Investment in infrastructure for 5G Will Support Sustained Demand for Fiber Optic Cable

CLEVELAND, May 13, 2021 /PRNewswire/ — Fiber optic cable demand is projected to advance 3.0% per year to $3.6 billion in…

CLEVELAND, May 13, 2021 /PRNewswire/ — Fiber optic cable demand is projected to advance 3.0% per year to $3.6 billion in 2025. Single-mode products will remain the bulk of demand, accounting for 73% of sales.

Fiber optic cable has many advantages over the conventional copper-based coaxial and unshielded twisted pair wires that it competes with, and this will support market growth. These advantages include:

  • higher bandwidth capabilities
  • longer transmission distances
  • immunity to EMI and RFI
  • higher reliability and security
  • lower maintenance costs

In addition, as communication systems improve, fiber optic cable can often be easily converted to newer, higher capacities by changing network and line terminals that house the laser transmitters, rather than by relaying cables.

Fiber optic technology continues to advance, broadening the scope of use for these products. One technology seeing expanded use is radio over fiber (ROF). In addition to being used to support 5G communications, ROF has potential applications in avionics systems. The use of ROF systems in aircraft would aid in lightweighting while reducing interference issues and addressing long-term concerns about radio spectrum congestion.

These and many more trends are presented in the new study Insulated Wire & Cable.

About the Freedonia Group – The Freedonia Group, a division of MarketResearch.com, is the premier international industrial research company, providing our clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.

Press Contact:

Corinne Gangloff

+1 440.842.2400

cgangloff@freedoniagroup.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/investment-in-infrastructure-for-5g-will-support-sustained-demand-for-fiber-optic-cable-301291193.html

SOURCE The Freedonia Group