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DUBLIN--(BUSINESS WIRE)--The "Fiber Optic Cables - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Fiber Optic Cables Market to Reach $16.5 Billion by 2027 Amid the COVID-19 crisis, the global market for Fiber Optic Cables estimated at US$ 8 Billion in the year 2020, is projected to reach a revised size of US$ 16.5 Billion by 2027, growing at a CAGR of 10.9% over the period 2020-2027. Single-Mode Cable, one of the segments analyzed in the report, is projected to record 10.1% CAGR and reach US$ 8.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Multi-Mode Cable segment is readjusted to a revised 11.7% CAGR for the next 7-year period. The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 14.4% CAGR The Fiber Optic Cables market in the U.S. is estimated at US$ 2.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$ 3.5 Billion by the year 2027 trailing a CAGR of 14.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 9.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR. Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW 2. FOCUS ON SELECT PLAYERS (Total 35 Featured): 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE III. MARKET ANALYSIS IV. COMPETITION For more information about this report visit https://www.researchandmarkets.com/r/72r8ng

Answer: Global Fiber Optic Cables Market Report 2021: Market to Reach $16.5 Billion by 2027 - U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 14.4% CAGR - ResearchAndMarkets.com