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2025 global fiber optic connector market is expected to exceed 40.1 billion yuan

Time: 2017-08-20
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According to a new report by Grand Research Research, the global fiber optic connector market is expected to reach $ 5.9 billion (about $ 40.43 billion) by 2025.

2025 global fiber optic connector market is expected to exceed 40.1 billion yuan

The field of fiber will usher in significant growth during the forecast period. Fiber optic connectors have great potential to become a medical, railway, defense & aviation, oil and gas field is widely used as part of the field.

This technology has been ongoing research and development, and aims to mass market development of low-cost applications and technology solutions.

Over the past few years, fiber technology has made significant progress, thanks to ongoing R & D activities and growth requirements from high-bandwidth communications and data services.

The fiber market includes different fiber optic connectors such as SC connectors, LC connectors, FC connectors, ST connectors, MTP / MPO connectors, and others.

According to fiber applications, the market can be divided into military & aviation, oil & gas, telecommunications, health care, finance and insurance, railways and others. 

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