ElectroniCast: After down 2008, fusion splicer market expected to rebound
MAY 5, 2009 -- The global consumption value of fiber-optic fusion splice equipment in 2008 was $300.1 million, down slightly from $308.2 million in 2007.
MAY 5, 2009 -- According to a new market forecast and analysis market and technology forecast consultancy ElectroniCast Consultants (search Lightwave for ElectroniCast) has just released, the global consumption value of fiber-optic fusion splice equipment in 2008 was $300.1 million, down slightly from $308.2 million in 2007. However, the consumption value is forecasted to increase to $470 million in 2013, with strongly quantity growth partially offset by a continuing decline of average prices.
"Telecommunications, in 2008, represented over 50 percent of the worldwide consumption value of fiber-optic fusion splice equipment," said Stephen Montgomery, president of Asia Pacific at ElectroniCast and director of the study project. "The use of fusion splice equipment in the production (manufacturing) of fiber-optic components, devices or products, is forecasted to jump to nearly $70 million by 2013. Because of the economic crisis, some of the product categories are forecasted for flat relative growth or even slight decreases in consumption during the first few years of the market forecast."
The "Fiber Optic Fusion Splicer Global Market Forecast (2008-2013)" is available immediately from ElectroniCast Consultants.