Description
Global Fiber Optics Market Research Report—Forecast Till 2026
MARKET OUTLOOK
the post-COVID- 19 global fiber optics market size is anticipated to register a significant compound annual growth rate (CAGR) of 8.4% during the review period to surpass USD 14,194.0 million by 2026. The growing requirement for high bandwidth connectivity is rising with the advancements in end-use applications across several industry verticals and the shift from traditional server-based operations to cloud-based platforms.
The global fiber optics market is expected to register a significant market growth during the review period owing to the highest market value of USD 8,130.0 million in 2019. The fiber optics market growth is propelled by the increasing demand for high-speed internet services and the rising use of FTTX networks. Moreover, the increasing demand for fiber optic cables in the aerospace and automotive industries is creating new opportunities for the major players to innovate and expand their business to the next level. It is widely used across various end-use industries such as telecom & broadband, industrial, military, utilities, and aerospace.
Market Segmentation
The global fiber optics market has been classified into mode type, application, end-user, and region.
In terms of the mode type segment, the global market has been bifurcated into single-mode and multi-mode. The single-mode segment is anticipated to command the market throughout the forecast period at a higher CAGR of 8.9% during the review period. Single-mode fiber is an important part of broadband networks and is designed for long distances data transmission.
By end-user segment, the global fiber optics market has been categorized into telecom & broadband, industrial, military, utilities, aerospace, and other uses. The telecom & broadband segment is expected to lead the global market owing to the rising demand for high-speed internet services has increased the use of fiber optics in the telecommunications & broadband market.
Regional Analysis
Geographically, the global fiber optics market has been classified into North America, Europe, Asia-Pacific, and South America, and the Middle East & Africa. Asia-Pacific led the fiber optics market in 2019 with a market value of USD 2,878.4 million and is anticipated to surpass USD 5,034.2 million in 2026 at a CAGR of 8.5%. The regional market growth is attributed to the rising investments in network infrastructure development and rapid industrialization.
North America contributes to the second largest market of the global fiber optics market. As per the MRFR analysis, the US is a leading market contributor followed by Canada and Mexico. The regional market growth is attributed to the high demand for high-speed internet services among end-user verticals, including the aerospace industry.
Europe is expected to register constant growth in the fiber optics market during the review period owing to the increasing adoption of FTTX networks and growing demand for high-speed Internet services.
Major Players
The key market players of the global fiber optics market are Corning Incorporated (US), Furukawa Electric Co. Ltd. (Japan), General Cable Corporation (US), Sterlite Technologies Limited (India), Prysmian Group (Italy), Finisar (US), AFL Global (US), Sumitomo Electric Industries, Ltd (Japan), LS Cable & System (South Korea), Leoni AG (Germany), and Optical Cable Corporation (US).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1 OVERVIEW 13
1.2 MARKET ATTRACTIVENESS ANALYSIS 14
1.2.1 GLOBAL ELECTRIC WHEELCHAIR MARKET, BY TYPE 14
1.2.2 GLOBAL ELECTRIC WHEELCHAIR MARKET, BY END USER 15
1.2.3 GLOBAL ELECTRIC WHEELCHAIR MARKET, BY REGION 16
2 MARKET INTRODUCTION
2.1 SCOPE OF THE STUDY 17
2.2 RESEARCH OBJECTIVE 17
2.3 MARKET STRUCTURE 17
2.4 ASSUMPTIONS & LIMITATIONS 18
3 RESEARCH METHODOLOGY
3.1 DATA MINING 19
3.2 SECONDARY RESEARCH 20
3.3 PRIMARY RESEARCH 21
3.4 BREAKDOWN OF PRIMARY RESPONDENTS 22
3.5 FORECASTING TECHNIQUES 23
3.6 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION 24
3.6.1 BOTTOM-UP APPROACH 25
3.6.2 TOP-DOWN APPROACH 25
3.7 DATA TRIANGULATION 26
3.8 VALIDATION 26
4 MARKET DYNAMICS
4.1 INTRODUCTION 27
4.2 DRIVERS 28
4.2.1 INCREASING GERIATRIC POPULATION 28
4.2.2 INCREASE IN CASES OF ACCIDENTS AND NEUROLOGICAL CONDITIONS 28
4.2.3 TECHNOLOGICAL AND SCIENTIFIC ADVANCES 28
4.2.4 DRIVERS IMPACT ANALYSIS 29
4.3 RESTRAINT 29
4.3.1 HIGH COST 29
4.3.2 UNFAVOURABLE REIMBURSEMENT POLICIES 29
4.3.3 RESTRAINT IMPACT ANALYSIS 30
4.4 OPPORTUNITIES 30
4.4.1 PRODUCT LAUNCHES 30
4.4.2 MERGERS & ACQUISITIONS 30
4.4.3 BUSINESS EXPANSIONS 30
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN 31
5.1.1 R&D AND DESIGNING 31
5.1.2 MANUFACTURING 31
5.1.3 DISTRIBUTION AND SALES 32
5.1.4 POST-SALES REVIEW 32
5.2 PORTER’S FIVE FORCES MODEL 33
5.2.1 THREAT OF NEW ENTRANTS 33
5.2.2 BARGAINING POWER OF SUPPLIERS 34
5.2.3 BARGAINING POWER OF BUYERS 34
5.2.4 THREAT OF SUBSTITUTES 34
5.2.5 INTENSITY OF RIVALRY 34
5.3 IMPACT OF COVID-19 ON THE GLOBAL ELECTRIC WHEELCHAIR MARKET 35
5.3.1 IMPACT ON THE GROWTH OF THE MARKET 35
5.3.2 IMPACT ON MAJOR MANUFACTURERS 35
5.3.3 IMPACT OF DECLINED SURGERIES ON HOSPITALS 35
5.3.4 IMPACT ON SUPPLY CHAIN 35
5.3.5 IMPACT ON DEMAND 35
6 GLOBAL ELECTRIC WHEELCHAIR MARKET, BY TYPE
6.1 INTRODUCTION 36
6.2 CENTER WHEEL DRIVE CHAIR 37
6.3 FRONT WHEEL DRIVE CHAIR 38
6.4 REAR WHEEL DRIVE CHAIR 38
7 GLOBAL ELECTRIC WHEELCHAIR MARKET, BY END USER
7.1 OVERVIEW 39
7.2 HOME CARE SETTINGS 40
7.3 HOSPITALS AND CLINICS 40
7.4 OTHERS 40
8 GLOBAL ELECTRIC WHEELCHAIR MARKET, BY REGION
8.1 INTRODUCTION 41
8.2 AMERICAS 42
8.2.1 NORTH AMERICA 43
8.2.1.1 US 45
8.2.1.2 CANADA 46
8.2.2 LATIN AMERICA 46
8.3 EUROPE 48
8.3.1 WESTERN EUROPE 49
8.3.1.1 GERMANY 51
8.3.1.2 FRANCE 51
8.3.1.3 UK 52
8.3.1.4 ITALY 53
8.3.1.5 SPAIN 53
8.3.1.6 REST OF WESTERN EUROPE 54
8.3.2 EASTERN EUROPE 55
8.4 ASIA-PACIFIC 56
8.4.1 CHINA 57
8.4.2 INDIA 58
8.4.3 JAPAN 59
8.4.4 AUSTRALIA 59
8.4.5 SOUTH KOREA 60
8.4.6 REST OF ASIA-PACIFIC 61
8.5 MIDDLE EAST & AFRICA 62
8.5.1 MIDDLE EAST 63
8.5.2 AFRICA 64
9 COMPETITIVE LANDSCAPE
9.1 OVERVIEW 65
9.2 COMPETITIVE BENCHMARKING 66
9.3 GLOBAL ELECTRIC WHEELCHAIR MARKET: COMPANY RANKING, 2019 67
9.4 MAJOR GROWTH STRATEGY IN THE GLOBAL ELECTRIC WHEELCHAIR MARKET 67
9.5 LEADING PLAYERS IN TERMS OF NUMBER OF DEVELOPMENTS 68
9.6 KEY DEVELOPMENTS & GROWTH STRATEGIES 68
9.6.1 PRODUCT APPROVALS AND LAUNCHES 68
9.6.2 ACQUISITIONS & ESPANSION 70
10 COMPANY PROFILES
10.1 INVACARE CORPORATION 71
10.1.1 COMPANY OVERVIEW 71
10.1.2 FINANCIAL OVERVIEW 71
10.1.3 PRODUCTS/SERVICES OFFERED 72
10.1.4 KEY DEVELOPMENTS 72
10.1.5 SWOT ANALYSIS 73
10.1.6 KEY STRATEGIES 73
10.2 SUNRISE MEDICAL 74
10.2.1 COMPANY OVERVIEW 74
10.2.2 FINANCIAL OVERVIEW 74
10.2.3 PRODUCTS/SERVICES OFFERED 74
10.2.4 KEY DEVELOPMENTS 75
10.2.5 SWOT ANALYSIS 76
10.2.6 KEY STRATEGIES 76
10.3 QUANTUM REHAB 77
10.3.1 COMPANY OVERVIEW 77
10.3.2 FINANCIAL OVERVIEW 77
10.3.3 PRODUCTS/SERVICES OFFERED 77
10.3.4 KEY DEVELOPMENTS 78
10.3.5 SWOT ANALYSIS 79
10.3.6 KEY STRATEGIES 79
10.4 DRIVE MEDICAL 80
10.4.1 COMPANY OVERVIEW 80
10.4.2 FINANCIAL OVERVIEW 80
10.4.3 PRODUCTS/SERVICES OFFERED 80
10.4.4 KEY DEVELOPMENTS 81
10.4.5 SWOT ANALYSIS 81
10.4.6 KEY STRATEGIES 81
10.5 PRIDE MOBILITY PRODUCTS CORP. 82
10.5.1 COMPANY OVERVIEW 82
10.5.2 FINANCIAL OVERVIEW 82
10.5.3 PRODUCTS/SERVICES OFFERED 82
10.5.4 KEY DEVELOPMENTS 83
10.5.5 SWOT ANALYSIS 83
10.5.6 KEY STRATEGIES 84
10.6 KARMAN HEALTHCARE, INC. 85
10.6.1 COMPANY OVERVIEW 85
10.6.2 FINANCIAL OVERVIEW 85
10.6.3 PRODUCTS/SERVICES OFFERED 85
10.6.4 KEY DEVELOPMENTS 86
10.6.5 SWOT ANALYSIS 86
10.6.6 KEY STRATEGIES 86
10.7 GF HEALTH PRODUCTS, INC. 87
10.7.1 COMPANY OVERVIEW 87
10.7.2 FINANCIAL OVERVIEW 87
10.7.3 PRODUCTS/SERVICES OFFERED 87
10.7.4 KEY DEVELOPMENTS 87
10.7.5 SWOT ANALYSIS 88
10.7.6 KEY STRATEGIES 88
10.8 OTTOBOCK 89
10.8.1 COMPANY OVERVIEW 89
10.8.2 FINANCIAL OVERVIEW 89
10.8.3 PRODUCTS/SERVICES OFFERED 89
10.8.4 KEY DEVELOPMENTS 89
10.8.5 SWOT ANALYSIS 90
10.8.6 KEY STRATEGIES 90
10.9 LEVO AG 91
10.9.1 COMPANY OVERVIEW 91
10.9.2 FINANCIAL OVERVIEW 91
10.9.3 PRODUCTS/SERVICES OFFERED 91
10.9.4 KEY DEVELOPMENTS 91
10.9.5 SWOT ANALYSIS 92
10.9.6 KEY STRATEGIES 92
10.10 PERMOBIL AB 93
10.10.1 COMPANY OVERVIEW 93
10.10.2 FINANCIAL OVERVIEW 93
10.10.3 PRODUCTS/SERVICES OFFERED 94
10.10.4 KEY DEVELOPMENTS 95
10.10.5 SWOT ANALYSIS 95
10.10.6 KEY STRATEGIES 96
11 APPENDIX
11.1 REFERENCES 97
11.2 RELATED REPORTS 97
