The global bend insensitive fiber market is anticipated to grow at a significant CAGR during the forecast period 2021-2027. A bend insensitive fiber is widely used in data centers and other space-constrained areas for tight bends and flexible connections. Bend insensitive fiber is known to provide improved flexibility over traditional fiber in a demanding environment. The fiber offers enhanced bandwidth solutions and data traffic management solutions in various industrial verticals to perform their operation by improving their connectivity solutions. This factor will contribute as a market driver for the growth of the market.
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The rising implementation of bend insensitive fiber in data centers, IT sectors, and network securities centers to build up a medium for transmission and storage of vast amounts of data and information is anticipated to contribute as a major factor to drive the market growth. The increasing demand for intermediate fibers to deliver efficient connection with safe and spark-free features in an environment to offer fluent protection from hazardous effects is driving the trends for bend insensitive fiber during the forecast period. Additionally, the growing trends for networking devices, rising implementation of fiber-to-the-home (FTTP) connectivity solutions, and increasing penetration of smartphone users in telecommunication sectors are some key factors that supplement the growth of the global bend insensitive fiber market during the forecast period.
Additionally, the key players present in the global bend insensitive fiber market include Yangtze Optical Fibre and Cable, Corning Inc., Furukawa Electric Corp., and others adopted various strategies that include product launches, mergers & acquisitions, among others to remain competitive in the market. For instance, in September 2021, Prysmian Groups plans to design a bend intensive fiber with the best-performing capacity in the era of hyper-connectivity. G.657.A2 is a new product offered by Prysmian Groups with reduced-diameter cabling, higher bandwidth capacity, and least loss of link to deliver efficient throughput. Additionally, in April 2020, Prysmian Group announced to launch the world’s first 180um fiber cable to enhance the operational capacity of FTTx and 5G networks.
Market Coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
· Segment Covered-
· By Product
· By Application
· Competitive Landscape- Yangtze Optical Fibre and Cable, Corning Inc., Furukawa Electric Corp., and others.
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Global Bend Insensitive Fiber Market Report Segmentation
By Product
· Cladding Diameter 80um
· Cladding Diameter 125um
· Others
By Application
· Small-Sized Optical Component
· Optical-Fiber Guidance
· Hydrophone
· Others
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
