Wednesday, June 7, 2023

Fiber Optic Cable Assemblies Market Business Opportunities, Latest Innovations, Top Players and Forecast by 2030

 Fiber Optic Cable Assemblies Market Snapshot

Market Research Future (MRFR), reveals different forces that control the global fiber optic cable assemblies market 2020, in its currently published report. The global fiber optic cable assemblies market is moving forward at a CAGR of 9.10% for the forecast period of 2022 to 2030.The increase in fiber optic cable assembly market trends across the globe can bolster the expansion of the market. The increase in the requirement for fiber optic cable assemblies can support the expansion of the market. In addition, the rise in the need for achieving cost effective solutions by the electronic sector can promote the expansion of the market across the analysis period. The need for the future proof networks and lower network up-front, low operational costs, streamline service delivery, and others can impel the expansion of the fiber optic cable assembly market in the review period. The booming IT and telecommunication industries is one of the highest fiber optic cable assembly. This can promote the rise of the fiber optic cable assembly market in the forecast years.

The growing popularity of multimode cables owing to their low cost and ease of working can impel the expansion of the market through the analysis period. The optical component namely fiber connector, fiber adapter and others. The surge in the demand for fiber optic cable assemblies as they offer great bandwidth and fast speed over short distance that is economical can also promote the expansion of the market growth in the analysis period.

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Fiber Optic Cable Assemblies Market Competitive Landscape

Amphenol Fiber Systems International (U.S), RF industries (U.S.), Molex Incorporated (U.S), Finisar Corporation (U.S), Fiber connection Inc. (Canada), TE Connectivity (Switzerland), Optec Technology Limited (Hong Kong), Carlisle Companies Incorporated (U.S), and Delphi Automotive PLC (U.K) among others are some reputed players in the fiber optic cable assemblies global market as listed by MRFR.

Fiber Optic Cable Assemblies Market Segmental Analysis            

The segment assessment of the global fiber optic cable assemblies market is done by product types, cable length, end users, and mode types.

The cable length based segments of the fiber optic cable assemblies market are custom and standard.

The mode type based segments of the fiber optic cable assemblies market are multiple mode, single mode, and others.

The product type based segments of the fiber optic cable assemblies market are long length assemblies, connectorized assemblies, fibre jumpers, and high complex breakout assemblies among others.

The end users based segments of the fiber optic cable assemblies market are IT & telecommunication, automotive, industries, government & defense, and others. The growing telecommunication and automotive application of fiber optic cable assemblies can bolster the expansion of the fiber optic cable assembly market in the analysis period.

Regional overview

The fiber optic cable assembly market trends are studied across APAC, North America, EU, and the Rest of the World. In North America, the increase in the fiber optic cable assemblies market can be attributed to their high demand as they offer greater bandwidth. In EU, the fiber optic cable assemblies market is expected to thrive across the analysis period. The rise of the fiber optic cable assembly market in the Asia Pacific region can be credited to the increase in the application of fiber optic cable assemblies in commercial and residential spaces. The availability of facilities that provide high quality connectivity for ease of audio and video streaming can impel the expansion of the fiber optic cable assembly market across the review period, reveals MRFR.

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Transport Ticketing Market Trends, Application, Growth Rate, and Future Forecast till 2030

Transport Ticketing Market Overview:

The transport ticketing market has gained a lot of popularity recently as it is a substitute for traditional paper-based ticketing. With the increasing digitalization and advancement in technology, the transport ticketing market is flourishing. It covers both smartphone apps and smartcard apps. 

Due to fewer printed tickets, it indirectly leads to a healthy environment atmosphere. The use of transport ticketing also saves time, and now nobody has to stand in long queues for collecting tickets. The transport ticketing system has to flourish its roots all across the globe in no time.

 Moreover, the transport ticketing market is expected to grow at a higher CAGR of 15.70% during the forecasted period to account for the higher market value of approximately USD 31.5 billion in the global market.

Order a free sample PDF of the Transport Ticketing Market Intelligence Study, published by Market Research Future.

Transport Ticketing Market Segmentation:

The transport ticketing market in the global market has been divided based on the product, system, and application.

Based on the Product:

The global market has been divided based on the product into the ticket machine, E-Ticket, E-Kiosk, E-Toll, and many others. The largest market share is held by the E-Kiosk as it has a higher CAGR in the global market. The oldest form of smart ticketing is a ticket machine.

Based on the System:

The global market has been divided based on the system into a smartphone, smart card, and others.

Based on the Application:

The global market has been divided based on the application into ships, airlines, personal vehicles, buses, railways and metros, and many others.

Transport Ticketing Market Regional Analysis:

The transport ticketing market in the global market has been divided based on the region into North American region, European region, Asia-Pacific region, and the rest of the world. The largest market share in the global market is held by the North American region owing to increasing advancement in technology which also results in more usage of smartphones.

Since the Asia-Pacific region is the fastest-growing region, it holds the second-largest market share in the global market. The presence of highly populated countries like India and China, coupled with advancement in technology, drives the demand for the market in the Asia-Pacific region.

The third-largest market share in the global market is held by the European region. The growing advancement in technology and increasing demand for the internet of things drive the demand for the transport ticketing market in the European region. The rest of the world includes the Latin American region and the Middle East and African region. Both the regions show bleak growth in the market owing to poor infrastructural development in these regions.

Industry News:

1. In February 2021, a global provider of RFID handheld readers, namely, TSL UK LTD has been acquired by HID Global. It will provide a one-stop-place for integrational tools and hardware.

2. In February 2021, a 10-year contract was made between a French company having a specialty in mobility in payment methods, namely Conduent and Flowbird, and Comutitres that has next-generation technologies.

3. In February 2021, for promoting self-checkout solutions at fuel, Pyramid Computer partnered with Scheidt& Bachmann. It will help in the development of SIQMA.

4. In February 2021, a security controller platform, namely 40 nm SLC36/SLC37 has been launched by Infineon Technologies. It will provide flexibility for contactless payments for better performance.

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY

2.1 RESEARCH TYPE

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

3.5 MARKET RESTRAINTS
4 EXECUTIVE SUMMARY

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Contact us:

Market Research Future®,

99 Hudson Street,

 5Th Floor,

New York, New York 10013,

United States of America

Phone: +1 628 258 0071(US) +44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

 

 

 

 

 

 

Consumer Robotics Market Segments, Market Sales, Profits and Regional Study

 The consumer robotics market size is projected to register a CAGR of 29.2% from 2022 to 2030. The advancement in consumer robotic technology enables people to devote most of their time to important tasks as robots take on their daily household chores, which is one of the major factors behind their increasing adoption. The consumer robotics market share is expected to reach approximately USD 43.71 billion by 2030.

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Competitive Outlook

Hasbro, Inc., Dà-Jiāng Innovations Science and Technology Co., Ltd, MAKO Surgical Corporation, Samsung Electronics Co., Ltd., Google Inc., Intuitive Surgical Inc., Parrot SA, Honda Motors Company Ltd., iRobot Corporation, 3D Robotics, WowWee Group Limited, LG Electronics Inc., Jibo, Inc., Neato Robotics, and Blue Frog Robotics are key players of the global consumer robotics market.

Market Scope

The global consumer robotics market is expected to grow to USD 17 billion by 2023. It can expand at a CAGR of 19% during the forecast period. Adoption of mobile devices is predicted to drive the market demand exponentially.  Technological advances such as artificial intelligence, machine learning, machine vision, human and robot interaction, and tactile sensors can spur the demand in the coming years.

The huge demand for cleaning robots and increasing automation in households can bode well for the market. Compact size of these robots and saved costs for cleaning can drive the procurement of these robots. Assimilation of robots in most janitorial jobs in the coming years can outline the vast demand of the market.

But high costs of these robots can limit the market growth.

Segmentation

By type, it is segmented into personal robots, task robots, surveillance robots, educational robots, entertainment robots, security robots, and others.

By component, it is segmented into processors, communications technologies, power supplies, software, microcontrollers, displays, cameras, actuators, sensors, legs, hopping, ball, walking, manipulators, mobile robots, mobile platforms, wheels, and others.

By vertical, it is sub-segmented into industrial robotics, telepresence robots, educational robotics kits, UAVs, healthcare robotics, and others.

Regional Analysis

North America is one of the leading regions of the world in terms of market share. The market of consumer robotics in this region has a huge demand due to the technological advancements in robotics, which is propelling the market growth to a large extent.

The market in Europe for consumer robotics is expected to witness rapid growth in the forthcoming period due to huge demand for sensors in this region. Moreover, fundraising rounds by venture capitalists for accelerating the research and testing phase of domestic robots can bode well for the global consumer robotics market.

Whereas, Asia Pacific countries such as China, Japan and India is an emerging consumer robotics sector, which is expected to grow at the highest CAGR in the coming years. China is a major hub for electronics devices, which is boosting the market growth of market to the large extent. Innovation in robots and support to aged and mobility-impaired populace can drive the demand for consumer robots.

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