Multimode Optical Fiber - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Multimode Optical Fiber market is growing at a CAGR of 17.5% during the 2019 to 2027. Some of the key factors propelling the market growth are growing demand for superior bandwidth and quicker speed connections and technological development in the fiber optic cable. However, huge initial cost is the restraining factor for the growth of the market.
Multi-mode optical fiber is a kind of optical fiber frequently used for communication over short distances. Multimode optical fiber is made to take multiple light rays at the same time with a slightly different reflection angle. Multimode fiber cable can be used for small distances as the modes disperse over longer lengths. Multi-mode links can be used for data rates up to 100 Gbit/s.
By application, medical segment is expected to grow at the significant market share during the forecast period due to gaining importance in laser delivery systems and light illumination and conduction. Continuing trend of minimally invasive surgeries and technological developments. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to execution of projects such as smart cities in different economies of Asia-Pacific including China and India. Also emergence of Internet of things and fiber to home connectivity are further positively influencing multimode optical fiber market in the region.
Some of the key players in Multimode Optical Fiber Market include Alcatel-Lucent, Corning
Fasten Fiber optics Co., Ltd (FPC), Fiber Home Technologies Group, Fujikura, Furukawa Electric, Futong Group, Hengtong Optic-electric, Pirelli, Shenzhen Tefa Touchplus Information Corp, Sumitomo Electric, Tongding Group and Yangtze Optical Fibre and Cable Company Ltd. (YOFC).
• Gradient Type
• Step index Fiber
• Electric Power System
• Energy/Rail Transit
• Information Technology& Telecom
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.