The “Ribbon Fiber Optic Cable Market to 2025 by Type (Single Mode and Multi-Mode); Cable type (Gel Filled and Dry) and Application (Datacenters, and Telecommunication) – Global Analysis and Forecast”

Ribbon Fiber Optic Cable Market to 2025 – Global Analysis and Forecast by Type, Cable Type and Application. Ribbon fiber optic cable market is expected to grow to US$ 2066.1 million by 2025 from US$ 4370.3 million in 2016. Communication networks and Businesses are seeking paradigm shift in their operations especially in developing economies like India, China and Brazil etc. Awareness about the benefits of ribbon fiber optic cable in these regions has significantly increased the adoptions of ribbon fiber optic cable solutions by various datacenters. Digitalization of economies supported by various government initiatives in these countries is favoring the further growth of ribbon fiber optic cable market in these regions. Furthermore, these developing economies have been the breeding grounds for a large number of telecommunication and FTTx subscribers that are also the significant adopters of ribbon fiber optic cable solutions. As a result, Ribbon fiber optic cable market is expected to witness a huge opportunity with its rise in the APAC, MEA and SAM region.

Time and cost advantages associated with installations of ribbon optic fiber cables to drive adoptions by data centers that in turn would drive ribbon optic fiber cable market

A ribbon fiber optic cable allows splicing of 12 fibers together whereas in case of simple optical fibers, splicing individual fibers together takes typically more time. For cables consisting of fibers more than 144, a 65% time saving has been observed for splicing of ribbon fiber optic cable as compared to simple fiber optic cables. Ribbon fiber cables are pre-ribbonized generally into a group of 12 fibers in a ribbon strip which allows technicians and installers can perform faster and easier fusion splicing of many cables by allowing all the fibers present in the matrix of ribbons to be spliced at once. This feature translates to being a fewer amount of time paid for connections thus, lowering labor cost and faster restoration during downtime. Thus, Ribbon optical cables permit a smaller footprint in splice closures in data centers and telecommunications room fiber management.

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The fiber cable capabilities can prove to be useful in the recent times with data explosion over the internet being witnessed owing to big trends like cloud, analytics, big data and IoT. The scope of ribbon fiber optic cable in this report encompasses types of ribbon fiber optic cable cables available in the market. The Ribbon fiber optic cable market is expected to witness an aggressive growth in the coming few years. The legacy copper cables are being replaced with fiber cables for future related benefits. The global ribbon fiber optic cable market by geography is segmented into five regions including North America, Europe, Asia Pacific, Middle East & Africa and South America. The key players profiled in the report are Corning, Inc., CommScope, Inc., Fujikura Ltd., Prysmian SA and The Siemon Company. Also, Yangtze Optic Fibre and Cable Joint Stock Limited Company, Sumitomo Electric Lightwave Corporation, Nexans, Sterlite Tech and OFS Fitel, LLC are other key companies in the ribbon fiber optic cable market.

Data centers are the largest end-users for ribbon fiber optic cables. Thus cost optimization and time savings are two critical aspects regarding the deployments of ribbon fiber optic cables for data center end-users. Utilization of advanced analytical techniques across enterprises is demanding the deployment of high speed processing equipment in data center facilities. Further, development in cloud computing is encouraging the companies to replace old IT infrastructure equipment in order to keep pace with innovation.

In order to boost the data centers market in this region the local and the state governments are competing vigorously, for instance in Texas the government passed the tax incentive legislation that facilitated complete exemption over sales taxes imposed upon the business personal property critical for data center set – up and maintenance over 10 to 15 years for all large data center users. The market for ribbon fiber optic cable is a consolidated one where the top 10 companies operating in this market amount to a significant portion of the entire market.

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