Indonesia Fusion Splicer Market to be dominated by Hardware components till 2027
High-end investments in the
developing ICT sector and ongoing developments in fiber optic networks are
expected to drive the demand for the Indonesia fusion splicer market in the
forecast period, 2023-2027.
According to TechSci Research
report, “Indonesia Fusion Splicer Market By Type (Field Splicing, Factory Splicing, and Laboratory Splicing), By
Component (Hardware, Software, Service), By Alignment Type (Cladding Alignment
and Core Alignment), By Application (Telecommunication, Aerospace &
Defense, Cable TV, Enterprise, and Others), By Region, Competition Forecast
& Opportunities, 2027”,
the Indonesia fusion splicer market is expected to witness robust growth in the
forecast period, 2023-2027. There has been continuous evaluation in the optical
fiber construction network and the telecommunication industry. Fusion splicing
is gaining popularity as it is the most advanced, economical, and fastest
method for field termination. The industry is developing and evolving by
witnessing upgrades in optical communication technology and advancements in
video-on-demand, gaming-on-demand, and digital video recorder networks. The
rise in focus on the leading authorities on expansions and innovations in the
fiber optic network in different telecommunication networks and the ongoing
digitalization of the prominent end-user industries are expected to drive the
demand for Indonesia fusion splicer market growth over the next five years.
However, the high cost of
fusion splicing devices and the need for continuous power supply may restrain
the Indonesia fusion splicer market growth in the forecast period.
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data Figures spread through 70 Pages and an in-depth TOC on "Indonesia
Fusion Splicer Market"
The Indonesia fusion splicer
market is segmented into type, component, alignment type, application, regional
distribution, and competitive landscape.
Based on type, the market is
divided into field splicing, factory splicing, and laboratory splicing. Field
splicing is expected to witness substantial market growth over the forecast
period, 2023-2027. Field splicing is a method that is used to connect two or
more truss sections into a single component. They provide greater flexibility
in truss manufacturing, installation, and shipping.
Based on component, the
market is divided into hardware, software, and service. The software segment is
expected to account for a significant market share in the forecast period. The
high adoption of telecommunication, specialty applications, enterprise, and
cable TV. The rise in focus of manufacturers on improving their pre-and
post-sales services and availability of customized engineering services which
includes advanced training, customized hardware and software design, agreement
on maintenance services, and consultation for process improvement.
Based on alignment type, the market
is divided into cladding alignment and core alignment. The cladding alignment
segment is expected to hold the largest market share in the forecast period.
These can be quickly aligned and are cost-effective, which is one of the major
reasons for their high demand across the country.
Based on application, the
market is divided into telecommunication, aerospace & defense, cable tv,
enterprise, and others. The enterprise segment is expected to witness the
fastest incremental growth in the forecast period owing to the presence and growing
number of enterprises in the country. Several enterprises are indulging in
developing new information infrastructure, including a huge number of fiber
optic cables.
Major market players
operating in the Indonesia fusion splicer market are:
·
Sumitomo
Electric Industries, Ltd.
·
Furukawa
Electric Co., Ltd.
·
Fujikura
Ltd.
·
Ilsintech
Co., Ltd.
·
INNO
Instruments, Inc.
·
Darkhorsechina
(Beijing) Telecom. Tech. Co., Ltd.
·
China
Electronics Technology Group Corporation
·
Nanjing
Jilong Optical Communication Co., Ltd.
·
Nanjing
DVP O.E. Tech. Co., Ltd.
·
Shenzhen
Ruiyan Communication Equipment Co., Ltd.
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“Indonesia is a promising
market for the construction of data centers in the country due to its high
internet penetration, strong connectivity, and presence of industrial areas,
which provide better infrastructure. Jakarta is the most lucrative location to
set up data centers, and the government is providing income tax incentives for
the development of data centers within the country. Multiple major cloud companies
such as Amazon Web Services, Alibaba Cloud, and Google Cloud Platform have
established their presence in the country and are partnering up with local
market players to cater to the domestic demand in the country. Also, there is
repaid growth of the e-commerce industry due to the shift of the consumers to
buy through alternate online channels, which generates a large volume of data
and requires the set-up of data centers. An increase in the set-up of data
centers, strong economic growth, and massive government support are expected to
propel the Indonesia fusion splicer market growth till 2027” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Indonesia Fusion Splicer
Market By Type (Field Splicing, Factory Splicing, and Laboratory Splicing), By
Component (Hardware, Software, Service), By Alignment Type (Cladding Alignment
and Core Alignment), By Application (Telecommunication, Aerospace &
Defense, Cable TV, Enterprise, and Others), By Region, Competition Forecast
& Opportunities, 2027”, has evaluated the future
growth potential of Indonesia fusion splicer market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Indonesia fusion splicer market.
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