Fiber Optic Market Size, Share: Including Emerging Audience, Growth Opportunities & Current Industry Status expected to grow at a CAGR of 10% to 2023

Global Fiber Optic Market, By Components (Connectors, Couplers, Transmitters & Receivers, Amplifiers), Optical Fiber Type (Single Mode, Multiple Mode), Application (Fiber Optic Lighting, Security, Sensors), End Users (Telecom & Broadband, Military, Aerospace, Utilities) - Forecast Till 2023

Companies such Optical Cable Corporation (U.S.), Sterlite Technologies (India), Fujikura Limited (Japan), Finolex Cable Limited (India), Infinera Corporation (U.S.), and Corning INC. (U.S.), are the leading providers of fiber optics in the global market. In August 2016, Infinera Corporation paired with Lumentum Holdings Inc. for Intelligent Transport Network DWDM platforms incorporated with white box optical line system. With this pairing, the companies are operating in an open optical networking environment. These companies have build a simulated point-to-point metro fiber network with the aim of bringing the open networking concepts in the market.

Get a Sample Report with TOC @ https://www.marketresearchfuture.com/sample_request/1169

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

According to MRFR, The global Fiber Optic Market is expected to grow at USD 6 billion by 2023, at a CAGR of ~10% during the forecast period 2017-2023.

Industry Updates:

In September 2018, NASA and Made In Space have demonstrated the merits of manufacturing fiber optic filaments in microgravity. ZBLAN is the fiber optic material that is chosen for this demonstration.
In August 2018, Reliance Jio (India) has started the registration for optical fiber based fixed-line broadband service. It has claimed to offer download speed of one gigabit per second through this service.

Market Drivers and Restraints:
The extensive use of fiber optics in various services such as local area network, landline communications, television cable networks, and others are propelling the growth of the global fiber optic market. High demand for fiber optics in network and telecommunication industry is majorly driving the expansion of the global fiber optic market.

Persistent research and development activities have aided the fiber optic technology to gain prominence over the past few years. The use of optical fiber in the healthcare sector in various applications such as endoscopic imaging, biomedical sensing and others are some other factors that are fueling the growth of the global fiber optic market. However, the extensive labor required for installation of the network with fiber optic requires high expenditure and is a time taking process, which is likely to create hindrance in the growth of the global fiber optic market during the forecast period.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/fiber-optic-market-1169

Market Segmentation:
The global fiber optics market has been segmented on the basis of components, optical fiber type, application and end-users. Based on components, the fiber optic market is segmented into connectors, couplers, transmitters & receivers, amplifiers and others. Based on optical fiber type, the fiber optic market is segmented into single mode, multiple mode and plastic mode. Based on application, the fiber optic market is segmented into fiber optic lighting, CATV, security, sensors, and others. Based on end-users, the fiber optic market is segmented into telecom & broadband, military, aerospace, utilities and others.

Regional Analysis:

Geographically, the global fiber optic market is segmented into four major regions such as North America, Europe, Asia Pacific and the rest of the world. The North America region is projecting to be one of the leading regions in the global fiber optic market owing to the rapid expansion of telecommunication industry and widespread application of optical fibers in the well-developed healthcare sector in this region. The Europe region is projecting high growth potential in the global fiber optic market owing to the huge demand for fiber optics for transmission over long distances in this region. The fiberoptic market in the Asia Pacific region is anticipated to grow significantly over the forecast period.

Intended Audience

• Fiber optic companies
• Fiber optic providers
• Technical universities
• System integrators
• Managed Security Service Providers
• Professional service providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators

LIST OF TABLES
Table 1 Global Fiber Optics Market: By Region, 2017-2023
Table 2 North America Fiber Optics Market: By Country, 2017-2023
Table 3 Europe Fiber Optics Market: By Country, 2017-2023
Table 4 Asia-Pacific Fiber Optics Market: By Country, 2017-2023
Table 5 Middle East & Africa Fiber Optics Market: By Country, 2017-2023

For More Information, Browse Press Release @ https://www.marketresearchfuture.com/press-release/fiber-optic-industry

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.