The market for Fiber Cleavers Market is expected to reach US$ XX Bn in 2027.
The automatic blade rotation system of cleaver blades during the process of cleaving for fast, easy, & precise cleaves is expected to drive the growth of the fiber cleaver market.
The fiber cleavers market worldwide is expected to grow with a CAGR of 2.8% during the forecast period from 2019 to 2027, starting from US$ 40.25 Mn in 2018. Cleavers with the automatic rotating blade system utilizes the total blade surface and automatically increase the cleaver blade with every cleave. In 2018 Fujikura announced the development and launch of a new CT50 fiber cleaver, which offers much better maintainability and operability than the existing cleavers which are currently available on the market. Sales of CT50 commenced during the summer of 2018. Nevertheless, the high installation cost of FTTH and the growth of the wireless communication system are projected to restrict the growth of the market.
Benchtop cleavers are the most widely used cleavers in the fiber optic industry. They use a diamond or tungsten blade to provide the nick in Fiber, and then tension is applied to the Fiber to create a cleaved end face. They can yield repeatable results through thousands of cleaves by rotating the wheel accordingly. Although slightly costly, benchtop cleavers have the capability to cut numerous fibers at a time with increased efficiency, speed, and accuracy and is estimated to drive the market growth of this segment during the forecast period.
The Asia Pacific dominates the market with the highest revenue share. Asia Pacific region closely employed 160,000 fiber strippers and new fiber cleaver units in 2016. China, Korea & Japan are the leading consumers of fiber cleaver and fiber stripper units. Still, India is also estimated to be the rapid adopter of optical fiber communication technologies in the APAC region. Countries like China, Japan, & others, are largely investing in the overall process of augmenting the security of infrastructure within. Awareness concerning the benefits of technology is growing rapidly in developing economies, which in turn is estimated to drive the growth of this market.
Some prominent players operating in the fiber cleavers market include Mayflex, Fujikura, Furukawa, Thorlabs, Sumitomo Electric, AFL, OrienTek, Vytran, Huihong Technologies, Techwin, Nanjing Jilong Optical Communication, among others.
This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.
The fiber cleavers market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global fiber cleaver market based on type, application, and geography. Key segments covered in the report are as follows:
The market for Fiber Cleavers Market is expected to reach US$ XX Bn in 2027.
The Fiber Cleavers Market is expected to see significant CAGR growth over the coming years, at 2.8%.
The report is forecasted from 2019-2027.
The base year of this report is 2018.
Mayflex, Fujikura, Sumitomo Electric, Furukawa, Thorlabs, AFL are some of the major players in the global market.