DUBLIN--(BUSINESS WIRE)--The "Multimode-Fiber Optic Cable Global Market Report 2020" report has been added to ResearchAndMarkets.com's offering.
The global multimode fiber optic cable market was worth $6.23 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 19.29% and reach $12.6 billion by 2023.
Multimode-Fiber Optic Cable Global Market Report 2020 from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global multimode-fiber cable market.
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The technological advancement in the fiber optic cable act as a key trend driving the growth of the single-mode fiber cable market. Wavelength division multiplexing (WDM) is the recent technological improvement in the fiber cables. Wavelength division multiplexing is a technique of multiplexing the number of optical carrier signals through a single optical fiber channel by varying the wavelengths of laser lights. WDM allows communication in all directions in fiber cable. WDMs are used on a single optical fiber to blend light signals coming from different optical fibers. This is attained by using a coupler at the WDM input. In 2023, Asia-pacific is expected to be the fastest growing market for WDMs and multiple companies in China such as ZG Technology, Optic Network Technology, are the leading manufacturers and suppliers of WDMs.
The multimode fiber optic cable market consists of sales of multimode fiber cables and related services that are used in various industries such as telecom, broadcasting, military/aerospace, healthcare, and power. The multimode fiber cable is an optical fiber cable, which is designed to carry multiple light rays simultaneously with a slightly different reflection angle. Multimode fiber cable can be used for short distances as the modes disperse over longer lengths.
The multimode fiber optic cable market is segmented by product type into step index fiber and gradient type. It is also segmented by application into IT & telecom, government, energy, automotive, industries and others.
Rising demand for higher bandwidth and faster speed connections will enhance the growth of the multi-mode fiber cable market. There is a surge for high bandwidth from enterprises and individuals due to increased use of the internet for video calls, gaming, online shopping, and social media. Fiber optic cable depends on light to transmit data instead of electricity so that it can speed up the internet connections that are capable of handling higher bandwidth.
Major players in the market are Corning, TE Connectivity, CommScope, 3M, Fujikura, Amphenol, Molex, Prysmian, OFS Furukawa, and Belden.
Key Topics Covered:
1. Executive Summary
2. Multimode-Fiber Optic Cable Market Characteristics
3. Multimode-Fiber Optic Cable Market Size and Growth
3.1. Global Multimode-Fiber Optic Cable Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers of the Market
3.1.2. Restraints on the Market
3.2. Global Multimode-Fiber Optic Cable Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers of the Market
3.2.2. Restraints on the Market
4. Multimode-Fiber Optic Cable Market Segmentation
4.1. Global Multimode-Fiber Optic Cable Market, Segmentation by Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
- Step index Fiber
- Gradient Type
4.2. Global Multimode-Fiber Optic Cable Market, Segmentation by Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
- IT & Telecom
5. Multimode-Fiber Optic Cable Market Regional and Country Analysis
5.1. Global Multimode-Fiber Optic Cable Market, Split by Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Multimode-Fiber Optic Cable Market, Split by Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
- Berk-Tek Leviton
- General Cable
- HUBER + SUHNER
- Kaile Science & Technology
- LS cable
- OFS Furukawa
- Optical Cable Corporation
- Superior Essex
- TE Connectivity
- Yangtze Optical Fibre and Cable
For more information about this report visit https://www.researchandmarkets.com/r/rydzvp