Press release
2022 Fiber Optic Cable Market To Witness Huge Growth By 2031 | Corning Inc., Sumitomo Electric Industries Ltd, Prysmian Group, Sterlite Technologies Ltd, Fujikura Ltd
Fiber Optic Cable Market
The regions covered in the fiber optic cable market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions
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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.
Key competitors in the fiber optic cable market include Corning Inc., Sumitomo Electric Industries Ltd, Prysmian Group, Sterlite Technologies Ltd, Fujikura Ltd, TE Connectivity, 3M, Amphenol, Molex, Prysmian, Finisar Corporation, and AFL Communications LLC.
The global fiber optical cable market size is expected to grow from $66.54 billion in 2021 to $89.91 billion in 2022 at a compound annual growth rate (CAGR) of 35.1%.The growth in the market 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 fiber optic cables market is expected to reach $227.54 billion in 2026 at a CAGR of 26.1%.
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TBRC's report segments the global fiber optic cable market:
1) By Product Type: Single-Mode Cable, Multi-Mode Cable
2) By Application: Telecom, Oil and Gas, Military and Aerospace, BFSI, Medical, Imaging, Railway, Others
3) By Type: Glass Optical Fiber, Plastic Optical Fiber
Read Further On The Fiber Optic Cable Market Here:
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The Table of Contents includes:
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
30. Appendix
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