Press release
Single-mode Optical Fiber Market Projected to Hit $6,807 Million by 2025 | CommScope, Corning Inc., FiberHome, Fujikura Ltd., Furukawa Electronic Co. Ltd., Nexans S.A
According to a recent report published by Allied Market Research, titled,"Single-mode Optical Fiber Market by Mode, Type, and Industry Vertical: Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global single-mode optical fiber market was valued at $3,018 million in 2017, and is projected to reach $6,807 million by 2025, growing at a CAGR of 10.8% from 2018 to 2025.Some of the key players profiled in the report include CommScope, Corning Inc., FiberHome, Fujikura Ltd., Furukawa Electronic Co. Ltd., Nexans S.A., Sumitomo Electric Industries Ltd., Sterlite Technologies Ltd., The Prysmian Group, and Yangtze Optical Fiber and Cable Joint Stock Limited Company. These players have adopted various strategies to enhance their product offerings and increase their market penetration. For instance, in November 2019, Fujikura Ltd. launched ultra-low loss optical fiber for supplying a high-performance silica core fiber, FutureGuide-HSC, which is specially designed for next-generation long haul terrestrial networks.
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Surge in need for fast & improved networking and network services, widespread implementation of 5G, increase in adoption of fiber to the home (FTTH) connectivity, emergence of Internet of Things (IoT), and rise in demand for single-mode optical fiber due to shortage of fiber majorly contribute toward the growth of the global single-mode optical fiber market. However, high installation cost & increase in adoption of wireless communication systems are expected to hamper the growth of the global market.
Based on type, the G.652 segment dominated the global single-mode optical fiber market in 2017, and is expected to continue this trend during the forecast period, owing to its increased adoption in long haul and metro city networks. Furthermore, the G.657 segment is expected to grow at the highest CAGR during the forecast period, as it is the latest standard for FTTH applications, and along with G.652 it is the most commonly used in last drop fiber networks.
The global single-mode optical fiber market was led by the telecommunication & networking segment in 2017, and is projected to maintain its dominance during the forecast period. However, the CATV segment is expected to witness the highest growth in the near future, owing to increase in broadband penetration and digitalization of CATV, that is, fiber TV with the internet, fiber TV with intranet, and fiber TV.
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CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. RESEARCH METHODOLOGY
1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & Type ls
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.2.4. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015-2018 (%)
3.2.5. TOP WINNING STRATEGIES, BY COMPANY, 2015-2018
3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. KEY PLAYER POSITIONING, 2017
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Widespread implementation of 5G
3.5.1.2. Increasing adoption of fiber to the home (FTTH) connectivity
3.5.1.3. Emergence of internet of things (IoT)
3.5.1.4. Rising demand for single-mode optical fiber due to shortage of fiber
3.5.2. Restraint
3.5.2.1. High installation cost
3.5.2.2. Growth in the wireless communication systems
3.5.3. Opportunity
3.5.3.1. Technological advancements in the fiber optic cable technology
3.5.3.2. Rising investments in optical fiber cable (OFC) network infrastructure
Read Press Release on this Market: https://www.whatech.com/market-research/telecommunications/647575-the-road-to-2020-and-beyond-single-mode-optical-fiber-market-growing-at-excellent-cagr-of-10-8-by-2025
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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