The fiber optic test equipment market is to be worth US$ 923 million in 2023 and is expected to reach US$ 1,779.9 million by 2033, with a 6.8% CAGR between 2023 and 2033.
The growth in fiber cable networks and fiber optic cable types may augment the fiber optic test equipment demand in the market. In order to provide services efficiently, the increased need for real-time operations necessitates continual testing of insertion loss and bandwidth.
Increasing need opens up significant opportunities for the fiber optic test equipment industry.
The introduction of 5G technology may accelerate development, which can cause the fiber optic test equipment demand to rise over the coming years. Governments in rising economies, like India and China, are encouraging testing operations in telecom base stations as a result of the ongoing development of infrastructure to enable 5G technology.
The fiber optic testing equipment market's rise in recent years has been fueled by the rising fiber optic test equipment demand from network service providers for the 5G technology to operate effectively. This increased fiber optic test equipment demand is creating more chances for sellers of network test equipment.
| Attributes | Details |
|---|---|
| Fibre Optic Test Equipment Market CAGR (2023 to 2033) | 6.8% |
| Fibre Optic Test Equipment Market Size (2023) | US$ 923 million |
| Fibre Optic Test Equipment Market Size (2033) | US$ 1,779.9 million |
| Fibre Optic Test Equipment Market HCAGR (2018 to 2022) | 5.4% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
According to market research experts at FMI, the size of the fiber optic tools market accounted for US$ 702.2 million in 2018 to US$ 865.1 million in 2022.
The adoption of fiber optics is expanding as wireless technology is increasingly adopted in many end-user sectors. One of the key industry trends gaining pace in the fiber optic test equipment market over the next few years is going to involve the expanded adoption of fiber optic test equipment as a result of the increasing acceptance of wireless technologies.
The importance of fiber optic tools for various network mediums has increased in inspection, on-site troubleshooting of network systems, as well as research and development stages across the industrial sector, as the telecommunications industry across the world accelerates its shift towards fiber optic cables to achieve high-speed data transfer.
End users now have the chance to learn about and rediscover the advantages of the digital ecosystem thanks to the pandemic. Setting up resilient cabling and network infrastructure is essential for end users if they want to take full advantage of this connectivity.
As connectivity speeds increase, cable performance becomes more important to maintain link quality, paving the way for diverse fiber optic cable types.
Over the next few years, numerous fiber optic tools businesses are likely to investigate innovative fiber optic solutions, including prospects in the maritime and healthcare industries.
Going forward, governments around the world are implementing programs like smart city projects with fiber optic networks to ensure the smooth flow of Internet of Things (IoT) technology.
As long as the existing trends driving the current spike in fiber optics continue, the global fiber optic test equipment market is to be a massive market equipped with several opportunities in the future years.
Principal Consultant
Long-term evolution (LTE) network penetration and fixed broadband subscription growth have accelerated recently, and fiber optic tools market trends are expected to continue thriving during the forecast period.
Customers' lifestyles have changed dramatically as a result of COVID-19, leading them to depend more and more on ICT (information and communication technology) connectivity.
The deployment and development of 5G wireless communication have been made possible by fiber optics. Heavyweights in the telecom industry rely on the millions of miles of cutting-edge fiber optic cables that connect 5G devices all over the world.
| Category | By Equipment Type |
|---|---|
| Sub-Category | Optical Time Domain Reflectometers |
| Market Value | 35.7% |
Optical time domain reflectometers (OTDR testers) might continue to be a key source of revenue for market players since they are commercially available for use over the full wavelength range.
The performance of fiber plants is also maintained using an OTDR tester, which offers sophisticated diagnostics to identify the point of failure that could impair network operation.
Smart cities, smart homes, and smart grid development are resulting in the production of massive amounts of data, which has prompted the demand for data centers to monitor and handle this data. As one of the main growth drivers for OTDR testers, this is boosting expenditures in data centers.
Due to their relatively higher accuracy in optical power meter (OPM) readings, OTDRs maintain their dominance in the fiber optic test equipment market. Around 35% of the fiber optic testing equipment market stack is currently captured by these products, and through 2033, the number is likely to advance at a potent CAGR.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
| Country | China |
|---|---|
| Market CAGR | 8.0% |
| Country | India |
|---|---|
| Market CAGR | 10.7% |
| Country | United Kingdom |
|---|---|
| Market CAGR | 4.8% |
With fiber optic test equipment sales and fiber optic tools market activity focused in the United States, North America currently holds a significant revenue share in the global fiber optic testing equipment market.
As a significant step towards the internet utopia, San Francisco has pledged to connect its whole city's fiber optic network infrastructure. Facebook and Google may be able to connect quickly and securely with data centers in Asia and explore future markets thanks to the Pacific Light Cable Network's decision to run 8,000 miles (12,875 km) of undersea fiber optic cable types from Los Angeles to Hong Kong.
The pandemic situation has highlighted how crucial it is for Americans to have access to a fast, affordable internet connection. In the nation, demand for broadband internet connection has skyrocketed to new heights.
While North America presently leads the global fiber optic test equipment market, FMI predicts that the region may lose ground to East Asia in the next years. The increase in data centers in the region is increasing the fiber optic test equipment demand.
| Country | United States |
|---|---|
| Market Share | 21.2% |
| Country | Germany |
|---|---|
| Market Share | 4.9% |
| Country | Japan |
|---|---|
| Market Share | 3.0% |
| Country | Australia |
|---|---|
| Market Share | 3.4% |
The fiber optic tester market in South Asia and Pacific (SAP) is to experience significant expansion in the next years.
The Indian government has launched the undersea optical fiber cable (OFC) connecting Chennai and Port Blair, allowing for the supply of high-speed and more dependable landline and mobile telecommunication services to islands, as in the rest of the country.
By including distinctive characteristics with their products, fiber optic test equipment manufacturers are placing a higher priority on product development. The fiber optic test equipment manufacturers are making significant investments in providing customers with a wide range of technology for uses such as field monitoring, measurement, and maintenance.
For instance,
Product Development
The market is valued at US$ 923 million In 2023.
The market is estimated to reach US$ 1,779.9 million by 2033.
The growth potential of the fiber optic test equipment market is 6.8% CAGR through 2033.
Viavi Solutions, EXFO, and National Instruments are the key manufacturers.
The market registered a 5.4% CAGR from 2018 to 2022.
1. Executive Summary | Fiber Optic Test Equipment Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Equipment Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Equipment Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Equipment Type, 2023 to 2033
5.3.1. Optical Light Sources
5.3.2. Optical Power & Loss Meters
5.3.3. Remote Fiber Test Systems
5.3.4. Optical Time Domain Reflectometers
5.3.5. Optical Spectrum Analysers
5.3.6. Other Test Equipment
5.4. Y-o-Y Growth Trend Analysis By Equipment Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Equipment Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Portability Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Portability Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Portability Type, 2023 to 2033
6.3.1. Handheld/Portable
6.3.2. Bench-top
6.4. Y-o-Y Growth Trend Analysis By Portability Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Portability Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End use
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By End use, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End use, 2023 to 2033
7.3.1. Telecommunication Service Providers
7.3.2. Network Equipment Manufacturers
7.3.3. Data Centres
7.3.4. Cable Operator
7.3.5. Educational & Research Institutes
7.3.6. Others
7.4. Y-o-Y Growth Trend Analysis By End use, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By End use, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. South Asia
8.3.5. East Asia
8.3.6. Oceania
8.3.7. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Equipment Type
9.2.3. By Portability Type
9.2.4. By End use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Equipment Type
9.3.3. By Portability Type
9.3.4. By End use
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Equipment Type
10.2.3. By Portability Type
10.2.4. By End use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Equipment Type
10.3.3. By Portability Type
10.3.4. By End use
10.4. Key Takeaways
11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. United kingdom
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Equipment Type
11.2.3. By Portability Type
11.2.4. By End use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Equipment Type
11.3.3. By Portability Type
11.3.4. By End use
11.4. Key Takeaways
12. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Malaysia
12.2.1.3. Singapore
12.2.1.4. Thailand
12.2.1.5. Rest of South Asia
12.2.2. By Equipment Type
12.2.3. By Portability Type
12.2.4. By End use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Equipment Type
12.3.3. By Portability Type
12.3.4. By End use
12.4. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Equipment Type
13.2.3. By Portability Type
13.2.4. By End use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Equipment Type
13.3.3. By Portability Type
13.3.4. By End use
13.4. Key Takeaways
14. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. Australia
14.2.1.2. New Zealand
14.2.2. By Equipment Type
14.2.3. By Portability Type
14.2.4. By End use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Equipment Type
14.3.3. By Portability Type
14.3.4. By End use
14.4. Key Takeaways
15. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Equipment Type
15.2.3. By Portability Type
15.2.4. By End use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Equipment Type
15.3.3. By Portability Type
15.3.4. By End use
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2022
16.1.2.1. By Equipment Type
16.1.2.2. By Portability Type
16.1.2.3. By End use
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2022
16.2.2.1. By Equipment Type
16.2.2.2. By Portability Type
16.2.2.3. By End use
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2022
16.3.2.1. By Equipment Type
16.3.2.2. By Portability Type
16.3.2.3. By End use
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2022
16.4.2.1. By Equipment Type
16.4.2.2. By Portability Type
16.4.2.3. By End use
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2022
16.5.2.1. By Equipment Type
16.5.2.2. By Portability Type
16.5.2.3. By End use
16.6. United kingdom
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2022
16.6.2.1. By Equipment Type
16.6.2.2. By Portability Type
16.6.2.3. By End use
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2022
16.7.2.1. By Equipment Type
16.7.2.2. By Portability Type
16.7.2.3. By End use
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2022
16.8.2.1. By Equipment Type
16.8.2.2. By Portability Type
16.8.2.3. By End use
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2022
16.9.2.1. By Equipment Type
16.9.2.2. By Portability Type
16.9.2.3. By End use
16.10. India
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2022
16.10.2.1. By Equipment Type
16.10.2.2. By Portability Type
16.10.2.3. By End use
16.11. Malaysia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2022
16.11.2.1. By Equipment Type
16.11.2.2. By Portability Type
16.11.2.3. By End use
16.12. Singapore
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2022
16.12.2.1. By Equipment Type
16.12.2.2. By Portability Type
16.12.2.3. By End use
16.13. Thailand
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2022
16.13.2.1. By Equipment Type
16.13.2.2. By Portability Type
16.13.2.3. By End use
16.14. China
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2022
16.14.2.1. By Equipment Type
16.14.2.2. By Portability Type
16.14.2.3. By End use
16.15. Japan
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2022
16.15.2.1. By Equipment Type
16.15.2.2. By Portability Type
16.15.2.3. By End use
16.16. South Korea
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2022
16.16.2.1. By Equipment Type
16.16.2.2. By Portability Type
16.16.2.3. By End use
16.17. Australia
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2022
16.17.2.1. By Equipment Type
16.17.2.2. By Portability Type
16.17.2.3. By End use
16.18. New Zealand
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2022
16.18.2.1. By Equipment Type
16.18.2.2. By Portability Type
16.18.2.3. By End use
16.19. GCC Countries
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2022
16.19.2.1. By Equipment Type
16.19.2.2. By Portability Type
16.19.2.3. By End use
16.20. South Africa
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2022
16.20.2.1. By Equipment Type
16.20.2.2. By Portability Type
16.20.2.3. By End use
16.21. Israel
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2022
16.21.2.1. By Equipment Type
16.21.2.2. By Portability Type
16.21.2.3. By End use
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Equipment Type
17.3.3. By Portability Type
17.3.4. By End use
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Fluke Corporation
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.2. Yokogawa Electric
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.3. VIAVI Solutions Inc.
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.4. Anritsu
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.5. EXFO Inc.
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.6. Kingfisher International Pty Ltd
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.7. Extron Electronics
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.8. VeEX Inc.
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.9. Canford Audio PLC
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.10. Terahertz Technologies Inc
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
Explore Testing Equipment Insights
View Reports
Fiber Optic Test Equipment Market
