Fiber Optics Market Size is expected to reach USD 9.1 billion by 2019 - 2025

Fiber Optics Market Size is expected to reach
USD 9.1 billion by 2019 - 2025
“Fiber Optics Market Size, Share & Trends Analysis
Report By Type (Single Mode, Multimode, Plastic
Optical Fiber), By Application (Telecom, Military &
Aerospace, Medical), And Segment Forecasts, 2019 2025.”
The global fiber optics market size is expected to reach USD 9.1 billion by 2025, expanding at a
CAGR of 4.6% over the forecast period. Rising government funding to develop secure
infrastructures is anticipated to drive the adoption. Rising terrorism is appealing government
authorities and defense services of different countries to take initiatives and stringent steps to curb
down such occurrences. This has led to the evolution and adoption of technologies such as body
cams, wearables, and other responders that keep the security personnel connected, irrespective of
user location and user fiber optics for communications. The concept of Internet of Everything (IoE)
is attracting security sector owing to increasing awareness regarding effectiveness and efficiency of
the technology that aids in curbing national issues, such as riots, massacres, killings, and other
criminal offenses. Need for high-speed internet, which is capable of efficiently transmitting the data,
is anticipated to grow with increasing demand for IoE. Growth prospects for fiber optics technology
in telecommunications sector appears to be promising due to its growing adoption in communication
and data transmission services.
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Fiber optics enable high-speed data transfer services in both small and long-range communications.
It also serves as a medium to cope with increasing bandwidth requirements associated with
broadband services, network operators, and broadband connection providers. Rising implementation
of fiber optic components in distribution cables, trunk cable forms, high density interconnect cables,
and standard patch cords is expected to enhance the demand from telecom sector. Furthermore,
high initial acquisition and installation costs are hindering growth of the fiber optics market. An
optical fiber system consists of a variety of components such as optical cables, transmitters, and
receivers. Installation of the entire system is a labor-intensive process, especially installation of the
network for underground and undersea connections is one of costliest and tedious procedures. Fiber
optics, with their advancements, have overtaken the copper-cable transmission. However,
installation process to deploy the optical networks, being an extremely high-cost part, is expected
to hamper the market growth.
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Further key findings from the study suggest:
Governments of developed countries such as U.S., U.K, Germany, China, and Japan are
heavily investing in security infrastructures at domestic levels. This is eventually
necessitating funding for technologies, majorly across the fiber optics that would enhance the
telecommunication sector infrastructure with better security measures. Therefore, the
government funding in infrastructure is driving the market
Plastic optical fiber segment is projected to expand at a CAGR of 7.0% over the forecast
period. POF differs from its single and multimode counterparts on the basis of the core
materials used in POF cable construction. While single and multimode fiber optics have a
glass core, POF cables have a polymer core. This offers a dynamic application portfolio, along
with cost saving
Market participants are diversifying their product portfolio through their innovative offerings.
In March 2018, Corning, Inc. launched a new product Corning TXF Optical Fiber that would
enable high data-rate transmission over longer spans and extended reach for improved
network flexibility and lower network cost
Corning Incorporated, Optical Cable Corporation (OCC), Sterlite Technologies Limited, OFS
Fitel, LLC, Prysmian Group, AFL, Birla Furukawa Fiber Optics Limited, Finolex Cables Limited,
and Yangtze Optical Fiber and Cable Co., Ltd. (YOFC) among others are the key players in the
fiber optics market.
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Table of Contents:
Global Industrial 3D Printings Market Research Report 2018
1 Industrial 3D Printings Market Overview
1.1 Product Overview and Scope of Industrial 3D Printings
1.2 Industrial 3D Printings Segment by Type (Product Category)
1.2.1 Global Industrial 3D Printings Production and CAGR (%) Comparison by Type (Product
1.2.2 Global Industrial 3D Printings Production Market Share by Type (Product Category) in
1.2.3 Stereolithography (SLA)
1.2.4 Fuse Deposition Modelling (FDM)
1.2.5 Selective Laser Sintering (SLS)
1.2.6 Direct Metal Laser Sintering (DMLS)
1.2.7 Polyjet Printing (MJP)
1.2.8 Inkjet Printing
1.2.9 Electron Beam Melting (EBM)
1.2.10 Laser Metal Deposition (LMD)
1.2.11 Laminated Object Manufacturing (LOM)
2 Global Industrial 3D Printings Market Competition by Manufacturers
2.1 Global Industrial 3D Printings Capacity, Production and Share by Manufacturers (20132018)
2.1.1 Global Industrial 3D Printings Capacity and Share by Manufacturers (2013-2018)
2.1.2 Global Industrial 3D Printings Production and Share by Manufacturers (2013-2018)
2.2 Global Industrial 3D Printings Revenue and Share by Manufacturers (2013-2018)
2.3 Global Industrial 3D Printings Average Price by Manufacturers (2013-2018)
2.4 Manufacturers Industrial 3D Printings Manufacturing Base Distribution, Sales Area and
Product Type
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