The Plastic Optic Fiber (POF) segment is expected to register a significantly robust revenue growth rate over the forecast period. Plastic optical fibers are widely used in digital household appliances, home networks, and industrial connections for low-speed, short-distance applications. Plastic fibers play an important role in transmitting data in defense communication infrastructure and multimedia devices.
This report includes an exhaustive analysis of their product profiles to explore the products and applications their operations are concentrated on in the global Fiber Optics market. Additionally, the report gives two distinct market forecasts, one from the perspective of the producer and another from that of the consumer. Single-mode segment revenue is expected to expand at a significantly rapid CAGR during the forecast period as single-mode is being used for long-distance deployments spanning lengths from 2 meters to 10,000 meters.
Read More: https://www.emergenresearch.com/industry-report/fiber-optics-market
Some Key Highlights From the Report
High-speed fiber connection aids in the transmission of vast volumes of data from one point to another via network infrastructure. It is important in aerial drones for surveying and mapping, monitoring systems for preventing crimes, traffic control systems to avoid accidents or congestion, and smart homes to promote sustainable living. These are other factors expected to drive demand for fiber optics, which in turn is expected to augment market growth.
The market in Asia Pacific is expected to account for largest revenue share over the forecast period due to rapid industrialization and growing telecommunications industry.
Some major companies in the market 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 size of the market of the fiber optics market for the forecast period, 2020 - 2028?
What will be the estimated growth rate?
What are the major driving forces determining the future of the market worldwide?
Who are the major industry players dominating the industry and what have been their winning strategies to stay competitive?
What are the major challenges that are expected to hinder the development of the industry worldwide?
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
Couplers
Connectors
Transmitters
Amplifiers
Receivers
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
Regional Outlook: (Revenue, USD Billion; 2018-2028)
North America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (Rest of LATAM)
Get A FREE Sample of the Report: https://www.emergenresearch.com/request-sample/817
Table of Content
Chapter 1. Methodology Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021–2028
Chapter 3. Key Insights
Chapter 4. Fiber Optics Market Segmentation Impact Analysis
4.1. Fiber Optics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market driver’s analysis
4.2.2.1. Rising demand for fiber to the x (FTTx)
4.2.2.2. Increasing demand for Internet of Things (IoT) and cloud services
4.2.2.3. Increasing demand for fiber optics in smart city development
4.2.2.4. Rising utilization of fiber-based internet connection
4.2.3. Market restrains analysis
4.2.3.1. High implementation cost of fiber optics
4.2.3.2. Difficulties related to splicing of fiber optic cables
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Continue…
Related Reports.
Wi-Fi 6 Devices Market Size Worth USD 27.42 Billion in 2028
Gaming Console Market Size Worth USD 54.21 Billion in 2028
Smart Greenhouse Market Size Worth USD 3.16 Billion in 2028
Horticulture Lighting Market Size Worth USD 11.27 Billion in 2028
Smart Dust Market Size Worth USD 900.1 Million in 2028