What is Ribbon Fiber Optic Cable Market Scope?
Ribbon fiber optic cable is a distinctive fiber optic cable. Unlike the beam optical cable, the ribbon fiber optic cable is also arranged into a strip. Ribbon fiber optic cable is an appropriate solution for space and weight problems. These cable ribbons are coated optical fibers that are placed side by side, and further encapsulated into a Mylar tape, which is similar to a miniature version of the wire ribbons used in the computer wiring. A single ribbon fiber optic cable may contain 4, 8 or 12 optical fibers and the ribbons can be arranged up to 22 high. Since the ribbon contains only coated optical fibers, these cables can take up much less space than any individually buffered optical fiber. Hence, ribbon cables are much denser than other cable designs. These cables are ideal for applications where the available space is limited, for instance in an existing canal that has very little space left for any additional cable the ribbon cables can be easily used. Ribbon cables are mostly used in the construction of inner-city circle trank cable networks, due to the large capacity and multi-core features that enable the jumper box crossing task in any local optical area network. Ribbon cables are seldom used in any kind of inter-provincial long-distance trunk cable.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | CommScope, Inc. (United States), Corning, Inc. (United States), Fujikura Ltd. (Japan), OFS Fitel, LLC (United States), Prysmian SpA (Italy), Sterlite Tech (India), Nexans (France), Sumitomo Electric Lightwave Corporation (United States), The Siemon Company (United States) and Yangtze Optical Fiber and Cable Joint Stock Company (China) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Ribbon Fiber Optic Cable market study is being classified by Type (Non-Flame Retardant and Formulated Flame Retardant), by Application (Indoor and Outdoor) and major geographies with country level break-up.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Ribbon Fiber Optic Cable market throughout the predicted period.
CommScope, Inc. (United States), Corning, Inc. (United States), Fujikura Ltd. (Japan), OFS Fitel, LLC (United States), Prysmian SpA (Italy), Sterlite Tech (India), Nexans (France), Sumitomo Electric Lightwave Corporation (United States), The Siemon Company (United States) and Yangtze Optical Fiber and Cable Joint Stock Company (China) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Finisar (United States), W.L. Gore & Associates (United States), AFL Global (United States), Radiall (France) and Furukawa Electric Co., Ltd. (Japan).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Ribbon Fiber Optic Cable market by Type, Application and Region.
On the basis of geography, the market of Ribbon Fiber Optic Cable has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Many leaders in cloud services are planning to execute and install their data centers in European countries. For e.g., Amazon is planning to build a USD 1.08 Million data center in Dublin (Ireland); whereas IBM plans to open three data centers in United Kingdom; also, post creating two data centers in Ireland and Denmark, Facebook announced to built its third data center in Denmark. Furthermore, Interxion has plans to invest USD 87.8 Million to construct new data center facilities in London, Frankfurt, and Stockholm. This steady growth in data centers count in upcoming years will allow vendors in the supply chain of data center construction to look forward to the open opportunities in the market. Thus, with rising data center construction, the demand for ribbon optic fiber cable is anticipated to increase, which would create substantial business space for ribbon fiber optic cable market players in the future.
British Standard Institution has mandated some standards in manufacturing fiber optic cables including "BS 6425-1" which determines the amount of halogen acid gas evolved during the combustion of polymeric materials taken from cables. In addition to this, "BS 6425-2" determines the degree of acidity (corrosivity) of gases by measuring PH and conductivity. Moreover the "BS 6724, Appendix F" provides Measurement of smoke density using the 3 m test cube (Absorbance).
Influencing Market Trend
- A Rise in the Trend for Instant High-Speed Data Providing, and Long Distance Telecommunication
- Growing Trend in Having a Strong IT Infrastructure and Robust Internet Connectivity
Market Drivers
- Rising Demand for the Service of Internet across the Globe, More Development in the Administrative, IT & Telecommunication, and Other Sectors
- Growing Demand & Adoption of Social Medical amongst the Population, Technological Advancement in This Field to Increasing Efficiency & Reliability
Opportunities
- Increasing Technology-Based Organizations, Operating on Social Networks and Internet Spaces for Cost-Saving
- The Rise Inclination towards Improvised Manageability for Various Types of Assignments, Further Pushing the Demand for High Data Rate Capacity
Restraints
- Signal Losses due to Fiber Damages
- Extremely High Initial Investments Required for Ribbon Fiber Optic Cable Installation
Challenges
- Growing Transportation Costs for the Sensitive Electrical and Telecommunication Equipments
- Development in the Field Of Wireless Technology
Key Target Audience
Manufacturers of Ribbon Optic Fiber Cable, Ribbon Optic Fiber Cables Upstream and Downstream Buyers, Post Purchase Maintenance Personnel, Research Institutes and Organizations, Telecommunication Industry Associations, Government Bodies and Others
Customization available in this Study:
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.