Press release
Recent Trends On Global Fiber Optic Cable Assembly Market By Manufacturers, Countries, Type And Application, Forecast To 2023 Wth CAGR 7.9%
Fiber Optic Cable Assembly ,Fiber Optic Cable Assembly research,Fiber Optic Cable Assembly sales
Fiber Optic Cable is a cable containing one or more optical fibers that are used to carry light. The optical fiber elements are typically individually coated with plastic layers and contained in a protective tube suitable for the environment where the cable will be deployed.
Scope of the Report:
This report studies the Fiber Optic Cable Assembly market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Fiber Optic Cable Assembly market by product type and applications/end industries.
The most prominent factor driving the fiber optic cables market growth is rapidly growing internet traffic worldwide. With increasing proliferation of mobile devices, number of internet users is on rapid rise since the past few years.
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As of March 2017, there were nearly 3.74 Bn internet users across the globe, resulting into higher requirement of internet bandwidth. The demand for unceasing bandwidth is yielding significant growth in the global fiber optic cables market.
Fiber optic cable provides a constant, stable and fast internet connection that allows high speed data transfer with minimal interference. In recent past, it has become noticeable that fiber optic cables are rapidly replacing copper cables and other metal wires due to their wide range of advantages over electrical transmission.
Furthermore, increasing expenditure on network infrastructure development is another major factor pushing the demand for fiber optic cables. Considering the immense benefits of fiber optic cables, more number of network providers are shifting towards establishing optical networks.
Advent of Internet of Things (IoT) is expected to generate high demand for internet bandwidth in the following years. Thus, growing number of connected devices is expected to further support the market growth.
However, high installation costs coupled with complex installation process of fiber optic cables acts as a restrain to the market. In addition, lack of industry standards have also hindered the demand for fiber optic cables in industrial environments as well as in subscriber networks.
The global Fiber Optic Cable Assembly market is valued at 1080 million USD in 2017 and is expected to reach 1700 million USD by the end of 2023, growing at a CAGR of 7.9% between 2017 and 2023.
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Market Segment by Companies, this report covers
Corning
CommScope
Prysmian
OFS（Furukawa）
Belden
Fujikura
General Cable
Sumitomo
Nexans
LS cable
3M
HUBER + SUHNER
Huihong Technologies Limited
Huawei
Delphi
Amphenol
Sumitomo Electric
Molex
Nexans Cabling solutions
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Single-Mode Fiber Optic Cable
Multi- Mode Fiber Optic Cable
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Market Segment by Applications, can be divided into
Telecom/Datacom
CATV and Broadcasting
Military/Aerospace
Power and New Energy
Healthcare
Others
Highlights of the report:
1.A complete backdrop analysis, which includes an assessment of the parent market
2.Important changes in market dynamics
3.Market segmentation up to the second or third level
4.Historical, current, and projected size of the market from the standpoint of both value and volume
5.Reporting and evaluation of recent industry developments
6.Market shares and strategies of key players
7.Global Fiber Optic Cable Assembly segments and regional markets
8.An objective assessment of the trajectory of the market
9.Recommendations to companies for strengthening their foothold in the market
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