Increasing Use Of Polymer Optic Fiber In The Global Communication And Energy Wire And Cable Market

Companies Included: Sumitomo Electric Industries Ltd, Prysmian Group, Furukawa Electric Industries Ltd

Communication and energy wire and cable manufacturing companies offer insulated fiber optic cable and other communication and energy wire manufacturing. These include cable, coaxial cable, communications wire and cable.

The communication and energy wire and cable manufacturing market in this report is segmented in to fiber optic cable manufacturing and other communications and energy wire manufacturing.

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The global communication and energy wire and cable market has been growing in the past years with a CAGR of almost 4%. The year 2017 recorded growth in this market with a net market value more than 10% higher than that of 2013, as per TBRC’s in-house consultants.

TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.

The report also shows the global communication and energy wire and cable market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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Polymer optic fiber is widely being used in automotive, aircraft manufacturing, electronics and other industries apart from telecommunications industry. Polymer optic fiber which is similar to glass optic fiber is made with polymer and transmits light through the core of fiber. It comprises polymethyl methacrylate(PMMA) which facilitates light transmission along with fluorinated polymers which is the cladding material. Polymer optic fibers are light weight and comparatively less expensive and support bit rates of up to 10Gbps. Polymer optic fiber applications include Internet Of Things, home networking, sensors for structural health monitoring. Major companies offering polymer optic fiber include Mitsubishi Rayon, Asahi Kasei, Asahi Glass and Fujifilm.

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Companies included in the report are Sumitomo Electric Industries Ltd, Prysmian Group, and Furukawa Electric Industries Ltd.

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