Market Overview:
The Europe fusion splicer market size reached US$ 117.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 174.2 Million by 2032, exhibiting a growth rate (CAGR) of 4.33% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 117.6 Million |
Market Forecast in 2032
|
US$ 174.2 Million |
Market Growth Rate (2024-2032) |
4.33% |
A fusion splicer is a device used to join two or more optical fibers together. It has multiple fiber strippers; an optical core that assists in aligning fiber cables; a local injection detection system that detects the edges from where light is reflected; and profile alignment system (PAS) software to eliminate the loss of material during the process of splicing. As it offers the least reflectance and loss of signals on low variable costs, its demand is escalating across Europe.
There is a significant increase in the sales of fusion splicers on account of the escalating demand for fiber-to-the-home (FTHH) deployments across Europe. Moreover, governing authorities of several countries are investing in fiber-optic networks, which is positively influencing the market in the region. Besides this, leading manufacturers are introducing advanced and efficient fusion splicers that are faster and more durable. However, the outbreak of the coronavirus disease (COVID-19) pandemic and lockdown restrictions imposed in several countries have temporarily halted the production. The market is gradually experiencing growth due to the introduction of lockdown relaxations and the increasing reliance on e-commerce platforms.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Europe fusion splicer market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on offering, product, alignment type and application.
Breakup by Offering:
- Hardware
- Software and Services
Breakup by Product:
- Single Fiber Fusion Splicer
- Ribbon Fiber Fusion Splicer
- Special Fiber Fusion Splicer
Breakup by Alignment Type:
- Core Alignment
- Cladding Alignment
Breakup by Application:
- Telecommunication
- Cable TV
- Enterprises
- Aerospace & Defense
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Offering
- Product
- Alignment Type
- Application
- Country
|
Offerings Covered |
Hardware, Software and Services |
Products Covered |
Single Fiber Fusion Splicer, Ribbon Fiber Fusion Splicer, Special Fiber Fusion Splicer |
Alignment Types Covered |
Core Alignment, Cladding Alignment |
Applications Covered |
Telecommunication, Cable TV, Enterprises, Aerospace & Defense, Others |
Countries Covered |
Germany, France, United Kingdom, Italy, Spain, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Europe fusion splicer market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe fusion splicer market?
- What are the key regional markets?
- What is the breakup of the market based on the offering?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the alignment type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe fusion splicer market and who are the key players?
- What is the degree of competition in the industry?