Fiber Optics Cable Market to offer a healthy CAGR of 2.2% during 2020-25
February 07, 2020
Fiber Optics Cable Market Overview:
Fiber Optics Cable Market for Military and Aerospace is likely to witness a timid CAGR of 2.2% during the forecast period. Development in the fiber optic cables market for military and aerospace can be credited to the rising commercial acceptance of fiber optics and their evolution in platforms, such as unmanned structures, satellites, and space launch vehicles.
Report Overview:
This new report from Stratview Research analyses the Fiber Optics Cable Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Fiber Optics Cable Market Segment Insights:
Communication System: The Market Leader
Based on the application type, the market is segmented as cabin interiors, avionics, in-flight entertainment (IFE) systems, flight management systems, communication systems, radar systems, electronic warfare, and others. The communication systems segment led the market in 2018. This growth can be attributed to the mounting employment of fiber optic cables in unmanned systems and military aircraft for high speed data communication.
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/747/fiber-optics-cable-market-for-military-and-aerospace.html
Dominance of: Military and Single-Mode
Based on the end-use type, the market is segmented as commercial, military, and space. The military segment is estimated to lead the market in the coming five years, owing to the growing use of fiber optic cables for C4ISR applications for high speed communication.
Based on the type, the market is segmented as single-mode and multi-mode. The single-mode segment is expected to register a higher growth during the forecast period. Acceptance of single-mode fiber optic cables to link defense units, such as military weapon stations and command centres is estimated to lead to the growth of the market in the coming five years.
A highly/moderately/fragment consolidated Market
Some of the major players in the fiber optics cable market are Amphenol, Carlisle Companies, Corning Inc., TE Connectivity, Finisar, Ofs Fitel, Optical Cable Corporation, Prysmian Group, Rockwell Collins, and W.L. Gore & Associates.
Regional Hegemony of North America & the dominance of OE-sales
In terms of regions, the North American region led the fiber optic cables market for military and aerospace in 2018. The US and Canada are the major growth engines of this region. Growing adoption of fiber optic cables for high-speed land connectivity and obtaining military and commercial aircraft is anticipated to drive the growth of the fiber optic cables market for military and aerospace in North America. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
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