Global Fiber Optic Cables Market Research Report 2020

Fiber 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.
Asia-Pacific is the largest consumption area of Fiber Optic Cables industry, over 70% of Fiber Optic Cables are consumed in this region. Factors in near-term demand include continuation of the FTTH construction effort and 5G deployment. Although the FTTH projects of China Telecom and China Unicom already have passed a large percentage of the homes in China's major cities, the government's requirement to improve broadband coverage in rural areas, as well as the 5G network construction in the next few years, may be a factor keeping demand for optical cable at high levels after 2017.

Besides Asia-Pacific, North America is the second largest consumption market, followed by Europe.

Compared to the concentrated optical fiber perform industry, the concentration of Fiber Optic Cables industry is low. Leading manufacturers are Prysmian, HTGD, Furukawa, Corning, YOFC, etc. Concentration rate of top 6 is 39.48% % in 2018, compare to 37.94% in 2013.

In general, bulk purchase is the majority market status. Though the giants have occupied considerable market share, there are still a large quantity of manufacturers of Fiber Optic Cables with small capacity around the world.

Although sales of Fiber Optic Cables brought a lot of opportunities, the study recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Fiber Optic Cables field.

Market Analysis and Insights: Global Fiber Optic Cables Market
The global Fiber Optic Cables market is valued at 14680 million US$ in 2020 is expected to reach 22170 million US$ by the end of 2026, growing at a CAGR of 6.0% during 2021-2026.
Global Fiber Optic Cables Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Single-Mode
Multi-Mode

Segment by Application
Long-Distance Communication
FTTx
Local Mobile Metro Network
Other Local Access Network
CATV
Multimode Fiber Applications
Others

Global Fiber Optic Cables Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Fiber Optic Cables market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Fiber Optic Cables Market:

Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Prysmian, HTGD, Furukawa, Corning, Fujikura, Sumitomo, ZTT, LS, YOFC, FiberHome, Futong, Taihan, Supreme Cable, Jembo, CCSI, BELDEN, OPCOM, HBC Telecom, Thai China Fiber Optics, VNPT, SACOM, Viettel, etc.