Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
In the world economic growth, the Fiber Optic Cables (Fiber-optic Cable) industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Fiber Optic Cables (Fiber-optic Cable) market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Fiber Optic Cables (Fiber-optic Cable) market size will be further expanded, we expect that by 2024, The market size of the Fiber Optic Cables (Fiber-optic Cable) will reach XXX million $.
Overview
A fiber optic cable is an optical fiber, an assembly similar to an electric cable, containing one or more optical fibers that are used to carry light. The optical fiber elements include plastic layers and contained in a protective tube. Fiber optic cables are typically used in long-distance telecommunication and high-speed data connection between different parts of building. The global fiber optic cable market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global fiber optic cable market is expected to witness significant growth during the forecast period, owing to technological advancements in fiber optic cables.
Market Driver
Increasing demand for internet is expected to drive growth of the global fiber optic cables market during the forecast period. The demand for the internet has increased exponentially in the recent past due to the presence of advanced devices such as smartphones and tablets. According to the Internet World Stats, in May 2020, there were around 4.6 billion internet users across the globe, with growth of 1187% between 2000 and 2020. This shows, that the number of people using the internet has increased over the years. Fiber optic cables play a crucial role in delivering high-speed internet services, which in turn, is expected to drive growth of the global fiber optic cable market during the forecast period. Moreover, increasing technological advancements is expected to propel the global fiber optic cables market growth over the forecast period.
Market Restraint
Growing adoption of wireless communication is expected to restrain growth of the global fiber optic cables market during the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global fiber optic cables market during the forecast period. This is owing to the presence of major market players across the region. Furthermore, Asia Pacific is expected to register a robust growth rate over the forecast period, owing to rising urban populations across the region.
Competitive Section
Key companies operating in the global fiber optic cables are Furukawa Electric Co. Ltd., Corning Incorporated, Leoni AG, LS Cable & System, Finisar, AFL, General Cable Corporation, Optical Cable Corporation, and Sumitomo Electric Industries, Ltd.
Major market players are involved in product launches, in order to enhance the market presence. For instance, in March 2018, Furukawa Electric Co. Ltd. launched a thin ultra-high count multi-core rollable ribbon optical fiber cable.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
Prysmian
HTGD
Furukawa
Corning
YOFC
Futong
Fujikura
Sumitomo
Tongding
CommScope
Sterlite
FiberHome
Jiangsu Etern
ZTT
General Cable
Belden
Fasten
Nexans
Kaile
LS
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Single-Mode
Multi-Mode
Industry Segmentation
Long-Distance Communication
FTTx
Local Mobile Metro Network
CATV
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
