DUBLIN--(BUSINESS WIRE)--The "Fiber Optic Cables Market for Military and Aerospace by Application (Avionics, Cabin Interiors, Flight Management Systems, IFE Systems, Communication Systems, Radar Systems, Electronic Warfare), End Use, Type, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The fiber optic cables market for military and aerospace is estimated to be USD 1.82 billion in 2018 and is projected to reach USD 2.00 billion by 2023, at a CAGR of 1.93% from 2018 to 2023.
Growth of the fiber optic cables market for military and aerospace can be attributed to the increasing commercial adoption of fiber optics and growth in platforms, such as unmanned systems, space launch vehicles, and satellites. Fiber optic cables are prone to damage and transmission loss which may restrain growth of the market.
Based on end use, the military segment is estimated to lead the fiber optic cables market for military and aerospace in 2018. Modernization programs of armies and increasing adoption of fiber optic cables for C4ISR applications for high speed communication are expected to drive the market for fiber optic cables for military and aerospace.
Based on application, the communication systems segment is estimated to lead the fiber optic cables market for military and aerospace in 2018. The high growth can be attributed to the increasing use of fiber optic cables in unmanned systems and military aircraft for high speed data communication.
The North American region is estimated to lead the fiber optic cables market for military and aerospace in 2018. The US and Canada are the key countries considered for market analysis in this region. Increasing adoption of fiber optics for high speed land connectivity and procurement of military and commercial aircraft are expected to fuel the growth of the fiber optic cables market for military and aerospace in North America.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Fiber Optic Cables Market for Military and Aerospace, By Application
8 Fiber Optic Cables Market for Military and Aerospace, By End Use
9 Fiber Optic Cables Market for Military and Aerospace, By Type
10 Regional Analysis
11 Competitive Landscape
12 Company Profiles
- AFL
- Amphenol
- Carlisle Companies
- Corning
- Finisar
- Ofs Fitel
- Optical Cable Corporation
- Prysmian Group
- Radiall
- Rockwell Collins
- TE Connectivity
- W.L. Gore & Associates
For more information about this report visit https://www.researchandmarkets.com/research/xf3krz/2_billion_fiber?w=4
