Market Analysis Report U.S. Fiber Optic Market

Your Catalyst to a Lucrative Business Browse Details of Report @ https://www.hexaresearch.com/research-report/us-fiber-optics-market 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/technology- industry Follow Us:

Market Analysis Report U.S. Fiber Optic Market | Page 2