LONDON–(BUSINESS WIRE)–Technavio has been monitoring the optical time domain reflectometer (OTDR) market and it is poised to grow by USD 41.2 million during 2020-2024, progressing at a CAGR of about 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions-
- Based on segmentation by end-user, which is the leading segment in the market?
- The communication industry is expected to be the leading segment in the global market during the forecast period.
- What are the major trends in the market?
- Increasing demand for tier-2 certification standard is one of the major trends in the market.
- At what rate is the market projected to grow?
- Growing at a CAGR of about 4%, the incremental growth of the market is anticipated to be USD 41.2 million.
- Who are the top players in the market?
- Anritsu Corp., Corning Inc., EXFO Inc., Fortive Corp., Fujikura Ltd., INNO Instrument Inc., Raytheon Co., Teledyne Technologies Inc., VIAVI Solutions Inc., and Yokogawa Electric Corp. are some of the major market participants.
- What are the key market drivers and challenges?
- Growing investments in smart city projects is one of the major factors driving the market. However, the growing market for rental test equipment restraints the market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Anritsu Corp., Corning Inc., EXFO Inc., Fortive Corp., Fujikura Ltd., INNO Instrument Inc., Raytheon Co., Teledyne Technologies Inc., VIAVI Solutions Inc., and Yokogawa Electric Corp are some of the major market participants. The growing investments in smart city projects will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Optical Time Domain Reflectometer (OTDR) Market 2020-2024: Segmentation
Optical Time Domain Reflectometer (OTDR) Market is segmented as below:
- End-user
- Communication
- Cable TV
- Private Enterprise Network
- Others
- Geography
- North America
- Europe
- APAC
- South America
- MEA
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Optical Time Domain Reflectometer (OTDR) Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The optical time domain reflectometer (OTDR) market report covers the following areas:
- Optical Time Domain Reflectometer (OTDR) Market Size
- Optical Time Domain Reflectometer (OTDR) Market Trends
- Optical Time Domain Reflectometer (OTDR) Market Analysis
This study identifies increasing demand for tier-2 certification standard as one of the prime reasons driving the optical time domain reflectometer (OTDR) market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Optical Time Domain Reflectometer (OTDR) Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist optical time domain reflectometer (OTDR) market growth during the next five years
- Estimation of the optical time domain reflectometer (OTDR) market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the optical time domain reflectometer (OTDR) market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of optical time domain reflectometer (OTDR) market vendors
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End user
- Communication – Market size and forecast 2019-2024
- Cable TV – Market size and forecast 2019-2024
- Private enterprise network – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by End user
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Anritsu Corp.
- Corning Inc.
- EXFO Inc.
- Fortive Corp.
- Fujikura Ltd.
- INNO Instrument Inc.
- Raytheon Co.
- Teledyne Technologies Inc.
- VIAVI Solutions Inc.
- Yokogawa Electric Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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