Fiber Optics Market

Date: 2016-05

Fiber Optics refers to the technology that deals with the transmission of information from one place to another through optical fibers where light functions as a carrier. This technique uses glass or plastic threads that are of nearly same thickness as a human hair to transfer data. Though this technology shares many affinities with the traditional copper wire method, it stands revolutionary due to the advantages such as high bandwidth, long distance communication, high security and safety alongside offering cables thinner and lighter compared to metal wires.

Fiber optics is gaining market share due to its inherent advantages over copper conductors. Growing demand of high speed internet services is anticipated to be the key growth factor for the fiber optics market. Fiber optics is used for digital transmission of data and is progressively replacing metal wires owing to its efficiency and high transmission capacity.

Fiber optic cables offer an effective transmission as they are less affected by external and internal interferences. The transmission can be done by single and multimode fiber depending on the communication requirements. Fiber optics also supports remote sensing technique, which enables the data transmission without any physical medium. This technique helps to communicate with even remote and inaccessible regions.

The global fiber optics market has been classified into fiber optics by type, by mode, by configuration, by cables and by application. Each segment describes in detail the fiber optics market. These segments are subsequently followed by geographical segmentation of the fiber optics market. Market by region has been divided into Americas, Europe, APAC and RoW; country level analysis is presented for each region.

Fiber optics are used in various applications including telecommunication, oil & gas, utilities, military & aerospace, private data networks, biomedical and cable television etc. Telecommunication is expected to be the key application segment over the forecast period owing to its use in desktop computers to global networks. Advantages of optical fiber include greater bandwidth than copper, lower loss, immunity to crosstalk, and no electrical hazard.

The fiber optics market is expected to grow at a CAGR of xx% between 2015 and 2021. The demand is increasing and driven by investments in new information technology and telecommunication sectors. North America dominated the market for fiber optics in 2015 and accounted for over xx% of the market share. However, APAC is projected to emerge out as the market leader in the forecast period.

Apart from this, this report also looks into whole value chain, pricing analysis opportunity analysis of this market. This report also covers the major patents and also the constraints and challenges faced by this market. Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of Company Overview, Financial Overview, Business Strategies, Product Portfolio and Recent Developments. The report contains the most detailed and in-depth segmentation of the Fiber Optics market.

Some of the major players involved in the global Fiber Optics market are:
Sterlite Technologies Limited (India)
Yangtze Optical Fiber and Cable Co. Ltd (China)
Fujikura Limited (Japan)
Corning Inc. (U.S.)
Prysmian SpA (Italy) among many others.

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