PLC Splitters Market News, Size, Share | Industry Analysis report up to 2025
26th
September: This
Report Studies the Global PLC splitter Market
size, industry status and forecast, competition landscape and growth
opportunity. This Research Report categorizes the Global PLC splitter Industry
by Companies, Region, Application, Type and end-use Industry.
Global PLC
splitter market demand is expected to be high over the forecast
period on account of increasing developments in IT and telecommunication
industries. PLC stand for planar light wave circuit and is a recent technology.
Earlier, fiber optic splitters were based on fused biconical taper (BPT)
technology. PLC is a more recent technology where waveguides are fabricated
using lithography and a silica glass substrate. These splitters are known to
offer accurate and even splits with minimum loss.
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Development in fiber optics field has transformed different ways
of transmitting data over long distances with minimum loss and are immune to
electromagnetic inferences. Such favorable characteristics are expected to
further enhance market demand in the future. Innovation and technological
advancement have resulted in overall cost reduction and consumer awareness
which in turn is expected to drive industry growth over the forecast period.
Increasing information transmission need with greater fidelity is expected to
drive overall industry demand in the future. PLC splitting is one of the most
popular means of new cabling and upgrades. The growth of online marketing among
the population has resulted in an increase in internet speed. This technology
has played a significant role in achieving this response time. Rising demand
for 3G/4G network globally is expected to augment industry over the forecast
period. Overall industry development has helped emerging economies including
India, Philippines, South Africa, and Brazil to establish well- developed IT
infrastructure and outsourcing sectors.
PLC
splitters are expected to explore opportunities surveillance, standard
telephone cables, and sensors application segments. North America dominated the
global industry on account of well-established IT infrastructure which
increases their technology up gradation abilities. The region is expected to
continue its dominance in the future. Asia-Pacific experienced a steady growth
and the regional demand is expected to propel over the forecast period on
account of developments in the telecommunication industry. The rise of 3G/4G in
India and China coupled with smartphone market expansion is expected to
increase the regional demand for fiber optic cables in the future which in turn
is anticipated to drive the Planar Lightwave Circuit (PLC) splitter industry.
Europe is expected to show a substantial demand growth over the forecast period
on account of increasing investment initiatives in information technology
market. Africa and South America are expected to observe slow growth on account
of poor technology up gradation facilities. The government of India has laid
emphasis to connect its remote regions using optical fibers so as to provide
high-speed internet. A plan is under discussion to lay undersea optical fiber
cables from Chennai situated on the east coast of India up to Andaman Island.
Key players in the Planar Lightwave Circuit (PLC) splitter market
are Corning, Prysmian, Sterlite technologies Yangtze fibers and Fujilura
Limited. Other companies include Reflix photonics, Fiberon Technologies,
Shenzhen Technologies and Finisar Corporation. Mergers and acquisitions are
expected to play a key role in PLC splitter industry in order to acquire latest
technologies, face competition and increase market share. In 2014, Corning Inc.
acquired Samsung’s fiber optic business. The acquired company has manufacturing
facilities in South Korea and China. Further, acquisitions are also expected to
increase in the telecom industry with an objective to hold the network assets.
Verizon is expected to acquire XO communications network by 2017 with an aim to
improve its growing cellular operations.
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