Global Fiber Optics Market is expected to reach $10.84 billion by 2027 growing at a CAGR 12.0% during 2018 to 2027.

Some of the key players profiled in the Fiber Optics Market include Corning Inc., The Prysmian Group, Sterlite Technologies Ltd, Leoni AG, Hitachi Cable Ltd, Futong, Fujikura, Sumitomo, Tongding, CommScope, General Cable, Belden, Fasten and Furukawa.

Increasing demand for the internet, growing need for Fttx and growth in the telecom industry are the major factors driving the market growth. However, high initial acquisition and installation costs are restraining market growth.

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Fiber optics is one of the methods of transmitting data that works by sending pulses of light through an optical fiber. The light transmitted then forms an electromagnetic carrier wave balanced to convey data. Fiber optics cable is utilized mostly for digital transmission of information and is increasingly being used because of its efficiency and high transmission capacity. Fiber optic cables are utilized commonly when high bandwidth, long-distance, or immunity from external or internal interferences is required.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to the technological advancements, large-scale adoption of the technology in IT and Telecommunication as well as administrative sector and the increasing application of fiber optics in the medical sector across the countries, such as China, Japan, and India.

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On the basis of geography, North America is anticipated to hold considerable market share during the forecast period which is attributed to the increasing demand for electricity from the important economies.

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Types Covered:
• Tight-Buffer
• Loose-Tube

Index Types Covered:
• Step Index
• Graded Index

Cable Types Covered:
• Plastic Optical Fiber (POF)
• Multi-mode
• Single-mode

Optical Fiber Types Covered:
• Plastics
• Glass

Components Covered:
• Couplers
• Amplifiers
• Connectors
• Transmitters & Receivers

Configurations Covered:
• Fiber Non-Imaging
• Fiber Imaging
• Fused Imaging

Applications Covered:
• Non-communication
• Communication

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Organization: Stratistics Market Research Consulting Pvt Ltd
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Release ID: 88960953