Fiber Optics Market- Forecast(2018 - 2023)
Posted by Venkatesh on September 3rd, 2018
According to the new market research report by IndustryARC titled “Fiber Optics Market: By Type (Step-Index, Graded-Index); By Mode (Single, Multimode); By Cables ( Loose-Tube, Tight-Buffer); By Configuration ( Fiber Non-Imaging, Fiber Imaging, Fused Imaging); By Applications ( Military, Oil& Gas ,Others) & Forecast(2018 - 2023),” the market will be driven by advancement of technology and the growing need for internet are potential opportunities in the cable industry.
In terms of geographic regions, Asia-Pacific will be the major contributor to the market by 2023. This mainly attributes to the increased demand for optical cables from the countries like China, Japan, South Korea, and Taiwan. Currently China is the leading player for fiber optics products. With the growing marketplace for internet, the development of high-speed transmission network, and the government initiatives will present high growth opportunities for fiber manufacturers.
Selected Type and Application Analysis Done in the Full Report:
Fiber optics market is segmented into type, configuration, mode, cable, link components, and applications. The mode is further classified into single mode and multimode. The single mode and multimode fiber is mainly utilised in the areas of telecommunications, education institutes, and CATV companies. The relative cost of multi-mode fiber optics is high as compared with single mode, for its high band width and ability to handle multiple task functionality. Furthermore, the telecom sector is expected to grow over the forecast period, which in return will foster growth of the fiber optic wire market. On the other hand, the growing market for wireless communication will act as restraint to this industry.
Selected Driving Factors Mentioned in the Full Report
Leading concern like greater safety, security, requirement for 4G, LTE and FTTx and high speed transmissions levels incurred more demand for this advanced fiber optics over metal communication line.
Increase in the demand is also due to investments in the fields like telecommunication and information technology, and new developments in the countries like China, Brazil, U.S, India and Western and Eastern European countries.
The emergence of Internet of Things (IoT) will grip traction in the optical fiber market. IoT includes M2M communication, which enables devices to exchange and act upon information. A rapid growing adoption of 4G from 3G usage, is the most favourable factor behind the growth.
Key Players of the Fiber Optics Market
The Fiber Optics Market is Segmented as Indicated below:
The growing popularity in high bandwidth, long distance communication, and safety security will drive the demand for fiber optics market.
A. Fiber Optics Market -By Type
1. Step Index
B. Fiber Optics Market -By Configurations
1. Fiber Non-Imaging Configuration
1.1. Single Fiber
2. Fiber Imaging Configuration
2.1. Flexible Image scopes
3. Fused Imaging Configuration
3.1. Image Conduit
C. Fiber Optics Market - By Mode
1. Single Mode
D. Fiber Optics Market -By Cable
1. Loose-Tube Cables
E. Fiber Optics Market -By Link Components
1. Optical Transmitter
F. Fiber Optics Market -By Application
1. Engineering Applications
2. Industry and Medical Applications
3.1. Oil & Gas
G. Fiber Optics Market By Geography (16+ countries)
1. CommScope, Inc.
G. Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.
What can you expect from the report?
The Fiber Optics Market Report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Category
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Mr. Venkat Reddy
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About the AuthorVenkatesh
Joined: August 23rd, 2018
Articles Posted: 184
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