The global market for Multimode-Fiber Cable is expected to register a CAGR of more than 20.5% during the forecast period 2022-2027.
The optical fibers are getting smaller and smaller to the deployment challenges being raised by end-use applications. As telecom operators started looking for high fiber count cables in reduced diameters, optical fiber, and cable manufacturers are investing in research and development to realize smaller fibers and cables. Multimode-Fiber Cable is a significant building block in the telecommunication infrastructure. Over the last decade, fiber optics are catering to aggressive bandwidth demands, especially telecommunication companies, and have become the preferred transmission medium. Enhanced telecom and Broadband connectivity will boost tourism and employment generation in the Islands, which will further give an impetus to the economy and raise standards of living. The new network will enable delivery of faster and more reliable mobile and landline telecom services to the Andaman and Nicobar Islands, at par with other parts of the country.
The Multimode-Fiber Cable Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market Hengtong (China), ZTT International Limited (India, Nexans S.A. (France), Fiber Home (China), TongDing, Group Co., Ltd. (China), Belden (U.S.), SterliteTech (India), Futong (Hong Kong), Kaile Science and Technology Co, Ltd. (China), CommScope Inc. (U.S.), Corning Inc. (U.S.), FOLAN (U.K.), FUJIKURA LTD. (Japan), Prysmian Cables & Systems Limited (U.K.), YOFC (China), Sumitomo Electric, Ltd. (Japan), Furukawa Electric Co. Ltd. (Japan),Sojitz Corporation, Jiangsu Fasten Company Limited (China), Jiangsu Etern, Co., Ltd. (China)
November 2019 - Sojitz Corporation, NTT Communications Corporation (NTT Com), NEC Corporation and NEC Networks & System Integration Corporation (NESIC) jointly announced that a plan to upgrade communications infrastructure connecting the major cities of Nay Pyi Taw, Yangon, Mandalay and Thilawa Special Economic Zone (SEZ), Myanmar, under an official order from Myanma Posts and Telecommunications, the country’s largest telecommunications operator.
Multimode-Fiber Cable Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Applications it is segmented into
The market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further split into countries such as U.S., and Canada. The Europe region is further considered into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
The Multimode-Fiber Cable Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Multimode-Fiber Cable Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 20.5% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Hengtong (China), ZTT International Limited (India, Nexans S.A. (France), Fiber Home (China), TongDing, Group Co., Ltd. (China), Belden (U.S.), SterliteTech (India), Futong (Hong Kong), Kaile Science and Technology Co |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 104 |
Customization Available | Yes, the report can be customized as per your needs |
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What CAGR growth is expected to be evident by the conclusion of the forecast period?
An 20.5% CAGR is projected to define the development of the market.
What is the value of the Global Multimode-Fiber Cable Market?
The Global Multimode-Fiber Cable Market was estimated to be valued at $7.4 billion in 2021.
What are the problems to fiber optic cable market growth?
The problems in the joining are likely to affect the receipt rates in the forecast period.
What forces are stimulating the fiber optic cable market's progress?
The high paced growth in the space and motor sectors is likely to push the growth of the market.
Who are the contestants vying for a share in the fiber optic cable market?
Prysmian Cables & Systems Limited (U.K.), Corning Inc. (U.S.), FOLAN (U.K.), Kaile Science and Technology Co, Ltd. (China), FUJIKURA LTD. (Japan), CommScope Inc. (U.S.), Jiangsu Fasten Company Limited (China), YOFC (China), Sumitomo Electric, Ltd. (Japan) and Furukawa Electric Co. Ltd. (Japan) are the contenders in the market.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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