Demand for High Speed Connectivity for Industries in Asia Pacific Makes it Lucrative Region, Global Valuation of Fiber Optic Cables Market to Reach ~US$ 15 Bn by 2030 - TMR

ALBANY, New York, June 9, 2020 /PRNewswire/ -- Rapidly growing demand for high-speed connectivity in various sectors, notably in IT and telecommunication, healthcare, and energy, especially in developing regions is key to use of fiber optic cables. They are gathering traction among network providers to enable industries to send and access high-speed data reliably.

In recent times, large-scale deployment of cloud based storage solutions has spurred use of fiber optic cables in networks. The global fiber optic cables market is projected to garner CAGR of ~7% during 2020–2030, taking its valuation to touch ~US$ 15 bn by the end of 2030. The unveiling of fiber optics multiplex equipment and adoption of wavelength division multiplexing are promising trends.

Analysts note that the current COVID-19 lockdown has halted construction of new optical networks; however, post-COVID era will bring lucrative avenues. This is underpinned mainly by large-scale fiber optic projects, such in the U.S., they further assert.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=77447 

Key Findings of Fiber Optic Cables Market Report

• Of the different fiber types, single-mode fiber holds a remarkably high share; the opportunities are expected to rise at rapid pace during the assessment period
• Among the various end-use industry, the IT and telecom industry is expected to offer substantial opportunities to players in fiber optic cables market
• Of the various regions, Asia Pacific leads the pack, with the major share of revenue contributed by China; rapid pace of deployment of single-mode optical fiber cables keeps the country market increasingly lucrative
• North America and Europe anticipated to grow at impressive CAGR during 2020 - 2030

Explore 253 pages of top-notch research, incisive insights, and detailed country-level projections of Fiber Optic Cable Market (Fiber Type: Single-mode Fiber, Multi-mode Fiber, and Others; Cable Design: Ribbon Tube, Loose Tube, Tight Buffered, Central Core, and Others; Deployment: Underground, Underwater, Aerial, and Others; and End-use Industry: IT & Telecommunication, Energy & Power, Healthcare, Aerospace & Defense, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/fiber-optic-cable-market.html

Global Fiber Optic Cables Market: Key Driving Factors and Promising Avenues

A wide range of networks use fiber optic cables, such as gigabit Ethernet, fiber distributed data interface, asynchronous transfer mode, and synchronous optical networking. Some of the end-use industry-driven trends that expected to shape the contours of the fiber optic cables market from 2020 to 2030 are mentioned as follows:

• Demand for bandwidth-intensive data files in telecom, IT, defense, and aerospace industries have propelled the growth of fiber optic cables market
• Demand for 24x7 high-speed connectivity services among enterprises is a key trend. Fiber optic cables are extensively being used in installation and upgrade of new cabling infrastructure, thus bolstering growth in fiber optic cables market
• Construction of new 5G network architecture in a number of developing and developed economies across the world may prove to be a promising trend in the deployment of fiber optic cables
• Focus of governments to promote network infrastructure has spurred investments in new error detection techniques between transmitters and receivers. This has cemented the potential if fiber optic cables market
• Deployment of multi-mode fibers in large-scale data centers is boosting revenues in fiber optic cables market.

Request the coronavirus impact analysis across industries and markets at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=77447

Global Fiber Optic Cables Market: Regional Assessment

Among the various regions, Asia Pacific held the top share in 2019 in the fiber optic cables market. The regional market has witnessed a notable rise in production of fiber optic networks to support advanced networking technology for use in several industries. Both India and China will key to the revenues in the regional market. Meanwhile, the Middle East and Africa is expected to rise at moderate growth, fueled on the back of industry collaborations in the developing economies of the region. 

Analyze Global Wireless Charging ICs Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea, Request a sample of the study.

Global Fiber Optic Cables Market: Key Impediments

The fiber optic cables market witnesses considerable snags from large-scale deployment. The lack of industry standards has constrained the demand for fiber optic cables, even in developed countries, such as in the U.S. The incompatibility also has kept the deployment slow among businesses in various end-use industries.

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/77447

Global Fiber Optic Cable Market: Segmentation

Fiber Optic Cable Market, by Fiber Type

• Single-mode Fiber
• Multi-mode Fiber
• Others

Fiber Optic Cable Market, by Cable Design

• Ribbon Tube
• Loose Tube
• Tight Buffered
• Central Core
• Others

Fiber Optic Cable Market, by Deployment

• Underground
• Underwater
• Aerial
• Others

Fiber Optic Cable Market, by End-use Industry

• IT & Telecommunication
• Energy & Power
• Healthcare
• Aerospace & Defense
• Others

Fiber Optic Cable Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

Explore Transparency Market Research's award-winning coverage of the Global Electronics & Semiconductors Industry:

Laser Designator Market – Scientific and technical progress over the past decade has played a key role in increasing the deployment of lasers in the defense sector. The growing demand for laser designators for airborne military applications is another major factor that is likely to boost the prospects of the laser designator market during the assessment period.

Pulsed Laser Deposition Systems Market – The demand for solar energy systems has witnessed exponential growth worldwide in the past few years and the trend is set to continue in the forthcoming years– a factor that is likely to boost the pulsed laser deposition systems market during the forecast period. Pulsed laser deposition systems are increasingly being used to develop carbon thin films with the enhanced crystal structure.

AC-DC Power Supply Adapter Market – The power supply sector has witnessed notable technological advancements over the past couple of decades. The growing demand for AC-DC power supply adapters for use in low-voltage high current processor applications is a major factor that is likely to provide an impetus for growth of the AC-DC power supply adapter market in the upcoming years.

Sensor Signal Conditioner (SSC) ICs Market – Unmanned aerial vehicle (UAV) propulsion systems are witnessing commercial applications beyond their traditional relevance in the military and Defense sector, and are likely to draw volume sales tantamount to ~5.8 Bn units by the end of 2027.

Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: [email protected] 
Website: http://www.transparencymarketresearch.com 
Blog: https://tmrblog.com/

SOURCE Transparency Market Research