Market Research Report
Fiber Optics - Global Market Outlook (2018-2027)
|Published by||Stratistics Market Research Consulting||Product code||939041|
|Published||Content info||181 Pages
Delivery time: 2-3 business days
|Fiber Optics - Global Market Outlook (2018-2027)|
|Published: April 1, 2020||Content info: 181 Pages||
According to Stratistics MRC, the Global Fiber Optics Market is accounted for $3.91 billion in 2018 and is expected to reach $10.84 billion by 2027 growing at a CAGR of 12.0% during the forecast period. Increasing demand for the internet, growing need for Fttx and growth in the telecom industry are the major factors driving the market growth. However, high initial acquisition and installation costs are restraining market growth.
Fiber optics is one of the methods of transmitting data that works by sending pulses of light through an optical fiber. The light transmitted then forms an electromagnetic carrier wave balanced to convey data. Fiber optics cable is utilized mostly for digital transmission of information and is increasingly being used because of its efficiency and high transmission capacity. Fiber optic cables are utilized commonly when high bandwidth, long-distance, or immunity from external or internal interferences is required.
Based on the optical fiber type, the glass segment is likely to have a huge demand due to high performance, easy availability of glass fiber optics and increasing demand from various applications. By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to the technological advancements, large-scale adoption of the technology in IT and Telecommunication as well as administrative sector and the increasing application of fiber optics in the medical sector across the countries, such as China, Japan, and India.
Some of the key players profiled in the Fiber Optics Market include Corning Inc., The Prysmian Group, Sterlite Technologies Ltd, Leoni AG, Hitachi Cable Ltd, AFL Telecommunications LLC, Yangtze Optical Fiber and Cable Co Ltd (YOFC), Optical Cable Corporation, Finolex Cables Limited, FiberHome, Jiangsu Etern, Futong, Fujikura, Sumitomo, Tongding, CommScope, General Cable, Belden, Fasten and Furukawa.
Index Types Covered:
Cable Types Covered:
Optical Fiber Types Covered:
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Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.