Fiber Optic Market Outlook and Forecast 2022: Growth Factors, Trends, and Top Companies Analysis for Business Development
Fiber Optic market is mainly driven by the demand for high speed internet around the world as the traditional wires are not able to meet the expectation. Fiber Optic is mainly used for the transfer and exchange of data’s digitally.
Growing countries which are adopting the new technology for high speed internet is creating huge demand for the Fiber Optics.
Going ahead, currently North America is dominating the market of fiber optic due to the heavy technological development and deployment of various satellites into the space which will transmit the data with the very high speed.
North America holds high of market share followed by Europe which accounts of high of total revenue around the world. Asia-Pacific is estimate to grow with CAGR of more and has been valued at US high billion in the year 2015.
It is expected that adoption of new technologies such as 4g among other will drive the market of Fiber Optic Market in Asia-Pacific.
Major Key Players:
- Optical Cable Corporation (U.S.)
- Sterlite Technologies (India)
- Fujikura Limited (Japan)
- Finolex Cable Limited (India)
- Ofs Fitel, Llc (U.S.)
- Prysmian Spa (Italy)
- Infinera Corporation (U.S.)
- Corning INC. (U.S.)
- Birla Furukawa Fibre Optics (India)
- AFC Group (Australia)
Segmentation by Components: Connectors, Couplers, Transmitters & Receivers, Amplifiers among others.
Segmentation by Application Verticals: Telecom & Broadband, Military/Aerospace, Utilities among others.
The Fiber Optic market has been valued at US high billion in the year 2015 which is growing with the CAGR of more. It is expected that Fiber Optic market will cross the market size of US in billion by the end of forecasted period where North America will be leading followed by Europe and Asia-Pacific.
- Recently, Intel Inc. announced that they have begun the shipping of 100-Gbps PSM4 QSFP28 optical transceivers which is an important comment of fiber optic.
- In August 2016, Infinera pairs with Lumentum's for DWDM platforms white box optical line system.
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Study Objective of Fiber Optic Market:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Fiber Optic Market
- To provide insights about factors affecting the market growth
- To analyze the Fiber Optic market based on various factors- price analysis, supply chain analysis, porter’s five force analysis.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by component, by application verticals and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Fiber Optic Market
The reports also covers brief analysis of Geographical Region includes:
- Rest of Western Europe
- South Korea
- Rest of Asia
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure
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