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 covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market.The publication also dedicates individual chapters to various segments present in the market and the related sub-segments. In this study, our analysts provide historical revenues along with the estimated revenues for all the sectors. Sales of products and the evolution of end-users have also been inspected in this research report.
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Key Players Profiled 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 crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario. The chapter on geographical analysis assesses the regional markets. It takes an in-depth view of the volatile socio-political conditions, weather fluctuations, and annual budgets of nations to determine their effect on the global market.
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Key Objectives of the Report:
- Analysis and estimation of the fiber optics market 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 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
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
Regional Analysis of the fiber optics market Market:
- 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)
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Market Overview:
The research report on the fiber optics market market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the fiber optics market business sphere.
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