Global Fiber Optics Market Size, Trend and Industry Analysis 2025
Market Analysis:
The Global
Fiber Optics Market is expected to reach USD 7.79 Billion by 2025, from USD
3.41 Billion in 2017, growing at a CAGR of 9.50% during the forecast period of
2018 to 2025. The upcoming market report contains data for historic years 2015
& 2016, the base year of calculation is 2017 and the forecast period is
2018 to 2025.
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Market Definition:
Fiber optics is a type of optics
which uses glass threads to transmit data. It consists of a bundle of glass
threads. Each of these glass threads in fibre optics is capable of transmitting
messages modulated onto light waves. In order to transmit data from one cable
to another cable there are several advantages such as bandwidth as compared to
metal cables, thinner and lighter in sizes and data can also be transmitted
through digitally rather than analogically. There are three important element
of fibre optics transmission system namely transmitter, fibre optic cable and
receiver.
Fibre optics has huge scope in
emerging countries like India so that to speed up digital india transmission.
According to the article published by Kizhakedath Media Services, more than71
percent of respondents expected to transition the mainstream of their networks
to FTTH (fiber-to-the-home) by 2025
Major Market Drivers and Restraints:
·
Increasing demand for the internet
·
Growing demand of FTTX
·
Increased of advances in technology
·
Increased usage of wireless communication
systems
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Market Segmentation
·
The global fiber optics market is segmented
based on cable type, optical fiber type, application and geographical segments.
·
Based on cable type, the global fiber optics
market is segmented in single mode, and multi-mode
·
On the basis of optical fiber type, the global
fiber optics market segmented into glass and plastics
·
On the basis of application, the global fiber
optics market segmented into telecom, premises, utility, CATV, military,
industrial, sensors, fiber optic lighting, security, and metropolitan
Competitive Analysis
The global fiber optics market is highly fragmented and the
major players have used various strategies such as new product launches,
expansions, agreements, joint ventures, partnerships, acquisitions, and others
to increase their footprints in this market. The report includes market shares
of fiber optics unit market for global, Europe, North America, Asia Pacific and
South America.
Major
Market Players:
·
Optical Cable Corporation
(OCC)
·
sterlitetech.com.(India)
·
OFS Fitel
·
LLC(U.S.)
·
Prysmian
S.p.A.(Italy)
·
Birla Furukawa
Fibre Optics Limited(India)
·
Finolex Cables
Ltd.(India)
·
Yangtze Optical
Fibre and Cable Joint Stock Limited Company (China)
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Tables and Figures @ https://databridgemarketresearch.com/toc/?dbmr=global-fiber-optics-market
Research Methodology
Data collection and base year
analysis is done using data collection modules with large sample sizes. The
market data is analysed and forecasted using market statistical and coherent
models. Also market share analysis and key trend analysis are the major success
factors in the market report. To know more please Request an Analyst
Call or can drop down your inquiry.
The key research methodology used by DBMR Research team
is data triangulation which involves data mining, analysis of the impact of
data variables on the market, and primary (industry expert) validation. Apart
from this, other data models include Vendor Positioning Grid, Market Time Line
Analysis, Market Overview and Guide, Company Positioning Grid, Company Market
Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor
Share Analysis. To know more about the research methodology, drop in an inquiry
to speak to our industry experts.
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