Fiber Optic Cables Market for Military and Aerospace Expected to Reach $2.00 Billion by 2023, at a CAGR of 1.93% from 2018 to 2023 - PowerPoint PPT Presentation

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Fiber Optic Cables Market for Military and Aerospace Expected to Reach $2.00 Billion by 2023, at a CAGR of 1.93% from 2018 to 2023

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According to the new research report "Fiber Optic Cables Market for Military and Aerospace by Application (Avionics, Cabin Interiors, Flight Management Systems, IFE Systems, Communication Systems, Radar Systems, Electronic Warfare), End Use, Type, and Region - Global Forecast to 2023", The fiber optic cables market for military and aerospace is projected to reach USD 2.00 billion by 2023, at a CAGR of 1.93% from 2018 to 2023. – PowerPoint PPT presentation

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Title: Fiber Optic Cables Market for Military and Aerospace Expected to Reach $2.00 Billion by 2023, at a CAGR of 1.93% from 2018 to 2023


1
Fiber Optic Cables Market for Military and
Aerospace Expected to Reach 2.00 Billion by
2023, at a CAGR of 1.93 from 2018 to 2023
According to the new research report "Fiber Optic
Cables Market for Military and
Aerospace by Application (Avionics, Cabin
Interiors, Flight Management Systems,
IFE Communication
Systems, Systems, Radar Systems,
Electronic Warfare), End Use, Type, and Region -
Global Forecast to 2023", The fiber optic cables
market
for
military
and
aerospace is projected
to reach USD 2.00 billion by 2023, at a CAGR
of 1.93 from 2018 to 2023.
Browse
72
market data Tables and 45 Figures spread
through 154 Pages and in-depth TOC on "Fiber
Optic Cables Market for Military and Aerospace"
View detailed Table of Content here -
https//www.marketsandmarkets.com/Market-
Reports/military-fiber-optic-cable-market-23596080
5.html
Rise in demand for bandwidth and reliability and
increasing demand for fiber optic cables among
airframers operators for new and upgraded
aircraft are the major factors driving the fiber
optic cables market for military and aerospace.
The radar systems segment is projected to witness
high growth during the forecast period.
Based on application, the radar systems segment
of the fiber optic cables market for military and
aerospace is projected to grow at the highest
CAGR during the forecast period. New modern
warfare military technologies include the use of
network-centric warfare systems and electronic
warfare systems. The radar is an important
component of these warfare systems. It improves
the efficiency of such systems by tracking
and identifying objects accurately as well as
improving surveillance capabilities
and situational awareness.
2
The space segment is estimated to witness the
highest growth during the forecast period
Based on end use, the space segment of the fiber
optic cables market for military and aerospace is
projected to grow at the highest CAGR during the
forecast period. Growth of this segment can be
attributed to the increasing requirement for
Situational Awareness (SA) in military
operations and rising use of geospatial
intelligence. Intelligence is considered a
crucial military competency as it acts as a
force-multiplier by providing advanced
situational awareness to armed forces.
The single-mode
segment
is projected to grow at a higher CAGR during the
forecast period
Based on type, the single-mode segment of the
fiber optic cables market for military and
aerospace is projected to grow at a higher
CAGR
than
the during
multi-mode
segment
the
forecast period. The anticipated higher growth
rate of the single-mode
segment
is demographic
due
to
changing
trends
and increasing demand for connected devices,
which are expected to contribute to the growth
of the single-mode segment.
The Asia Pacific market is expected to witness
highest growth during the forecast period
Among regions, the Asia Pacific fiber optic
cables market for military and aerospace
is projected to witness considerable growth
during the forecast period. Factors
responsible for the growth of the fiber optic
cables market for military and aerospace in the
Asia Pacific include the growing demand for new
aircraft and defense systems. Increasing investmen
ts towards the development of defense products,
and growing focus of both, international and
domestic players on the region are expected to
lead to the growth of the market during the
forecast period.
Ask for Sample Report _at_
https//www.marketsandmarkets.com/requestsampleNew
.asp?id235960805
Key Market Players
Major companies profiled in the fiber optic
cables market for military and aerospace report
are Amphenol (US), Rockwell Collins (US),
Carlisle Companies (US), Corning (US), Finisar
(US), W.L. Gore Associates (US), OFS Fitel
(US), AFL Global (US), Optical Cable
3
Corp. (US), TE Connectivity (Switzerland),
Radiall (France), and Prysmian Group
(Italy), among others.
Dont miss out on business opportunities in Fiber
Optic Cables Market. Speak to
our analyst and gain crucial industry insights
that will help your business grow.
About MarketsandMarkets
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