In 2015, revenue for the Optical Fiber and Cable Manufacturing industry is expected to increase 16.8% to $30.2 billion. Over the five years through 2015, industry revenue has been growing at an average annualized rate of 27.0%. High domestic demand growth over the period (26.4% annually) has been due to a large number of information technology and telecommunications projects that required the industry's products. The information technology and telecommunications sectors have become the major markets for optical fiber and cable due to strong household demand for internet and mobile phone services. Power generation firms are another important market for this industry.
The industry comprises establishments that manufacture optical fiber and optical cables, as well as auxiliary devices like optical cable connectors. Optical fibers and cables are mainly used to transmit light signals, which are ideal for carrying high fidelity and high bandwidth multimedia information across long distances.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.