The Global Fiber Optics Market research study published by Emergen Research is an extensive collection of insightful information The report covers the Fiber Optics Market segmentation along with a detailed outline of the size with regards to volume and valuation. The report provides comprehensive coverage of the Fiber Optics Market scenario for the current period and forecast timeline of 2028. The Fiber Optics Market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industry, application, and region.
Fiber Optics Market size reached USD 4.54 Billion in 2020 and is expected to register a revenue CAGR of 9.9%, during the forecast period, according to latest analysis by Emergen Research. Increasing demand for Fiber to the x (FTTx), as well as increased need for fiber optics in smart city infrastructure, are among some major factors driving global fiber optics market revenue growth. In addition, increasing 5G deployment is expected to boost revenue growth of the market in the near future. Interconnected technologies play a significant role in smart city environments for transmitting, collecting, and converting data into useful information to build and improve infrastructural facilities. High-speed fiber connection aids in the transmission of vast volumes of data from one point to another via network infrastructure. It is important in aerial drones for surveying and mapping, monitoring systems for preventing crimes, traffic control systems to avoid accidents or congestion, and smart homes to promote sustainable living. These are other factors expected to drive demand for fiber optics, which in turn is expected to augment market growth.The 5G wireless connection is expected to be the next technological breakthrough owing to capability to transmit more data while maintaining a more stable and secure connection
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The fiber Optics Market report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on a detailed analysis of the technological and product developments undertaken by these companies.
The key companies studied in the report are:
Corning Incorporated, Prysmian S.p.A., General Cable Corporation, Optical Cable Corporation, Sterlite Technologies Limited, Leoni AG, Sumitomo Electric Industries, Ltd., Furukawa Electric Co., Ltd., and America Fujikura Ltd.
Emergen Research has segmented the global fiber optics on the basis of components, fiber type, cable type, application, and region:
Components Outlook (Revenue, USD Billion; 2018–2028)
- Hardware
- Couplers
- Connectors
- Transmitters
- Amplifiers
- Receivers
- Others
- Software
- Services
Fiber Type Outlook (Revenue, USD Billion; 2018–2028)
- Plastic Optical Fiber (POF)
- Glass Optical Fiber
Cable Type Outlook (Revenue, USD Billion; 2018–2028)
- Single-mode
- Multi-mode
Application Outlook (Revenue, USD Billion; 2018–2028)
- Oil Gas
- Healthcare
- Telecommunication
- BFSI
- Aerospace Defense
- Industrial
- Government
- Others
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The report addresses the following key points:
- The report estimates the expected market size from 2018-to 2028
- The report provides a forecast of market drivers, restraints, and future opportunities for the Fiber Optics Market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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