fiber-cleavers-market

Fiber Cleavers Market by Type (Hand Held Cleavers, Bench Top Cleavers), by Application (Telecom/Datacom, CATV and Broadcasting, Military and Aerospace, Power and New Energy, Healthcare, Others) - Growth, Future Prospects, And Competitive Landscape, 2024 - 2032

26 Sep 2019 Format PDF icon PPT icon XLS icon Request Sample

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:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Fiber Cleavers market and their expected impact during the forecast period.

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
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Type
  • Hand Held Cleavers
  • Bench Top Cleavers

Application
  • Telecom/Datacom
  • CATV and Broadcasting
  • Military and Aerospace
  • Power and New Energy
  • Healthcare
  • Others

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Fiber Cleavers market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Fiber Cleavers market?
  • Which is the largest regional market for Fiber Cleavers market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Fiber Cleavers market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Fiber Cleavers market worldwide?
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