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Market and technology trends for optical time-domain reflectometers (OTDRs)
The Optical Time Domain Reflectometer (OTDR) market has been experiencing significant growth and development over the past two years, driven by the increasing demand for high-speed internet, expansion of fibre optic networks, and the rollout of 5G technology. Market research reports paint a promising picture for the industry, with projections indicating substantial growth in the coming years. Technavio forecasts the OTDR market size to increase by USD 75.4 million between 2023 and 2028, with a compound annual growth rate (CAGR) of 5.22%, while Market Research Future predicts even more impressive growth, projecting the market to reach USD 3.2 billion by 2032, with a CAGR of 7.17%.
Several key factors are contributing to this growth, including the increasing demand for tier-2 certification standards in telecommunications networks, the facilitation of 5G networks through Radio Over Fiber (RoF) technology, and the growing market for rental test equipment. The adoption of Radio Frequency Over Fibre (RFOF) technology and the expansion of fibre optic networks in various industries, such as telecommunications, cable TV, military, and aerospace, are also playing significant roles in driving market growth. A typical hand-held OTDR for testing optical fibre networks …
