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Ribbon Fiber Optic Cable Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

Global Ribbon Fiber Optic Cable Market- (By Type – Single Mode and Multi-Mode; By Termination – With MT Connector and Without MT Connector; By Application – FTTx, Long-Distance Communication, Local Mobile Metro Network, Other Local Access Network, Avionics Networks, Digital Video Systems and Others; and By Region) - Industry Dynamics, Market Size and Opportunity Forecast, 2030

  • Published On: 30-Mar-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0322188
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Ribbon Fiber Optic Cable Market

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2021US$ 2,834.6 Mn
Expected Revenue in 20230US$ 7,623.2 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2030
UnitValue (USD Mn)
CAGR11.6% 
Segments coveredBy Type, Termination, Application, and Region
Leading playersCorning, CommScope, Fujikura Ltd, Prysmian, Nexans, and other prominent players.
Customization ScopeGet your customized report as per your preference. Ask for customization

FREQUENTLY ASKED QUESTIONS

Ribbon fiber cable takes up much less space than individually buffered optical fibers because the ribbon contains only coated optical fibers.

Global Ribbon Fiber Optic Cable Market was valued at US$ 2,834.6 Mn in 2021. 

Global Ribbon Fiber Optic Cable Market is estimated to expand at a CAGR of 11.6% over the forecast period.

The market is majorly driven by factors such as rising need for better speed and greater bandwidth among industries and rapid rise in urbanization, industrialization, and consumer spending.

Factors such as complications associated with error solving process and lack of trained staff are hampering the growth of global ribbon fiber optic cable market.

Surging government investment in infrastructural development in emerging regions and a growing number of smart data centers are providing a lucrative opportunity for market growth.

The various segments of the Global Ribbon Fiber Optic Cable Market are based on type, termination, application, and region.

Multi-mode segment has the highest share in the Global Ribbon Fiber Optic Cable Market in 2021.

The FTTx application segment holds the highest share in the Global Ribbon Fiber Optic Cable Market in 2021.

Asia Pacific dominates the Global Ribbon Fiber Optic Cable Market.

The key players in the Global Ribbon Fiber Optic Cable Market are Corning, CommScope, Fujikura Ltd, Prysmian, and Yangtze Optic Fiber and Cable Joint Stock Limited Company (YOFC) among others.