Fiber Optics Market for Telecom & Broadband, Healthcare, Defense, Private Data Networks, and Other Applications and Forecast 2022

Fiber Optics Market for Telecom & Broadband, Healthcare, Defense, Private Data Networks, and Other Applications and Forecast 2022

Comments Off on Fiber Optics Market for Telecom & Broadband, Healthcare, Defense, Private Data Networks, and Other Applications and Forecast 2022

According to the report, global fiber optics market was valued at around USD 2.75 billion in 2016 and is expected to reach approximately USD 3.72 billion in 2022, growing at a CAGR of slightly above 5.2% between 2017 and 2022.
Fiber optics is mainly used for digital transmission of data and is increasingly being used in place of metal wires due to its efficiency and high transmission capacity. Fiber optic cables provide an effective transmission as they are less affected by internal and external interferences. The transmission can be done by single and multi-mode fiber depending on the communication requirements. Fiber optics support remote sensing technique which allows data transmission without any physical medium. This technique helps to communicate with even remote and inaccessible regions.

 

According to the report, global fiber optics market was valued at around USD 2.75 billion in 2016 and is expected to reach approximately USD 3.72 billion in 2022, growing at a CAGR of slightly above 5.2% between 2017 and 2022.

An optical fiber is a flexible and transparent fiber made by drawing glass or plastic and is used to transmit light between the two ends of the fiber.  There are wide usages in fiber-optic communications, where they allow transmission over longer distances and at higher bandwidths than wire cables. Instead of using metal wires, fiber optic cables are used in order to signals travel along them with lesser amounts of loss. Furthermore, fibers are also used for illumination and are wrapped in bundles so that they may be used to carry images and used in other applications also.

The major factors which are driving the fiber optics market growth are increasing demand of fiber optics in different avenues such as telecommunication sector, private data networks, and others. Growing demand for high-speed internet is also impelling the demand of fiber optics market. However, some restraining factors which hindering the growth of the fiber optics market are the high cost of raw material and complex manufacturing process. Nonetheless, rising demand for a remote sensing technique which allows data transmission without any physical medium will fuel the fiber optics market growth in the years to come.

Global-Fiber-Optics-Market

Fiber optics is used in different applications such as telecom & broadband, cable television, private data networks, oil & gas, utilities and others. Among these applications, the telecom sector is dominating the fiber optics market and is estimated to persist over the forecast period. Other applications of fiber optics are industrial, healthcare, commercial and data storage. Fiber optics is used as an imaging tool, light guides and also as lasers for surgeries. Fiber optics is used as hydrophones for seismic and SONAR uses, submarines as wiring in aircraft and other vehicles and also for field networking. In telecommunication sector, the fiber optics help to receive and transmit data. Fiber optics play cog role in industrial and commercial sector owing to its uses in various fields. For instance, fiber optics is used for imaging in inaccessible areas and acts as sensory devices to measure temperature. In conventional wiring, there isEMI issue which is overcome using fiber optic cables. It is also used for wiring in the automobile industry.Fiber optic cables are also used for research and development and testing across all the above-mentioned industries.

North America and Europe are expected to grow steadily in coming years. Asia Pacific is estimated to show significant growth on account of increasing use of new telecommunication technologies such as FTTx applications and 4G mobile usages. Therefore, due to rise in usage of 3G/4G data, demand for fiber optics is expected to escalate by network operator in Asia Pacific region.

Key players in the fiber optics market are PrysmianSpA, Australian Fibreoptic Communications, Finolex Cable Limited, Sterlite Technologies Limited, Ofs Fitel, Corning Inc., Yangtze Optical Fiber and Cable Co. Ltd., Fujikura Limited, and others. High initial investment and maintenance cost is expected to restrict entry

  • Chapter 1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global fiber optics market, 2016 – 2022, (USD Billion)
    • 2.2. Fiber optics market: Market snapshot
  • Chapter 3. Global Fiber Optics Market – Industry Analysis
    • 3.1. Fiber optics market: Market dynamics
    • 3.2. Market Drivers
      • 3.2.1. Increasing demand of fiber optic in different sectors
      • 3.2.2. Rising the usage of internet
    • 3.3. Restraints
      • 3.3.1. Complex manufacturing process
      • 3.3.2. High initial cost
    • 3.4. Opportunity
      • 3.4.1. Rising demand for remote sensing technique
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by application segment
      • 3.6.2. Market attractiveness analysis by regional segment
  • Chapter 4. Global Fiber Optics Market – Competitive Landscape
    • 4.1. Company market share analysis, 2016 (Subject to data availability)
  • Chapter 5. Global Fiber Optics Market –Application Segment Analysis
    • 5.1. Global fiber optics market revenue share, by application 2016 & 2022
    • 5.2. Global fiber optics market for telecom & broadband, 2016-2022(USD Billion)
    • 5.3. Global fiber optics market for healthcare, 2016-2022(USD Billion)
    • 5.4. Global fiber optics market for private data networks,2016– 2022 (USD Billion)
    • 5.5. Global fiber optics market for defense,2016– 2022 (USD Billion)
    • 5.6. Global fiber optics market for industrial & commercial,2016– 2022 (USD Billion)
    • 5.7. Global fiber optics market for others, 2016 – 2022 (USD Billion)
  • Chapter 6. Global Fiber Optics Market – Regional Analysis
    • 6.1. Global fiber optics market: Regional overview
      • 6.1.1. Global fiber optics market revenue share, by region, 2016 and 2022
    • 6.2. North America
      • 6.2.1. North America fiber optics market revenue, by application, 2016 – 2022 (USD Billion)
    • 6.3. Europe
      • 6.3.1. Europe fiber optics market revenue, by application, 2016– 2022 (USD Billion)
    • 6.4. Asia Pacific
      • 6.4.1. Asia-Pacific fiber optics market revenue, by application, 2016 – 2022 (USD Billion)
    • 6.5. Latin America
      • 6.5.1. Latin America fiber optics market revenue, by application, 2016– 2022 (USD Billion)
    • 6.6. Middle East & Africa
      • 6.6.1. Middle East & Africa fiber optics market revenue, by application, 2016 – 2022 (USD Billion)
  • Chapter 7. Company Profiles
    • 7.1. Prysmian SpA
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product portfolio
      • 7.1.4. Business strategy
      • 7.1.5. Recent developments
    • 7.2. Finolex Cable Limited
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product portfolio
      • 7.2.4. Business strategy
      • 7.2.5. Recent developments
    • 7.3. Australian Fibreoptic Communications
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product portfolio
      • 7.3.4. Business strategy
      • 7.3.5. Recent developments
    • 7.4. Sterlite Technologies Limited
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product portfolio
      • 7.4.4. Business strategy
      • 7.4.5. Recent developments
    • 7.5. Ofs Fitel
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product portfolio
      • 7.5.4. Business strategy
      • 7.5.5. Recent developments
    • 7.6. Corning Inc.
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product portfolio
      • 7.6.4. Business strategy
      • 7.6.5. Recent developments
    • 7.7. Yangtze Optical Fiber and Cable Co. Ltd.
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product portfolio
      • 7.7.4. Business strategy
      • 7.7.5. Recent developments
    • 7.8. Fujikura Limited
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product portfolio
      • 7.8.4. Business strategy
      • 7.8.5. Recent developments

List of Figures

1. Global fiber optics market segmentation by application and geography
2. Global fiber optics market, 2016 – 2022 (USD Billion)
3. Porter’s five forces analysis: Fiber optics market
4. Global fiber optics market attractiveness, by application, 2016
5. Global fiber optics market attractiveness, by region, 2016
6. Global fiber optics market revenue share, by application2016&2022
7. Global fiber optics market fo telecom & broadband cable television,2016-2022(USD Billion)
8. Global fiber optics market for health care, 2016 – 2022 (USD Billion)
9. Global fiber optics market for defense, 2016 – 2022 (USD Billion)
10. Global fiber optics market for industrial & commercial,2016 – 2022 (USD Billion)
11. Global fiber optics markets for others, 2016 – 2022 (USD Billion)
12. Global fiber optics market revenue share, by region, 2016 – 2022
13. North American fiber optics market, 2016 – 2022,  (USD Billion)
14. Europe fiber optics market, 2016 – 2022,  (USD Billion)
15. Asia Pacific fiber optics market, 2016 – 2022(USD Billion)
16. Latin America fiber optics market, 2016-2022(USD Billion)
17. The Middle East & Africa fiber optics market, 2016–2022, (USD Billion)


List of Tables

1. Global fiber optics market snapshot
2. Drivers for fiber optics market: Impact analysis
3. Restraints of fiber optics market: Impact analysis
4. North America fiber optics market revenue, by application, 2016 – 2022 (USD Billion)
5. Europe fiber optics market revenue, by application, 2016 – 2022 (USD Billion)
6. Asia-Pacific fiber optics market revenues, by application, 2016 – 2022 (USD Billion)
7. Latin America fiber optics markets revenue, by application, 2016 – 2022 (USD Billion)
8. Middle East & Africa fiber optics market revenue, by application, 2016 – 2022 (USD Billion)

* Indicates required field.

Your Name*

Your Email*

Telephone Number*

Name of company*

Country Name*

How can we help you?

Prove You are Human*

captcha
Enter Capcha Image Properly



Share this Post

Related Posts

Checking...

Ouch! There was a server error.
Retry »

Sending message...

Enquiry Form

Fill in the form below and we will be in touch soon

Create Account



Log In Your Account