The telecommunication companies prefer to implement fiber optic cables in their activities.
The global fiber optic cable market is projected to develop at 11.18% CAGR during the forecast period ranging from 2018 to 2025.
The rising demand for high-speed bandwidths with the least latency is likely to be the prime driving force behind the market.
Augmenting resistance to shifting temperatures and electromagnetic intervention is likely to be an advantage for the market.
The friable nature of the strands can be considered as a threat to the market growth.
However, several technological progressions and adoption of novel tougher materials can spur the market demand during the future.Key PlayersGlobal fiber optics cables manufacturers are Prysmian Cables & Systems Limited (U.K.), CommScope Inc. (U.S.), Hengtong (China), Kaile Science and Technology Co, Ltd. (China), Nexans S.A. (France), Furukawa Electric Co. Ltd. (Japan), SterliteTech (India), FUJIKURA LTD. (Japan), Fiber Home (China), Futong (Hong Kong), Belden (U.S.), ZTT International Limited (India), Jiangsu Fasten Company Limited (China), YOFC (China), Jiangsu Etern, Co., Ltd. (China), TongDing, Group Co., Ltd. (China), FOLAN (U.K.), and Corning Inc. (U.S.), and Sumitomo Electric, Ltd. (Japan).Segmentation:MRFR’s report segments the global market based on application and type.