Global Fiber Lasers Market

The multimode fiber optic cable market consists of sales of multimode fiber cables and related services that are used in various industries such as telecom, broadcasting, military/aerospace, healthcare, and power. The multimode fiber cable is an optical fiber cable, which is designed to carry multiple light rays simultaneously with a slightly different reflection angle. Multimode fiber cable can be used for short distances as the modes disperse over longer lengths.

The single-mode fiber optic cable market consists of sales of single-mode fiber optic cables and related services that are used in various applications such as in data centers, community antenna televisions, military, telecommunication and networking, factory automation, and industrial networking. Single-mode optical fiber is an optical fiber designed to carry a single mode of light as a carrier that is used for long-distance signal transmission.

The fiber optic cable market consists of sales of fiber optic cables and related services that are used in telecom, CATV, broadcasting, military/aerospace, healthcare, power, and new energy. A fiber optic cable is an optical cable containing one or more optical fibers that are capable of transmitting the messages into light waves.

The motor vehicle seating and interior trim market consists of sales of motor vehicle seating and interior trim and related services used to increase the aesthetic appeal of the motor vehicle. The motor vehicle seating and interior trim market involves production of motor vehicle seating, seats, seat frames, seat belts, and interior trimmings. Motor vehicle interior trim involves the decorative parts such as leather seats door trims, headliners, door weather strips, sun visor, and cosmetic changes that do not add any functionality but increases the aesthetic appeal of the motor vehicle. The global motor vehicle seating and interior trim market is expected to grow from $295.17 billion in 2020 to $312.15 billion in 2021 at a compound annual growth rate (CAGR) of 5.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $463.23 billion in 2025 at a CAGR of 10%. The motor vehicle seating and interior trim market covered in this report is segmented by type into motor vehicle seating and motor vehicle interior trim. The motor vehicle seating and interior trim market is driven by the increasing popularity of sport utility vehicle (SUV) cars. SUV cars are preferred owing to its comfortable seating and exquisite interior trim. The demand for SUV and other luxurious cars increases the demand for improved and more aesthetically appealing vehicle seating and interior trim. In 2019, Indians purchased 21% more SUVs than in the previous year. According to a November 2019 survey, Hyundai delivered more than 51,000 units of its brand unique SUV, Hyundai Venue, in the first six months of its lifecycle, which was released on the market in May 2019. The increase in demand for SUVs around the world positively impacts the growth of vehicle seating and interior trim market. The failure to meet the required quality standard of motor vehicle seating and interior trim parts restricts the growth of motor vehicle seating and interior trim market. The car seats and other interior trim car parts are recalled when a manufacturer or the US National Highway Traffic Safety Administration (NHTSA) determines that a vehicle car seat, or other equipment creates an unreasonable safety risk or fails to meet minimum safety standards. Such recalls cost a huge amount to the manufacturer who has to bear the loss. For instance, in 2019 Ford Motor Company announced its recall of about 550,000 trucks and SUVs in North America due to defect in seat strength and sharp edges that posed a risk of injury in a crash. To mitigate the risk of accidents, Ford dealers were directed by the manufacturer to install tape to the exposed edge, at no charge to the motor vehicle owners. Thus, the risk of failure to meet the required quality standards negatively impacts the growth of motor vehicle seating and interior trim market. The companies in motor vehicle seating and interior trim market are investing towards the use of sustainable materials for car interior trim. In order to attract the buyers inclined towards using eco-friendly ways of living, the manufacturers are using sustainable options for car interior trim parts. For instance, Land Rover in 2019, introduced its new line of leather-free and fully vegan materials to be used in interior trim for its 2020 Range Rover Evoque, Range Rover Velar, and Jaguar I-Pace SUVs. Land Rover's Evoque is equipped with eucalyptus melange premium textile produced from eucalyptus fibers using less water. It also uses a premium textile, from Kvadrat, made with 53 recycled plastic bottles per car and is combined with Dinamica Miko suede cloth. In February 2020, Supreme Nonwovens Group, a Maharashtra based automotive company acquired automotive interior trims and NVH business of Futuris Automotive for an undisclosed amount. This acquisition further reaffirms Supreme Group's commitment to global automotive OEM customers. Futuris Automotive, a USA based company that designs and develops JIT solutions, from initial styling concepts to large volume production for complete seating and interior trim systems. The major players covered in the global motor vehicle seating and interior trim market are ContiTech AG, Magna International, Hyundai Mobis Co., Faurecia S.A., TATA Group, Toyoda Gosei, Johnson Controls, Faurecia S.A., Magna, International Textile Group, Lear, Sage Automotive Interior Trim, Delphi Automotive LLP, IAC Group, Katzkin Leather Interiors, Hyosung, Woodbridge Holdings Inc, Futuris Global Holdings LLC, Air Cruisers Company LLC, Sage Automotive Interiors Inc, Technotrim Inc, Transportation Tech Inds, Yanfeng US Automotive, Nishikawa Rubber, Dura Automotive, SaarGummi, Qinghe Huifeng. The countries covered in the global motor vehicle seating and interior trim market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia. The regions covered in the global motor vehicle seating and interior trim market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global motor vehicle seating and interior trim market is segmented - 1) By Type: Motor Vehicle Seating, Motor Vehicle Interior Trim 2) By Vehicle: Passenger Vehicle, Commercial Vehicle

The fiber optic connectors market consists of sales of fiber optic connectors by entities (organizations, sole traders, and partnerships), which are high-speed connectors used for public telecommunication networks and wiring installations. A fiber optic connector is a flexible device that can connect and disconnect fiber optic cable quickly. Only goods and services traded between entities or sold to end consumers are included. The fiber optic connectors market covered in this report is segmented by product into SC (standard connectors), LC (lucent connectors), FC (ferrule connector), ST (straight tip), MTP/MPO (multiple-fiber push-on/pull-off), MXC connector, others. It is also segmented by cable into simplex, duplex, multi-fiber and by application into telecommunication, inter/intra building, community antenna television, datacenter, high-density interconnection, security systems, others. The global fiber optic connectors market is expected to grow from $4.20 billion in 2020 to $4.53 billion in 2021 at a compound annual growth rate (CAGR) of 7.68%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.02 billion in 2025 at a CAGR of 7.38%. The number of people using smart devices and smartphones and commercialization of 4G LTE and 5G network platforms is rapidly increasing, which will drive the growth of the global fiber optic connectors market. For instance, in January 2020, the numbers of smartphone users in the world were 3.50 billion, accounting for 45.12% of the world’s population. According to the Global Mobile Suppliers Association (GSA), 5G subscriptions were 17.73 million by the end of 2019, and 4G base were at 5.27 billion. Smart devices are the everyday gadgets, which are made intelligent with advanced computing, including AI and machine learning, and networked to form the internet of things (IoT) that require the internet. The increased use of smart devices and commercialization of 4G LTE and 5G network platforms increased the demand for the fiber optic connectors market. The high installation costs of fiber optic connectors have always been a major challenge in the fiber optic connectors market. The factors impacting fiber-optic internet installation prices are sufficient to power, service provider companies, telecommunication closets space. For instance, the installation cost of fiber optic cable installation would be $15,000 to $30,000 for a house with 100 to 200 drops. The high costs for the installation of fiber optic connectors are limiting the growth of the fiber optic connectors market. The innovation of 180-micron fiber cable is shaping the fiber optic connectors market. In April 2020, Prysmian Group announced the world’s first 180µm fiber cable for FTTx and 5G networks. Prysmian combines the two technologies to start its sirocco extreme microduct cable with 288 fibers in a diameter of 6.5mm, providing diameter and fiber density for a blown microduct cable of 288 fibers. With a fiber thickness of 8.7 fibers per mm2, it is possible to install the cable into an 8mm ID duct where before it was only possible to install up to 192 fibers. This makes it feasible to install more fibers into full duct space and allows the use of smaller ducts for new installations, rising in cheaper installation costs and the use of less raw materials. In June 2018, Corning Inc., a US multinational technology company that specializes in advanced optics, primarily for industrial and scientific applications completed the acquisition of 3M's communication market division for approximately $900 million. The acquisition will increase corning’s optical communications market access and increase its broad portfolio of high-bandwidth optical connectors, assemblies, hardware, and accessories for carrier networks, enterprise LAN, and data center solutions. The 3M Company is a USA multinational company serving in the fields of production, operator safety, US health care, and customer goods. The major players covered in the global fiber optic connectors market are 3M, Corning Cable Systems LLC, Hitachi Ltd., ZTE Corporation, Amphenol Corporation, Alcatel-Lucent S.A., Broadcom Limited, Hirose Electric Co. Ltd, Furukawa Electric Co. Ltd, Sumitomo Electric Industries, Diamond SA, TE Connectivity Ltd., Sterlite Optical Technologies, Extron Electronics, Optical Cable Corporation, Ratioplast-Optoelectronics GmbH. The countries covered in the global fiber optic connectors market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. Asia Pacific was the largest region in the fiber optic connectors market in 2020. The regions covered in the global fiber optic connectors market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global fiber optic connectors market is segmented - 1) By Product: SC (Standard Connectors), LC (Lucent Connectors), FC(Ferrule Connector), ST (Straight Tip), MTP/MPO (Multiple-Fiber Push-On/Pull-Off), MXC Connector, Others 2) By Cable: Simplex, Duplex, Multi-Fiber 3) By Application: Telecommunication, Inter/Intra Building, Community Antenna Television, Datacenter, High Density Interconnection, Security Systems, Others