Global Optical Fiber Market Analysis and Forecasts to 2027: Market is Expected to Grow to US$ 36.99 Bn
DUBLIN, Dec. 18, 2018 /PRNewswire/ --
The "Optical Fiber Market to 2027 - Global Analysis and Forecasts by Type; Mode; Composition; End-User" report has been added to ResearchAndMarkets.com's offering.
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Optical fiber market is expected to grow to US$ 36.99 Bn by 2027 from US$ 11.30 Bn in 2017.
Today, the fiber cables are used to transmit video along with voice and data. The installation of fiber cables in the initial stages was a bit tedious task but with growing awareness and skilled labor have made implementations quite easier. Increasing the deployments of data centers in various parts of the world have significantly led to the rise in usage of optical fiber communications. Upcoming technologies where data is transferred in real-time require high bandwidth medium for propagation. High bandwidth requirements are fulfilled by the optical fiber cables.
A key trend which will predominantly affect the optical fiber market in a coming year is the emergence of all optical fiber communication. An all fiber-optic communication is envisioned which will be completed in the optical domain, giving rise to an all-optical communication network. In such networks, all signals will be processed in the optical domain, without any form of electrical manipulation.
Presently, processing and switching of signals take place in the electrical domain, optical signals must first be converted to an electrical signal before they can be processed and routed to their destination. After the processing and routing, the signals are then re-converted to optical signals, which are transmitted over long distances to their destination. This optical to electrical conversion and vice versa results in added latency on the network and this is a limitation to achieving very high data rates.
Optical Fiber market by end-user is segmented into Broadcast, Telecommunication & IT, Industrial, Medical, Defense and Others. The others segment comprises of the automobile industry, R&D industry, and Infrastructural health monitoring sector. The propagating penetration of fiber to home is expected to have a significant impact on the growth of optical fiber market in the coming years. This technology, allows the residential sectors (households) to connect home with the operators through fiber optic cables. In the year 2016, the FTTH accounted for approximately 67% of the superfast broadband technology adoption rate across the globe.
Key Topics Covered:
1. Introduction
1.1 Scope Of The Study
1.2 Research Report Guidance
2. Key Takeaways
3. Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 Pest Analysis
4. Global Optical Fiber Market - Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Increasing Needs For Network Up-Gradation
4.1.2 Burgeoning Optical Fiber Demands In Growing Economies Such As China, India And Brazil
4.2 Key Market Restraints
4.2.1 High Initial Investments
4.2.2 Complex Legal Procedures Involved With Deployment Of Optical Fiber Project
4.3 Key Market Opportunities
4.3.1 Increasing Government Focus On Improving Internet Capabilities
4.3.2 Intelligent Optical Transmission Network
4.4 Future Trends
4.4.1 All Optical Communication Networks
4.4.2 Polymer Optic Fibers
4.5 Impact Analysis Of Drivers And Restraints
5. Optical Fiber Market - Global
5.1 Global Optical Fiber Market Overview
5.2 Global Optical Fiber Market Forecast And Analysis
6. Global Optical Fiber Market Analysis - By Type
6.1 Overview
6.2 Step Indexed Optical Fiber
6.3 Graded Indexed Optical Fiber
7. Global Optical Fiber Market Analysis - By Mode
7.1 Overview
7.2 Single Mode
7.3 Multi-Mode
8. Global Optical Fiber Market Analysis - By Composition
8.1 Overview
8.2 Glass Optical Fiber
8.3 Plastic Optical Fiber
9. Global Optical Fiber Market Analysis - By End-User
9.1 Overview
9.2 Telecom & IT
9.3 Defense
9.4 Industrial
9.5 Medical
9.6 Others (R&D, Automobiles, Infrastructural Health Monitoring, Oil & Gas)
10. Global Optical Fiber Market - Geographical Analysis
11. Industry Landscape
11.1 Market Initiative
11.2 Merger And Acquisition
11.3 New Development
12. Competitive Landscape
12.1 Competitive Product Mapping
12.2 Market Positioning
13. Key Company Profiles
-- Corning Incorporated -- Prysmian Group -- Yangtze Optical Fiber And Cable Co. Ltd. -- Fiberhome Telecommunication Technologies Co. Ltd. -- Finisar Corporation -- Furukawa Electric Co., Ltd. -- Hengtong Group Co., Ltd. -- Nexans SA -- Sumitomo Electric Industries, Ltd. -- ZTT Group
For more information about this report visit https://www.researchandmarkets.com/research/85z72l/global_optical?w=5
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