Global Fiber Optic Cable Assembly Market Size, Status and Forecast 2019-2025
Fiber Optic Cable is a cable containing one or more optical fibers that are used to carry light. The optical fiber elements are typically individually coated with plastic layers and contained in a protective tube suitable for the environment where the cable will be deployed.
The most prominent factor driving the fiber optic cables market growth is rapidly growing internet traffic worldwide. With increasing proliferation of mobile devices, number of internet users is on rapid rise since the past few years. As of March 2017, there were nearly 3.74 Bn internet users across the globe, resulting into higher requirement of internet bandwidth. The demand for unceasing bandwidth is yielding significant growth in the global fiber optic cables market. Fiber optic cable provides a constant, stable and fast internet connection that allows high speed data transfer with minimal interference. In recent past, it has become noticeable that fiber optic cables are rapidly replacing copper cables and other metal wires due to their wide range of advantages over electrical transmission.
Furthermore, increasing expenditure on network infrastructure development is another major factor pushing the demand for fiber optic cables. Considering the immense benefits of fiber optic cables, more number of network providers are shifting towards establishing optical networks. Advent of Internet of Things (IoT) is expected to generate high demand for internet bandwidth in the following years. Thus, growing number of connected devices is expected to further support the market growth. However, high installation costs coupled with complex installation process of fiber optic cables acts as a restrain to the market. In addition, lack of industry standards have also hindered the demand for fiber optic cables in industrial environments as well as in subscriber networks.
In 2018, the global Fiber Optic Cable Assembly market size was 1080 million US$ and it is expected to reach 1960 million US$ by the end of 2025, with a CAGR of 7.8% during 2019-2025.
This report focuses on the global Fiber Optic Cable Assembly status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Fiber Optic Cable Assembly development in United States, Europe and China.
The key players covered in this study
Corning
CommScope
Prysmian
OFS（Furukawa）
Belden
Fujikura
General Cable
Sumitomo
Nexans
LS cable
3M
HUBER + SUHNER
Huihong Technologies Limited
Huawei
Delphi
Amphenol
Sumitomo Electric
Molex
Nexans Cabling solutions
Market segment by Type, the product can be split into
Single-Mode Fiber Optic Cable
Multi- Mode Fiber Optic Cable
Market segment by Application, split into
Telecom/Datacom
CATV and Broadcasting
Military/Aerospace
Power and New Energy
Healthcare
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Fiber Optic Cable Assembly status, future forecast, growth opportunity, key market and key players.
To present the Fiber Optic Cable Assembly development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Fiber Optic Cable Assembly are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
The most prominent factor driving the fiber optic cables market growth is rapidly growing internet traffic worldwide. With increasing proliferation of mobile devices, number of internet users is on rapid rise since the past few years. As of March 2017, there were nearly 3.74 Bn internet users across the globe, resulting into higher requirement of internet bandwidth. The demand for unceasing bandwidth is yielding significant growth in the global fiber optic cables market. Fiber optic cable provides a constant, stable and fast internet connection that allows high speed data transfer with minimal interference. In recent past, it has become noticeable that fiber optic cables are rapidly replacing copper cables and other metal wires due to their wide range of advantages over electrical transmission.
Furthermore, increasing expenditure on network infrastructure development is another major factor pushing the demand for fiber optic cables. Considering the immense benefits of fiber optic cables, more number of network providers are shifting towards establishing optical networks. Advent of Internet of Things (IoT) is expected to generate high demand for internet bandwidth in the following years. Thus, growing number of connected devices is expected to further support the market growth. However, high installation costs coupled with complex installation process of fiber optic cables acts as a restrain to the market. In addition, lack of industry standards have also hindered the demand for fiber optic cables in industrial environments as well as in subscriber networks.
In 2018, the global Fiber Optic Cable Assembly market size was 1080 million US$ and it is expected to reach 1960 million US$ by the end of 2025, with a CAGR of 7.8% during 2019-2025.
This report focuses on the global Fiber Optic Cable Assembly status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Fiber Optic Cable Assembly development in United States, Europe and China.
The key players covered in this study
Corning
CommScope
Prysmian
OFS（Furukawa）
Belden
Fujikura
General Cable
Sumitomo
Nexans
LS cable
3M
HUBER + SUHNER
Huihong Technologies Limited
Huawei
Delphi
Amphenol
Sumitomo Electric
Molex
Nexans Cabling solutions
Market segment by Type, the product can be split into
Single-Mode Fiber Optic Cable
Multi- Mode Fiber Optic Cable
Market segment by Application, split into
Telecom/Datacom
CATV and Broadcasting
Military/Aerospace
Power and New Energy
Healthcare
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Fiber Optic Cable Assembly status, future forecast, growth opportunity, key market and key players.
To present the Fiber Optic Cable Assembly development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Fiber Optic Cable Assembly are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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