Fusion Splicer market set to grow to over $1212.5 million by 2032

From GlobeNewswire: 2025-07-01 09:00:00

The Fusion Splicer Market was valued at USD 798.3 Million in 2023 and is projected to reach USD 1212.5 Million by 2032, with a CAGR of 4.76% from 2024 to 2032. The growth is driven by the fiber infrastructure boom and 5G rollout, with the U.S. market expected to reach USD 220.34 million by 2032.

Leading market players in the Fusion Splicer market include Fujikura, Sumitomo Electric, Tektronix, Huawei, and Corning, among others. The hardware segment dominated the market in 2023, while the software segment is expected to grow rapidly through 2032, driven by advanced functionalities.

In 2023, the core alignment segment held the largest share of the Fusion Splicer market, while the cladding alignment segment is projected to grow fastest from 2024 to 2032. The telecommunications segment led the market in 2023, with cable TV and enterprise segments projected to grow significantly from 2024 to 2032.

North America led the Fusion Splicer market in 2023, while the Asia-Pacific region is expected to witness the fastest growth from 2024 to 2032. The region’s growth is driven by strong telecom infrastructure build-out and increasing demand for high-speed internet and 5G deployment.

Recent developments include Fujikura launching the advanced 45S Fusion Splicer and Sumitomo Electric signing an agreement with 3M to offer EBO fiber interconnects. SNS Insider is a leading market research and consulting agency that provides clients with accurate market data and insights to make informed decisions.



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