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U.S. Fiber Optic Market is Projected to Reach USD 3.56 Billion by 2025

The U.S. fiber optics market size accounted for USD 2.65 billion in 2017 and is expected to grow at a steady pace through 2025.

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U.S. Fiber Optic Market is Projected to Reach USD 3.56 Billion by 2025

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  1. Your Catalyst To a Lucrative Business U.S. Fiber Optics Market Size, Share, Analysis, Growth, Trends, Outlook and Forecasts to 2025 | Hexa Research “U.S. fiber optics market size accounted for USD 2.65 billion in 2017 and is expected to grow at a steady pace through 2025.” 10 September 2018 The U.S. fiber optic market size is expected to reach USD 3.56 billion by 2025. This growth is attributed to increasing demand from widespread applications owing to its high quality, cost-effectiveness, durability, and scalability over the past few years. This has introduced potential opportunities in passive telecommunication infrastructures, such as fixed line cabling, data centers and communication towers. Institutional investors are lured by reliable returns and long-term contracts with telecom operators, thus, aiding the U.S. fiber optic market. Key factors affecting the future competitiveness of the U.S. fiber optics industry include access to foreign markets and ability of the industry to develop new technologies. The emergence of a digital economy has driven the market over the past decade. High penetration of the Internet and wireless communication has led to a rise in demand for broadband transmission capacity in recent years. This, in turn, has boosted demand for optic fiber. Constant developments in Internet connectivity has simplified day-to-day lives; big data technology is one such development contributing to market expansion. The adoption rate of fiber optic connection in various end-use applications in North America is approximately 8.4% and is expected to increase over the forecast period. This growth is attributed to government initiatives to connect to underserved areas. Browse Details of Report @ https://www.hexaresearch.com/research-report/us-fiber-optics-market Follow Us:

  2. Your Catalyst To a Lucrative Business Fiber optics are also used in military and satellite remote sensing operations, which is also likely to boost their demand. Moreover, increasing scope of application in the medical sector, such as in laser delivery system, equipment interconnects, and light conductors, is also slated to drive the market over the next few years. Traditionally, these materials were commonly used for light therapy, clinical diagnostics, ophthalmic laser, x-ray imaging, endoscopy, microscopy, and others. Fiber sensing technology is widely used in the oil and gas sector and is expected to grow at a significant rate during the next few years. Safety and efficient production has become an essential part of offshore and onshore oil and gas operations. Optical fibers, which can withstand high temperature/pressure and harsh environments, are suitable for such applications. Thus, manufacturers are launching efficient and durable products targeting specific industries. For instance, Furukawa Company provides a fully distributed sensor with fibers such as graded and single mode. Increasing deployment of optical fibers as sensing elements in non-transmission applications in various industries is expected to drive the market in the coming years. Industrial use is expected to be the fastest-growing segment over the forecast period. The cable installers segment held the largest market share owing to high adoption of optic fibers in offices and house/building connectivity. The innovative and popular concept of smart homes is also expected to drive the fiber optic market in the coming years. Hexa Research has segmented the U.S. fiber optic market report based on product type and end-use Segmentation by product type, 2015 - 2025 (USD Billion) • Single mode cable • Multi-mode cable Segmentation by end use, 2015 - 2025 (USD Billion) • Cable installers • Wholesalers & Distributors • Industrial users Key players analyzed: • Corning Incorporated • Optical Cable Corporation • US Conec Ltd. • The Furukawa Electric Co. Ltd. • Ciena Corporation Browse Related Category Market Reports@ https://www.hexaresearch.com/research- category/communications-infrastructure-industry Follow Us:

  3. Your Catalyst To a Lucrative Business Table of Content of U.S. Fiber Optics Market Chapter 1. Executive Summary Chapter 2. Methodology and Scope 2.1. Research methodology 2.2. Assumptions 2.3. List of data sources Chapter 3. Introduction 3.1. Research scope & market segmentation Chapter 4. U.S. Fiber Optics Market Trends: Drivers & Opportunities 4.1. Key industry trends 4.1.1. Market drivers 4.1.2. Market restraints 4.2. Supply chain analysis 4.3. Porter's Five Forces analysis Chapter 5. U.S. Fiber Optics Market Trends, By product type 5.1. U.S. fiber optics market movement, by product type, 2017 & 2025 5.1.1. Single mode cable 5.1.1.1. Market estimates and forecast, 2015 - 2025 (USD Billion) 5.1.2. Multi-mode cable 5.1.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion) Chapter 6. U.S. Fiber Optics Market Trends, By end use 6.1. U.S. fiber optics market movement, by product type, 2017 & 2025 6.1.1. Cable installers 6.1.1.1. Market estimates and forecast, 2015 - 2025 (USD Billion) 6.1.2. Wholesalers & Distributors 6.1.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion) 6.1.3. Industrial users. 6.1.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion) Chapter 7. Competitive Landscape 7.1. Company market share analysis, 2017 7.2. Strategic framework 7.3. Company profiles 7.3.1. Corning Incorporated 7.3.1.1. Company Overview 7.3.1.2. Product Benchmarking Follow Us:

  4. Your Catalyst To a Lucrative Business 7.3.1.3. Financial Performance 7.3.1.4. Recent Initiatives 7.3.2. Optical Cable Corporation 7.3.2.1. Company Overview 7.3.2.2. Product Benchmarking 7.3.2.3. Financial Performance 7.3.2.4. Recent Initiatives 7.3.3. US Conec Ltd. 7.3.3.1. Company Overview 7.3.3.2. Product Benchmarking 7.3.3.3. Financial Performance 7.3.3.4. Recent Initiatives 7.3.4. The Furukawa Electric Co. Ltd. 7.3.4.1. Company Overview 7.3.4.2. Product Benchmarking 7.3.4.3. Financial Performance 7.3.4.4. Recent Initiatives 7.3.5. Ciena Corporation 7.3.5.1. Company Overview 7.3.5.2. Product Benchmarking 7.3.5.3. Financial Performance 7.3.5.4. Recent Initiatives 7.3.6. List of other vendors Follow Us:

  5. Your Catalyst To a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - https://www.hexaresearch.com Follow Us:

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