Optical Fiber Market Latest Trends, Share, Growth Industry Analysis and Forecast
Global optical fiber market is expected to grow from US$ 11.30 Bn in 2017 to US$ 36.99 Bn by 2027 at a CAGR of 12.8% between 2018 and 2027.
(EMAILWIRE.COM, May 15, 2019 ) The growing demands for an increase in the speeds of data transfer over a network with minimum data losses have spurred the need for implementations of optical fiber cables. The losses in copper wire data transmissions have engaged the researchers constantly under a task to look out for a more efficient method to transmit data. These two factors have had bolstered the global optical fiber market. The Asia Pacific is the largest adopter of optical fiber equipment, followed by North America, and Europe. The APAC region with growing numbers of infrastructures and increasing technological trends is anticipated to be the fastest growing region in terms of optical fiber market.
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LIST OF COMPANIES:
1. Corning Incorporated
2. Prysmian Group
3. Yangtze Optical Fiber And Cable Co. Ltd.
4. Fiberhome Telecommunication Technologies Co. Ltd.
5. Finisar Corporation
6. Furukawa Electric Co., Ltd.
7. Hengtong Group Co., Ltd.
8. Nexans SA
9. Sumitomo Electric Industries, Ltd.
10. ZTT Group
The report focuses on an in-depth segmentation of this market based by type, mode, and composition. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By end-user segment, IT & Telecom accounted for the largest share of the optical fiber market in 2017, and the segment is expected to continue to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of the global optical fiber market with detailed market segmentation. Also, it analyzes the current optical fiber market scenario and forecasts the market till 2027. The report covers market dynamics affecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provides a PEST analysis of all five regions along with the SWOT analysis for all company profiled in the report.
The Asia Pacific is one of the prominent regions in the optical fiber market which will contribute the highest revenue globally due to technological developments and considerable application of optical fiber in a different end-user segment. Rapidly growing economies in Asia-Pacific (APAC) with significant growth in the telecom sector will pave the path for increasing adoption and propel the market for optical fiber market.
Buy Now This Report at: https://www.theinsightpartners.com/buy/TIPTE100000234/
Get sample PDF Copy at: https://www.theinsightpartners.com/sample/TIPTE100000234/
LIST OF COMPANIES:
1. Corning Incorporated
2. Prysmian Group
3. Yangtze Optical Fiber And Cable Co. Ltd.
4. Fiberhome Telecommunication Technologies Co. Ltd.
5. Finisar Corporation
6. Furukawa Electric Co., Ltd.
7. Hengtong Group Co., Ltd.
8. Nexans SA
9. Sumitomo Electric Industries, Ltd.
10. ZTT Group
The report focuses on an in-depth segmentation of this market based by type, mode, and composition. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By end-user segment, IT & Telecom accounted for the largest share of the optical fiber market in 2017, and the segment is expected to continue to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of the global optical fiber market with detailed market segmentation. Also, it analyzes the current optical fiber market scenario and forecasts the market till 2027. The report covers market dynamics affecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provides a PEST analysis of all five regions along with the SWOT analysis for all company profiled in the report.
The Asia Pacific is one of the prominent regions in the optical fiber market which will contribute the highest revenue globally due to technological developments and considerable application of optical fiber in a different end-user segment. Rapidly growing economies in Asia-Pacific (APAC) with significant growth in the telecom sector will pave the path for increasing adoption and propel the market for optical fiber market.
Buy Now This Report at: https://www.theinsightpartners.com/buy/TIPTE100000234/
Contact Information:
The Insight Partners
Sameer Joshi
Tel: +1-646-491-9876
Email us
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The Insight Partners
Sameer Joshi
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results