 Global Fiber Optic Cable Assembly Market Growth (Status and Outlook) 2019-2024
      Global Fiber Optic Cable Assembly Market Growth (Status and Outlook) 2019-2024Fiber Optic Cable is a cable containing one or more optical fibers that are used to carry light. The optical fiber elements are typically individually coated with plastic layers and contained in a protective tube suitable for the environment where the cable will be deployed.
The most prominent factor driving the fiber optic cables market growth is rapidly growing internet traffic worldwide. With increasing proliferation of mobile devices, number of internet users is on rapid rise since the past few years. As of March 2017, there were nearly 3.74 Bn internet users across the globe, resulting into higher requirement of internet bandwidth. The demand for unceasing bandwidth is yielding significant growth in the global fiber optic cables market. Fiber optic cable provides a constant, stable and fast internet connection that allows high speed data transfer with minimal interference. In recent past, it has become noticeable that fiber optic cables are rapidly replacing copper cables and other metal wires due to their wide range of advantages over electrical transmission.
Furthermore, increasing expenditure on network infrastructure development is another major factor pushing the demand for fiber optic cables. Considering the immense benefits of fiber optic cables, more number of network providers are shifting towards establishing optical networks. Advent of Internet of Things (IoT) is expected to generate high demand for internet bandwidth in the following years. Thus, growing number of connected devices is expected to further support the market growth. However, high installation costs coupled with complex installation process of fiber optic cables acts as a restrain to the market. In addition, lack of industry standards have also hindered the demand for fiber optic cables in industrial environments as well as in subscriber networks.
According to this study, over the next five years the Fiber Optic Cable Assembly market will register a 7.9% CAGR in terms of revenue, the global market size will reach US$ 1700 million by 2024, from US$ 1080 million in 2019. In particular, this report presents the global revenue market share of key companies in Fiber Optic Cable Assembly business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Fiber Optic Cable Assembly market by product type, application, key companies and key regions.
This study considers the Fiber Optic Cable Assembly value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
    Single-Mode Fiber Optic Cable
    Multi- Mode Fiber Optic Cable
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
    Telecom/Datacom
    CATV and Broadcasting
    Military/Aerospace
    Power and New Energy
    Healthcare
    Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
        Spain
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
    Corning
    CommScope
    Prysmian
    OFS(Furukawa)
    Belden
    Fujikura
    General Cable
    Sumitomo
    Nexans
    LS cable
    3M
    HUBER + SUHNER
    Huihong Technologies Limited
    Huawei
    Delphi
    Amphenol
    Sumitomo Electric
    Molex
    Nexans Cabling solutions
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
    To study and analyze the global Fiber Optic Cable Assembly market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Fiber Optic Cable Assembly market by identifying its various subsegments.
    Focuses on the key global Fiber Optic Cable Assembly players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Fiber Optic Cable Assembly with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the size of Fiber Optic Cable Assembly submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
Summary: 
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