In its new World Fiber Optic Test Equipment Markets report, market research firm Frost & Sullivan reveals that sales of fiber-optic test equipment surpassed $544.6 million in 2010. Frost & Sullivan estimates the market will reach $695.2 million in 2015, spurred by demand related to increasing 3G/4G, mobile backhaul, and fiber-to-the-home (FTTH) deployments.
The market research firm expects demand in manufacturing as well as installation and maintenance (I&M) sectors will increase as well.
National broadband initiatives across the globe will create more bandwidth demand, more networks, and a need for upgrades to 40-Gigabit Ethernet capacity, says Frost & Sullivan. "The R&D sector is growing with increased demand for triple-play technology -- voice, video, data -- and increasing bandwidth requirements," says Frost & Sullivan Industry Manager Sujan Sami. "This is expected to spike demand for new test equipment."
Frost & Sullivan views the Asia Pacific region as the most prolific in these areas, with increasing FTTH deployments (especially in China and India) and growing demand for mobile backhaul and 40 Gbps. The company termed the fiber-optic test equipment opportunities China offers as “immense.” Favorable regulations and new standards also will boost growth of broadband access and, in turn, the fiber-optic test equipment market.
However, all is not rosy in the space. The global economic downturn is still expected to have a slight affect the fiber-optic test equipment market. Frost & Sullivan sees the market as quite mature and therefore very price sensitive.
World Fiber Optic Test Equipment Markets is part of the Test & Measurement Growth Partnership Service program, which also includes research in the following markets:
- Fiber Optic Test Equipment in North America, Europe, Asia Pacific and the rest of the world
- World Communication Test Services Market
- World LAN/WAN Test Equipment Market
- SONET/SDH Test Equipment Market.
All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
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