The global optical fiber market is estimated to grow at a CAGR of 11.7% during the forecast period 2016 - 2025 and accounts for US$ 27.88 Bn in the year 2025.
The global optical fiber market is segmented based on types as: step indexed optical fiber and graded indexed optical fiber. On the basis of end-user optical fiber market can be further divided into Broadcast, IT & Telecom, and Industrial, Defense, Medical and Others.
One of the prime factors that are driving the demands for optical fiber cables is the growing needs for fast and improved networking and network services and growing penetration of broadband connections among developed and developing countries. Governments of various countries worldwide have laid their stress on the reach of high speed internet services in urban and rural areas of their countries. A fiber optic cable ensures maximum reach out of services with very less attenuations, higher bandwidths and greater reliability over longer distances as a result of which three has been a meteoric rise in its implementations in various corners of the globe.
The growth of upcoming technologies, more popularly referred to as SMAC (Social, Mobility, Analytics and Cloud) demands for higher bandwidth cables. The capabilities of existing legacy copper wire cables does not match with the requirements of these technologies. As the amount and speed of transfer of data over the copper wire cables seemed to be very limited and incapable of serving the ever increasing data transmission demands, there has been a need for replacing these cables with better suited alternatives that remain cost effective as well as performance effective.
The key players profiled in the report are Corning Inc., Prysmian SpA, Yangtze Optical Fiber and Cable Co Ltd, Fujikura Limited, Sterlite Technologies, Finolex Cable Limited, OFS Fitel, LLC, Alcatel Lucent, Broadcom Limited and Amphenol Corporation.
Key Topics Covered:
1 Introduction 1.1 Scope of Study 1.2 Research Report Guidance
2 Key Takeaways
3 Optical Fiber Market Landscape 3.1 Market Overview 3.2 Market Segmentation 3.2.1 Optical Fiber Market - By Types 3.2.2 Optical Fiber Market - By End-users 3.2.3 Market - By Region 184.108.40.206 By Countries 3.3 PEST Analysis 3.3.1 North America - PEST Analysis 3.3.2 Europe - PEST Analysis 3.3.3 Asia Pacific - PEST Analysis 3.3.4 Middle East and Africa - PEST Analysis 3.3.5 South America - PEST Analysis