The report on the global DevOps market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, key player's market share analysis, competitive landscape and supply chain analysis.
Pune, India - January 18, 2019 /MarketersMedia/ —
Market Highlights:
The global fiber optics market is growing with the rapid pace is mainly due to high bandwidth communication for long distance via optical fiber which is propelling the fiber optics market growth to the large extent. According to a recent study report published by the Market Research Future, The global market of fiber optics is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023).
The global fiber optics market is driven due to the increasing demand of latest technologies such as RFID, Fiber and NFC and others which is boosting the market growth fiber optics. The RFID tag which is integrated into the optical fiber cable, connectors, adapters and others is used to accomplish the tracking automatically in data centers. The growing opportunities in the healthcare sector such as endoscopic imaging applications, and biomedical sensing applications are boosting the market growth of fiber optics.
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Major Key Players
• Optical Cable Corporation (U.S.)
• Ofs Fitel, Llc (U.S.)
• Prysmian Spa (Italy)
• Infinera Corporation (U.S.)
• Corning INC. (U.S.)
• AFC Group (Australia)
• Molex Incorporated (U.S.)
• Anixter International (U.S)
• Luna (U.S.)
• Avantes (U.S)
• Pepperl+Fuchs (Germany)
• Geokon, Incorporated (U.S.
• L-com.com (U.S.)
• TE Connectivity (Switzerland)
• Extron Electronics (U.S.)
Sterlite Technologies (India), Fujikura Limited (Japan), Finolex Cable Limited (India), Birla Furukawa Fibre Optics (India), Avantes (the U.S), Pepperl+Fuchs (Germany), Geokon, Incorporated (the U.S.), L-com.com (the U.S.), TE Connectivity (Switzerland), Extron Electronics (the U.S.), Sterlite Technologies (India), and others.
According to MRFR, The global Fiber Optic Market is expected to grow at USD 6 billion by 2023, at a CAGR of ~10% during the forecast period 2017-2023.
Industry Updates:
NASA and Made In Space have demonstrated the merits of manufacturing fiber optic filaments in microgravity. ZBLAN is the fiber optic material that is chosen for this demonstration.
Reliance Jio (India) has started the registration for optical fiber based fixed-line broadband service. It has claimed to offer download speed of one gigabit per second through this service.
Market Segmentation:
The global fiber optics market has been segmented on the basis of components, optical fiber type, application and end-users. Based on components, the fiber optic market is segmented into connectors, couplers, transmitters & receivers, amplifiers and others. Based on optical fiber type, the fiber optic market is segmented into single mode, multiple mode and plastic mode. Based on application, the fiber optic market is segmented into fiber optic lighting, CATV, security, sensors, and others. Based on end-users, the fiber optic market is segmented into telecom & broadband, military, aerospace, utilities and others.
Regional Analysis:
The regional analysis of fiber optic market is being studied for region such as Asia pacific (China, Japan, India), North America (U.S, Mexico, Canada), Europe (U.K, Germany) and Rest of the World. North America is one of the leading regions across the world in terms of market share. The fiber optic market in this region has a huge demand due to optic fibers use glass which is widely used for transmitting light over long distances, which is propelling the growth of fiber optics market. The fiber optic market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia Pacific countries such as China, Japan, and India is an emerging market for fiber optic market is expected to be the highest CAGR in the coming years.
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Intended Audience
• Fiber optic companies
• Fiber optic providers
• Technical universities
• System integrators
• Managed Security Service Providers
• Professional service providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators
LIST OF TABLES
Table 1 Global Fiber Optics Market: By Region, 2017-2023
Table 2 North America Fiber Optics Market: By Country, 2017-2023
Table 3 Europe Fiber Optics Market: By Country, 2017-2023
Table 4 Asia-Pacific Fiber Optics Market: By Country, 2017-2023
Table 5 Middle East & Africa Fiber Optics Market: By Country, 2017-2023
Continued…….
LIST OF FIGURES
FIGURE 1 Global Fiber Optics market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Fiber Optics Market
FIGURE 4 Value Chain of Global Fiber Optics Market
FIGURE 5 Share of Global Fiber Optics Market in 2017, by country (in %)
Continued…….
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact Info:
Name: abhishek Sawant
Organization: Market Research Future
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/fiber-optic-market-1169
Source: MarketersMedia
Release ID: 472899
