An optical Fiber refers to a flexible and transparent Fiber made up of glass or plastic. It has a diameter slightly thicker than a human hair and is arranged in bundles known as optical cables. Fiber optics cable is used to transmit information from one end to another end of cable using an optical (light-based) technology. It uses glass or plastic which makes it capable to transmit signal to long distance with minimum loss due to unaffected electromagnetic interference.

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The major factors that are driving the growth of the Global Fiber Optics market include the increasing demand of internet across the globe and the growing need for FTTx (Fiber to the X). The growing number of internet user worldwide and the increasing need for high bandwidth communication to transmit heavy data such as videos and images, is further accelerating the growing demand of the market. Growing need for high speed internet in the telecommunications and IT sector will have a positive impact on the market in the upcoming years.

In addition, the continuous technological advancement in telecommunication sector, is expected to rise the deployment of broadband network architectures, thereby boosting the growth of the market. Moreover, telecommunication industry in Middle East & Africa is growing rapidly due to rising investment in infrastructure in this region. The increasing number of internet-based devices, growing data connectivity demand and rising number of subscribers will boost telecommunication industry in this region, which is further encouraging the market growth. However, rising wireless communication system is a major factor restraining the growth of the market.

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Based on Fiber Type, the glass segment is expected to grow at a higher CAGR in the market during the forecast period owing to the growing demand from several applications and easy availability and better performance of the glass Fiber optics.

Based on the Application, the communication segment is expected to grow at a higher CAGR during the forecast period due to the growing number of internet user across the world coupled with the growth in utility, telecom, and industrial sector. Moreover, large base of population in China and India which is driving telecom industry in this region, that leads to rise the growth of the market.

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Based on the region, Asia-Pacific is anticipated to lead the global Fiber Optics market during the forecast period owing to the increasing industrialization and infrastructural development that offer various growth opportunities for the use of Fiber optics in various applications. In addition to this, the presence of highly populated countries such as China and India in this region and growing number of internet user is further propelling market growth.

The major key players in the market include Corning Incorporated, LS Cable & System, Prysmian Group, Sterlite Technologies Limited, Ii-Vi Incorporated, Leoni AG, Sumitomo Electric Industries, Ltd (Sei), Optical Cable Corporation, Fujikura Limited, Yangtze Optical Fiber And Cable Co., Ltd. Furukawa Electric Co. Ltd. among others.

The Global Fiber Optics market has been segmented based on the Fiber Type, Type, Application, and Key region. Based on Fiber Type, the market is segmented into Glass and Plastic. Based on Cable Type, the market is segmented into Single Mode and Multi-Mode. Based on Application, the market is segmented into Communication and Non-communication. The Communication market is further segmented into Telecom, Premises, Utility, Cable Antenna, Television (CATV), Industrial, Military, and Others. The Non-communication market is further segmented into Sensors, and Fiber Optics Lighting.

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Key questions answered in this research report:

• • At what pace is the Global Fiber Optics market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the Global Fiber Optics market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Global Fiber Optics market?
  • What are the various application of the Global Fiber Optics market, and how are they poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
  • Which Fiber type generated maximum revenues in 2019 and identify the most promising Fiber type during the forecast period?

 

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Fiber Type, By Type, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Corning Incorporated, LS Cable & System, Prysmian Group, Sterlite Technologies Limited, Ii-Vi Incorporated, Leoni AG, among others, a total of 11 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

 

Market Segmentation

Global Fiber Optics Market by Fiber Type

• • Glass
  • Plastic

Global Fiber Optics Market by Cable Type

• • Single Mode
  • Multi-Mode

Global Fiber Optics Market by Application

• • Communication
    • Telecom
    • Premises
    • Utility
    • Cable Antenna
    • Television (CATV)
    • Industrial
    • Military
    • Others
  • Non-Communication
    • Sensors
    • Fiber Optics Lighting

Global Fiber Optics Market by Region

• • North America Fiber Optics Market
    (Option 1: As a part of the free 25% customization)
    • North America Fiber Optics Market by Fiber Type
    • North America Fiber Optics Market by Cable Type
    • North America Fiber Optics Market by Application
    • United States of America (US) Fiber Optics Market All-Up
    • Canada Fiber Optics Market All-Up
  • Europe Fiber Optics Market
    (Option 2: As a part of the free 25% Customization)
    • Europe Fiber Optics Market by Fiber Type
    • Europe Fiber Optics Market by Cable Type
    • Europe Fiber Optics Market by Application
    • United Kingdom (UK) Fiber Optics Market All-Up
    • Germany Fiber Optics Market All-Up
    • Spain Fiber Optics Market All-Up
    • France Fiber Optics Market All-Up
    • Rest of Europe Fiber Optics Market All-Up
  • Asia-Pacific Fiber Optics Market
    (Option 3: As a part of the free 25% Customization)
    • Asia-Pacific Fiber Optics Market by Fiber Type
    • Asia-Pacific Fiber Optics Market by Cable Type
    • Asia-Pacific Fiber Optics Market by Application
    • China Fiber Optics Market All-Up
    • Japan Fiber Optics Market All-Up
    • India Fiber Optics Market All-Up
    • Rest of APAC Fiber Optics Market All-Up
  • ROW Fiber Optics Market
    (Option 4: As a part of the free 25% Customization)
    • ROW Fiber Optics Market by Fiber Type
    • ROW Fiber Optics Market by Cable Type
    • ROW Fiber Optics Market by Application
    • Brazil Fiber Optics Market All-Up
    • Saudi Arabia Fiber Optics Market All-Up
    • South Africa Fiber Optics Market All-Up
    • UAE Fiber Optics Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Fiber Optics Market All-Up

Leading Market Players (Option 5: As a part of the free 25% customization – Profiles of 5 Additional Companies of your Choice)

• • Corning Incorporated
  • LS Cable & System
  • Prysmian Group
  • Sterlite Technologies Limited
  • Ii-Vi Incorporated
  • Leoni AG
  • Sumitomo Electric Industries, Ltd (Sei)
  • Optical Cable Corporation
  • Fujikura Limited
  • Yangtze Optical Fiber And Cable Co., Ltd.
  • Furukawa Electric Co. Ltd.