Fiber Optics Market Projected to Grow at a CAGR of around 8%- IMARC Group

1. Global Fiber Optics Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Fiber Optics Market Overview: As per the latest report by IMARC Group, titled “Fiber Optics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global fiber optics market size is expanding at a strong rate. Fiber optics, also known as optical fiber, is a technology through which the transmission of data takes place in the form of light particles or photons. It is associated with attributes such as data security, electrical isolation, low attenuation rate; reduced cost, size, and weight; and increased bandwidth and electromagnetic interference immunity. As a result, fiber optics technology finds vast application in the healthcare and telecommunication industries across the globe. Besides this, it is also utilized in the military and defense industry for vehicle navigation, transmitting radio signals, and environmental sensing and monitoring. Fiber Optics Market Trends With the rapidly growing population, there has been a rise in the demand for high bandwidth communication and data transmission services, which in turn is resulting in the steady growth of the telecommunications and information technology (IT) industry. This, coupled with the attributes of fiber optics in effectively transmitting data, images and voice messages over vast distances, is catalyzing its demand, especially in the information technology sector.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Additionally, this technology also finds applications in the healthcare industry, wherein X-ray, microscopy, surgical endoscopy, ophthalmic lasers and light therapy represent some of the major medical procedures that employ fiber optics. Looking forward, the market is projected to grow at a CAGR of around 8% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/fiber-optics-market/requestsample

5. Report Description and Highlights Report Description Apart from this, the arrival of 5G network, Fiber to the Home (FTTH) and Fiber to the Building (FTTB) are the sales of broadband network systems that provide high-speed data and related services to consumers. Further, fiber optics internet is considered relatively more reliable during power outages as they do not need electricity for functioning. Key Market Segmentation: Market Segmentation by Cable Type • • Single Mode Multi-Mode Based on the cable type, the market has been bifurcated into single and multi-mode fiber optics. Market Segmentation by Optical Fiber Type • • Glass Plastics

6. Report Description and Highlights Report Description On the basis of the optical fiber type, the market has been classified into glass and plastics. For more information, click here: https://www.imarcgroup.com/fiber-optics-market Market Segmentation by Application • • • • • • • Telecom Oil and Gas Military and Aerospace BFSI Medical Railway Others The market has been classified on the basis of the application into telecom; oil and gas; military and aerospace; banking, financial services and insurance (BFSI); medical; railway; and others. Market Segmentation by Region

7. Report Description and Highlights Report Description • • • • • Europe North America Asia Pacific Middle East and Africa Latin America Region-wise, the market has been segmented into Europe, North America, Asia Pacific, Latin America, and Middle East and Africa. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • • • Corning Inc. Prysmian Group Finisar AFL Global Sumitomo Electronics Industries (SEI)

8. Report Description and Highlights Report Description • • • • • Ls Cable & System Leoni AG Furukawa Electric General Cable Corporation Finolex Browse Related Report Set-Top Box Market Report: https://www.imarcgroup.com/set-top-box-market Wireless Sensors Market Report: https://www.imarcgroup.com/wireless-sensors-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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