The plastic optical fiber produced by the Plastic Optical Fiber Market is an optical fiber made out of polymer. It transmits light through the core of the fiber. The main advantage of the pof cable over the glass product is the robustness under bending and stretching. It is used in telecommunications governed by European Standards.
The fiber optic is called consumer optical fiber in the Plastic Optical Fiber Market since the fiber and associated optical links, connectors, and installations are inexpensive. Development in the past years has propelled the optical fibre as the leading contender with copper wire for high speed data and video applications.
Scope & Regional Forecast of the Plastic Optical Fiber Market
Reasons for the rise in the Plastic Optical Fiber Market are lower cost interconnections, increased performance requirements, introduction of digital electronics, and electromagnetic noise and interference. The fiber optic products have shown developments in lower loss and higher performance due to the commercialization of PMMA GIfibers.
The Plastic Optical Fiber Market will have an extraordinary growth due to automotive manufacturers in Europe and new technology development. Fiber optic components cover many industries and are not vulnerable to industry downturns.
New applications in the Plastic Optical Fiber Market are seen in data centers, commercial aircrafts, unmanned aerial vehicles, and Internet of things. The optical fiber technology seems to be brighter due to the need for higher bandwidth, EMI protection, lower cost, lighter weight, and other factors.
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Segmentations & Key Players Involved in the Plastic Optical Fiber Market
The Plastic Optical Fiber Market can be broken down into various segmentations on the basis of –
- Region- United States, EU, China, and Japan.
Some of the key players involved in the Plastic Optical Fiber Market are as follows:
- Mitsubishi Rayon
- Toray Group
- AGC Electronics
- Jiangxi Daishing
- Sichuan Huiyuan
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