Market Insight-Global MPO Connector-Based Cables Market Overview 2024
Global MPO Connector-Based Cable Market Was Valued at USD 1644.64 Million in 2023 and is Expected to Reach USD 4535.88 Million by the End of 2032, Growing at a CAGR of 12.11% Between 2024 and 2032.– Bossonresearch.com
MPO Connector-Based Cable refers to a type of high-density fiber optic cable that uses a Multi-Fiber Push-On (MPO) connector. This connector is specifically designed to support multiple optical fibers within a single interface, enabling high-performance data transmission in compact spaces. MPO connectors are widely used in modern telecommunications, data centers, and enterprise networks to facilitate high-speed communication and scalability.
The global MPO Connector-Based Cable market was valued at USD 1644.64 million in 2023 and is expected to reach USD 4535.88 million by the end of 2032, growing at a CAGR of 12.11% between 2023 and 2032. The demand for MPO connector-based cables has been steadily increasing due to several key drivers influencing the global market. These drivers include the surge in data consumption, rapid advancements in telecommunications infrastructure, and the growing adoption of high-performance computing and cloud services.
Figure Global MPO Connector-Based Cable Market Size (M USD)
Source: Bossonresearch.com, 2024
Driving Factors
The expansion of 5G networks is a crucial driver for the market. 5G technology requires robust fiber-optic backhaul infrastructure to support its high-speed and low-latency requirements. MPO connector-based cables are ideal for 5G deployments due to their scalability and ability to handle high-density fiber connections. As governments and private players invest in rolling out 5G networks globally, the demand for MPO solutions is anticipated to witness significant growth.
Moreover, the increasing adoption of cloud-based services and edge computing has heightened the need for flexible and scalable networking solutions. Cloud service providers require high-speed interconnects between servers, storage devices, and other components within their data centers. MPO cables, known for their compact design and ability to manage high data rates, play a critical role in enabling these connections. The trend toward decentralized computing, where data is processed closer to the source (edge computing), further amplifies the demand for high-performance cabling solutions.
The drive for energy-efficient and sustainable data center solutions is also fostering the adoption of MPO connector-based cables. By minimizing cabling complexity and optimizing space utilization, these cables contribute to reducing power consumption and cooling requirements in high-density environments. As companies strive to meet sustainability goals, the preference for MPO solutions is expected to grow.
Lastly, the market is propelled by technological advancements and innovations in fiber optics. The evolution of MPO connectors, including the introduction of low-loss MPO and MTP® connectors, has significantly enhanced performance metrics, such as insertion loss and return loss. These advancements have made MPO cables more reliable and efficient, encouraging their adoption in critical applications across industries.
Global MPO Connector-Based Cable Market: Competitive Landscape
The global MPO Connector-Based Cable market is moderately concentrated, with the top five manufacturers (CR5) accounting for 23.42% in 2023 and expected to decline slightly to 23.08% in 2024. HHI is 1.21% in 2023 and is expected to be 1.09% in 2024, which means that the market is in a very fierce competition. The main players in the MPO cable market include Panduit, CommScope, Molex, Amphenol, Corning, AFL, Sumitomo Electric, Eaton, T&S Communications, WCFO Global, Belden, Siemon, FS.COM, Huber+Suhner AG, Fujikura (Remove AFL), Shenzhen Zesum Technology (FSG), Infinite Electronics International, Inc, Furukawa Electric, Suzhou Agix, Norden, Vlink, Rosenberger, Cables To Go, LongXing, METZ CONNECT GmbH, EFB-Elektronik GmbH, Nexconec, ICC, CP Technologies, Complete Connect.
Key players in the MPO Connector-Based Cable Market include:
CommScope
Molex
Amphenol
Corning
AFL
Sumitomo Electric
Eaton
T&S Communications
WCFO Global
Belden
Siemon
FS.COM
Huber+Suhner AG
Fujikura (Remove AFL)
Shenzhen Zesum Technology (FSG)
Infinite Electronics International, Inc
Furukawa Electric
Suzhou Agix
Norden
Vlink
Rosenberger
Cables To Go
LongXing
METZ CONNECT GmbH
EFB-Elektronik GmbH
Nexconec
ICC
CP Technologies
Complete Connect
Others
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