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Fiber Optic Test Equipment Market worth 902.2 Million USD by 2020

(Wireless-NewsWire.Com, November 18, 2016 ) Browse 70 tables and 57 figures spread through 166 Pages and in-depth TOC on "Fiber Optic Test Equipment Market - Global Forecast to 2020"

http://www.marketsandmarkets.com/Market-Reports/fiber-optic-test-equipment-market-69318734.html



Early buyers will receive 10% customization on reports.



The overall fiber optic test equipment market is expected to be worth USD 902.2 Million by 2020, at an estimated CAGR of 4.86% during the forecast period.



It is essential to test the working as well as feasibility of fiber optic cables before and after their installation for a particular application. Testing the fiber optic system before installation reduces the failure rate of the system, thereby reducing the overall repair cost. The fiber optic test equipment is being used in many applications to provide a more accurate measurement of the power losses, attenuation losses, and for proper inspection and detection of flaws.



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This report describes the market trends, drivers, and challenges with respect to the global fiber optic test equipment market and projects the market size from 2014 to 2020, based on the type, form factor, application, end-user and geography. It also provides a detailed view of the market across regions, namely, North America, Europe, APAC, and RoW. APAC is the largest market for fiber test equipment in terms of value and is expected to register growth at the highest CAGR of 6.05% from 2015 to 2020.



The major aspects of the complete fiber optic test equipment market have been covered in this report in the form of market classification. Market classification encompasses segmentation & sub-segmentation of the market by type, end-user, application, and geography. Lastly, the fiber optic test equipment includes a detailed competitive landscape and company profiles of key players across the ecosystem.



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The key players in the fiber optic test equipment market which have been included in the report are JDS Uniphase Corporation (US), EXFO (Canada), Anritsu Corporation (Japan), Keysight Technologies (US), Fluke Networks (US), Corning Incorporated (U.S.), Yokogawa Electric Corporation (Japan), Kingfisher International Pty Ltd (Australia), AFL (U.S.), and Tektronix Inc. (U.S.). The studied market has been witnessing extensive new product launches and new product development by the key players analysed during the study.





About MarketsandMarkets



MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.



M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.



We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.



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Source: EmailWire.Com



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