Optical Fibre Cable Market is Largely Dominated by North America with a Market Share of 32.0%-Goldstein Research

According to Goldstein Research, global optical fibre cable market is valued at USD 4.6 billion in 2016, growing at a CAGR of 10.2% over the forecast period 2016–2024. Moreover, global fibre optic cable demand is estimated to reach nearly 324.52 million fibre km in 2016. High efficiency and transmission capacity of fibre optic cable is one of the major drivers fuelling the adoption of fibre optic cable in different industry verticals.

Global fibre optic cable market segmentation has been done on the basis of cable type, optical fibre type, application, and geography. Single mode fibre optic cable occupied 48% of the total market share in 2016 is projected to witness healthy growth during the forecast period. Global fibre optic cable market is largely dominated by North America with a market share of 32.0% in 2016. WhereasAsia-Pacific is the fastest growing region and is anticipated to grow at a CAGR of 11.5% during the forecast period.

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For market research on optical fibre market, visit: https://www.goldsteinresearch.com/report/global-fiber-optic-cable-industry-market-outlook

Market Segmentation

On the basis of our in-depth analysis, Global Fibre Optic Cable Market can be segmented as follows:

Based on Cable Type

  • Single Mode Fibre Optic Cable
  • Multi-mode Fibre Optic Cable

Based on Optical Fibre Type

  • Glass optical fibre
  • Plastics optical fibre

Based on Application

  • Long-Distance Communication
  • Submarine Cable
  • Local Mobile Metro Network
  • CATV (Cable Antenna Television)
  • Industrial
  • Medical and military & aerospace applications
  • Others (Security, Fiber optics lighting)

By Region

  • North America Fibre Optic Cable Market Analysis, 2016–2024
  • Europe Fibre Optic Cable Market Analysis, 2016–2024
  • The Middle East And Africa Fibre Optic Cable Market Analysis, 2016–2024
  • Latin America Fibre Optic Cable Market Analysis, 2016–2024
  • Asia Pacific Fibre Optic Cable Market Analysis, 2016–2024
  • Rest Of The World Fibre Optic Cable Market Analysis, 2016–2024

Analysis of Fibre Optic Cable Market by Goldstein Research contains a detailed overview of the global fibre optic cable market. The market research report highlights the competitive outlook of major global players that includes business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis of fibre optic cable market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global fibre optic cable market discussed in the report are: Prysmian Group, HTGD, AFL, Furukawa Electric, Corning, YOFC , Futong Group, Fujikura, Sumitomo Electric, Tongding Optic-Electronic , CommScope , Sterlite , FiberHome , Jiangsu Eastern , ZTT , General Cable , Belden , Fasten Group , Nexans , Kaile, AFC, Optical Cable, Yangtze Optical Fibre & Cable, Cable Joint Stock Limited Company, OfsFite, Finolex Cable Limited, Australian Fibreoptic Communications,etc.

Further, the report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Fibre Optic Cable Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

Get market report sample @ https://www.goldsteinresearch.com/request-sample/global-fiber-optic-cable-industry-market-outlook

About Goldstein Research

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