Global Fiber-optic Cable Market Worth $ 4.71 Billion by 2019

Date: 2016-09-10

An optical fiber cable is a cable containing one or more optical fibers that are used to carry light. Fiber-optic Cable includes single-mode and multimode fiber-optic cable on the base of classification, which represent 26% and 65% of global fiber-optic cable market. 

Telecommunication and network are the main application of fiber-optic cable product and Asia is the largest fiber-optic cable market on production and consumption.

Global fiber-optic cable market is projected to reach $ 4.71 Billion by 2019, with a GAGR of 9.7% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global fiber-optic cable market are FiberHome, Futong Group, Fujikura, OFS (Furukawa), Sumitomo Electric, CommScope, Prysmian Group etc.

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Joanna | Executive – International Business and partner Relations
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