which in turn is estimated to drive the growth of this market.
Some of the prominent players operating in the fiber cleavers market include Mayflex, Fujikura, Furukawa, Thorlabs, Sumitomo Electric, AFL, OrienTek, Vytran, Huihong Technologies, Techwin, Nanjing Jilong Optical Communication among others.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Fiber Cleavers market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report