Fiber Optics Market Global Industry Growth Prospects and Opportunity Assessment by 2028

Increasing demand for fiber to the x and for fiber optics in smart city development projects are some key factors driving global fiber optics market revenue growth

The Global Fiber Optics Market research, released by Emergen Research, provides in-depth analyses of the industry's fundamental mechanisms and structure. The report delves deeply into the major industry segments and sub-categories and provides a comprehensive analysis of the competitive environment, main regional markets, product and application segments, technology landscape, sales distribution networks, and significant industry data. The report's market insights were produced through in-depth market research, in-depth market surveys, and expert interviews.

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 majorfactors 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. High-speed fiber connection aids in the transmission of vast volumes of data from one point to another via network infrastructure. It is important in aerial drones for surveying and mapping, monitoring systems for preventing crimes, traffic control systems to avoid accidents or congestion, and smart homes to promote sustainable living. These are other factors expected to drive demand for fiber optics, which in turn is expected to augment market growth.

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Competitive Terrain:

The global Fiber Optics industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed 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

The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Overview:

The report bifurcates the Fiber Optics market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Components Outlook (Revenue, USD Billion; 2018–2028)

    • Hardware
      1. Couplers
      2. Connectors
      3. Transmitters
      4. Amplifiers
      5. Receivers
      6. 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

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Points Covered in This Section:

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate

Key Objectives of the Report:

  • Analysis and estimation of the Fiber Optics market size and share for the projected period of 2020-2027
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Fiber Optics market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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