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Optical Fiber Fusion Splicer-Global Market Insights and Sales Trends 2024
Synopsis
An Optical Fiber Fusion Splicer a splicing machine used for splicing two optical fibers end-to-end by fusion. The source of heat is usually an electric arc, but can also be a laser, or a gas flame, or a tungsten filament through which current is passed. Currently, there are two aligning systems used for fusion splicer which are Core alignment system and cladding alignment system.
The global Optical Fiber Fusion Splicer market size is expected to reach US$ 918.1 million by 2029, growing at a CAGR of 8.3% from 2023 to 2029. The market is mainly driven by the significant applications of Optical Fiber Fusion Splicer in various end use industries. The expanding demands from the CATV, Telecom, Premises& Enterprise and Others, are propelling Optical Fiber Fusion Splicer market. Single Fiber Fusion Splicer, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ribbon and Special Fiber Fusion Splicer segment is estimated at % CAGR for the next seven-year period.
The major players in global Optical Fiber Fusion Splicer market include Fujikura, SEI, Furukawn, etc. The top 3 players occupy about 65% shares of the global market. Asia-Pacific and North America are main markets, they occupy about 70% of the global market. Single Fiber Fusion Splicer is the main type, with a share about 70%. Telecom is the main application, which holds a share about 60%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Optical Fiber Fusion Splicer, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Optical Fiber Fusion Splicer market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Optical Fiber Fusion Splicer market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Optical Fiber Fusion Splicer sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Optical Fiber Fusion Splicer covered in this report include Fujikura, SEI, Furukawa, INNO Instruments, UCL Swift, CECT, Nanjing JILONG, Nanjing DVP and Darkhorse, etc.
The global Optical Fiber Fusion Splicer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Fujikura
SEI
Furukawa
INNO Instruments
UCL Swift
CECT
Nanjing JILONG
Nanjing DVP
Darkhorse
Beijing ShinewayTech
SkyCOME
Signal
Xianghe
Global Optical Fiber Fusion Splicer market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Optical Fiber Fusion Splicer market, Segment by Type:
Single Fiber Fusion Splicer
Ribbon and Special Fiber Fusion Splicer
Global Optical Fiber Fusion Splicer market, by Application
CATV
Telecom
Premises& Enterprise
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Optical Fiber Fusion Splicer manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Optical Fiber Fusion Splicer in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
An Optical Fiber Fusion Splicer a splicing machine used for splicing two optical fibers end-to-end by fusion. The source of heat is usually an electric arc, but can also be a laser, or a gas flame, or a tungsten filament through which current is passed. Currently, there are two aligning systems used for fusion splicer which are Core alignment system and cladding alignment system.
The global Optical Fiber Fusion Splicer market size is expected to reach US$ 918.1 million by 2029, growing at a CAGR of 8.3% from 2023 to 2029. The market is mainly driven by the significant applications of Optical Fiber Fusion Splicer in various end use industries. The expanding demands from the CATV, Telecom, Premises& Enterprise and Others, are propelling Optical Fiber Fusion Splicer market. Single Fiber Fusion Splicer, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ribbon and Special Fiber Fusion Splicer segment is estimated at % CAGR for the next seven-year period.
The major players in global Optical Fiber Fusion Splicer market include Fujikura, SEI, Furukawn, etc. The top 3 players occupy about 65% shares of the global market. Asia-Pacific and North America are main markets, they occupy about 70% of the global market. Single Fiber Fusion Splicer is the main type, with a share about 70%. Telecom is the main application, which holds a share about 60%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Optical Fiber Fusion Splicer, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Optical Fiber Fusion Splicer market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Optical Fiber Fusion Splicer market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Optical Fiber Fusion Splicer sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Optical Fiber Fusion Splicer covered in this report include Fujikura, SEI, Furukawa, INNO Instruments, UCL Swift, CECT, Nanjing JILONG, Nanjing DVP and Darkhorse, etc.
The global Optical Fiber Fusion Splicer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Fujikura
SEI
Furukawa
INNO Instruments
UCL Swift
CECT
Nanjing JILONG
Nanjing DVP
Darkhorse
Beijing ShinewayTech
SkyCOME
Signal
Xianghe
Global Optical Fiber Fusion Splicer market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Optical Fiber Fusion Splicer market, Segment by Type:
Single Fiber Fusion Splicer
Ribbon and Special Fiber Fusion Splicer
Global Optical Fiber Fusion Splicer market, by Application
CATV
Telecom
Premises& Enterprise
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Optical Fiber Fusion Splicer manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Optical Fiber Fusion Splicer in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Optical Fiber Fusion Splicer Market Overview
1.1 Optical Fiber Fusion Splicer Product Overview
1.2 Optical Fiber Fusion Splicer Market Segment by Type
1.2.1 Single Fiber Fusion Splicer
1.2.2 Ribbon and Special Fiber Fusion Splicer
1.3 Global Optical Fiber Fusion Splicer Market Size by Type
1.3.1 Global Optical Fiber Fusion Splicer Market Size Overview by Type (2018-2029)
1.3.2 Global Optical Fiber Fusion Splicer Historic Market Size Review by Type (2018-2023)
1.3.3 Global Optical Fiber Fusion Splicer Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Optical Fiber Fusion Splicer Sales Breakdown by Type (2018-2023)
1.4.2 Europe Optical Fiber Fusion Splicer Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Optical Fiber Fusion Splicer Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Optical Fiber Fusion Splicer Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Optical Fiber Fusion Splicer Sales Breakdown by Type (2018-2023)
2 Global Optical Fiber Fusion Splicer Market Competition by Company
2.1 Global Top Players by Optical Fiber Fusion Splicer Sales (2018-2023)
2.2 Global Top Players by Optical Fiber Fusion Splicer Revenue (2018-2023)
2.3 Global Top Players by Optical Fiber Fusion Splicer Price (2018-2023)
2.4 Global Top Manufacturers Optical Fiber Fusion Splicer Manufacturing Base Distribution, Sales Area, Product Type
2.5 Optical Fiber Fusion Splicer Market Competitive Situation and Trends
2.5.1 Optical Fiber Fusion Splicer Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Optical Fiber Fusion Splicer Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Optical Fiber Fusion Splicer as of 2022)
2.7 Date of Key Manufacturers Enter into Optical Fiber Fusion Splicer Market
2.8 Key Manufacturers Optical Fiber Fusion Splicer Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Optical Fiber Fusion Splicer Status and Outlook by Region
3.1 Global Optical Fiber Fusion Splicer Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Optical Fiber Fusion Splicer Historic Market Size by Region
3.2.1 Global Optical Fiber Fusion Splicer Sales in Volume by Region (2018-2023)
3.2.2 Global Optical Fiber Fusion Splicer Sales in Value by Region (2018-2023)
3.2.3 Global Optical Fiber Fusion Splicer Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Optical Fiber Fusion Splicer Forecasted Market Size by Region
3.3.1 Global Optical Fiber Fusion Splicer Sales in Volume by Region (2024-2029)
3.3.2 Global Optical Fiber Fusion Splicer Sales in Value by Region (2024-2029)
3.3.3 Global Optical Fiber Fusion Splicer Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Optical Fiber Fusion Splicer by Application
4.1 Optical Fiber Fusion Splicer Market Segment by Application
4.1.1 CATV
4.1.2 Telecom
4.1.3 Premises& Enterprise
4.1.4 Others
4.2 Global Optical Fiber Fusion Splicer Market Size by Application
4.2.1 Global Optical Fiber Fusion Splicer Market Size Overview by Application (2018-2029)
4.2.2 Global Optical Fiber Fusion Splicer Historic Market Size Review by Application (2018-2023)
4.2.3 Global Optical Fiber Fusion Splicer Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Optical Fiber Fusion Splicer Sales Breakdown by Application (2018-2023)
4.3.2 Europe Optical Fiber Fusion Splicer Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Optical Fiber Fusion Splicer Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Optical Fiber Fusion Splicer Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Optical Fiber Fusion Splicer Sales Breakdown by Application (2018-2023)
5 North America Optical Fiber Fusion Splicer by Country
5.1 North America Optical Fiber Fusion Splicer Historic Market Size by Country
5.1.1 North America Optical Fiber Fusion Splicer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Optical Fiber Fusion Splicer Sales in Volume by Country (2018-2023)
5.1.3 North America Optical Fiber Fusion Splicer Sales in Value by Country (2018-2023)
5.2 North America Optical Fiber Fusion Splicer Forecasted Market Size by Country
5.2.1 North America Optical Fiber Fusion Splicer Sales in Volume by Country (2024-2029)
5.2.2 North America Optical Fiber Fusion Splicer Sales in Value by Country (2024-2029)
6 Europe Optical Fiber Fusion Splicer by Country
6.1 Europe Optical Fiber Fusion Splicer Historic Market Size by Country
6.1.1 Europe Optical Fiber Fusion Splicer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Optical Fiber Fusion Splicer Sales in Volume by Country (2018-2023)
6.1.3 Europe Optical Fiber Fusion Splicer Sales in Value by Country (2018-2023)
6.2 Europe Optical Fiber Fusion Splicer Forecasted Market Size by Country
6.2.1 Europe Optical Fiber Fusion Splicer Sales in Volume by Country (2024-2029)
6.2.2 Europe Optical Fiber Fusion Splicer Sales in Value by Country (2024-2029)
7 Asia-Pacific Optical Fiber Fusion Splicer by Region
7.1 Asia-Pacific Optical Fiber Fusion Splicer Historic Market Size by Region
7.1.1 Asia-Pacific Optical Fiber Fusion Splicer Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Optical Fiber Fusion Splicer Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Optical Fiber Fusion Splicer Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Optical Fiber Fusion Splicer Forecasted Market Size by Region
7.2.1 Asia-Pacific Optical Fiber Fusion Splicer Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Optical Fiber Fusion Splicer Sales in Value by Region (2024-2029)
8 Latin America Optical Fiber Fusion Splicer by Country
8.1 Latin America Optical Fiber Fusion Splicer Historic Market Size by Country
8.1.1 Latin America Optical Fiber Fusion Splicer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Optical Fiber Fusion Splicer Sales in Volume by Country (2018-2023)
8.1.3 Latin America Optical Fiber Fusion Splicer Sales in Value by Country (2018-2023)
8.2 Latin America Optical Fiber Fusion Splicer Forecasted Market Size by Country
8.2.1 Latin America Optical Fiber Fusion Splicer Sales in Volume by Country (2024-2029)
8.2.2 Latin America Optical Fiber Fusion Splicer Sales in Value by Country (2024-2029)
9 Middle East and Africa Optical Fiber Fusion Splicer by Country
9.1 Middle East and Africa Optical Fiber Fusion Splicer Historic Market Size by Country
9.1.1 Middle East and Africa Optical Fiber Fusion Splicer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Optical Fiber Fusion Splicer Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Optical Fiber Fusion Splicer Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Optical Fiber Fusion Splicer Forecasted Market Size by Country
9.2.1 Middle East and Africa Optical Fiber Fusion Splicer Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Optical Fiber Fusion Splicer Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Fujikura
10.1.1 Fujikura Company Information
10.1.2 Fujikura Introduction and Business Overview
10.1.3 Fujikura Optical Fiber Fusion Splicer Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Fujikura Optical Fiber Fusion Splicer Products Offered
10.1.5 Fujikura Recent Development
10.2 SEI
10.2.1 SEI Company Information
10.2.2 SEI Introduction and Business Overview
10.2.3 SEI Optical Fiber Fusion Splicer Sales, Revenue and Gross Margin (2018-2023)
10.2.4 SEI Optical Fiber Fusion Splicer Products Offered
10.2.5 SEI Recent Development
10.3 Furukawa
10.3.1 Furukawa Company Information
10.3.2 Furukawa Introduction and Business Overview
10.3.3 Furukawa Optical Fiber Fusion Splicer Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Furukawa Optical Fiber Fusion Splicer Products Offered
10.3.5 Furukawa Recent Development
10.4 INNO Instruments
10.4.1 INNO Instruments Company Information
10.4.2 INNO Instruments Introduction and Business Overview
10.4.3 INNO Instruments Optical Fiber Fusion Splicer Sales, Revenue and Gross Margin (2018-2023)
10.4.4 INNO Instruments Optical Fiber Fusion Splicer Products Offered
10.4.5 INNO Instruments Recent Development
10.5 UCL Swift
10.5.1 UCL Swift Company Information
10.5.2 UCL Swift Introduction and Business Overview
10.5.3 UCL Swift Optical Fiber Fusion Splicer Sales, Revenue and Gross Margin (2018-2023)
10.5.4 UCL Swift Optical Fiber Fusion Splicer Products Offered
10.5.5 UCL Swift Recent Development
10.6 CECT
10.6.1 CECT Company Information
10.6.2 CECT Introduction and Business Overview
10.6.3 CECT Optical Fiber Fusion Splicer Sales, Revenue and Gross Margin (2018-2023)
10.6.4 CECT Optical Fiber Fusion Splicer Products Offered
10.6.5 CECT Recent Development
10.7 Nanjing JILONG
10.7.1 Nanjing JILONG Company Information
10.7.2 Nanjing JILONG Introduction and Business Overview
10.7.3 Nanjing JILONG Optical Fiber Fusion Splicer Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Nanjing JILONG Optical Fiber Fusion Splicer Products Offered
10.7.5 Nanjing JILONG Recent Development
10.8 Nanjing DVP
10.8.1 Nanjing DVP Company Information
10.8.2 Nanjing DVP Introduction and Business Overview
10.8.3 Nanjing DVP Optical Fiber Fusion Splicer Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Nanjing DVP Optical Fiber Fusion Splicer Products Offered
10.8.5 Nanjing DVP Recent Development
10.9 Darkhorse
10.9.1 Darkhorse Company Information
10.9.2 Darkhorse Introduction and Business Overview
10.9.3 Darkhorse Optical Fiber Fusion Splicer Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Darkhorse Optical Fiber Fusion Splicer Products Offered
10.9.5 Darkhorse Recent Development
10.10 Beijing ShinewayTech
10.10.1 Beijing ShinewayTech Company Information
10.10.2 Beijing ShinewayTech Introduction and Business Overview
10.10.3 Beijing ShinewayTech Optical Fiber Fusion Splicer Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Beijing ShinewayTech Optical Fiber Fusion Splicer Products Offered
10.10.5 Beijing ShinewayTech Recent Development
10.11 SkyCOME
10.11.1 SkyCOME Company Information
10.11.2 SkyCOME Introduction and Business Overview
10.11.3 SkyCOME Optical Fiber Fusion Splicer Sales, Revenue and Gross Margin (2018-2023)
10.11.4 SkyCOME Optical Fiber Fusion Splicer Products Offered
10.11.5 SkyCOME Recent Development
10.12 Signal
10.12.1 Signal Company Information
10.12.2 Signal Introduction and Business Overview
10.12.3 Signal Optical Fiber Fusion Splicer Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Signal Optical Fiber Fusion Splicer Products Offered
10.12.5 Signal Recent Development
10.13 Xianghe
10.13.1 Xianghe Company Information
10.13.2 Xianghe Introduction and Business Overview
10.13.3 Xianghe Optical Fiber Fusion Splicer Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Xianghe Optical Fiber Fusion Splicer Products Offered
10.13.5 Xianghe Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Optical Fiber Fusion Splicer Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Optical Fiber Fusion Splicer Industrial Chain Analysis
11.4 Optical Fiber Fusion Splicer Market Dynamics
11.4.1 Optical Fiber Fusion Splicer Industry Trends
11.4.2 Optical Fiber Fusion Splicer Market Drivers
11.4.3 Optical Fiber Fusion Splicer Market Challenges
11.4.4 Optical Fiber Fusion Splicer Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Optical Fiber Fusion Splicer Distributors
12.3 Optical Fiber Fusion Splicer Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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