Pune, India -- (SBWIRE) -- 07/17/2018 -- 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.

Global Fiber Optics Market, By Cable Type (Single Mode, Multi-Mode), By Optical Fiber Type (Glass, Plastic) By Application (Telecom, Premises, Utility, CATV, Military, Industrial, Sensors, Fiber Optic Lighting, Security, Metropolitan) – Industry Trends and Forecast to 2025

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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.

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.

Due to the increased usage of fibre optics in India and its various features such as greater bandwidth and others it will effect in growth of market in future.

Top Key Competitors:

- Corning Incorporated (U.S.)
- 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
- Cable Joint Stock Limited Company (China)
- Among others.

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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.

- Based on geography, the global fiber optics market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

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

Frequently Asked Questions:

- What will the market size be in 2025?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2025?
- Which strategies are used by top players in the Global Fiber Optics Market?

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