Fiber Optic Connectors Market - Increasing Demand for Greater Telecom Capacity and Faster Internet Services Has Resulted in the Extensive Use in Telecom Networks
The competitive landscape of the global fiber optic connectors market is largely consolidated, with the top five collectively holding a nearly 60% share in the market in 2015, observes a recent report by Transparency Market Research. These top vendors, namely 3M, TE Connectivity Ltd., Amphenol Corporation, Molex Incorporated, and Corning Cable System LLC, have relied upon strategies such as acquisition of niche product manufacturers for diversifying product portfolios and expanding their reach across lucrative regional markets.
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