The GMI Research witnesses the rising demand for fiber optics testing across the globe owing to the adoption of technological advancements in infrastructure, which is the main factor to fuel the global fiber optics testing market.
Introduction of the Fiber Optics Testing Market
Testing is the process of assessing the performance of fiber optic elements, systems, and cable plants. Several components like fiber, LED, splices, detectors, connectors, and receivers developed, and testing will verify their specific performance. Fiber testing constitutes techniques, processes, and standards used to test fiber links, fiber optic elements, and located fiber networks. The fiber optic industry standard has evolved to verify fiber network elements and installations before use in few years.
Key Players of Market:
- Element Materials Technology
- NTS
- VIAVI Solutions Inc.
- EXFO Inc.
- UL LLC
- Intertek Group plc
- TÜV Rheinland
- Fujikura
- Eurofins Scientific
- L3Harris Technologies, Inc.
Fiber Optics Testing Market Dynamics
The global fiber optics testing market presages to witness high demand over the forecast period. It is because of the growing number of investments for the advancement of infrastructure. Multiple government authorities and telecommunication operators install fiber optic cables to minimize their fixed investment, private consumption, and industrial activities. In addition, the developed economies like the U.S., China, and Europe, are adopting 5G technology, which will boost the optical fiber cable market in the coming years.
The government of the developing economies takes several steps and emphasizes the development of fiber optic networks for better connectivity and enhancing the broadband infrastructure. The government of India developed the Digital India initiative, which will support the development of complex and large fiber-optic networks to provide high-speed internet facilities in both rural and urban areas. On the other hand, the market sales have slowed down due to the outbreak of the COVID-19 pandemic, especially in 2020. Due to the covid situation, the large operators and government authorities procrastinate installing fiber optic cables, which has delayed the testing services. However, high installation and training related to fiber optics are the critical factors restraining the market growth in the coming years.
Service Type Segment Drivers
The inspection services segment witnesses to grow at a higher CAGR during the forecast period due to the high penetration of monotonous inspections of fiber cables after the installation as they are susceptible to damages. The inspection services make sure the products meet the customer’s expectations and cohere to government regulations, consequently decreasing the risk of defective products.
Offering Type Segment Drivers
The offering type, the in-house services, segment foresees to witness a faster CAGR during the forecast period. The in-house services are carried out in-house and are specifically apparent exclusively in telecommunication, public sector applications, and data centers. It is a crucial factor that is fueling the demand of the segment in the market.
Fiber Mode Segment Drivers
Based on fiber mode, the multimode segment presumes to lead the market during the forecast period owing to the high demand for increased bandwidth for cloud computing applications. The multimode fiber optical joined short-distance data transportation in data centers and high-performance computing uses. Cloud computing offers certain benefits like lowered infrastructure costs and improved connectivity, which has steered its adoption. The combination of these factors is responsible for the growth of the segment in the market.
Geographical Drivers
The Asia-Pacific region maintains its dominance in the market in the next six years due to the continuous development in manufacturing technologies and the surging demand for consumer electronics organizations. On the other hand, the North American region foresees to grow at a higher CAGR throughout the forecast period due to the rising adoption of advanced connectivity networks. The U.S. has efficient broadband, and internet infrastructure has complex fiber optic cabling networks, thus steering the need for the equipment. However, the expansion of the telecommunication sector is one more factor that is surging the market’s demand.
Fiber Optics Testing Market Segmentation:
Segmentation by Service Type
- Testing services
- Inspection services
- Certification services
- Other services
Segmentation by Offering Channel
- In-House services
- Outsourced services
Segmentation by Fiber Mode
- Single-mode
- Multimode
Segmentation by Testing Services
- Continuity test
- End-to-end insertion loss test
- Optical power measurement test
- Optical radiation test
- Mechanical test
- Environmental test
- Others
Segmentation by Testing Standards
- International Organization for Standardization (ISO)
- Building Industry Consulting Services International (BICSI)
- Telecommunications Industry Association (TIA)
- International Electrotechnical Commission (IEC)
- International Telecommunication Union (ITU)
Segmentation by Application
- Telecommunication
- Private Enterprise
- Cable Television
- Military and Aerospace
- Manufacturing
- Oil and Gas
- Energy and Power
- Railway
- Medical
- Others
Segmentation by Region
- North America
- The United States of America
- Canada
- Europe
- The United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of APAC
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of RoW
About GMI Research
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