Market Overview:
Fiber converters converts the signal from copper based Ethernet equipment to optical fiber cable. The optical fiber cable includes multimode, single mode and single strand cable. The Fiber converters are used for extending Ethernet link for large distances as the Ethernet connection is limited to 100 meters. In addition to this, it provides protection of data from noise and interference and provides an additional bandwidth. Moreover, the data which is transmitted through fiber optic is immune to noise. The fiber converters are also used in the places where the level of electromagnetic interference is high. These factors are increasing the demand for fiber converters.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Siemens (Germany), Red Lion Controls (United States), Weidmüller (Germany), Hirschmann (United States), Phoenix (India), Advantech (Taiwan), Moxa (United States), Kyland (China), Oring (Taiwan) and EtherWAN (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Fiber Converter Market Study:
Siemens (Germany), Red Lion Controls (United States), Weidmüller (Germany), Hirschmann (United States), Phoenix (India), Advantech (Taiwan), Moxa (United States), Kyland (China), Oring (Taiwan) and EtherWAN (United States)
Fiber Converter Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | IP Security, Factory Automation, Transportation Systems, Electric Utility and Others |
Type | Simple converter and Switching converter |
Data Rate | 10/100 Mbps Type,1000Mbps Type,Others |
Distribution Channel | Online,Electronic stores,Hypermarkets |
Influencing Trend:
Technological developments in fiber converter
Market Growth Drivers:
Advanced features of fiber converter is fueling the market growth and Rising need of noise reduction
Challenges:
High demand of market
Restraints:
High costs associated with fiber converter depending on the bit rate
Opportunities:
Growing Usage of optical fiber is creating an opportunity and Increasing implementation of advanced technology in developing economies
Some of the other players that are also part of study are Korenix (Taiwan) and FiberPlex (United States). The Global Fiber Converter market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In August 2020,FS launched a stable, reliable and affordable featured product solution of fiber media converters which includes eight categories of media converters for choice.
In May 2023 Eurotexfilati, founded in 1975, generates medium and High Tenacity synthetic fibbers for various applications in the industrial market as well as for textile purposes. The company is headquartered in Dro, Italy, and has a subsidiary office in Istanbul, Turkey. Eurotexfilati is a converter and distributor of yarns and plays a key role in the value chain of fiber waste recycling.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Fiber Converter market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Fiber Converter market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organizations, Government Agencies and Organizations.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.