Press release
Fiber Optic Cable Assembly Market Growth Analysis 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 s
Big market research adds a report titled “Global Fiber Optic Cable Market 2018-2023” that provides detailed information of the Automotive Drivetrain. The report is an excellent piece of study for investors who are looking towards the market.In this report, LP Information studies the present scenario (with the base year being 2017) and the growth prospects of global Fiber Optic Cable Assembly market for 2018-2023.
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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.
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. 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.
Over the next five years, LPI(LP Information) projects that Fiber Optic Cable Assembly will register a 7.9% CAGR in terms of revenue, reach US$ 1700 million by 2023, from US$ 1080 million in 2017.
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This report presents a comprehensive overview, market shares and growth opportunities of Fiber Optic Cable Assembly market by product type, application, key companies and key regions.
To calculate the market size, LP Information considers value generated from the sales of the following segments:
Segmentation by product type:
Single-Mode Fiber Optic Cable
Multi- Mode Fiber Optic Cable
Segmentation by application:
Telecom/Datacom
CATV and Broadcasting
Military/Aerospace
Power and New Energy
Healthcare
Others
We can also provide the customized separate regional or country-level reports, for the following regions:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Fiber Optic Cable Assembly market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Fiber Optic Cable Assembly market by identifying its various subsegments.
Focuses on the key global Fiber Optic Cable Assembly players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Fiber Optic Cable Assembly with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Fiber Optic Cable Assembly submarkets, with respect to key regions (along with their respective key countries).
Big Market Research is striving to help businesses, investors, organizations, new entrants, and corporations by offering a collection of reports that cater to their research needs. Our research reports highlight current industry trends, development scope, and estimations of market size over the next few years. We reduce your efforts find the reports through a systematic approach and arrangement in appropriate categories and subcategories.
Moreover, we offer customization services for the research reports through a close coordination with publishers to understand and fulfill your research requirements. Big Market Research’s team of coordinators work closely with clients and publishers, assist them with expert inputs, and offer relevant and precise research reports to fulfill business requirements at the best price. Above all, we value a healthy business relationship.
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