DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Fiber Optics Market Analysis By Type (Single Mode, Multimode, Plastic Optical Fiber), By Application (Telecom, Oil & Gas, Military & Aerospace, BFSI, Medical, Railway), By Region, And Segment Forecasts, 2014 - 2025" report to their offering.
The global fiber optics market is expected to reach USD 9.12 billion by 2025
The growing necessity of data security in the military & aerospace sector has increased the growth and penetration of this technology. There is a huge demand for fiber optic connectors in the security sector owing to their bandwidth capabilities, inherent security, and protection against signal interference. The growing adoption of the optical technology in medical and aerospace arenas is anticipated to revolutionize the market by 2025.
Leading players integrate vertically across the entire supply chain to stay ahead in the competition by compensating for inadequacies, increasing revenue, and eliminating competitive scenarios. The upcoming era is expected to witness the adoption of technology in the dynamic application segment that includes railways, architecture & construction, and BFSI, owing to the growing automated high-tech maintenance requisites and escalating importance of data (as an asset).
The growing penetration of technology is encouraging manufacturers and suppliers to invest in research & development for creating better products. As the production and installation of products tend to be quite tedious and costly processes, researchers are focusing on innovating reliable and cost-effective products. Accordingly, production is being optimized by manufacturers worldwide, regulating efficiency and prices to curb alternatives to fiber optics technology.
Key industry participants include Corning, Inc. (U.S.), Optical Cable Corporation (U.S.), Sterlite Technologies Limited (India), and OFS Fitel, LLC (U.S.).
Key Topics Covered:
1 Methodology and Scope
2 Executive Summary
3 Fiber Optics Industry Outlook
4 Fiber Optics Market: Application Estimates & Trend Analysis
5 Fiber Optics Market: Type Estimates & Trend Analysis
6 Fiber Optics Market: Regional Estimates & Trend Analysis
7 Competitive Landscape
- Corning Incorporated
- Optical Cable Corporation (OCC)
- Sterlite Technologies Limited
- OFS Fitel, LLC
- Prysmian S.p.A.
- Birla Furukawa Fibre Optics Limited
- Finolex Cables Ltd.
- Yangtze Optical Fibre
- Cable Joint Stock Limited Company (YOFC)
For more information about this report visit https://www.researchandmarkets.com/research/zf77sw/fiber_optics