New York, NY -- (SBWIRE) -- 02/11/2020 -- Fiber optic cables are composed of plastic and glass inner core which is surrounded by a cladding and is encased in an outside jacket. Fiber optic cables are new technology which uses optical fiber of plastic or glass threads made of 100 or more incredible thin strands of the same to transmit data. As the data is transferred through a medium of light, two things that keeps the light inside fiber optics is its core and the layer over the core which is cladding. The other fibers carry light signal light in modes which follow light beam down the fiber. Single mode fiber has a thin core of about 5-10 micron and all the signal in the mode travels straight without bouncing off the edges. Application of single mode is widely adopted in telephone signal, cable TV, and the internet and can send information over 600 miles. Where else multi-mode fiber optic are used for a short distance such as linking computer network together for sharing information.

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Major Key Players : HTGD,Furukawa,YOFC,Futong,Fujikura,Sumitomo,Tongding,CommScope,Sterlite,Corning,FiberHome,Jiangsu Etern,ZTT,General Cable,Belden,Fasten,Nexans,Kaile,LS

Growing demand for high bandwidth communication is boosting the growth of the market. For instance, these systems are used to transmit data, voice, and images ranging from few meters to a several kilometers with ease. Telecommunication and IT are the key sectors with a wide range of applications. The evolution of fiber-rich infrastructure has stupendously boosted the demand for these cables. Additionally, technological advancements in telecom sector have increased the deployment of broadband network architectures. Fiber to the Home (FTTH), Fiber to the Building (FTTB), Fiber to the Cabinet (FTTC), and Fiber to the Premise (FTTP) are a few prominent broadband networking architectures that necessitate large-scale deployment of fiber optic networks, driving demand for fiber optic cables.

Communication application to witness the fastest growth during the forecast period :
Based on application, the fiber optics market has been segmented into communication (telecom, premises, utility, CATV (Cable Antenna Television), military, industrial) and non-communication (sensors and fiber optic lighting). The communication segment is projected to register the highest growth, in terms of value as well as volume of the global fiber optics market.

The increasing number of internet users is a major factor driving the growth of the fiber optics market in the communication segment. Moreover, the growth in telecom, premises, utility, and industrial sectors is driving growth of fiber optics market. Moreover, the massive population base of China and India is one of the major drivers for growth in the telecom market in the region, which in turn, is expected to drive the fiber optics market during the forecast period.

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The single-mode segment is projected to be the fastest-growing cable type of the fiber optics market during the forecast period :
Single-mode is expected to be the fastest-growing fiber optics segment during the forecast period. On the basis of the diameter of the cable, the most commonly used optical cables are single-mode and multi-mode. Single mode is mainly used for applications requiring data transport over longer distances, such as telecom, CATV, and high-speed LANs (Local Area Networks); while multi-mode is used for shorter distance applications, such as premises networks, industrial networks, and home networks.

Global Fiber Optic Cables Market: Product Segment Analysis
Multi-Mode Fiber Optic Cables
Single-Mode Fiber Optic Cables

Global Fiber Optic Cables Market: Application Segment Analysis
Long-Distance Communication
Submarine Cable
FTTx
Local Mobile Metro Network
Other Local Access Network
CATV

Key Benefits :
- This report provides an extensive analysis of the current and emerging market trends and dynamics in the global fiber optics cable market.
- In-depth analysis is conducted by constructing market estimations for the key market segments between 2017 and 2024.
- Exhaustive analysis of the market by cable type, optical fiber type, and application helps understand the products that are currently being used along with the variants that would gain prominence in the future.
- Competitive intelligence helps understand the competitive scenario across the geographies.

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Application Insights :
In 2018, telecom accounted for the largest market share in terms of revenue and is anticipated to continue its dominance in terms of size by 2025. Telecommunication is anticipated to present promising growth prospects due to growing adoption of the technology in communication and data transmission services. Fiber optics enable high-speed data transfer services in both small and long-range communications. Furthermore, increasing cloud-based applications, audio-video services, and Video-on-Demand (VoD) services stimulate the demand.
Medical and military and aerospace application segments are poised to witness significant growth, attributed to increasing adoption of optic technology devices. Stringent regulations and standards imposed by the regulatory authorities and medical associations are further helping the market to flourish in the medical sector, eventually driving the growth.

Key questions addressed by the report
- What are the major developments impacting the market?
- Where will all the developments take the market in the mid-to-long-term?
- What are the upcoming cable types of fiber optics?
- What are the emerging applications of fiber optics?
- What are the major factors that are likely to have an impact on the fiber optics market growth during the forecast period?

Few TOC point :

Chapter 3 World Fiber Optic Cables Market share
3.1 Major Production Market share by Players
3.2 Major Revenue (M USD) Market share by Players
3.3 Major Production Market share by Regions in 2019, Through 2024
3.4 Major Revenue (M USD) Market share By Regions in 2019, Through 2024

Chapter 4 Supply Chain Analysis
4.1 Industry Supply chain Analysis
4.2 Raw material Market Analysis
4.2.1 Raw material Prices Analysis 2014-2019
4.2.2 Raw material Supply Market Analysis
4.2 Manufacturing Equipment Suppliers Analysis
4.3 Production Process Analysis
4.4 Production Cost Structure Benchmarks
4.5 End users Market Analysis

Chapter 6 Globalisation & Trade
6.1 Business Locations
6.2 Supply channels
6.3 Marketing strategy
6.4 Barriers to Entry

Chapter 7 Distributors and Customers
7.1 Major Distributors and contact information by Regions
7.2 Major Customers and contact information by Regions

Chapter 8 Import, Export, Consumption and Consumption Value by Major Countries
8.1 USA
8.2 Germany
8.3 China
8.4 Japan
8.5 India

Continue…

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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and grades.

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