Press release
Fiber Optic Preform Market Key Players & Growth Rate and Forecasts to 2025
The global fiber optic preform market size was valued at USD 2.5 Billion in 2018 and is anticipated to register a CAGR of 19.6% from 2019 to 2025.Fiber optic preforms are flexible, transparent fiber cables which are used to make optical fibers. This is the backbone of fiber optic cable. Optical fibers are made up of high-quality glass, plastic, and silica that works on the principle of total internal reflection of light. The increase in popularity of the high-speed internet bandwidth connection is propelling the growth of the fiber optic preform market.
These preforms are used to make optical fibers, which can potentially transmit data at high speed. Optical fibers are flexible transparent fiber cables made up of high-quality glass, plastic, and silica that operate on the principle of total internal reflection of light. Fiber optic are mostly used for light transmission and illumination, laser delivery systems, and flexible bundling. Intensive research and development into the fiber optic technology have led to several innovations and enabled a myriad of applications for optical fibers in oil and gas, medical, utilities, and defense industries.
Telecommunication and information technology are among the major industries that rely significantly on an optical fiber network infrastructure. The demand for fiber optic cables has been rising in line with the evolving fiber-rich network infrastructure. The growing demand for high bandwidth communication is one of the prominent drivers for optical fibers and hence the preform market.
While the myriad of innovations the telecommunication industry has been witnessing have paved the way for bandwidth-intensive communication based on fiber optic network, optical fibers are also finding applications in other industries, including oil and gas, aerospace, defense, railway, and healthcare among others.
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Global Fiber Optic Preform Market: Major Players
Corning
Shin-Etsu Chemical Co., Ltd
TKH Group
Hengtong
Furukawa Electric
Yangtze Optical FC
Fasten Group
Jiangsu Zhongtian Technology
SEFC
Fujikura Ltd.
Sumitomo Electric Industries
Fiberhome
Tongding Group
Prysmian
Global Fiber Optic Preform Market: Types
VAD
OVD
PCVD
MCVD
Global Fiber Optic Preform Market: Applications
Single-Mode Fiber Optic
Multi-Mode Fiber Optic
Global Fiber Optic Preform Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Fiber Optic Preform market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Some of the key questions answered in this report:
What is the size of the overall Fiber Optic Preform market and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities and challenges of the Fiber Optic Preform market and how they are expected to affect the market?
What are the attractive investment opportunities within the Fiber Optic Preform market?
What is the Fiber Optic Preform market size at the regional and country-level?
Who are the key market players and their key competitors?
What are the strategies for growth adopted by the key players in Fiber Optic Preform market?
What are the recent trends in Fiber Optic Preform market? (MandA, partnerships, new product developments, expansions)?
What are the challenges to the Fiber Optic Preform market growth?
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