According to a market report by Lucintel, the future of the global fiber optic cable market looks promising with opportunities in the telecommunication, data center & cloud provider, power utility & smart grid, defense & aerospace, industrial automation & control, healthcare & medical, and oil & gas & offshore markets. The global fiber optic cable market is expected to grow with a CAGR of 10.4% from 2025 to 2031. The major drivers for this market are the increasing demand for high speed internet networks, the rising adoption in telecommunication & data centers, and the growing use in smart city infrastructure projects.
A more than 150-page report to understand trends, opportunity and forecast in fiber optic cable market to 2031 by cable type (armored cable, non-armored cable, ribbon cable, and others), fiber mode (single-mode fiber, multi-mode fiber, and plastic optical fiber), installation type (aerial/overhead, underground/buried, submarine/under-water, and indoor/drop cables), end use (telecommunications, data centers & cloud providers, power utilities & smart grid, defense & aerospace, industrial automation & control, healthcare & medical, oil & gas & offshore, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the cable type category, armored cable is expected to witness the highest growth over the forecast period.
Within the end use category, telecommunication is expected to witness the highest growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Prysmian Group, Corning Inc., Sumitomo Electric Industries Ltd., Furukawa Electric Co., Ltd., CommScope Holding Company Inc., Fujikura Ltd., Nexans S.A., LS Cable and System Ltd., OFS Fitel LLC, Sterlite Technologies Ltd. are the major suppliers in the fiber optic cable market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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