ReportsnReports.com adds Global Fiber Optic Components Market 2017-2021 latest research report; the analysts forecast global fiber optic components market to grow at a CAGR of 10.37% during the period 2017-2021.

Pune, Maharashtra -- (SBWire) -- 07/11/2017 --Fiber optic components market analyst says one of the major drivers for this market is Increasing migration from copper to optic fiber. The major driver for the growth of the fiber optic components market is the migration from copper cabling to optic fiber. Copper fiber uses electrical impulses to send information across long distances. This leads to large attenuations and distortion of data. Copper wires can easily be tapped, which can lead to security issues and challenges. Optic fibers are inexpensive, lightweight, and non-flammable, and can carry higher bandwidths than copper wires.

Complete report on Fiber Optic Components market spread across 112 pages, analysing 6 major companies and providing 30 data exhibits are now available at http://www.reportsnreports.com/reports/1119844-global-fiber-optic-components-market-2017-2021.html .

The following companies as the key players in the global fiber optic components market: Amphenol, Corning, Finisar, Fujikura, FURUKAWA ELECTRIC, and Sumitomo Electric Industries. Other Prominent Vendors in the market are: Ciena, MOLEX, Newport, and OZ Optics.

The latest trend gaining momentum in the fiber optic components market is increasing long-haul and ultralong-haul networks. Long-haul optic networks are used for the transmission of information over optic fiber cables for long distances. Long-haul optics are used to connect countries and cities across the globe. Most of these networks range from hundreds to thousands of kilometers. They have mostly migrated to 10 Gbps-based DWDM systems with 32 channels or more.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Global Fiber Optic Components Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global fiber optic components market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of fiber optic components.

Further, the fiber optic components market report states that one of the major factors hindering the growth of this market is High price of components and their installation. Fiber optic components are priced much higher than their copper counterparts. For instance, the price of a desktop computer network interface card for 10 or 100 Mbps Ethernet on Cat 5 ranges between $60 and $80. Whereas, the price of a fiber network interface card is $100-$400. The cost of fibers varies widely as they have numerous cable and connector styles. Each connector is priced from $1 to $15. The installation cost of a fiber optic line can go up to $30,000 for an entire building. If an ISP chooses to opt for an optic fiber connection, they would need to dig out the entire copper installation wiring and replace it with optical fibers. GoogleFiber, a provider of fiber to the premises, estimated that the cost of wiring a fiber network into a major American city would cost approximately $1 billion. This is an extremely expensive process as ISPs opt for upgrades rather than dig up the entire line.

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key industry trends?
What is driving this market?
What are the challenges to industry growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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