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.
In the last Five years, along with the quick development with mobile upgrade programs and FTTX programs, global Fiber Optic Cables market is growing quite fast, with a CAGR at 11.45% from 2013 to 2018 in terms of volume from 328 million Fiber-Km to 564 million Fiber-Km.
Asia-Pacific is the largest consumption area of Fiber Optic Cables industry, over 70% of Fiber Optic Cables are consumed in this region. Factors in near-term demand include continuation of the FTTH construction effort and 5G deployment. 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, may be a factor keeping demand for optical cable at high levels after 2017.
Besides Asia-Pacific, North America is the second largest consumption market, followed by Europe.
Compared to the concentrated optical fiber perform industry, the concentration of Fiber Optic Cables industry is low. Leading manufacturers are Prysmian, HTGD, Furukawa, Corning, YOFC, etc. Concentration rate of top 6 is 39.48% % in 2018, compare to 37.94% in 2013.
In general, bulk purchase is the majority market status. Though the giants have occupied considerable market share, there are still a large quantity of manufacturers of Fiber Optic Cables with small capacity around the world.
Although sales of Fiber Optic Cables brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Fiber Optic Cables field.
The Global Fiber Optic Cables (Fiber-optic Cable) Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.
As the report focuses on global Fiber Optic Cables (Fiber-optic Cable) Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Single-Mode
Multi-Mode In Market segmentation by applications :
Long-Distance Communication
FTTx
Local Mobile Metro Network
Other Local Access Network
CATV
Multimode Fiber Applications
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Fiber Optic Cables (Fiber-optic Cable) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Fiber Optic Cables (Fiber-optic Cable) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Fiber Optic Cables (Fiber-optic Cable) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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