Optical Fiber Market is Growing at a CAGR of 11.7% During the Forecast Period Led by Alcatel Lucent, Broadcom Limited, Prysmian SpA, Corning Inc.,Amphenol CorporationOne of the prime factors that are driving the demands for optical fiber cables is the growing needs for fast and improved networking and network services and growing penetration of broadband connections among developed and developing countries. Governments of various countries worldwide have laid their stress on the reach of high speed internet services in urban and rural areas of their countries. A fiber optic cable ensures maximum reach out of services with very less attenuations, higher bandwidths and greater reliability over longer distances as a result of which three has been a meteoric rise in its implementations in various corners of the globe.
Sample copy of this report is available at http://bit.ly/2PmI80G
The growth of upcoming technologies, more popularly referred to as SMAC (Social, Mobility, Analytics and Cloud) demands for higher bandwidth cables. The capabilities of existing legacy copper wire cables does not match with the requirements of these technologies. As the amount and speed of transfer of data over the copper wire cables seemed to be very limited and incapable of serving the ever increasing data transmission demands, there has been a need for replacing these cables with better suited alternatives that remain cost effective as well as performance effective.
The global optical fiber market is estimated to grow at a CAGR of 11.7% during the forecast period 2016 – 2025 and accounts for US$ 27.88 Bn in the year 2025.
Leading Players in Optical Fiber Market:
1. Corning Inc.
2. Prysmian SpA
3. Yangtze Optical Fiber and Cable Co Ltd.
4. Fujikura Limited
5. Sterlite Technologies
6. Finolex Cable Limited
The global optical fiber market is segmented based on types as: step indexed optical fiber and graded indexed optical fiber. On the basis of end-user optical fiber market can be further divided into Broadcast, IT & Telecom, and Industrial, Defense, Medical and Others.
The technology which utilizes the physical properties of light by modulating a light signal with voice or data and sends it through a fiber by the virtue of Total Internal Reflection (TIR) is referred to as optical fiber technology. The growing demands for increase in the speeds of data transfer over a network with minimum data losses has spurred the need for implementations of fiber cables. The losses in copper wire data transmissions had researchers constantly put on a task to look out for a more efficient method to transmit data.
Today, the fiber cables are used to transmit video along with voice and data. The installation of fiber cables in the initial stages was a bit tedious task but with growing awareness and skilled labor have made implementations quite easier. Increasing deployments of data centers in various parts of the world has significantly led to the rise in usage of optical fiber communications. Upcoming technologies where data is transferred in real-time require high bandwidth medium for propagation. High bandwidth requirements are fulfilled by the optical fiber cables.
Buy this report at http://bit.ly/2Pi0Jep
Reasons to buy this report:
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the automatic tire inflation system market, thereby allowing players across the value chain to develop effective long term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Optical Fiber Market is Growing at a CAGR of 11.7% During the Forecast Period Led by Alcatel Lucent, Broadcom Limited, Prysmian SpA, Corning Inc.,Amphenol Corporation here
News-ID: 1311481 • Views: 375
More Releases from The Insight Partners
Virtual Reality and Augmented Reality in the Retail Market Comprehensive Analysi …
The retail sector is one of the prominent sectors in terms of the economic growth of the country. Virtual Reality and Augmented Reality is becoming very prominent among retail giants such as IKEA. The retail sector is witnessing huge demand for Virtual Reality and Augmented Reality to enhance customer's experience. Implementation of virtual reality and augmented reality in retail enables to build brand image along with quality, high customer satisfaction,
Blockchain in Transportation and Logistics Market Growth By Application, Technol …
Blockchain technology helps the transportation and logistics industry to record transactions, tracks assets, as well as creates an efficient and transparent system to manage all documents involved in the process. Blockchain technology is a distributed ledger, which digitally records transaction history between the parties involved. Since the information stored in a blockchain is unchangeable, it cannot be altered by any third party. Thus, making the technology more secure in comparison
Supercomputing Market Growth Prospects, Key Vendors, Future Scenario Forecast to …
The analysis of the global Supercomputing Market 2027 is an in-depth study of the Supercomputing industry, which focuses on global market trends. The report aims to provide an overview of the global market for Supercomputing with detailed market segmentation by product / application and by region. The global market for Supercomputing is expected to experience strong Growth over the forecast period. The reports cover key market developments in the Supercomputing as
Mobile Banking Application Market Growth Prospects, Key Vendors, Future Scenario …
The analysis of the global Mobile Banking Application Market 2027 is an in-depth study of the Mobile Banking Application industry, which focuses on global market trends. The report aims to provide an overview of the global market for Mobile Banking Application with detailed market segmentation by product / application and by region. The global market for Mobile Banking Application is expected to experience strong Growth over the forecast period. The reports
More Releases for Optical
1001 Optical Chatswood Chase
Providing the utmost in convenience and giving you the vision you desire, right here in Chatswood Chase. Providing the utmost in convenience and giving you the vision you desire, right here in Chatswood Chase. 1001 Optical Chatswood Chase Shop B045, LG Level, Chatswood Chase Shopping Centre, 345 Victoria Avenue Chatswood, NSW 2067
1001 Optical World Square
Great lenses, great frames, great optical services, right where you need them in World Square, Sydney Great lenses, great frames, great optical services, right where you need them in World Square, Sydney Shop 9.09A, LG Level, World Square Shopping Centre, 680 George Street, Sydney, NSW 2000
Optical Transceivers Market | MarketResearchReports.biz
Latest industry research report on: Optical Transceivers Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts The vendors in the optical transceivers industry have invested in high-quality technology and processes to develop leading edge broadband network capability. Internet, enterprise augmented reality, and IoT Drive optical network adoption as the mega data centers are poised for significant growth to support trillion-dollar app markets. Global adoption of the Internet
Optical Comparator Market
A comparator basically indicates the size difference between the work being measured and the standard, with sufficient magnification. A profile projector or optical comparator is a device that applies the laws of optics to measure the dimensions of small manufactured parts on a translucent screen. An optical comparator is an inspection machine that measures the dimensions of small manufactured parts at a fast rate and with high precision by projecting
Global Optical Connectors Market: By Application: Data Centre Optical Connectors …
Latest industry research report on: Optical Connectors Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Download Sample copy of this Report at :http://www.marketresearchreports.biz/sample/sample/1107689 A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Optical Connectors Market; By Type (Board to Board, Edge Card, Mid Board), By Application (Data Centre,
Passive Optical LAN (POL) Market (Components - Optical Cables, Optical Couplers, …
The market for passive optical LAN (POL) is led by Huawei Technologies Co., Ltd., ZTE Corporation, and Alcatel-Lucent S.A. These three companies accounted for a combined share of over 75% in the overall POL market in 2015, indicating the high degree of consolidation. Transparency Market Research finds that most of these companies are focusing on business expansion to increase their consumer base and new product development and technological enhancement to