Global PLC splitter market demand is expected to be high over
the forecast period on account of increasing developments in IT and
telecommunication industries. PLC stand for planar lightwave circuit and is a
recent technology. Earlier, fiber optic splitters were based on fused biconical
taper (BPT) technology. PLC is a more recent technology where waveguides are
fabricated using lithography and a silica glass substrate. These splitters are
known to offer accurate and even splits with minimum loss.
Development in fiber optics field has transformed different
ways of transmitting data over long distances with minimum loss and are immune
to electromagnetic inferences. Such favorable characteristics are expected to
further enhance market demand in the future. Innovation and technological
advancement have resulted in overall cost reduction and consumer awareness
which in turn is expected to drive industry growth over the forecast period.
Increasing information transmission need with greater
fidelity is expected to drive overall industry demand in the future. PLC
splitting is one of the most popular means of new cabling and upgrades. The
growth of online marketing among the population has resulted in an increase in
internet speed. This technology has played a significant role in achieving this
response time. Rising demand for 3G/4G network globally is expected to augment
industry over the forecast period. Overall industry development has helped
emerging economies including India, Philippines, South Africa, and Brazil to
establish well- developed IT infrastructure and outsourcing sectors.
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Switching existing system (FBT splitter to PLC splitter) is a
time consuming and expensive process. Global organizations are expected to
adopt innovation and invest in technologies in order to cope up with the
development speed and increasing competition. Researchers have recently
developed compact and less complex fabrication processes to attract new
customers. Companies including Alcatel, Fujitsu, Huawei, Cisco and Mitsubishi
are the major exhibitors with latest presentations based on PLC splitters,
optical switches, integrated photonics and gigabit Ethernet.
PLC splitters are expected to explore opportunities
surveillance, standard telephone cables, and sensors application segments.
North America dominated the global industry on account of well-established IT
infrastructure which increases their technology up gradation abilities. The
region is expected to continue its dominance in the future. Asia-Pacific
experienced a steady growth and the regional demand is expected to propel over
the forecast period on account of developments in the telecommunication
industry.
The rise of 3G/4G in India and China coupled with smartphone
market expansion is expected to increase the regional demand for fiber optic
cables in the future which in turn is anticipated to drive the PLC splitter
industry. Europe is expected to show a substantial demand growth over the
forecast period on account of increasing investment initiatives in information
technology market. Africa and South America are expected to observe slow growth
on account of poor technology up gradation facilities. The government of India
has laid emphasis to connect its remote regions using optical fibers so as to
provide high-speed internet. A plan is under discussion to lay undersea optical
fiber cables from Chennai situated on the east coast of India up to Andaman
Island.
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