Global FOTE market expected to reach over US $855 million by 2019, says Technavio

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This industry research report segments the global FOTE market by product (DWDM, OSA, OTDR, OPM, OLS, RFTS, and OLTS), by end-user (telecom and broadband, oil and gas, private data network, cable television, military and aerospace, and others) and by application (installation and maintenance, manufacturing, and R&D). It provides a detailed geographic segmentation of the market, including APAC, EMEA, North America, and ROW is included in the report. Agilent Technologies, Anritsu, EXFO, Fluke, and JDS Uniphase are the leading vendors. 

Technavio has released updated information on the optic market, with the publication of its new market research report, global FOTE market. The global fiber optic test equipment (FOTE) market is expected to grow at a CAGR of around 5% between 2015 and 2019. The increasing use of optical fibers by the telecom, oil and gas, and military and defense industries is the driving force in the global FOTE market. The APAC leads the global FOTE market, accounting for around 32% of the total market share, due to the growth of the data centre interconnects market.

“Visual fiber optic testing has facilitated the process of testing optical fibers by easy detection of the damaged optical fiber ferrules. Visual fiber tester (VFT) is a US patented technology that is used to pre-inspect multi-strand fiber-optic cable terminations or splices, and is compatible with all the brands of fiber optic adapter panels, couplers, or connectors. The VFT technology has also gained traction in visual fault inspection for multi-strand fiber optic multimode or single mode cables,” says Navin Rajendra, Lead Analyst, Heavy Industry, Technavio Research.

The key features of the fiber optic testers are performing basic inspection and cleaning operations, help with troubleshooting, and include verification testers, certification testers, and advanced optical time-domain reflectometers (OTDR) testers. The increasing use of optical fibers by the telecom, oil and gas, and military and defense industries is the driving force in the global FOTE market.

The key vendors in the global FOTE market are Agilent Technologies, Anritsu, EXFO, Fluke and JDS Uniphase. End-users are looking for advanced features, new technologies, high brand image, after-sales services, and continuous product support and customer services while purchasing, which requires continuous product development. Therefore, vendors are compelled to fulfill all these criteria at competitive prices.

A more detailed analysis is available in the Technavio report, Global FOTE Market 2015-2019.

We can customize this reports by other regions and specific segments upon request.

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