Global Ceramic Ferrule Market Growth (Status and Outlook) 2019-2024

Ferrule is the most important component of Fiber Connectors and Fiber Patch cord. It could be made of different materials, such as plastics, stainless steel, and ceramic (zirconia). Most of the ferrules used in Fiber Optic Connector are made of ceramic (Zirconia) material due to some of the desirable properties they possess. Ceramic Ferrule include low insertion loss required for optical transmission, remarkable strength, small elasticity coefficient, easy control of product characteristics, and strong resistance to changes in environmental conditions.
The global marketplace is majorly driven by the growing adoption of the fiber optic technology. The increasing preference toward high bandwidth communication and emerging opportunities in the healthcare sector are anticipated to fuel the technology market, alongside the connectors market.
The industry is anticipated to pose promising growth prospects (over the forecast period), which are stemmed by the combination of numerous factors such as growing government funding for telecommunication infrastructure development and investments & research, embarked upon by leading players, for upgrading and enlarging the solicitation frontiers. In addition, the growing awareness of the benefits of the technology is further driving market growth.
The military & aerospace and railway application segments are poised to witness significant growth rates, owing to the increasing adoption of Plastic Optical Fiber (POF) across these application segments. The military utilizes optical connector technology for a wide variety of ground, sea, air, and space solicitations, such as in avionics testing equipment modules and ground support systems in fighter planes.
The ST and LC Ceramic Ferrule segments are expected to witness considerable growth and dominate the market (in terms of growth rates) over the forecast period. However, factors, such as high initial investment, to develop and deploy new fabrication technologies, may pose a challenge to the market demand over the forecast period.
The high penetration rate of the manufacturing sector and the expanding IT & telecommunication sector are strengthening the Asia Pacific regional market. The Asia Pacific region is expected to surface as a leading region (in terms of growth and market size) over the forecast period. The regional market growth can be attributed to the growing adoption of the fiber optic technology in numerous industry verticals, specifically the telecommunications sector.
Governments of technologically-advanced countries, such as the UK, Germany, Japan, the U.S., China, and others, are in a bid to improve their network security infrastructure (on individual and country levels). Fiber optics serves as a medium to cope the increasing bandwidth requirements associated with broadband services, network operators, and broadband connection providers.

According to this study, over the next five years the Ceramic Ferrule market will register a 2.8% CAGR in terms of revenue, the global market size will reach US$ 240 million by 2024, from US$ 210 million in 2019. In particular, this report presents the global revenue market share of key companies in Ceramic Ferrule business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Ceramic Ferrule market by product type, application, key companies and key regions.

This study considers the Ceramic Ferrule value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
SC/FC Ceramic Ferrule
ST Ceramic Ferrule 
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Fiber Optic Connector
Other Active Devices
Other Passive Devices

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Chaozhou Three-Circle
FOXCONN
Adamant
T&S Communications
INTCERA
Kyocera
JC COM
Shenzhen Yida
SEIKOH GIKEN
Thorlabs
Ningbo Yunsheng
LEAD Fiber Optics
Ningbo CXM
Shenzhen WAHLEEN
Huangshi Sunshine
Kunshan Ensure
KSI
Swiss Jewel

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Ceramic Ferrule market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Ceramic Ferrule market by identifying its various subsegments.
Focuses on the key global Ceramic Ferrule players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ceramic Ferrule with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Ceramic Ferrule submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.