Fiber Optics MarketOther 

Global Fiber Optics Market Research Report, 2019: By Market Size, Trends, Demand, Analysis and Forecast up to 2025

Press Release

The Global Fiber Optics Market is projected to witness significant growth over the forecast period. The increasing demand for optical communication and sensing applications for diverse purposes provides avenues for industry growth. The growing importance of cloud computing, data transfer & storage, and IoT is driving the use of the Internet. Fiber optics acts as the spine of the Internet, an optical fiber cable is used as the medium for transmitting information from one point to another. Moreover, the increasing demand for cost-effective, power-efficient, and high-level integration of IT infrastructure is expected to drive demand for optic fiber in the coming years.

Fiber optics aids high-speed data transfer services in both slight and long-range communications. Furthermore, the increasing cloud-based applications, audio-video services, and Video-on-Demand (VoD) service further stimulate the demand for fiber optic installations. The demand has increased as both commercial and personal use of technology has grown highly used to the instant nature of connectivity. The growing adoption of technology in communication and data transmission services will fuel the market.

Get PDF Sample of this Research [email protected]     

Global Fiber Optics Market Competitive Landscape

Companies such as Corning Incorporated, Optical Cable Corporation (OCC), Sterlite Technologies Limited, OFS Fitel, LLC, Prysmian S.p.A. AFL, Birla Furukawa Fibre Optics Limited, Finolex Cables Ltd., Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC), General Cable Corporation, Sumitomo Electronics Industries (SEI), Ls Cable & System, Leoni AG, Furukawa Electric are the key players in manufacturing fiber optics globally.

Telecom segment is projected to be the leading application of the fiber optics market during the forecast period.  

Among application, Telecom Segment dominates the entire optic fiber market and anticipated to lead the market over the forecast period 2019-2025. Owing to the rising technology adoption in communication and data transmission services. The latest trend gaining momentum in the market is the development of next-generation telecommunication standard. The high demand for optical communication and sensing applications for various purposes provides avenues for market growth. Due to the persistent analysis & development activities and the escalating demand for high bandwidth fiber optic cable for communication and data services. Medical and military & aerospace applications are the fastest growing applications.

Stringent regulations and standards being levied by the regulating authorities and medical associations are further helping the fiber optics market to flourish in the medical sector, eventually driving the global fiber optics market to grow at a notable pace over the forecast period.

Request for Research [email protected]

Asia Pacific constituted the maximum share in the in the global fiber optics market during the forecast period.

Geographically, Asia-Pacific constituted lion’s share of the entire fiber optics market during the forecast period 2019-2025. Due to increased technological advancements, large-scale adoption in IT & telecommunication sector. India ranks second in terms of number of telecommunication subscriber. The global fiber optics market is majorly driven by the pursuit of high bandwidth communication. Growing opportunities in the healthcare, military and telecommunication sector along with increasing government funding in the development of network infrastructure, fueling the market globally.

Scope of the Report

By Cable Type

  • Single Mode
  • Multi-Mode

By Optical Fiber Type

  • Glass
  • Plastics

By Application

  • Telecom
  • Oil & Gas
  • Military & Aerospace
  • BFSI
  • Medical
  • Railway
  • Others

Detailed Analysis of Table of Contents (TOC)@

About BlueWeave Consulting & Research Pvt Ltd. (BWC)

BlueWeave Consulting provides a full scope of business intelligence solution for solving your toughest challenges. BWC is an emerging global expert & pioneer in the market research and provision of exclusive market INTEL. We optimize your decision making by equipping your industry with an accurate & better market research according to your industry demands through our professionally designed qualitative & quantitative research methods. Our trendy & efficient sample collection methods, integrated data solutions as well as methodologies certainly make us a better partner that you can rely on. With collective experience in the varied fields of retail, market research and reporting, we provide the business insight and business practices that would give the required impetus for your company’s growth.

Contact Us:

[email protected]

Global Contact: +1 866 658 6826

Related posts