Global Ribbon Fiber Optic Market (2021 to 2027) - by Type, Application, Estimation & Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 3, 2021--
The “Global Ribbon Fiber Optic Market, By Type (Single Mode, Multi-mode), Application (FTTx, Long Distance Communication, Local Mobile Metro Network, Other Local Access Network, CATV, Others), Estimation & Forecast till 2027” report has been added to ResearchAndMarkets.com’s offering.
The global ribbon fiber optic market valued at market size of USD 2,589.5 Million in 2020, and is expected to reach USD 5,384.6 Million by 2027. The global ribbon fiber optic market is anticipated to grow at a CAGR of 11.3% over the forecast period.
Huge growth in the number of data centers, is one of the most important factors driving the demand for network equipment and materials at a huge pace. Additionally, increased data traffic volume has resulted in urgent need for optical fiber networks in data centers to be enhanced for higher capacity usage. Governments of various countries, across the globe are also investing huge amount of funds, towards the development of telecommunication infrastructure to promote digitization. These factors are expected to fuel the market growth to a great extent.
Among other regions, Asia pacific is expected to dominate the market with the largest share in 2020. Asia-Pacific has witnessed a boom in telecommunication industry in the past few years. Continuous growth in data traffic volume, due to growing digitization is the most important factor, attributed to the dominance of Asia pacific region in ribbon fiber optic market.
Global ribbon fiber optic market is a moderately fragmented market, with the presence of international and local players across various regions. The market players are focusing on development of additional features in ribbon fiber optics, in order to provide better bandwidth and data speed to the users. Companies are making efforts to bundle the maximum number of fibres into the smallest possible cable to maximise fibre density and duct space utilisation. These developments by market players, are expected to provide competitive edge to the companies.
- CommScope, Inc.
- Corning Inc.
- Fujikura Ltd.
- OFS Fitel, LLC
- Prysmian SpA
- Sterlite Tech
- Sumitomo Electric Lightwave Corporation (Sumitomo Electric Industries Ltd.)
- The Siemon Company
- Yangtze Optic Fibre
- Cable Joint Stock Limited Company (YOFC)
- Growing numbers of data centers across the globe
- Increased demand for improved internet speed and highest bandwidth
- Fragile nature of ribbon fiber optic is expected to constraint the market growth
The global ribbon fiber optic market report answers questions such as:
- What is the market size and forecast of the global ribbon fiber optic market?
- What are the key factors influencing the global ribbon fiber optic market?
- What are the inhibiting factors and impact of COVID-19 on the global ribbon fiber optic market during the assessment period?
- Which are the applications to invest in over the assessment period in the global ribbon fiber optic market?
- What are the technology trends in the global ribbon fiber optic market?
- What strategies are being adopted by the market players, during the assessment years in global ribbon fiber optic market?
Key Topics Covered:
Chapter 1. Research Framework
Chapter 2. Research Methodology
Chapter 3. Executive Summary: Global Ribbon Fiber Optic Cable Market
Chapter 4. Global Ribbon Fiber Optic Cable Market Overview
4.1. Industry Value Chain Analysis
4.2. Sales Channel
4.3. Five Forces Analysis
4.4. Market Dynamics and Trends
4.5. Covid-19 Impact Assessment on Market Growth Trend
4.6. Market Growth and Outlook
4.7. Competition Dashboard
Chapter 5. Ribbon Fiber Optic Cable Market Analysis, By Type
Chapter 6. Fiber Optic Cable Market Analysis, By Application
Chapter 7. Fiber Optic Cable Market Analysis, By Region/Country
Chapter 8. North America Ribbon Fiber Optic Cable Market Analysis
Chapter 9. Europe Ribbon Fiber Optic Cable Market Analysis
Chapter 10. Asia Pacific Ribbon Fiber Optic Cable Market Analysis
Chapter 11. Middle East and Africa Ribbon Fiber Optic Cable Market Analysis
Chapter 12. South America Ribbon Fiber Optic Cable Market Analysis
Chapter 13. Company Profile
For more information about this report visit https://www.researchandmarkets.com/r/p9nhzk
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INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS
SOURCE: Research and Markets
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PUB: 09/03/2021 10:37 AM/DISC: 09/03/2021 10:37 AM