Fiber Termination Box Market Forecasts to 2028 – Global Analysis By Product (Rock Mount Fiber Termination Box, Wall Mount Fiber Termination Box), Type (48 Core Fiber Box, 96 Core Fiber Box, 24 Core Fiber Box, Others), Installation Area (Outdoor, Indoor), Application and By Geography
According to Stratistics MRC, the Global Fiber Termination Box Market is accounted for $497.22 million in 2022 and is expected to reach $697.37million by 2028 growing at a CAGR of 5.8% during the forecast period. A compact fibre management product of tiny size is the fibre termination box (FTB), often referred to as the optical termination box (OTB). It is frequently used in FTTx cabling for cable management as well as fibre cabling. The fibre termination box may occasionally be viewed as a miniature version of the fibre optic patch panel and optical distribution frame (ODF). In FTTH Networks, it typically refers to the box-shaped fibre optic management equipment used to distribute and secure the optical fibre links. The termination box's primary use is to link the cable's core and pigtail while terminating fibre optic cables.
According to the Cellular Operators Association of India (COAI), major telecommunication companies such as Bharti Airtel, Vodafone Idea, and Reliance Jio had spent Rs 9,000 crore in improving network infrastructure telecom sites and laying optic fiber cable. The Department of Telecommunications had also assigned 855.60 MHz of airwaves sold to the telecom operators in March auction across the 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, and 2300 MHz bands which is supporting the market growth. According to the International Telecommunication Union (ITU), 63% (approx.4.9 billion) of the global population is using the internet in 2021 that increase by 17% since 2019.
Market Dynamics:
Driver:
Rising demand for networking components
The need for new technologies that can transmit IP/Ethernet data in its native format while maintaining its powerful OAM capabilities is growing in the telecoms sector. In order to offer effective network services and efficiently handle packet traffic, optical fibres have been established. To prolong component life, these optical fibres must be shielded from the outside environment. Utilizing fibre access and termination boxes assures both the safety of optical fibres and the effectiveness of network connectivity delivery.
Restraint:
Reduction of network speed due to the use of wireless techniques
The primary market limitation in fiber termination box market is the network speed decline brought on by the usage of wireless technologies. Since wireless network connections are constrained in this way, FTTH (fibre to the home) has been developed to offer higher-bandwidth, seamless network connections. The high expense of installing a fibre termination box is another restriction.
Opportunity:
Growing usage of FTTH (fiber-to-the-home)
Worldwide need for faster networks is increasing. Network speed is decreased when wireless technologies are used to deliver Internet services. In order to provide higher-bandwidth and seamless network connections due to this limitation of wireless network connections, FTTH (fiber-to-the-home) has been established. Fiber access and termination boxes provide the coverage and protection for optical fibres needed for FTTH (fiber-to-the-home) use (terminals).
Threat:
Surging adoption of wireless communication systems
Using a microwave radio spectrum, data is transferred between points in wireless communications networks. The receiving devices, antenna systems, and dishes receive the data from one central point. Radio frequency (RF) and fibre space optics (FSO) are the two main technologies for wireless communication. Both RF and FSO technologies offer non-interference with one another and cost less to install. In comparison to fibre optics technology, these solutions boost communication application efficiency.
Covid-19 Impact
Diseases have spread to nearly every country in the world since the COVID-19 virus outbreak. Corona virus disease 2019 (COVID-19) is currently too new to be felt globally, but it will have a significant influence on the Fiber Termination Box industry. Due to the COVID-19 pandemic, there is a global economic downturn known as the corona virus recession. Production, the supply chain, businesses and financial markets, and all three of these sectors of the global economy, could be impacted by the pandemic.
The wall mount fiber termination box segment is expected to be the largest during the forecast period
The wall mount fiber termination box segment is estimated to have a lucrative growth, due to suitable tool for pre-connected cables, field connector setup, and field pigtail splicing. A fantastic solution to be used in the building of entrance terminals, telecommunication secrets, major cross connects, computer rooms, and other regulated settings is made accessible by wall mount fibre termination box, which leads the market growth.
The indoor segment is expected to have the highest CAGR during the forecast period
The indoor segment is anticipated to witness the fastest CAGR growth during the forecast period, as it serves as the transition between the horizontal cable and the rising cable, the indoor fibre termination box gives operators far more flexibility when managing cables. Based on installation area, the segment is into Outdoor and Indoor. Additionally, indoor FTB enables the provision of space for terminated and overlong fibres as well as for fibre splicing.
Region with highest share:
North America is projected to hold the largest market share during the forecast period owing to network service providers in the area have made significant investments in order to lower costs and deliver effective network services. One of the most effective technologies to be launched for increasing network efficiency is fibre access and termination boxes.
Region with highest CAGR:
The Asia Pacific region is projected to have the highest CAGR over the forecast period, owing to the demand for telecommunication services. The region's young demographic profile, the significance of domestic savings and the region's technophobic and entrepreneurial culture all contribute to this. One aspect of the market's growth is the emergence of new operators in various nations.
Key players in the market
Some of the key players profiled in the Fiber Termination Box Market include Shanghai Wanbao, Optical Technologies Co. Ltd, Green Telecom Technology Co., Ltd, Formosa Corporation, Hexatronic Cables & Interconnect Systems, Sopto Technologies, Sterlite Technologies Limited, WIRENET Technology CO.,LTD, Shenzhen Necero optical fiber and cable Co., ltd, Ningbo Yuda Communication Technology Co., Ltd, Linkwell Telecom tech, FiberHome Telecommunication Technologies Co Ltd, Fibox India Pvt Ltd, Siqura B.V., Carefiber Optical Technology Co., Ltd., COZLINK PTE. Ltd
Key Developments:
In Mar 2022, Formosa Group Acquires Noiseworks, Expanding its Global Interactive Presence with Award-Winning Talent. The acquisition of the acclaimed audio company reinforces Formosa Interactive's commitment to meet the end-to-end audio needs of global platform holders, publishers, and developers.
In October 2021, Hexatronic completes previously announced acquisition of Data Center Systems. Hexatronic enter the US market for data centers. DCS’s production facility will also enable Hexatronic to provide customers in North America with locally assembled and terminated products for Hexatronic’s complete FTTH-solution.
Products Covered:
• Rock Mount Fiber Termination Box
• Wall Mount Fiber Termination Box
Types Covered:
• 48 Core Fiber Box
• 96 Core Fiber Box
• 24 Core Fiber Box
• Other Types
Installation Areas Covered:
• Outdoor
• Indoor
Applications Covered:
• Television
• Telephone
• Data and Image Transmission
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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