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The Latin America, Middle East and Africa Fiber Optics Market would witness market growth of 7.5% CAGR during the forecast period (2017-2023). Growing demand for optical communication and sensing applications in various applications provides market opportunities. Additionally, the growing demand for cost-effective, power-efficient, and high-level integration of IT infrastructure is factors that would drive the demand in the future. Factors such as huge capital needed for the development of the new fabrication technologies would be a major factor that would limit the market expansion.
Based on Type, the Fiber Optics market segments the market into Multi-Mode, Single Mode, and Others. Based on Vertical, the Fiber Optics market segments the market into Telecom, Military & Aerospace, Oil & Gas, Medical, and Others. Based on Countries, the Fiber Optics market segments the market into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA. The market research report covers the competition analysis of key stake holders of the Latin America, Middle East and Africa Fiber Optics Market.
Key companies profiled in the report include Corning Incorporated, Optical Cable Corporation (OCC), LS Cable & System, Furukawa Electric Co., Ltd. (OFS Fitel, LLC), Prysmian Group, AFL Latin America, Middle East and Africa, Birla Furukawa Fibre Optics Limited, Leoni AG, Finisar Corporation, and General Cable.