The global fiber termination box market is anticipated to grow at a CAGR of 4.0% during the forecast period. The growing demand for networking components to extend the life of networking fiber is driving the growth of the fiber termination box market. For instance, in October 2020, Telefónica and Allianz partnered to deploy Fibre-to-the-Home (FTTH) in Germany. Through this partnership, the deployment of the local fiber-optic networks in underserved rural and semi-rural areas across Germany had been done to offer FTTH access to all telecommunication service provider so that they can offer these services to end-users. Additionally, the fiber termination box consist of a fast transmission rate, which has less signal loss than copper termination box. Optical fibers are introduced to provide efficient network services and handle packet traffic efficiently. The demand for termination boxes is growing in order to protect this optical fiber from external environment to enhance their better usage and also delivering effective network connectivity. However, the restraining factor to the market is reduction of network speed due to the use of wireless techniques, which limits the market growth.
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Due to COVID-19 pandemic, educational institutions and offices were shut down which had resulted in a situation of work from home and due to this the use of the internet increased, and also the demand for optical fiber which in turn had increased the demand for fiber termination box for safeguarding purposes. For instance, in April 2021, according to the Cellular Operators Association of India (COAI), major telecommunication companies such as Bharti Airtel, Vodafone Idea, and Reliance Jio had spent Rs 9,000 crore in improving network infrastructure telecom sites and laying optic fiber cable. The Department of Telecommunications had also assigned 855.60 MHz of airwaves sold to the telecom operators in March auction across the 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, and 2300 MHz bands which is supporting the market growth.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Fiber Termination Box Market by Type
- Wall Mount
- Rack Mount
Global Fiber Termination Box Market by Application
- Telephone
- Television
- Data and Image Transmission
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Belden Inc.
- Carefiber Optical Technology Co.,Ltd.
- CommScope, Inc.
- ECPlaza Network Inc.
- FiberHome Telecommunication Technologies Co.,LTD.
- FUJIKURA LTD.
- Green Telecom Technology Co.,Ltd
- Hexatronic Group
- K&M Solutions Co.,Ltd.
- Nexans AmerCable
- Ningbo Hi-Tech Zone Newsunn Optronics Technology Co., Ltd.
- Shenzhen Sopto Technology Co., Ltd
- Shenzhen Wirenet Telecom Technology Co., Ltd.
- Sterlite Technologies Ltd.
- Sumitomo Electric Industries, Ltd.
- Thorlabs, Inc.
- ZTT
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global fiber termination box market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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