Optical interconnections offer various advantages over metallic interconnections including higher bandwidth; lower crosstalk, higher interconnection densities, inherent parallelism, immunity from ground loops & electromagnetic interference, lower clock and signal skew etc.
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Fiber Optics Market Size, Segmentation To 2020: Grand View Research, Inc.
1. Fiber Optics Market Analysis And Segment Forecasts To
2020
Increasing need for high speed connectivity is expected to drive the fiber optics
market. Optical interconnections offer various advantages over metallic
interconnections including higher bandwidth; lower crosstalk, higher
interconnection densities, inherent parallelism, immunity from ground loops &
electromagnetic interference, lower clock and signal skew etc. These benefits
provide higher communication efficiency with lower power consumption.
Additionally, increasing need for data security owing to wide use of broadband
services is further expected to favor the fiber optics market.
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2. Rising demand data usage by segments such as gaming and video which require
high speed connectivity is also expected to positively impact market growth.High
manufacturing and maintenance cost may act as restraint to market growth over the
forecast period. The fiber optics market can be segmented on the basis of
application including, oil & gas, utilities, telecommunication, military &
aerospace, private data networks, cable television and biomedical etc.
Telecommunication application is expected to grow considerably over the next six
years owing to increasing wireless network upgradation for 3G and broadband
network access.
3. Asia Pacific is expected to be the key regional segment owing to increasing 3G and
4G usages in countries like India and China. Demand for FTTH/FTTC is expected
to drive North America and European market growth. Few industry participants
include Optical Cable Corporation, Corning Inc., Fujikura Limited, Sterlite
Technologies, Birla Furukawa Fibre Optics Limited, Ofs Fitel, Finolex Cable
Limited, Australian Fibreoptic Communications (AFC), and Yangtze Optical Fiber
& Cable Co. Ltd. Market players are investing in research and new product
developments in order to increase their market share.
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market/request-toc
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