Fiber Optics Market Size to reach $4.7 billion by 2023

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According to a new report Global Fiber Optics Market, published by KBV research, the Global Fiber Optics Market size is expected to reach $4.7 billion by 2023, rising at a market growth of 6.1% CAGR during the forecast period.

The North America market holds the largest market share in Global Multi-Mode Fiber Optics Market by Region in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 4.6 % during the forecast period. The Europe market is expected to witness a CAGR of 5.9% during (2017 - 2023) in Global Single Mode Fiber Optics Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 7.7% during (2017 - 2023).

The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years. The major strategies followed by the market participants are Product launches and Partnerships & Collaborations.

KBV Cardinal Matrix - Fiber Optics Market

Fiber Optics Market Size

Source: KBV Research Analysis, Company Publications and Secondary Research

The Telecom market holds the largest market share in Global Fiber Optics Market by Vertical in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 5.1 % during the forecast period. The Military & Aerospace market is expected to witness a CAGR of 5.8% during (2017 - 2023). Additionally, The Medical market would garner market size of $615.0 million by 2023.

Full Report:https://www.kbvresearch.com/fiber-optics-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Fiber Optics Market have been discussed in the report with the competition analysis and elaborated company profiles of Corning Incorporated, Optical Cable Corporation (OCC), LS Cable & System, Furukawa Electric Co., Ltd. (OFS Fitel, LLC), Prysmian Group, AFL Global, Birla Furukawa Fibre Optics Limited, Leoni AG, Finisar Corporation, and General Cable.

Global Fiber Optics Market Size Segmentation

By Type

  • Multi-Mode
  • Single Mode
  • Others

By Vertical

  • Telecom
  • Military & Aerospace
  • Oil & Gas
  • Medical
  • Others

By Geography

  • North America Fiber Optics MarketSize
    • US Fiber Optics MarketSize
    • Canada Fiber Optics MarketSize
    • Mexico Fiber Optics MarketSize
    • Rest of Global Fiber Optics MarketSize
  • Europe Fiber Optics Market
    • Germany Fiber Optics Market
    • UK Fiber Optics Market
    • France Fiber Optics Market
    • Russia Fiber Optics Market
    • Spain Fiber Optics Market
    • Italy Fiber Optics Market
    • Rest of Europe Fiber Optics Market
  • Asia Pacific Fiber Optics Market
    • China Fiber Optics Market
    • Japan Fiber Optics Market
    • India Fiber Optics Market
    • South Korea Fiber Optics Market
    • Singapore Fiber Optics Market
    • Malaysia Fiber Optics Market
    • Rest of Asia Pacific Fiber Optics Market
  • LAMEA Fiber Optics Market
    • Brazil Fiber Optics Market
    • Argentina Fiber Optics Market
    • UAE Fiber Optics Market
    • Saudi Arabia Fiber Optics Market
    • South Africa Fiber Optics Market
    • Nigeria Fiber Optics Market
    • Rest of LAMEA Fiber Optics Market

Companies Profiled

  • Corning Incorporated
  • Optical Cable Corporation (OCC)
  • LS Cable & System
  • Furukawa Electric Co., Ltd. (OFS Fitel, LLC)
  • Prysmian Group
  • AFL Global
  • Birla Furukawa Fibre Optics Limited
  • Leoni AG
  • Finisar Corporation
  • General Cable

Unique Offerings from KBV Research

  • Exhaustive coverage of Global Fiber Optics Market Size
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

North America Fiber Optics Market (2017-2023)

Europe Fiber Optics Market (2017-2023)

Asia Pacific Fiber Optics Market (2017-2023)

LAMEA Fiber Optics Market (2017-2023)

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