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Market Research Report

Global Optical Fiber Cable Industry Analysis By Cable Type, By Optical Fibre Type (Glass, Plastic), By Application & By Geography With COVID-19 Impact | Market Outlook 2017-2030

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Market Overview

Growing demand for delivering high-speed data connection for different parts of an organization or building and efficient long distance telecommunication is fuelling the demand for fiber optic cables. With the advancement in fiber optics technology, global fiber optic cable demand increased by nearly 20% in 2017 as compared to 2015, whereas China’s demand for fiber optic cable was increased by 85% in 2016. Rising number of fiber to the home (FTTH) projects and network construction projects in countries such as China, Mexico, the US, France, Spain and the UK are propelling the growth of fiber optic cable market.

Global Fiber Optic Cable Market Segmentation

Based on Cable Type

  • Single Mode fiber Optic Cable
  • Multi-mode fiber Optic Cable

Based on Optical fiber Type

  • Glass optical fiber
  • Plastics optical fiber

Based on Application

  • Long-Distance Communication
  • Submarine Cable
  • Local Mobile Metro Network
  • CATV (Cable Antenna Television)
  • Industrial
  • Medical and military & aerospace applications
  • Others (Security, Fiber optics lighting)

Based on Geography

  • North America (U.S. & Canada) fiber Optic Cable Market
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) fiber Optic Cable Market
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) fiber Optic Cable Market
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) fiber Optic Cable Market
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) fiber Optic Cable Market

On the basis of cable type, single mode fiber optic cable occupied 48% of total market share in 2016 is projected to witness healthy growth during the forecast period owing to its low power loss during transmission as compared to multimode fiber optic cable. 

Trends, Drivers & Challenges to Market Growth

Adoption of FTTH (fiber to the home) Broadband Network has Caused Huge Demand for Optical Fiber Cable

According to our global fiber optic cable market study on the basis of extensive primary and secondary research: “one of the trends of fiber cable optic market is huge adoption of FTTH (fiber to the Home) connection high speed broadband network connectivity in buildings such as residential areas, apartment buildings and personal businesses. In 2017, over 65% of subscriptions were represented by FTTx mainly FTTH. Strong deployments of FTTH in Middle East & Africa region are supporting the growth of fiber optic cable market.”

High Transmission Capacity of optical fibers - Major Growth Factor

According to the report, “high efficiency and transmission capacity of fiber optic cable is one of the major drivers fuelling the adoption of fiber optic cable in different industry verticals. As there is no electromagnetic interference in fiber optics transmission and thus fiber optic cable has capability to transmit data at a speed of 10 Gbps.” Further, the report states that complexities in maintenance and operation of fiber optic cables may hinder the market growth during the forecast period.

Asia-pacific Anticipated to Witness Fastest Growth Rate of  11.5% During 2017-2030

Based on geography, North America region is the dominating region and accounted for nearly 32% market share of total fiber optic cable market in 2016. Asia-Pacific is the fastest growing region and is anticipated to grow at a CAGR of 11.5% during the forecast period. Moreover, expansion of communication networks in Middle East & Africa region is expected to flourish new opportunities for fiber optic cable market over the forecast period.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Covered In This Market Study on Optical Fibers Cables

The report covers the present ground scenario and the future growth prospects of the fiber optic cable market for 2017-2030 along with total fiber optic cable demand (million fiber-Km), supply and consumption in every region. We calculated the market size and revenue share on the basis of total cost & sales volume of fiber optic cable across the globe.

fiber optic cable market Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global fiber optic cable market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global fiber optic cable market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

COVID-19 impact on "Global Optical Fiber Cable Market"

The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Optical fiber Cable Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out. 

Key Market Players

Our global fiber optic cable market report comprises of the following companies as the key players in the fiber Optic Cable market:

  • Prysmian Group
  • HTGD
  • AFL
  • Furukawa Electric
  • Corning
  • YOFC
  • Futong Group
  • Fujikura
  • Sumitomo Electric.

Other high-flying vendors in the market are: Tongding Optic-Electronic , CommScope , Sterlite , FiberHome , Jiangsu Etern , ZTT , General Cable , Belden , Fasten Group , Nexans , Kaile, AFC, Optical Cable, Yangtze Optical fiber & Cable, Cable Joint Stock Limited Company, Ofs Fite, Finolex Cable Limited, Australian fiberoptic Communications and LS

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Key questions answered in this fiber optic cable report

  • What is the estimated total market size by 2030 what would be the expected growth rate of fiber optic cable market and other market statistics.
  • What are the technologies and regulatory landscape for the fiber optic cable in every region and what would be the opportunities over the forecast period?
  • What are the current supplies and consumption of fiber optic cable in major countries and what would be the demand over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth and other dynamics that can impact the growth.
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments, business strategy of the key players.

We can provide two hour complimentary interaction with our analyst after the purchase of this market report. Details are imparted within the report.


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Global Optical Fiber Cable Industry Analysis By Cable Type, By Optical Fibre Type (Glass, Plastic), By Application & By Geography With COVID-19 Impact | Market Outlook  2017-2030

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