The global fiber optics market size reached USD 4.54 Billion in 2020 and is expected to register a revenue CAGR of 9.9%, during the forecast period, according to latest analysis by Emergen Research. Increasing demand for Fiber to the x (FTTx), as well as increased need for fiber optics in smart city infrastructure are among some major factors driving global fiber optics market revenue growth. In addition, increasing 5G deployment is expected to boost revenue growth of the market in the near future. Interconnected technologies play a significant role in smart city environments for transmitting, collecting, and converting data into useful information to build and improve infrastructural facilities.
The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others. In the last chapter, the analysts give the competitive landscape of the global fiber optics market market. The chapter also contains comments and recommendations by Emergen research to help the readers make well-informed decisions for their businesses during the forecast period. The chapter on the competitive landscape delivers a list of accomplishments of companies so far and mergers and acquisitions as well as product innovations.
To know more about the report, visit @https://www.emergenresearch.com/industry-report/fiber-optics-market
The key companies studied in the report are:
Finisar Corporation, Corning Incorporated, Prysmian S.p.A., General Cable Corporation, Optical Cable Corporation, Sterlite Technologies Limited, Leoni AG, Sumitomo Electric Industries, Ltd., Furukawa Electric Co., Ltd., and America Fujikura Ltd.
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The report studies the historical data of the fiber optics market market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the fiber optics market industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the fiber optics market market.
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The report addresses the following key points:
- The report estimates the expected market size from 2020-2027
- The report provides a forecast of market drivers, restraints, and future opportunities for the fiber optics market market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
Emergen Research has segmented the global fiber optics on the basis of components, fiber type, cable type, application, and region:
Components Outlook (Revenue, USD Billion; 2018–2028)
- Hardware
- Couplers
- Connectors
- Transmitters
- Amplifiers
- Receivers
- Others
- Software
- Services
Fiber Type Outlook (Revenue, USD Billion; 2018–2028)
- Plastic Optical Fiber (POF)
- Glass Optical Fiber
Cable Type Outlook (Revenue, USD Billion; 2018–2028)
- Single-mode
- Multi-mode
Application Outlook (Revenue, USD Billion; 2018–2028)
- Oil Gas
- Healthcare
- Telecommunication
- BFSI
- Aerospace Defense
- Industrial
- Government
- Others
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.
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