Fiber Optic Cables Market for Military & Aerospace worth $1.5 billion by 2026 - PowerPoint PPT Presentation

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Fiber Optic Cables Market for Military & Aerospace worth $1.5 billion by 2026

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The fiber optic cables market for military & aerospace size is projected to grow from USD 1.2 billion in 2021 to USD 1.5 billion by 2026, at a CAGR of 5.1% from 2021 to 2026. – PowerPoint PPT presentation

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Title: Fiber Optic Cables Market for Military & Aerospace worth $1.5 billion by 2026


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Fiber Optic Cables Market for Military
Aerospace worth 1.5 billion by 2026 The
report "Fiber Optic Cables Market for Military
Aerospace by Platform (Civil, Military, Space),
Application (Avionics, Navigation, Weapon
Systems, Communication Systems), Type
(Single-mode, Multi-mode), Material, and Region -
Forecast to 2026", The fiber optic cables
market for military aerospace size is
projected to grow from USD 1.2 billion in
2021 to USD 1.5 billion by 2026, at a CAGR of
5.1 from 2021 to 2026. The market is driven
by various factors, such as adoption of fiber
optics communication
based systems
in military, development of digital avionics,
increasing defense expenditure of emerging
economies, and technological advancements in
fiber optics systems. Key Market Players The
fiber optic cables market for military
aerospace includes major players TE Connectivity
(Switzerland), Amphenol fsi (US), Prysmian
Group (Italy), Carlisle Interconnect
Technologies (US), Radiall (France), Corning
Optical Communications LLC (US), and Optical
Cable Corporation (US). These players have
spread their business across various countries
includes North America, Europe, Middle East, Asia
Pacific, and Rest of the World. COVID-19 has
impacted their businesses as well. Industry
experts believe that COVID-19 has slightly
affected production of fiber optic cables
globally in 2020. Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNe
w.asp?id235960805 Improved interoperability of
military systems will drive the demand for
military fiber optic cables The major factor
driving the fiber optic cables market for
military aerospace is the improved
interoperability of military systems.
Interoperability in a military context refers
to the ability to exchange information among
military platforms. This exchange of data can
assist in the effective execution of battlefield
operations where the data transfer rate needs to
be high. The requirement of high data transfer
has propelled the
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demand for fiber optic cables, as they play a
vital role in creating faster connections.
Different communication systems are used by
military forces of various countries worldwide
these systems are installed in aircraft (manned
and unmanned), ships, submarines, and other
military vehicles. Fiber optic cables support
tactical data link systems, which are required to
ensure interoperability among various platforms.
Tactical data link systems can be used to connect
different platforms via wireless links to
facilitate quick information distribution.
This has caused a shift toward the use of
tactical data links for communication as
compared to the use of analog radios that could
only support voice communication. With
advancements in communication devices, the
adoption rate of fiber optic cables is
increasing. Fiber optic cables help in fast data
transfer that plays a critical role in ensuring
seamless connectivity and effective management of
resources on the battlefield. The multi-mode type
fiber is projected to witness a higher CAGR
during the forecast period Multi-mode fiber optic
cables have a large diameter core that allows
multiple modes of light to propagate. This
increases the number of light reflections created
as the light passes through the core, enabling
more data to pass through at a given time. The
quality of the signal is hampered over long
distances due to the transmission of data in
large volumes and the high attenuation rate. The
wavelengths of light waves in multi-mode fibers
are in the visible spectrum ranging from 850 nm
to 1300 nm. In a multimode fiber, the
core-to-cladding diameter ratio is 50125 µm and
62.5125 µm. These fibers are typically used for
short-distance data and audio/video applications
in LANs. The communication systems are projected
to witness the highest CAGR during the forecast
period Based on the application, the
communication systems are projected to grow at
the highest CAGR for the fiber optic cables
market for military aerospace during the
forecast period. Communication systems require an
exceptional level of tactical grade equipment,
which provides access to the global information
grid of shared data and information. These
systems utilize fiber optic cable networks to
transmit intelligence, surveillance, and
reconnaissance information through different
communication systems. Satellites, interlinked
ground links, and communication systems are
considered an important part of
communication networks as they enable data
transmission through secure datalinks. These
data links use compatible communication
protocols to share information securely between
allies. For instance, the North Atlantic Treaty
Organization (NATO) forces use Link 16 to
exchange air force data with member countries.
Other prominent systems in use by NATO forces
include the Joint Tactical Information
Distribution System (JTIDS).
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Military platform projected to witness highest
CAGR during the forecast period The military
platform is projected to grow at the highest CAGR
rate for the fiber optic cables market for
military aerospace during the forecast period.
Military operations undergo extreme conditions
during rescue operations and hence require
more ruggedized fiber optic cables. In military
aircraft, fiber optic cables are used in avionics
and mission control systems for high-speed data
transfer for applications such as mission data,
flight planning data, and sensor data fusion for
weapon systems. Thus, the increasing adoption
of fiber optic cables in military aircraft
and increased procurement of these aircraft is
expected to boost the market for fiber optic
cables market for military and aerospace. Various
4th and 5th generation fighter aircraft such as
the F-35, J-20, and Su-57 use fiber optic cables
onboard to monitor the performance of engines,
flight control systems, and avionics. The Asia
Pacific market is projected to contribute the
largest share from 2021 to 2026 The fiber optic
cables market for military and aerospace in the
Asia Pacific region has been studied for China,
Japan, India, South Korea and Australia. Huge
investments are being made in various programs by
the Chinese Indian militaries in aircraft and
related systems, C4I systems, mission support,
and space-based systems, etc. Owing to this, Asia
Pacific is expected to lead the fiber optic
cables market for military and aerospace during
the forecast period. There are various
well-established and prominent fiber optic
cables manufacturers having their regional
offices in this region, including Amphenol (US),
Carlisle Interconnect Technologies (US), Corning
Optical Communications LLC (US), W.L. Gore
Associates (US), TE Connectivity
(Switzerland), and Radiall (France). In this
report, the Asia Pacific region is segmented into
Japan, China, India, South Korea, and Australia.
This region is expected to be the fastest-growing
fiber optic cables market for military and
aerospace. This is mainly attributed to the
presence of growing economies such as China and
India, increasing funding/investments toward the
development of defense products, the growing
focus of both international and domestic players
on the region, and extensive RD activities for
defense systems. In addition, rising
insurgencies, territorial disputes, increasing
terrorism, unrest between neighboring nations,
and political conflicts in the region are also
fueling the growth of the fiber optic cables
market for military and aerospace in this region.
Favorable regulatory policies for the approval of
new defense products are further intensifying the
interest of players in the Asia Pacific fiber
optic cables market for military and
aerospace. The market in this region is
characterized by the increasing demand for better
performing
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Optical cables that ensure optimal reliability,
safety, and quality to streamline and facilitate
sensitive and complex operations. It is also
driven by the stringent standards to meet the
requirements of various platforms such as
unmanned deployments (air and ground), flight
communications, and harsh environment
conditions. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id235960805
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