India Optical Fiber and Accessories Market Volume Analysis, Segments, Value Share and Key Trends 2019-2026
The global market status for India Optical Fiber and Accessories is precisely examined through a smart research report added to the broad database managed by Facto Market Insights. The study discusses the prime market growth factors along with future projections expected to impact the India Optical Fiber and Accessories Market during the period between 2019 and 2026. Furthermore, readers can gather knowledge about the economic status, demographics and competitive landscape which is prevailing in the concerned industry. In addition, a deep analysis of the competitive landscape, including prime market players is also enclosed in this report.
The India optical fiber and accessories market size was valued at $461.6 million in 2018 and is projected to reach $1.66 billion by 2026, growing at a CAGR of 17.2% from 2019 to 2026. An optical fiber is a transparent and flexible fiber made by drawing glass or plastic, which is used to transmit light. The optical fiber has wide usages in fiber-optic communications, where they allow transmission over longer distances and at higher bandwidths than wire cables. The adoption of fiber optic cables to send signals with less amount of loss has increased over the period, which drives the growth of the market. The Optical Fiber Accessories Market was valued at $303.2 million in 2018 and is estimated to reach $741.9 million by 2026, growing at CAGR of 11.7% from 2019 to 2026.
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Growth in need for fast and improved networking & network services and an increase in broadband connections in developing economies are anticipated to be the major drivers of the India optical fiber and accessories market. Moreover, rising demand for optical communication and sensing applications for different purposes, pressing demand for optical fiber cable (ofC) in the IT & telecom sector, increasing internet penetration, and surging adoption of fiber to the home (FTTH) connectivity are expected to drive the optical fiber industry growth. However, high installation cost and enhanced adoption of wireless communication systems are expected to impede the market growth. Conversely, rise in government investments in fiber optic network cable (ofC network) infrastructures is expected to present major opportunities for market expansion during the forecast period.
The India optical fiber and accessories market is segmented by component, cable category, end use, and region. In components segment, comparative analysis is done between current market trends and revenue of copper cables and optical fibers. Also, the import data for each cable type and accessory has been tracked. This segment is divided into fiber optic cable, fiber optic cable accessories, copper cable, and copper cable accessories. By cable category, it comprises CAT5, CAT5E, CAT6, CAT6A, CAT7, CAT8, and others. Based on end use, it is categorized into telecom & IT, public sector, healthcare, energy & utilities, aerospace & defense, manufacturing, and others. Based on region, the market is analyzed across North ( include Delhi, Haryana, Himachal Pradesh, and Uttar Pradesh), South (includes Andhra Pradesh, Telangana, Karnataka, Kerala, Pondicherry, and Tamil Nadu), East (West Bengal, Bihar, Jharkhand, Odisha, Chhattisgarh, and Assam), and West (includes Goa, Gujrat, Maharashtra, Rajasthan, and Madhya Pradesh) region.
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The key players profiled in the report include Sterlite Technologies Limited., Finolex Cables Ltd., Birla Cable Limited, Vindhya Telelinks Ltd., Universal Cables Limited, Polycab India Limited, Gupta Power Infrastructure Ltd., KEC International Limited, APAR Industries Limited, and Aksh OptiFibre Ltd.
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.3. Top Winning Strategies
3.4. Porter'S Five Forces Analysis
3.5. Market Share Analysis, 2018
3.5.1. Drivers
3.5.1.1. Widespread Implementation of 5G
3.5.1.2. Increase In Adoption of Fiber To The Home (Ftth) Connectivity
3.5.1.3. Emergence of Internet of Things (Iot)
3.5.2. Restraints
3.5.2.1. High Installation Cost
3.5.2.2. Growth In The Wireless Communication Systems
3.5.3. Opportunities
3.5.3.1. Technological Advancements In The Fiber Optic Cable Technology
3.5.3.2. Rising Investments In Optical Fiber Cable (ofc) Network Infrastructure
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