Market Highlights

The fiber optic cable assemblies market will touch USD 4 billion at a 7% CAGR between the forecast period 2017- 2023, states the recent Market Research Future (MRFR) analysis. Fiber optic cable assemblies serve as a medium of electronic and data (A/V) signal transmission from a single point to another in packets of light or optical energy. Some of its alluring features include high transmission rate & bandwidth, distortion-free signals, and low noise. Such cable assemblies have been designed to withstand harsh exterior environments, thereby ensuring greater durability.



Various factors are propelling the fiber optic cable market growth. According to the recent MRFR report, such factors include the growing demand for high bandwidth from different industries like oil and gas, automotive, healthcare, and telecommunication, increasing adoption of mobile devices like tablets and smartphones, growing adoption of 4G LTE network platforms, growing demand of services such as audio and video services, cloud applications, and online gaming by enterprises and residential users, fragility, and cost-effectiveness.



On the contrary, installation challenges and the current COVID-19 impact may deter the global optical fiber cable market growth over the forecast period.

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Segmentation:

The MRFR report highlights an inclusive segmental analysis of the global fiber optic cable assemblies market based on end users, mode types, product types, and cable length.

By cable length, the global fiber optic cable assemblies market is segmented into standard and custom.

By mode types, the global fiber optic cable assemblies market is segmented into multiple mode, single mode, and others. Of these, the single mode segment will lead the market over the forecast period.

By product types, the global fiber optic cable assemblies market is segmented into fibre jumpers, high complex breakout assemblies, long length assemblies, connectorized assemblies, and others.

By end users, the global fiber optic cable assemblies market is segmented into industries, government and defense, IT and telecommunication, and automotive. Of these, IT and telecommunication will dominate the market over the forecast period.

Regional Analysis

By region, the fiber optic cable assemblies market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, North America will have the lion's share in the market over the forecast period. Growing demand in different sectors such as telecommunication, industries, aerospace, and defense, increasing use in different power transmission and metrology, and electronic automation is adding to the global fiber optic cable assemblies market growth in the region.

In Europe, the global fiber optic cable assemblies market is predicted to have the second-largest share over the forecast period. Positive economic outlook, and increased use in the defense sector and data transmission are adding to the fiber optic cable assemblies market growth in the region.

In the APAC region, the global fiber optic cable assemblies market is predicted to have healthy growth over the forecast period. Increasing adoption of advanced technologies & growing investments in telecommunication and IT companies are adding to the global fiber optic cable assemblies market growth in the region.

In the RoW, the global fiber optic cable assemblies market is predicted to have sound growth over the forecast period.

Key Players

Key players profiled in the fiber optic cable assemblies market report include Delphi Automotive PLC (U.K), Amphenol Fiber Systems International (U.S), Molex Incorporated (U.S), Carlisle Companies Incorporated (U.S), TE Connectivity (Switzerland), Fiber connection Inc. (Canada), Optec Technology Limited (Hong Kong), Finisar Corporation (U.S), and RF industries (U.S.).

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Fiber Optic Cable Assemblies Market, By Cable Length (Custom, Standard), By Mode Types Type (Single Mode, Multiple Mode), By, Product Types (Connectorized Assemblies, Long Length Assemblies, High Complex Breakout Assemblies, Fibre Jumpers), By End Users - Forecast 2027

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