The global Fiber Optic Cable market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of XX% throughout the estimate period from 2020 to 2027.
The global fiber optic cable market is predicted to undergo a recession period, due to the coronavirus (COVID-19) outbreak. Increased number of morbidity and mortality rates have caused a slowdown in revenue generation activities and affected the construction of fiber optic cable networks. Due to the high prevalence of COVID-19 cases in Western Europe, the construction of Fiber to the home (FTTH) networks has been temporarily halted. On the other hand, companies in the U.S. fiber optic cable market are gaining momentum for the construction of 5G network across cities. Thus, the extent of economic slowdown and the demand for optical products is varying as per different countries.
Uncertain ramifications of coronavirus are anticipated to cause a global recession with the issue of short-term unavailability of resources and capital for the construction of optic networks.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Fiber Optic Cable market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Fiber Optic Cable market growth.
The global Fiber Optic Cable market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
• Corning Inc.
• Prysmian Group
• HTGD
• Furukawa Electric Co., Ltd.
• Yangtze Optical Fiber and Cable (YOFC)
• Sumitomo Electric Lightwave Corp.
• Tongding Interconnection Information Co. Ltd
• CommScope
• Sterlite Tech
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Fiber Optic Cable Market: Segmentation
Fiber Optic Cable Market, by Fiber Type
• Single-mode Fiber
• Multi-mode Fiber
• Others
Fiber Optic Cable Market, by Cable Design
• Ribbon Tube
• Loose Tube
• Tight Buffered
• Central Core
• Others
Fiber Optic Cable Market, by Deployment
• Underground
• Underwater
• Aerial
• Others
Fiber Optic Cable Market, by End-use Industry
• IT & Telecommunication
• Energy & Power
• Healthcare
• Aerospace & Defense
• Others
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
• North America
? U.S.
? Canada
• Europe
? Germany
? U.K.
? Italy
? France
? Rest of EU
• Asia Pacific
? China
? India
? Japan
? Southeast Asia
? Rest of APAC
• Central & South America
? Brazil
? Argentina
? Rest of Central & South America
• Middle East and Africa
? UAE
? Saudi Arabia
? Rest of MEA