A closer look at the overall Fibre Optics business scenario presented through self-explanatory charts, tables, and graphics images add greater value to the study.

New York, NY -- (SBWire) -- 03/30/2019 --The global Fibre Optics market is expected to reach USD 8.43 billion by 2026, according to a new report by Reports and Data. The increasing demand for fibre optic cables in the military due to their higher bandwidth, cyber security and security against signal interference a major factor affecting market demand. Globally, countries have started realizing the need for better data services and cyber security, thus are shifting towards Fibre Optics to maintain their privacy.

The need for high speed data transfer in social media sites, videos and other consumer apps is driving the market demand. In its "Future Telecoms Infrastructure Review (FTIR)" the UK government declared its objective of 'industry-led switchover' from copper to complete fibre. Hence, investment in 5G is more likely to drive the fibre optics market.

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The major players covered in this report are: Finisar (U.S.), Furukawa Electric (Japan), General Cable Corporation (U.S.), Corning Inc. (U.S.), AFL Global (U.S.), Leoni AG (Germany), LS Cable & System (South Korea), Prysmian Group (Italy), and Finolex (India)

Understanding the market size
The size of the Fibre Optics market is viewed in terms of the Share of Market, Total Available Market as well as Served Available Market. Not only does the study present the combined revenue for a particular market but also the market size for a specific geographic region. Analysis of percentage or the size of the Total Available Market based on the type of product, technology, regional constraints and others form an important part of the Fibre Optics report.

Fibre Optics Market by Cable Type (Revenue, USD Million; 2018-2026)
- Single-Mode
- Multi-Mode

Fibre Optics Market by Fibre Optic Cable Type (Revenue, USD Million; 2018-2026)
- Glass
- Plastics

Fibre Optics Market by Application (Revenue, USD Million; 2018-2026)
- Communication
- Non-Communication

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Knowing the trends influencing the industry performance
Stakeholders, marketing executives and business owners planning to refer a market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.

Our trend analysts look for the crucial connection between consumer trends, behaviour and values, to provide context for the sectors, demographics and global themes that matter to you.

Further key findings from the report suggest:
- Multimode fibre optics dominated the market in the year 2018 with a market share of USD 1.93 billion.
- Single mode fibre is used in the installation of long distance and offers less loss of power as compared to the other. However, the single mode is more expensive than multi-mode.
- Telecom application is expected to lead the market in the predicted period. Medical and military will witness significant growth and with stringent government policies, the medical sector will flourish as well, thus driving up the market for Fibre Optics.
- Increasing adoption of cloud-based services, video-on-demand services and audio-video services are further pushing the market for fibre optics.
- Asia Pacific market is forecasted to occupy a market share of 21% in the coming years. North America holds a larger market share owing to its huge resources and easy acceptance of the latest technology. Asia Pacific market will grow due to government policies and the availability of skilled labor.

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Table Of Content:
Chapter 10. Company Profiles
10.1. Corning Inc.
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Type Insights
10.1.4. Strategic Initiatives
10.2. Prysmian Group
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Type Insights
10.2.4. Strategic Initiatives
10.3. Finisar
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Type Insights
10.3.4. Strategic Initiatives
Continue...

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