Fiber Optical Cable Market Growth Opportunities, Trends, Segments Analysis and Forecast to 2030
The fiber optic cable market report describes and explains the global fiber optic cable market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The fiber optic cable market consists of sales of fiber optic cables and related services that are used in telecom, CATV, broadcasting, military/aerospace, healthcare, power, and new energy. A fiber optic cable is an optical cable containing one or more optical fibers that are capable of transmitting the messages into light waves.
The global fiber optical cable market is expected to grow from $38.95 billion in 2020 to $47.96 billion in 2021 at a compound annual growth rate (CAGR) of 23.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $100.07 billion in 2025 at a CAGR of 20%.
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Some of the major players of the fiber optic cable market are Corning Inc., Sumitomo Electric Industries Ltd, Prysmian Group, Sterlite Technologies Ltd, Fujikura Ltd, TE Connectivity, 3M, Amphenol, Molex, Prysmian, Finisar Corporation, AFL Communications LLC, General Cable Corporation, LS Cable & System (LS Group), Yangtze Optical Fiber and Cable Joint Stock Ltd Co., Furukawa Electric Co. Ltd, HUBER + SUHNER, Nexans, LS cable, Aptiv, YOFC, HTGD, Radiall, OFS Furukawa, Belden, CommScope, Leoni AG, Furukawa Electric Co. Ltd., Coherent Inc., Hengtong (HTGD.
The countries covered in the global fiber optic cable market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global fiber optic cable market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global fiber optic cable market is segmented -
1) By Product Type: Single-mode Cable, Multi-mode Cable
2) By Application: Telecom, Oil & Gas, Military & Aerospace, BFSI, Medical, Imaging, Railway, Others
3) By Type: Glass Optical Fiber, Plastic Optical Fiber
Read More On The Global Fiber Optic Cable Market Report:
Few Points From Table Of Content
1. Executive Summary
2. Fiber Optic Cable Market Characteristics
3. Fiber Optic Cable Market Trends And Strategies
4. Impact Of Covid-19 On Fiber Optic Cable
5. Fiber Optic Cable Market Size And Growth
26. Africa Fiber Optic Cable Market
27. Fiber Optic Cable Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fiber Optic Cable Market
29. Fiber Optic Cable Market Future Outlook And Potential Analysis
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