Press release
Global Optical Fiber Market 2018-2027 | Industry SWOT Analysis by Top Leaders Corning Inc., Prysmian SpA, Fujikura Limited, Yangtze Optical Fiber, and Cable Co. Ltd. & Sterlite Technologies Limited
Optical Fiber Market to Reach US$ 36.99 Bn by 2027
Global optical fiber market is expected to grow from US$ 11.30 Bn in 2017 to US$ 36.99 Bn by 2027 at a CAGR of 12.8% between 2018 and 2027.
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Top Leaders:
- Corning Incorporated
- Prysmian Group
- Yangtze Optical Fiber And Cable Co. Ltd.
- Fiberhome Telecommunication Technologies Co. Ltd.
- Finisar Corporation
- Furukawa Electric Co., Ltd.
- Hengtong Group Co., Ltd.
The growing demands for an increase in the speeds of data transfer over a network with minimum data losses have spurred the need for implementations of optical fiber cables. The losses in copper wire data transmissions have engaged the researchers constantly under a task to look out for a more efficient method to transmit data. These two factors have had bolstered the global optical fiber market. The Asia Pacific is the largest adopter of optical fiber equipment, followed by North America, and Europe. The APAC region with growing numbers of infrastructures and increasing technological trends is anticipated to be the fastest growing region in terms of optical fiber market.
The report aims to provide an overview of the global optical fiber market with detailed market segmentation. Also, it analyzes the current optical fiber market scenario and forecasts the market till 2027. The report covers market dynamics affecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provides a PEST analysis of all five regions along with the SWOT analysis for all company profiled in the report.
The report focuses on an in-depth segmentation of this market based by type, mode, and composition. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By end-user segment, IT & Telecom accounted for the largest share of the optical fiber market in 2017, and the segment is expected to continue to grow at the highest CAGR during the forecast period.
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TABLE OF CONTENTS
1. INTRODUCTION 16
1.1 SCOPE OF THE STUDY 16
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 16
2. KEY TAKEAWAYS 17
3. MARKET LANDSCAPE 19
3.1 MARKET OVERVIEW 19
3.2 MARKET SEGMENTATION 20
3.2.1 Global Optical Fiber Market - By Type 21
3.2.2 Global Optical Fiber Market - By Mode 21
3.2.3 Global Optical Fiber Market - By Composition 21
3.2.4 Global Optical Fiber Market - By End-user 21
3.2.5 Global Optical Fiber Market - By Geography 22
3.3 PEST ANALYSIS 23
3.3.1 North America PEST Analysis 23
3.3.2 Europe PEST Analysis 25
3.3.3 Asia Pacific PEST Analysis 27
3.3.4 Middle East and Africa PEST Analysis 29
3.3.5 South America PEST Analysis 31
About Us:
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.
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
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