Market Insights Reports

Optical Fibre Market Size, Trends, Companies, Driver, Segmentation, Forecast to 2023

 

Harrisburg, NC -- (SBWIRE) -- 10/23/2020 -- "Global Optical Fibre Market: Size, Trends & Forecasts (2019-2023)" research study is segmented on the basis of applications, technology, geography and types. The report provides a detailed Optical Fibre Industry Overview along with the analysis of industry's gross margin, cost structure, consumption value, and sale price. The leading companies of the Optical Fibre Market, manufacturers, and distributors are profiled in the report along with the latest Industry development current and future trends.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Company Coverage

Yangtze Optical Fibre And Cable Joint Stock Limited Company (YOFC)
Corning Incorporated
Prysmian Group
Fujikura Group

Country/ Regional Coverage

India
China
North America
Europe

Executive Summary

The optical fibre industry consists of three major products starting from downstream to upstream which include fibre preform, optical fibre and optical fibre cable (OFC). Manufacturing of preform (a solid glass rod) is the first step in the making of optical fibres. Optical fibres are drawn out from the heated up preform. OFC is a bundle of optical fibres that is used to carry light signals over long distances.

The global optical fibre market can be segmented on the basis of mode into single mode and multi mode fibres. On the basis of composition the market can be bifurcated into glass optical fibre and plastic/ polymer optical fibre. The market can split on the basis of application into broadcasting, lighting and decoration, mechanical inspections, computer networking, medical/ healthcare industry and defense.

The global optical fibre market is forecasted to grow at a healthy rate during the forecast period (2019-2023). The market is supported by various growth drivers such as increase in global internet traffic, spike in number of smartphone users globally, hike in adoption of Fibre to the Home (FTTH), initiatives by governments of various countries to boost OFC deployment, strategic initiatives such as product launches and collaborations undertaken by key players to strengthen their respective optical fibre businesses and cater to surging demand for high bandwidth from customers simultaneously. High cost of OFC deployment and installation barriers of optical fibres are some of the challenges faced by the market.

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This report on Global Optical Fibre market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the Global market for Optical Fibre. Collecting historical and recent data from various authentic resources and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).

Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Optical Fibre Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Optical Fibre Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

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