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North American use of OSP Fiber Optic Installation Apparatus is Forecast to Reach $276 million in 2017

Market Research Reports Inc.

Market Research Reports Inc.

North America Outside Plant Fiber Optic Installation Apparatus Market Forecast 2017-2027 is now available from MarketResearchReports.com

LEWES, DELAWARE, DELAWARE, UNITED STATES, December 5, 2017 /EINPresswire.com/ -- MarketResearchReports.com announced the release of a market research study covering selected products used in Outside Plant (OSP) fiber optic installation apparatus (FOIA) used in North America.

The consumption value of the selected Outside Plant (OSP) fiber optic installation apparatus (FOIA) products in the North America region is expected to reach $276 million this year in 2017; forecasted to increase to $423.2 million in the year 2027. Market forecast data in this study report refers to consumption (use) for a particular calendar year; therefore, this data is not cumulative data.

The United States of America is forecast to dominate in the leadership position, expanding at an average annual growth rate of 5.8 percent in the 1st-half of the forecast period (2017-2022).

According to report, as optical fiber use migrates closer and closer to the end user, the requirements for jointing fibers becomes more critical. Inside plant and outside plant fiber optic installation apparatus (FOIA), which includes splicing and cable assemblies (cable/connectors), distribution boxes/panels/ frames, patch panels, splice closures, fiber management cabinets/boxes and several passive optical components used in the installation apparatus play a significant role in a network’s cost and performance. Typically, fusion splices and to some extent mechanical splices are used where the need to frequently connect and disconnect is not a requirement. Connectors are typically used in applications where flexibility for routing or reconfiguring is necessary.

The Telecommunications/Multimedia application is forecast for steady annual growth from an expected $252 million in 2017 for the selected OSP equipment covered in this market study. The forecasted growth is mainly driven by access fiber deployment (FTTx) and higher transfer rates for in metro initiatives.

This market forecast report is available for purchase from this link: https://www.marketresearchreports.com/electronicast/north-america-outside-plant-fiber-optic-installation-apparatus-market-forecast-2017

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