Global Single Mode Optical Fiber Market, By Type (G.652, G.653, G.654, G.655, G.656, G.657), By Appl

Published Date: | Report Code : IT1958303

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Growing demand from end-use industry applications in developing regions and promotion of application-specific grades by companies is expected to drive the single-mode optical fiber market during the forecast period. This market has witnessed the number of key developments in terms of application-specific grade developments and strategic investments in emerging regions by companies to strengthen their market position in the global market. Some of the other key factors governing the market dynamics include regulatory scenario, exchange rates, environmental constraints, and so on. All these factors are expected to have a significant impact on the dynamics of the single-mode optical fiber market during the forecast period.

Single-mode optical fiber cables are mostly designed to help the transmission of a single ray or mode of light as a carrier. They are generally used for long-distance signal transmission. These single-mode optical fibers can carry higher bandwidths and provide users with a higher transmission rate when compared to multimode fiber. This type of optical fiber has widely used in fiber-optic communications, as they allow transmission over longer distances and at higher bandwidths than wire cables.

Segment Analysis:

The global single-mode optical fiber market is segmented based on type and application.

Based on type, it is segmented into G.652, G.653, G.654, G.655, G.656, G.657. The G.657 type has witnessed a rise in their usage and demand due to its increased adoption in long haul and metro city networks.

By application, it is segregated into telecommunication & networking, data centers, CATV, factory automation & industrial networking, military, and others. The increase in broadband penetration and digitalization has also positively impacted the market

Key Factors Impacting Market Growth:

  • Its advantages such as high attenuation & dispersion, higher data transmitting capabilities, and usability within high-speed & large capacity networks

  • Rise in the internet penetration, and surge in adoption of fiber to the home (FTTH) connectivity

  • Increasing need for fast & improved networking and network services

Regional Analysis:

By region, the single-mode optical fiber market has been segmented in North America, Europe, Asia Pacific, Middle East, and Rest of the World. The North America and Western Europe regions are estimated to register a stable demand during the forecast period with market recovery from recent slowdowns. North America region includes the US, Canada, and Mexico. The US is estimated to dominate this market with a sizeable share followed by Canada, and Mexico. The industrial sector is a major contributor to the US and Canada economies overall. Hence, the supply of advanced materials in production activities is critical to the overall growth of industries in this region. Western Europe region is dominated by Germany, the UK, France, Italy, and Spain. These countries also have a strong influence on the industrial sector resulting in sizeable demand for single mode optical fiber market.

Asia Pacific is estimated to register the highest CAGR by region during the forecast period. The presence of some of the high growth economies such as China and India is expected to propel the demand in this region. Besides, this region has witnessed strategic investments by major companies to increase their market presence. The Middle East and Eastern Europe are estimated to be other key regions for the single-mode optical fiber market with a strong market potential during the forecast period. Rest of the World consisting of South America and Africa are estimated to be emerging markets during the forecast period.

Companies Covered: CommScope, FiberHome, Furukawa Electronic Co. Ltd., Sumitomo Electric Industries Ltd., The Prysmian Group, Corning Inc., Fujikura Ltd., Nexans S.A., Cable Joint Stock Limited Company, Sterlite Technologies Ltd., and Yangtze Optical Fiber.

Market Segmentation:

By Type:

  • G.652

  • G.653

  • G.654

  • G.655

  • G.656

  • G.657

By Application:

  • Telecommunication & Networking

  • Data Centers

  • CATV

  • Factory Automation & Industrial Networking

  • Military

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Type

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Type

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Type

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global single-mode optical fiber market on a regional and global basis

  • Unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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