Global Fiber Optics Market– Industry Trends and Forecast to 2025

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Global Fiber Optics Market
Global Fiber Optics Market to Register Steadfast
CAGR of 9.50 in Terms of Value Over Forecast
Period, 2018-2025
The Global Fiber Optics Market is expected to
reach USD 7.79 Billion by 2025, from USD 3.41
Billion in 2017, growing at a CAGR of 9.50
during the forecast period of 2018 to 2025. The
upcoming market report contains data for historic
years 2015 2016, the base year of calculation
is 2017 and the forecast period is 2018 to 2025.
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Market Definition
Fiber optics is a type of optics which uses glass
threads to transmit data. It consists of a bundle
of glass threads. Each of these glass threads in
fibre optics is capable of transmitting messages
modulated onto light waves. In order to transmit
data from one cable to another cable there are
several advantages such as bandwidth as compared
to metal cables, thinner and lighter in sizes and
data can also be transmitted through digitally
rather than analogically. There are three
important element of fibre optics transmission
system namely transmitter, fibre optic cable and
receiver.
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Major Market Drivers and Restraints

• Increasing demand for the internet
• Growing demand of FTTX
• Increased of advances in technology
• Increased usage of wireless communication systems

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Market Segmentation

• The global fiber optics market is segmented based
  on cable type, optical fiber type, application
  and geographical segments.
• Based on cable type, the global fiber optics
  market is segmented in single mode, and
  multi-mode
• On the basis of optical fiber type, the global
  fiber optics market segmented into glass and
  plastics
• On the basis of application, the global fiber
  optics market segmented into telecom, premises,
  utility, CATV, military, industrial, sensors,
  fiber optic lighting, security, and metropolitan

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Major Market Competitors

• Corning Incorporated(U.S.)
• Optical Cable Corporation (OCC),
  sterlitetech.com.(India),
• OFS Fitel
• LLC(U.S.)
• Prysmian S.p.A.(Italy)
• Birla Furukawa Fibre Optics Limited(India)
• Finolex Cables Ltd.(India)
• Yangtze Optical Fibre and Cable Joint Stock
  Limited Company (China)

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