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2021
Fiber Management Systems Market

Fiber Management Systems Market By Type (Fiber Cassette, Fiber Optic Boxes and Others), Application (Telecommunication, Research and Academic Institutions, Pharmaceutical, Biotechnology, Hospital and Clinic, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A12930
Pages: NA
Oct 2021 | 162 Views
   
Author(s) : Vijay Poola
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COVID-19

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Fiber Management Systems Market Outlook – 2030

Fiber management system (FMS) is a system which is used to manage the optical fiber connections from the exterior of the fiber rack to the fiber routers. A fiber network is controlled using the FMS procedure. It keeps track of system operations and features including schematic design, asset physical locations, splice points (mechanical/fusion), and more. Reports on cable capacity creation and sharing, calculating the total cable lengths, documenting fiber cable locations, splicing records, determining the presence of dark fiber cables, troubleshooting of fiber breaks etc. are some of its uses.

To carry out these tasks, most firms rely on software-based platforms, databases, and spreadsheets. Managers and installers can use these technologies to save data on network components, connections, and testing, which is useful for planning future improvements or diagnosing problems if happen. Reports can be generated by fiber optic management systems that detail network data such as cable section lengths, loss budgets, network capacity, optical loss, and splice and termination sites. All these factors are assisting the growth of fiber management systems market share globally.

The global fiber management systems market is segmented on the basis of type, application and region. Based on type, the fiber management systems market is segregated into fiber cassette, fiber optic boxes and others. In terms of application, the market is categorized into telecommunication, research and academic institutions, pharmaceutical, biotechnology, hospital and clinic, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global fiber management systems industry include SANTRON, Tascom, RackOm, Panduit, HUBER+SUHNER, Thermo Fisher Scientific Inc., CosmosID, Viome Inc., Novogene Corporation, and Microbiome Insights Inc. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global fiber management systems market.

Top Impacting Factors

Fiber management system is most prominently used in the fiber optic communication application. Cellular wireless technology has and will continue to rely on fiber networks. The introduction of 5G networks, the fifth generation of mobile network technology that promises faster speeds, cleaner connections, and higher capacity for individual devices is highly expected. As a result, to accommodate 5G cell installations, fiber management system will need to be significantly denser. The expensive manufactures costs connected with the development of this system, fragility, difficulty in installation may further limit the fiber management systems market growth.

New Product Launches to Flourish the Market

SYLFA HD, a new front access modular connectivity platform launched in April 2021 by HUBER+SUHNER, a Switzerland fiber optic cable manufacturing company, offers WAN/Access network, central office, and data center customers a space-saving structured cabling alternative. The next-generation front access solution, according to the business, maximizes space with high port density and patch cord over length support. It has a one-of-a-kind module design that simplifies access to incoming cables from the front or back, increasing efficiency. The modules also include a unique routing channel that adheres to the smallest possible banding radius and allows for front accessibility without sacrificing density.

Go!Foton Inc., a New Jersey provider of optical components and connectivity solutions for fiber-optic communications announced the release of its EKO platform for AI-assisted intelligent network management. It was announced the device at the OFC 2020 expo in San Diego in March 2020. It is intended to assist wireless and wireline operators in meeting ever-higher performance demands while also solving the never-ending challenge of fiber densification.

Surge in Usage in Telecommunication Industry

Optical fiber is the primary medium for data transfer from one point to another and telecommunication is the largest end-use industry for fiber optics. The industry is fast expanding because of the growing use of mobile devices and the associated bandwidth connectivity. The telecommunications business is being driven by positive fiber management systems market trends in broadband services and big data management such as 5G networks, implementation of Artificial Intelligence (AI), and Internet of Things (IoT). The number of linked devices continues to grow and use of fiber management systems will increase eventually with the expansion of device usage and connectivity.

Key Benefits of the Report

  • This study presents the analytical depiction of the fiber management systems market forecast along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the fiber management systems market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the fiber management systems market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed fiber management systems market analysis based on competitive intensity and how the competition will take shape in coming years

Market Scope and Structure Analysis

Report Metric

Details

 Market Size Available For Years

 2020–2030

 Base Year Considered

 2020

 Forecast Period

 2021–2030

 Forecast Unit

 Value (USD)

 Segments Covered

 Type, Application and Region

 Regions Covered

North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa)

 Companies Covered

SANTRON, Tascom, RackOm, Panduit, HUBER+SUHNER, Thermo Fisher Scientific Inc., CosmosID, Viome Inc., Novogene Corporation, and Microbiome Insights Inc.


COVID-19 Impact Analysis

The COVID-19 pandemic has slowed the growth of several sectors, including automobiles, oil and gas, and others. It has three major effects on the global economy: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets.

The COVID-19 outbreak has posed a significant strategic threat to electronics and manufacturing companies in recent months. The electronics and semiconductor manufacturing industries have been harmed by disruptions in raw material supply, temporary shutdown of manufacturing units, inadequate finance, and weak consumer demand. All these factors are limiting the growth of fiber management systems market opportunity globally.

Fiber Management Systems Market Key Segments

Segment

Sub-Segment

 Type

  • Fiber Cassette
  • Fiber Optic Boxes
  • Others

 Application

  • Telecommunication
  • Research and Academic Institutions
  • Pharmaceutical
  • Biotechnology
  • Hospital and Clinic
  • Others


Questions Answered in the Fiber Management Systems Report

  • What are the leading market players active in the fiber management systems market?
  • What would be the detailed impact of COVID-19 on the fiber management systems market size?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future would help in taking further strategic steps?
 
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