Allied Market Research

Global Fiber Optics Market - Opportunity Analysis and Industry Forecast, 2017-2023

This report provides an extensive analysis of the current and emerging market trends and dynamics in the global fiber optics cable market.


Portland, OR -- (SBWIRE) -- 08/25/2017 -- Fiber optics is one of the methods of transmitting information that works by sending pulses of light through an optical fiber. The light transmitted then forms an electromagnetic carrier wave modulated to carry information. Fiber optics cable is used mainly for digital transmission of data and is increasingly being used owing to its efficiency and high transmission capacity. Fiber optics cables are used usually when high bandwidth, long distance, or immunity from external or internal interferences are required.

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The growth in importance of data transfer and storage, Internet of Things, more number of connected devices, such as smartphones, tablets, and wearables are the major factors for the growth of the fiber optics cable market. Moreover, the market is expected to grow rapidly as these cables act as the main medium for fast and reliable data transfer. Moreover, due to many advantages of the fiber optics such as immunity to interferences from vibrations and electricity, ability to provide greater bandwidth also fuel growth. However, easy access to the internet in remote areas using wireless devices, and the high initial cost restrain the growth of the market.

The market for fiber optics cable market is divided into cable types, optical fiber types, application, and geography. By cable type, it is bifurcated into single-mode and multi-mode. By optical fiber material, it is further classified into glass and plastic. By application, it is divided into communication, power transmission, sensor, and others. By geography, it is analyzed across North-America, Europe, Asia-Pacific, and LAMEA.

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Fiber Optics Cable Market Key Segments:

By Cable Type

- Single-Mode
- Multi-Mode

By Material

- Glass
- Plastic

By Application

- Communication
- Power Transmission
- Sensor

Key Players

- AFC Cable Systems
- Corning Inc.
- Fujikura Ltd.
- Furukawa Electric Co. Ltd.
- Hitachi Cable Ltd.
- Optical Cable Corporation
- Prysmian Group
- Sterlite Technologies Ltd.
- Sumitomo Electric Industries Ltd.