Fiber Optic Cable Market Outlooks 2019
The research methodology of the Fiber Optic Cable Market involves both primary as well as secondary research data sources. It commits different factors affecting the Fiber Optic Cable industry such as market environment, various policies of the government, past data and market trends, technological advancements, upcoming innovations, market risk factors, market restraints, and challenges in the industry.
In this report, global Fiber Optic Cables Market will reach 15185.53 Million USD by the end of 2022 with a CAGR of 11.21%
The global Fiber Optic Cables market is valued at 8928.70 Million USD in 2017 and will reach 15185.53 Million USD by the end of 2022, growing at a CAGR of 11.21% during 2017-2022.
Fiber Optic Cables can be divided into two categories--multi-mode fiber optic cables and single-mode fiber optic cables. Single-mode fiber optic cables production market share accounted for the highest proportion, with a figure of 90.90% in 2017, multi-mode fiber optic cables account for 9.10%.
The consumption market share of global Fiber Optic Cables in long-distance communication use, submarine cable use, FTTx use, local mobile metro network use, other local access network use, CATV use, other Singlemode applications, and Multimode Fiber Applications has been stable year by year, at 10.03%, 0.17%, 36.71%, 6.59%, 24.66%, 9.35%, 10.81%, and 1.68% respectively in 2017, and for several consecutive years, the amplitude was within 2 percent. This indicates that the segment of the Fiber Optic Cables in the global market tends to be fixed without great changes. Among them, the Fiber Optic Cables market has the most promising sales prospects in FTTx use.
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AMR center data shows that China is the biggest contributor to the Fiber Optic Cables revenue market, accounting for 50.39% of the total global market with a revenue of 4499.61 million USD in 2017, followed by the United States, 16.52% with a revenue of 1475.0 million USD. Although the FTTH projects of China Telecom and China Unicom already have passed a large percentage of the homes in China's major cities, the government's requirement to improve broadband coverage in rural areas, as well as the 5G network construction in the next few years, maybe a factor keeping demand for optical cable at high levels after 2017.
Prysmian is the largest company in the global Fiber Optic Cables market, accounted for 9.0% of the revenue market share in 2017, followed by Furukawa and HTGD, accounted for 7.33% and 6.79% of the revenue market share in 2017. The Fiber Optic Cables industry is not concentrated, these manufacturers range from large multinational corporations to small privately-owned companies compete in this industry. The top five producers account for above 55 % of the revenue market.
Fiber Optic Cable Market
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Manufacturer Detail: Prysmian, HTGD, Furukawa, Corning, YOFC, Futong, Fujikura, Sumitomo, Tongding, CommScope, Sterlite, FiberHome, Jiangsu Etern, ZTT, General Cable, Belden, Fasten, Nexans, Kaile, LS
Product Type Segmentation: Single-Mode Fiber Optic Cable, Multi-Mode Fiber Optic Cable
Industry Segmentation: Long-Distance Communication, Submarine Cable, FTTx, Local Mobile Metro Network, Other Local Access Network, CATV, Other Singlemode Applications, Multimode Fiber Applications
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.
Fiber Optic Cable Market Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile. The study then describes the drivers and restraints for the market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the market on a global level. Finally, the report in order to meet the user’s requirements is also available.
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The information presented in this report provides an overview of the latest trends and development plans, patterns, and policies observed in the global market. Moreover, the study provides an analysis of the latest events such as the technological advancements and the product launches and their consequences on the global Fiber Optic Cable market.
Objectives of the Report:
To profile the key players and analyze their market shares and core competencies.
To define, describe, and forecast the Fiber Optic Cable market on the basis of platforms, services, application areas, and regions with respect to the individual growth trends and contribution toward the overall market.
To analyze micro-markets with respect to individual growth trends, future prospects, and contributions to the overall Fiber Optic Cable market.
To analyze competitive developments, such as mergers and acquisitions, new partnerships, new contracts, and new product developments in the Fiber Optic Cable market.
To analyze the opportunities in the market and the details of the competitive landscape for stakeholders and market leaders.
To provide a piece of detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, industry-specific challenges, and restraints).
To forecast the market size of segments with respect to 5 main regions, namely, North America, Asia Pacific (APAC), Europe, Middle East and Africa (EMEA), and Latin America.
At last, It includes the methodical description of the various factors such as Fiber Optic Cable market growth and a piece of detailed information about the different company’s revenue, growth, technological developments, production, and the various other strategic developments.
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