Optical Fiber Cable Market Competitive Scenario and Key Benefits & Revenues by 2025

Optical Fiber Cable Market Competitive Scenario and Key Benefits & Revenues by 2025

“The demand and usage for optical fiber has witnessed tremendous growth and they have numerous applications. Application in telecommunication sector is widespread which range from desktop computers to global networks.�

Global optical fiber cable market is expected to experience brisk growth owing to increase in demand for high speed data transfer. Huge investment for technological advancement is presumed to have positive impact on the market. Need for high speed connection throughout the building organization to increase efficiency is expected to further enhance the optical fiber cable market growth.

Cables that contain one or more than one optical fibers which are used to carry light are referred as optical fiber cable. The elements in fiber optics are individually coated by plastic layers and are contained within a protective tube according to the environment where optical fiber cable will be deployed. This cable is being adapted at high rate due to several advantages it has over the traditional metal wires. Such as greater bandwidth which allows them to carry more data, allow digital transmission and are lighter & thinner. The demand and usage for optical fiber has witnessed tremendous growth and they have numerous applications. Application in telecommunication sector is widespread which range from desktop computers to global networks. These includes voice, data, or video transmission over distances hundreds kilometres range.

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Increase in demand for better data transfer and internet connection is presumed to be the key driver for this industry. It is used for digital data transmission and is progressively being used to replace metal wires due to its effectiveness and high communication capacity. They are capable to provide effective and high speed data transfer as they do not get affected by the internal and external interferences. This system allows data transmission without

any physical medium requirement with the remote sensing technique usage. Thus this technique supports communication with inaccessible and remote regions. Due to better data transmission abilities it has been witnessed that telephonic sector has replaced the traditional wire by optical fibre cable in past years. Thus this is expected to contribute for the market expansion in the near future. All the communication connection through cable is presumed to employ optical fibre cable in the forecast period.

The cables require huge investment for the initial instalment which is presumed to hinder the market demand over the forecast period. Increase in concerns related to information security and safety is presumed to hamper the market growth. Moreover, alternative raw materials usage for information transfer is estimated to restrict the market growth. High manufacturing and maintenance cost involved is estimated to hinder market demand over the sever year period. Diminishing raw material used and complex manufacturing process involved for the production is expected to hinder market demand over the forecast period.There are different types of optical fiber cable such as optical fiber conductive, conductive general use, conductive plenum, conductive riser, non-conductive, nonconductive general use, non-conductive plenum, non-conductive riser, all dielectric self-supporting and composite overhead ground wire.

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The market can be segmented as oil & gas, military & aerospace, biomedical, telecommunication, utilities, private data networks and cable television among several others. Communication sector is projected to be major application segment which will adopt this technique over the seven year period owing to growth in desktop computers usage in organizations across the global networks.

The optical fiber cable market can be segmented based on regions as North America, Europe, Asia-Pacific, Middle East & Africa and Central & South America. North America rules the market due to the majority key player’s existence in this region. It has been witnessed in the recent past that the North America region is the one where most products are launched first thus the vendors from this region have competitive advantage over others. Among developed regions such as North America and Europe has dominated the regional demand and are expected to show similar trend over the seven year period. Developing regions such as Asia Pacific is projected to show rapid growth owing to increased demand in several application segments. Increase in new telecommunication technologies usage such as 4G mobile and FTTx applications usages is presumed to be the major growth factor for this region. Fiber to the x (FTTx) is a term which is collectively used for various optical fiber distribution topologies which are categorized based on where the fiber terminates. Asia Pacific region is projected to grow over forecast period owing to increased R&D activities and technological advancements. The growth in process industry and water treatment requirement is presumed to further increase the demand in this region.

The optical fiber cable market is highly cost intensive and requires heavy initial investment thus it is projected to restrict new market players. Industry participants are taking strong measures and investing heavily in R&D

initiatives to develop superior and efficient systems & control hubs. Prominent industry participants include Optical Cable Corporation, Birla Furukawa Fibre Optics Ltd., Sterlite Technologies Ltd., Ofs Fitel, Yangtze Optical Fiber & Cable Co. Ltd., Corning Inc., Fujikura Ltd, Finolex Cable Ltd., Australian Fibreoptic Communications and Prysmian Spa. Market Segment: Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Optical Fiber Cable in these regions, from 2013 to 2025 (forecast), covering • United States • EU • China • Japan • South Korea • Taiwan See More Reports of This Category by Million Insights @ https://www.millioninsights.com/industry/telecommunications-and-networks

Global Optical Fiber Cable market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including • Corning • CommScope • General Cable • Belden • AKSH OPTIFIBRE LIMITED • Himachal Futuristic Communications Limited (HFCL)

• Fujikura • Optical Cable Corporation (OCC) • OFS (Furukawa) • AFL Global On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into • Multimode Fiber • Single-mode Fiber On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including • Self-Supporting Aerial Cable • Duct Optical Cable • Armored Buried Cable • Submarine Optical Cable

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