Fiber Optic Components Market Scope and Analysis by 2027
Fiber Optic Components Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 18.66 Billion |
Market Size by 2031 | US$ 42.39 Billion |
Global CAGR (2023 - 2031) | 10.8% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Fiber Optic Components Market News and Recent Developments
The fiber optic components market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In September 2023, Fujitsu developed an optical transmission technology that can deliver data at a rate of up to 1.2 Tbps per optical wave. This is equivalent to transferring the data from six Blu-ray discs (each with a capacity of 25 GB) in just one second.
(Source: Fujitsu, Press Release, 2023)
Fiber Optic Components Market Report Coverage and Deliverables
The "Fiber Optic Components Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles