According to a new study by ElectroniCast, the global market consumption of electronic and fiber optic connectors used in Local Area Networks (LANs)/premises private data networks was $622.3 million in 2000. The consumption value will increase at an annual growth rate of 13.3 percent per year over the next five years to $1.16 billion in 2005, with strongly rising quantity growth partially offset by declining average prices. Over the 2005-2010 period, the consumption value will reach $2.8 billion. North America led in global consumption with 63 percent or $392 million in 2000.
According to ElectroniCast Senior Research Analyst Peter T. Jewett, "North American consumption will be driven by the continuing trend to higher data rate input/output per machine, growing complexity and increasing node counts of LANs. The fastest growth in LAN/premises private data network interconnect cable consumption will occur in South America and the Rest of World regions stimulated by favorable national economic policies and the trend toward higher network bandwidth requirements."
The global consumption value of fiber optic connectors used in LAN/premises private data networks will increase from $242 million in 2000 to over $2.1 billion in 2010. In 2000, North America held a dominant 70 percent of global consumption value of LAN/premises private data network fiber optic connectors. European connector usage value was in a distant second place and Japan plus other Far East countries in turn represented less than 10 percent of the Global usage. Over the next decade, fiber optic data connector deployment in Europe and Japan will proceed more rapidly than in North America, to represent almost half, or 42 percent of the Global consumption of fiber optic LAN/premises private data network interconnect connectors by 2010.
The "LAN/Premises Private Data Network Connector Market Forecast� is available for $4,250.
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Founded in 1981, ElectroniCast offers forecasting for the fiber optic, optoelectronic, and photonic industries. For more information, visit www.electronicast.com.