DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/bwp9kk/fiber_optics) has announced the addition of the "Fiber Optics Market by Application - Global Trends & Forecasts to 2019" report to their offering.

The global fiber optics market is expected to grow at a CAGR of 5.1% between 2014 and 2019 to reach a value of $3.0 billion. Fiber optics used for the telecom & broadband segment is witnessing a CAGR of 5.9% and constitutes a significant part of the overall fiber optics market. However, oil & gas application, which is the second largest application area for fiber optics, is expected to grow at a CAGR of 4.2% by 2019.

The use and demand has grown tremendously and the fiber optics applications are numerous. Telecommunication applications are widespread, ranging from global networks to desktop computers. These involve the transmission of voice, data, or video over distances of less than a meter to hundreds of kilometers, using one of a few standard fiber designs in one of several cable designs. Other important applications are oil & gas industry, utilities, private data networks, biomedical, and others.

Asia-Pacific is projected to be the biggest market for fiber optics on account of the growing demands from the end-user industries. The growth is due to the increasing demand for optical communication applications and development of economies in the region and also the purchasing power of the people have increased, resulting in a growing demand for consumer products. The European market is projected to grow steadily in the coming years. The continued growth in 4G mobile usage, FTTx applications, and progress in FTTH/FTTC are the main reasons for the development of fiber optics market in this region.

Scope of the Report

Application

• Telecom & Broadband
• Utilities
• Oil & Gas
• Private Data Networks
• Military/Aerospace
• Cable Television
• Others

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Premium Insights

4 Market Overview

5 Fiber Optics Market - By Application

6 Fiber Optics Market - By Region

7 Competitive Landscape

8 Company Profiles

- Australian Fibreoptic Communications (AFC)

- Birla Furukawa Fibre Optics Limited

- Corning INC.

- Finolex Cable Limited

- Fujikura Limited

- Ofs Fitel, Llc

- Optical Cable Corporation

- Prysmian Spa

- Sterlite Technologies Limited

- Yangtze Optical Fiber And Cable Co. LTD.

For more information visit http://www.researchandmarkets.com/research/bwp9kk/fiber_optics