Global Fiber Optics Market is anticipated to reach USD 9.12 billion by 2025. Fiber Optics are extensively used in biomedical and medical field in the form of sensors, laser delivery systems, imaging, and illumination. Insensitivity to electromagnetic disturbance and small dimension of the fiber make it the most important and dominant application in medicine.

The factors that propel the growth of the fiber optics industry include growing demand from Internet-based applications such the over-the-top content, Internet of Things, and video streaming. On the other hand, there are factors that may hamper the growth of the market including higher cost compared to coaxial cable. Fiber Optics Market is anticipated to grow at a significant CAGR of 5.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Fiber optics industry may be explored by type, application, optical fiber type, and geography. The market may be explored by type as Multimode, Plastic Optical Fiber (POF), and Single Mode. The “Single Mode Optical Fiber” segmehttps://bit.ly/3xOqw4gnt led the market in 2016 and anticipated to maintain its dominance by 2025 due to growing demand for single mode cable in the country.

The key applications that could be explored in the fiber optics market include Communications may be include Premises, Telecom, Utility, Military, CATV, Industrial, Metropolitan, and Security, Non-communications may be comprise Fiber Optic Lighting, and Sensors. The “Cable Antenna Television (CATV)” segment led the market in 2016 and anticipated to maintain its dominance by 2025 owing to use of flexible government taxation policies, high definition content, and rapid technological advancements in products & product offerings.

The fiber optics industry could be explored based on optical fiber type as Plastics optical fiber, and Glass optical fiber. The “Glass optical fiber” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 owing to rapidly increasing telecom applications in developing economies, efforts being taken by administrations of several countries to surge network connectivity and shifting customer inclinations.

Asia-Pacific accounted for the major share of the Fiber Optics Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include increased industrialization, the rising telecom industry, and rise in demand for the internet from developing countries.

Some of the key players that fuel the growth of the fiber optics industry comprise Hindustan Cables Limited, Simco-Groups., Optical Cable Corporation, The Lapp Group, and OFS Fitel, LLC. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Type Outlook (Revenue, USD Million; 2014 - 2025)
    • Single Mode
    • Multimode
    • Plastic Optical Fiber (POF)

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By 2025, the global fiber optics market size is projected to grow to more than USD 30 billion owing to wider adoption by the telecommunication sector. Fiber optics is capable of offering higher bandwidth at reduced attenuation and is suitable for long-haul networks compared to copper wires. These benefits make fiber optics the ideal solution for deployment in 5G and fiber-to-the-home networks by telecoms and are further driving the global fiber optics market growth. Additionally, medical fiber optics application such as endoscopy and laser therapeutics are also expected to surge in demand during the estimated period driving the market growth of global fiber optics market.

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Adroit Market Research studied Global Fiber Optics Market Size by Type (Single mode and Multi-mode), by Material Type (Glass and Plastic), by Vertical (Telecommunication & Broadcasting, Networking infrastructure, Oil & Gas, Automotive, Defense & Aerospace, Healthcare, Rail networks, and Others) and by Region. The fiber optics market analysis includes value chain, Porter’s Five Forces analysis, market drivers, restraints, opportunities and key market developments of major players. We have estimated the global fiber optics market growth from 2018 to 2025 based on impactful developments in vital verticals. The study also includes fiber optics market size (USD million) by type, material type and vertical for major countries.

The single mode fiber optics market will continue its dominance over multi-mode during the forecast period in global fiber optics market. Single mode fiber optics is capable of higher bandwidth data-transmission over long-haul networks. This is the reason it has been adopted widely in front and backhaul in the next generation of networks such as 5G and fiber to the home. Owing to the explosive growth of the next generation of networks, single mode is expected to have a share of more than 70% in the global fiber optics market.

By the end of 2025, the glass fiber optics segment is anticipated to have a share of >72% in the global fiber optics market as it has been widely deployed for transmission and communication of data. Characteristics such as larger bandwidth capabilities; immunity to interference from electromagnets, radio frequencies & external vibrations and light weight are projected to drive its applications in verticals such as telecom, oil & gas, military & defense and rail networks driving the growth of the global glass fiber optics market.

Increased demand for over the top services (OTT), internet of things (IoT), smart cities and other smart infrastructure has created numerous amount of data, is demanding a higher bandwidth network. Owing to which the telecommunication and broadcasting sector have been investing heavily in the fiber networks to support its high bandwidth networks such as 5G and fiber-to-the-home (FTTH). This coupled with government initiatives from European courtiers such as Spain, Germany and France to achieve the aim of gigabit society, is projected to further increase the fiber adoption in the telecommunication sector. Owing to investments by telecom players and government initiatives, fiber optics in telecommunication is expected to account to more than USD 16 billion by 2025 in the global fiber optics market.

Asia Pacific will continue to be the chief consumer in the global fiber optics market by 2025 and account for nearly half of the total share of the global fiber optics market size. Increased penetration and early adoption to fiber-to-the-home (FTTH) by countries like China, South Korea, and Japan initiated growth of fiber optics market in the region. Further, heavy investments in 5G networks coupled with government initiatives such as Digital China & Broadband China and smart city projects in China are expected to increase fiber optics demand in the region during the estimated period boosting the global fiber optics market.

Browse the complete report @ https://www.adroitmarketresearch.com/industry-reports/fiber-optics-market

The global fiber optics market is dominated by players such as Corning Inc., The Prysmian Group, Sterlite Technologies Ltd., Leoni AG, Hitachi Cable Ltd., Birla Furukawa Fibre Optics Limited, YOFC, Optical Cable Corporation, and AFL Telecommunications LLC. Long-term strategic agreements with players from different verticals is a key strategy along with mergers and acquisition of players in global fiber optics market. In April 2017, Verizon Communications Inc. a player in telecommunication announced a three-year minimum purchase agreement with Corning Inc. The agreement calls for Corning Inc. to provide Verizon 20 million kilometers (12.4 million miles) of optical fiber each year from 2018 through 2020.

Segment overview of global fiber optics market

Type Overview, 2015-2025 (USD million)

Single mode

Multi-mode

Material Type Overview, 2015-2025 (USD million)

Glass

Plastic

Application Overview, 2015-2025 (USD million)

Telecommunication and IT

Oil and gas

Automotive

Defense and aerospace

Healthcare

Rail network

Others

Regional Overview, 2015-2025 (USD million)

North America

U.S.

Canada

Europe

France

Germany

Spain

Rest of Europe

Asia Pacific

India

Japan

China

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

UAE

Saudi Arabia

Qatar

Rest of Middle East and Africa

Place a purchase order of this report @ https://www.adroitmarketresearch.com/researchreport/purchase/396

About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Info:

Ryan Johnson

Adroit Market Research

3131 McKinney Ave Ste 600,

Dallas, Texas – 75204, U.S.A

Phone No: +1 (214) 884-6068

Email: sales@adroitmarketresearch.com

Adroit Market Research studied Global Fiber Optics Market Size by Type (Single mode and Multi-mode), by Material Type (Glass and Plastic), by Vertical (Telecommunication & Broadcasting, Networking infrastructure, Oil & Gas, Automotive, Defense & Aerospace, Healthcare, Rail networks, and Others) and by Region. The fiber optics market analysis includes value chain, Porter’s Five Forces analysis, market drivers, restraints, opportunities and key market developments of major players. We have estimated the global fiber optics market growth from 2018 to 2025 based on impactful developments in vital verticals. The study also includes fiber optics market size (USD million) by type, material type and vertical for major countries.

Request a sample of this report @ https://www.adroitmarketresearch.com/contacts/request-sample/396

By 2025, the global fiber optics market size is projected to grow to more than USD 30 billion owing to wider adoption by the telecommunication sector. Fiber optics is capable of offering higher bandwidth at reduced attenuation and is suitable for long-haul networks compared to copper wires. These benefits make fiber optics the ideal solution for deployment in 5G and fiber-to-the-home networks by telecoms and are further driving the global fiber optics market growth. Additionally, medical fiber optics application such as endoscopy and laser therapeutics are also expected to surge in demand during the estimated period driving the market growth of global fiber optics market.

The single mode fiber optics market will continue its dominance over multi-mode during the forecast period in global fiber optics market. Single mode fiber optics is capable of higher bandwidth data-transmission over long-haul networks. This is the reason it has been adopted widely in front and backhaul in the next generation of networks such as 5G and fiber to the home. Owing to the explosive growth of the next generation of networks, single mode is expected to have a share of more than 70% in the global fiber optics market.

By the end of 2025, the glass fiber optics segment is anticipated to have a share of >72% in the global fiber optics market as it has been widely deployed for transmission and communication of data. Characteristics such as larger bandwidth capabilities; immunity to interference from electromagnets, radio frequencies & external vibrations and light weight are projected to drive its applications in verticals such as telecom, oil & gas, military & defense and rail networks driving the growth of the global glass fiber optics market.

Increased demand for over the top services (OTT), internet of things (IoT), smart cities and other smart infrastructure has created numerous amount of data, is demanding a higher bandwidth network. Owing to which the telecommunication and broadcasting sector have been investing heavily in the fiber networks to support its high bandwidth networks such as 5G and fiber-to-the-home (FTTH). This coupled with government initiatives from European courtiers such as Spain, Germany and France to achieve the aim of gigabit society, is projected to further increase the fiber adoption in the telecommunication sector. Owing to investments by telecom players and government initiatives, fiber optics in telecommunication is expected to account to more than USD 16 billion by 2025 in the global fiber optics market.

Asia Pacific will continue to be the chief consumer in the global fiber optics market by 2025 and account for nearly half of the total share of the global fiber optics market size. Increased penetration and early adoption to fiber-to-the-home (FTTH) by countries like China, South Korea, and Japan initiated growth of fiber optics market in the region. Further, heavy investments in 5G networks coupled with government initiatives such as Digital China & Broadband China and smart city projects in China are expected to increase fiber optics demand in the region during the estimated period boosting the global fiber optics market.

Browse the complete report @ https://www.adroitmarketresearch.com/industry-reports/fiber-optics-market

The global fiber optics market is dominated by players such as Corning Inc., The Prysmian Group, Sterlite Technologies Ltd., Leoni AG, Hitachi Cable Ltd., Birla Furukawa Fibre Optics Limited, YOFC, Optical Cable Corporation, and AFL Telecommunications LLC. Long-term strategic agreements with players from different verticals is a key strategy along with mergers and acquisition of players in global fiber optics market. In April 2017, Verizon Communications Inc. a player in telecommunication announced a three-year minimum purchase agreement with Corning Inc. The agreement calls for Corning Inc. to provide Verizon 20 million kilometers (12.4 million miles) of optical fiber each year from 2018 through 2020.

Segment overview of global fiber optics market

Type Overview, 2015-2025 (USD million)

Single mode

Multi-mode

Material Type Overview, 2015-2025 (USD million)

Glass

Plastic

Application Overview, 2015-2025 (USD million)

Telecommunication and IT

Oil and gas

Automotive

Defense and aerospace

Healthcare

Rail network

Others

Regional Overview, 2015-2025 (USD million)

North America

U.S.

Canada

Europe

France

Germany

Spain

Rest of Europe

Asia Pacific

India

Japan

China

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

UAE

Saudi Arabia

Qatar

Rest of Middle East and Africa

Place a purchase order of this report @ https://www.adroitmarketresearch.com/researchreport/purchase/396

About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Info:

Ryan Johnson

Adroit Market Research

3131 McKinney Ave Ste 600,

Dallas, Texas – 75204, U.S.A

Phone No: +1 (214) 884-6068

Email: sales@adroitmarketresearch.com

Adroit Market Research studied Global Fiber Optics Market Size by Type (Single mode and Multi-mode), by Material Type (Glass and Plastic), by Vertical (Telecommunication & Broadcasting, Networking infrastructure, Oil & Gas, Automotive, Defense & Aerospace, Healthcare, Rail networks, and Others) and by Region. The fiber optics market analysis includes value chain, Porter’s Five Forces analysis, market drivers, restraints, opportunities and key market developments of major players. We have estimated the global fiber optics market growth from 2018 to 2025 based on impactful developments in vital verticals. The study also includes fiber optics market size (USD million) by type, material type and vertical for major countries.

Request a sample of this report @ https://www.adroitmarketresearch.com/contacts/request-sample/396

By 2025, the global fiber optics market size is projected to grow to more than USD 30 billion owing to wider adoption by the telecommunication sector. Fiber optics is capable of offering higher bandwidth at reduced attenuation and is suitable for long-haul networks compared to copper wires. These benefits make fiber optics the ideal solution for deployment in 5G and fiber-to-the-home networks by telecoms and are further driving the global fiber optics market growth. Additionally, medical fiber optics application such as endoscopy and laser therapeutics are also expected to surge in demand during the estimated period driving the market growth of global fiber optics market.

The single mode fiber optics market will continue its dominance over multi-mode during the forecast period in global fiber optics market. Single mode fiber optics is capable of higher bandwidth data-transmission over long-haul networks. This is the reason it has been adopted widely in front and backhaul in the next generation of networks such as 5G and fiber to the home. Owing to the explosive growth of the next generation of networks, single mode is expected to have a share of more than 70% in the global fiber optics market.

By the end of 2025, the glass fiber optics segment is anticipated to have a share of >72% in the global fiber optics market as it has been widely deployed for transmission and communication of data. Characteristics such as larger bandwidth capabilities; immunity to interference from electromagnets, radio frequencies & external vibrations and light weight are projected to drive its applications in verticals such as telecom, oil & gas, military & defense and rail networks driving the growth of the global glass fiber optics market.

Increased demand for over the top services (OTT), internet of things (IoT), smart cities and other smart infrastructure has created numerous amount of data, is demanding a higher bandwidth network. Owing to which the telecommunication and broadcasting sector have been investing heavily in the fiber networks to support its high bandwidth networks such as 5G and fiber-to-the-home (FTTH). This coupled with government initiatives from European courtiers such as Spain, Germany and France to achieve the aim of gigabit society, is projected to further increase the fiber adoption in the telecommunication sector. Owing to investments by telecom players and government initiatives, fiber optics in telecommunication is expected to account to more than USD 16 billion by 2025 in the global fiber optics market.

Asia Pacific will continue to be the chief consumer in the global fiber optics market by 2025 and account for nearly half of the total share of the global fiber optics market size. Increased penetration and early adoption to fiber-to-the-home (FTTH) by countries like China, South Korea, and Japan initiated growth of fiber optics market in the region. Further, heavy investments in 5G networks coupled with government initiatives such as Digital China & Broadband China and smart city projects in China are expected to increase fiber optics demand in the region during the estimated period boosting the global fiber optics market.

Browse the complete report @ https://www.adroitmarketresearch.com/industry-reports/fiber-optics-market

The global fiber optics market is dominated by players such as Corning Inc., The Prysmian Group, Sterlite Technologies Ltd., Leoni AG, Hitachi Cable Ltd., Birla Furukawa Fibre Optics Limited, YOFC, Optical Cable Corporation, and AFL Telecommunications LLC. Long-term strategic agreements with players from different verticals is a key strategy along with mergers and acquisition of players in global fiber optics market. In April 2017, Verizon Communications Inc. a player in telecommunication announced a three-year minimum purchase agreement with Corning Inc. The agreement calls for Corning Inc. to provide Verizon 20 million kilometers (12.4 million miles) of optical fiber each year from 2018 through 2020.

Segment overview of global fiber optics market

Type Overview, 2015-2025 (USD million)

Single mode

Multi-mode

Material Type Overview, 2015-2025 (USD million)

Glass

Plastic

Application Overview, 2015-2025 (USD million)

Telecommunication and IT

Oil and gas

Automotive

Defense and aerospace

Healthcare

Rail network

Others

Regional Overview, 2015-2025 (USD million)

North America

U.S.

Canada

Europe

France

Germany

Spain

Rest of Europe

Asia Pacific

India

Japan

China

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

UAE

Saudi Arabia

Qatar

Rest of Middle East and Africa

Place a purchase order of this report @ https://www.adroitmarketresearch.com/researchreport/purchase/396

About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Info:

Ryan Johnson

Adroit Market Research

3131 McKinney Ave Ste 600,

Dallas, Texas – 75204, U.S.A

Phone No: +1 (214) 884-6068

Email: sales@adroitmarketresearch.com