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.
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.
The global fiber termination box market is segmented based on type and application. Based on the type, the market is segmented into wall mount, and rack mount. Based on the application, the market is sub-segmented into the telephone, television, and data and image transmission. Among the application, the television segment is dominating the market as it is majorly used to provide fiber welding and optical connector transfer. Additionally, it is used to offer mechanical protection and environmental protection for optical fibers and its components in order to allow the proper inspection for maintaining the highest standards.
To Request a Sample of our Report on Fiber Termination Box Market: https://www.omrglobal.com/request-sample/fiber-termination-box-market
Fiber Termination Box Market Segmentation
By Type
- Wall Mount
- Rack Mount
By Application
- Telephone
- Television
- Data and Image Transmission
A full Report of Fiber Termination Box Market is Available @ https://www.omrglobal.com/industry-reports/fiber-termination-box-market
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
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
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/fiber-termination-box-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404