March 29, 2021 06:22 AM Eastern Daylight Time
Global Fiber Optic Cables Market to Reach $16.5 Billion by 2027
Amid the COVID-19 crisis, the global market for Fiber Optic Cables estimated at US$ 8 Billion in the year 2020, is projected to reach a revised size of US$ 16.5 Billion by 2027, growing at a CAGR of 10.9% over the period 2020-2027.
Single-Mode Cable, one of the segments analyzed in the report, is projected to record 10.1% CAGR and reach US$ 8.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Multi-Mode Cable segment is readjusted to a revised 11.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 14.4% CAGR
The Fiber Optic Cables market in the U.S. is estimated at US$ 2.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$ 3.5 Billion by the year 2027 trailing a CAGR of 14.2% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 9.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Global Competitor Market Shares
Fiber Optic Cables Competitor Market Share Scenario Worldwide (in %): 2020E
Global Competitor Market Shares by Segment
2. FOCUS ON SELECT PLAYERS (Total 35 Featured):
Coherent Inc.
Commscope Inc.
Corning Inc.
Finisar Corporation
Fujikura Ltd
Furukawa Electric Co. Ltd
Hengtong Group Co. Ltd
Hitachi Cable America Inc. (Hitachi Cable)
Leoni AG
LS Cable & System (LS Group)
Nestor Cables Ltd
Nexans SA
Prysmian Group
Sterlite Technologies Ltd
Sumitomo Electric Industries Ltd
Yangtze Optical Fiber and Cable Joint Stock Ltd Co.
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
Market Analytics
CANADA
JAPAN
CHINA
EUROPE
Market Facts & Figures
Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
Total Companies Profiled: 35
For more information about this report visit https://www.researchandmarkets.com/r/72r8ng
BUSINESS WIRE |
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