The purpose of the report is to illustrate the state of the market of Specialty Fats and Oils, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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The overall wavelength division multiplexer market is set to demonstrate promising growth of 11.0% across the forecast period, primarily due to swiftly growing Internet traffic worldwide. In recent years explosive growth in Internet activities such as multimedia communications & networking, paved an ever-rising demand for network capacity, bandwidth and transmission rates. Development of optical networks and use of wavelength division multiplexing (WDM) technology enables organizations to cater dynamic demands of customers with enhanced capacity of fiber optics. WDM is advanced technology that multiplexes multiple optical signals onto a single fiber by using different colors of light or wavelengths. Conventional fiber optics multiplex 80-100 channels on a single fiber, whereas new advancement in multiplexing technology known as WDM technology increases these numbers even higher by multiple times. With constant penetration of Internet services, additional Internet bandwidth demand estimated to remain the most prominent factor responsible for WDM market growth across the worldwide.
The overall WDM market segmented based on multiplexer type and end-use. By multiplexer type, market led by Dense Wavelength Division Multiplexer (DWDM) accounting for over 50% of the total market value. This is mainly due to ease of DWDM technology to integrate with equipment in the network, along with gaining access to untouched capacity of rooted fiber. Asia Pacific was the largest market for WDM technology in 2017. Region accounted for over 1/3rd of the overall market value produced worldwide. Asia Pacific is also set to demonstrate the highest growth across the forecast period, mainly due to rapidly growing fiber optics network in South Korea, China and Japan.
WDM market primarily supported by the organizations having heavy reliance over Internet connectivity. Presently, optical fibers possess ability to carry information about hundred times faster than was possible just five years ago, such radical competence achieved with advanced technology such as WDM technology. WDM technology networks believed to be significantly beneficial for enterprises requiring high volume of data streaming across their overall operation. These benefits include reduced network latency, advanced capability & reliability for data transfer. Realizing potential of WDM technology, long-distance data carriers such as MCI, Inc., AT&T Inc. and others evade laying expensive new cables, instead they simply pump additional wavelengths with existing fibers. With continually rising volume of data transfer worldwide, WDM technology is set to witness higher demand in the following years.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Specialty Fats and Oils buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Wavelength Division Multiplexers (WDM) contains:
Analysis and forecast of Specialty Fats and Oils market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Specialty Fats and Oils market;
Assessment and forecast of Specialty Fats and Oils market development;
Financial and business profiles of the leading companies in the Specialty Fats and Oils industry.
– Up to date working Specialty Fats and Oils data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Specialty Fats and Oils for the period 2018 to 2026
– Planned Specialty Fats and Oils additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Specialty Fats and Oils projects by region, key countries, and companies
– Details of major planned Specialty Fats and Oils projects in the world up to 2026
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