Global Optical Fiber & Plastic Conduit Market (2018 to 2026) - Drivers, Restraints and Opportunities - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 26, 2020--
The “Optical Fiber & Plastic Conduit Market in Telecom & IT by Product: Global Opportunity Analysis and Industry Forecast, 2018-2026” report has been added to ResearchAndMarkets.com’s offering.
According to this report the global optical fiber and plastic conduit market was valued at $4,151.2 million in 2018, and is projected to reach $11,779.9 million by 2026, growing at a CAGR of 20.6% from 2019 to 2026.
The optical fiber industry is expected to provide promising growth prospects throughout the forecast period, owing to increase in investments and research undertaken by prominent optical fiber cable manufacturers in the industry to develop and upgrade the fiber optics technology application area. In addition, the plastic conduit systems market denotes a promising picture for future growth of efficient cable management. The recent business scenario has witnessed an upsurge in usage of cable conduit systems across commercial and industrial constructions. Companies are now adopting efficient techniques to provide consumers with innovated and cost-efficient products.
The rising demand for single-mode optical fibers is expected to grow during the forecast period, as the world is facing a shortage of single-mode cabling. The main reason for this fiber shortage is the rise in fiber-to-the-home (FTTH) network projects, which had increased the fiber consumption by 46% of the whole world. Moreover, single-mode optical fiber cable offers numerous benefits, which includes high attenuation and dispersion, greater data-transmitting capabilities, usability within high-speed & large capacity networks, and others, which have been boosting its adoption among the end users. Furthermore, ongoing efforts to increase the penetration of telecom services in the emerging countries of the Asia-Pacific region are attributed to the increasing demand for single-mode cable in the region, which is opportunistic for the optical fiber and plastic conduit market.
Factors such as widespread implementation of 5G, increasing adoption of fiber to the home connectivity, emergence of internet of things, and growing demand for highly secure and safe wiring systems are anticipated to be major drivers of the global optical fiber and plastic conduits market. However, high installation cost and complications in installation of optical fiber and plastic conduits, growing demand for wireless communication system, and increasing prices of raw materials act as major drivers hampering the market growth globally. Furthermore, technological advancements in fiber optic cables and plastic conduits, rising investments in optical fiber cable network infrastructure, and emergence of cable in conduit system offers lucrative opportunities to the market growth globally.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
2.1. Key Findings
2.1.1. Top Impacting Factors
2.1.2. Top Investment Pockets
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Key Forces Shaping The Optical Fiber And Plastic Conduit Market
3.3. Optical Fiber And Plastic Conduits Key Player Positioning, 2018
3.4. Market Dynamics
188.8.131.52. Widespread Implementation of 5G
184.108.40.206. Increase In Adoption of Fiber To The Home (Ftth) Connectivity
220.127.116.11. Emergence of Internet of Things (IoT)
18.104.22.168. Demand For Highly Secure And Safe Wiring System
22.214.171.124. High Installation Cost of Optical Fiber And Conduits
126.96.36.199. Growth In The Wireless Communication Systems
188.8.131.52. Rise In Technological Advancements In Optical Fiber And Plastic Conduits
184.108.40.206. Increase In Investments In Optical Fiber Cable (ofc) Network Infrastructure
220.127.116.11. Emerging Trends Toward Cable-In-Conduits Systems
3.5. Optical Fiber Vs Plastic Conduits In It & Telecom Industry-Trend Analysis
Chapter 4: Optical Fiber Market, By Mode
4.2. Single Mode
4.2.1. Key Market Trends, Growth Factors, And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis, By Country
4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis, By Country
Chapter 5: Optical Fiber Market, By Product Type
5.2. Glass Optical Fiber
5.2.1. Key Market Trends, Growth Factors, And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis, By Country
5.3. Plastic Optical Fiber
5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis, By Country
Chapter 6: Optical Fiber Market, By Connectivity
6.2. Fiber-To-The-Home (Ftth)
6.2.1. Key Market Trends, Growth Factors, And Opportunities
6.2.2. Market Size And Forecast, By Region
6.2.3. Market Analysis, By Country
6.3. Fiber-To-The-Business (Fttb)
Chapter 7: Optical Fiber Market, By Industry Vertical
7.2. Telecom & It
7.3. Public Sector
7.5. Energy & Utilities
7.6. Aerospace & Defense
Chapter 8: Plastic Conduit Market In It And Telecom Industry, By Product
8.2. Rigid Conduits
8.3. Flexible Conduits
Chapter 9: Optical Fiber And Plastic Conduits Market, By Region
9.2. North America
9.4. Asia Pacific
Chapter 10: Optical Fiber Cable:-Company Profiles
10.1. Corning Incorporated
10.2. Emtelle UK Ltd.
10.3. Fujikura Ltd.
10.4. Furukawa Electric Co., Ltd.
10.5. Hexatronic Group Ab
10.6. Sterlite Technologies Ltd.
10.7. The Kuhkenah Network (K-Net) Services
10.8. The Prysmian Group
Chapter 11: Plastic Conduits:- Company Profiles
11.1. Atkore International
11.2. Akg Group
11.3. Cantex Inc.
11.4. Dura-Line Holding, Inc.
11.5. Prime Conduit
For more information about this report visit https://www.researchandmarkets.com/r/t9ghtl
View source version on businesswire.com:https://www.businesswire.com/news/home/20200226005460/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: ENGINEERING CHEMICALS/PLASTICS MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2020.
PUB: 02/26/2020 07:39 AM/DISC: 02/26/2020 07:39 AM