Multimode Optical Fiber Market Analysis 2014-2019 and Forecast 2020-2024 - Global Market Expected to Witness a CAGR of Approx 16%
DUBLIN, Jan. 8, 2020 /PRNewswire/ -- The "Global Multimode Optical Fiber Market, By Product (Step Index & Gradient Index), By Application (Defence; IT & Telecom; Government; MSO (Triple Play), Healthcare & Others), By Material (Glass & Plastic), By Region, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.
The Global Multimode Optical Fiber Market is anticipated to grow at a CAGR of around 16% on account of high reliability and high capacity offered by the multimode fibers. Multimode optical fibers are gaining popularity as different signals can be transmitted through the same fiber due to difference in reflection angle.
Among applications, IT & Telecom segment is anticipated to account for the largest share during the forecast period on account of high demand for faster speed connections and greater bandwidth. Multimode optical fiber is also gaining prominence in medical sector for laser delivery systems and light illumination and conduction. Ongoing trend of minimally invasive surgeries and technological advancements are contributing to the growing share of multimode optical fibers in the medical sector.
On the basis of geography, the Global Multimode Optical Fiber Market is segmented into Asia-Pacific, North America, South America, Europe and Middle East & Africa. On account of implementation of projects such as smart cities in various economies of Asia-Pacific including China and India, the region is expected to account for the largest share and the trend is likely to continue in the forthcoming years as well. Also, emergence of Internet of things and fiber to home connectivity are further positively influencing the multimode optical fiber market in the region.
Major companies operating in the Global Multimode Optical Fiber Market include Corning Incorporated, Yangtze Optical Fibre and Cable, Furukawa Electric Co., Ltd., Hengtong Group Co Ltd., Prysmian group, Sumitomo Electric Industries, Ltd., Fiberhome Networks, Futong Group Co., Ltd., ZTT International Limited, and Fujikura Ltd., among others. The companies operating in the market are using growth strategies such as product development, mergers & acquisitions to increase their share in the market.
Years Considered
- Historical Years: 2014-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Period: 2020-2024
Objective of the Study
- To analyze and forecast the market size of the Global Multimode Optical Fiber Market.
- To forecast the Global Multimode Optical Fiber Market based on product, application, material and regional distribution.
- To identify drivers and challenges for the Global Multimode Optical Fiber Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Multimode Optical Fiber Market.
- To identify and analyze the profile of leading players operating in the Global Multimode Optical Fiber Market.
Key Topics Covered
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Global Multimode Optical Fiber Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product (Step Index; Gradient Index)
5.2.2. By Application (Defence; IT & Telecom; Government; MSO (Triple Play), Healthcare, Others)
5.2.3. By Material (Glass; Plastic)
5.2.4. By Company (2018)
5.3. Product Market Map
6. North America Multimode Optical Fiber Market Outlook
7. Europe Multimode Optical Fiber Market Outlook
8. Asia-Pacific Multimode Optical Fiber Market Outlook
9. Middle East & Africa Multimode Optical Fiber Market Outlook
10. South America Multimode Optical Fiber Market Outlook
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles
13.2.1. Company Details
13.2.2. Financials (as reported)
13.2.3. Key Market Focus & Geographical Presence
13.3. Global Players Profiled (Leading Companies)
13.3.1. Corning Incorporated
13.3.2. Yangtze Optical Fibre & Cable
13.3.3. Furukawa Electric Co. Ltd.
13.3.4. Hengtong Group Co. Ltd.
13.3.5. Prysmian Group
13.3.6. Sumitomo Electric Industries Ltd.
13.3.7. Fiberhome Networks
13.3.8. Futong Group Co. Ltd.
13.3.9. ZTT International Limited
14. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/7smg7p
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