Fiber Optics Market Size, Regional Outlook, Competitive Landscape, Revenue Analysis & Forecast Till 2028

Market Size – USD 4.54 Billion in 2020, Market Growth – at a CAGR of 9.9%, Market Trends – Increasing 5G deployment globally

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 primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Fiber Optics market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.

Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends:https://www.emergenresearch.com/industry-report/fiber-optics-market

Top competitors of the fiber optics Market profiled in the report include:

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.

The research provides answers to the following key questions:

  • What will be the growth rate of the fiber optics market for the forecast period, 2018 to 2028? What will be the market size and the share occupied by the prominent vendors by the estimated period?
  • What are challenges and threats faced by the prominent vendors operating in the fiber optics market?
  • Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
  • What are the past, present and emerging trends likely to influence the growth rate of the fiber optics market for the forecast period, 2018 to 2028?
  • What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?

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SCOPE OF THE REPORT

The study draws a forecast of the growth of the fiber optics market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

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
    1. Couplers
    2. Connectors
    3. Transmitters
    4. Amplifiers
    5. Receivers
    6. 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

In market segmentation by geographical regions, the report has analysed the following regions-       

   North America

   Europe

   Asia-Pacific

   Middle East and Africa

   Latin America  

 

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