#Expanded #Beam #Cable #Market #Projected #Hit #USD
New York, US, Oct. 18, 2022 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “Expanded Beam Cable Market Research Report: Information By Lens size, By Technology, By Connector Type, By Single vs Multi-Channel Connector, By Application, Region – Global Forecast till 2030”, the market will reach USD 6,357.7 million by 2030, registering a 23.7% CAGR during the review period (2022–2030).
Expanded Beam Cable Market Overview
Besides, the growing use of fiber optic and expanded beam cables in burgeoning industries such as military communications, oil & gas, medical, robotics, and energy & power boosts the market size. The expanded beam cable market is growing continually, garnering huge traction on the global platform. The extensive uptake of fiber optic cables and their assemblies by leading space research laboratories such as Goddard Space Flight Center (GSFC) of NASA and the Jet Propulsion Laboratory (JPL) is a key factor substantiating the market growth.
The global expanded beam cable market is led by
- Harting Technology Group
- TE Connectivity Ltd.
- Smiths Interconnects (Smith Group Plc)
- X-Beam Tech
- Neutrik
- Tech Optics
- Warren & Brown Networks
- Bel Fuse Inc.
- Radiall
- Foss Fiberoptics
- Sumitomo Electric Industries Ltd.
- 3M Company
- Molex LLC
- Glenair
- Amphenol Corporation
- ODU GmbH & Co. KG
- STRAN Technologies
- Cotsworks Inc.
- and among others.
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NASA’s laboratories increasingly use expanded beam cable in space for telemetry and command solutions for data transfer at GSFC and new spacecraft through the MIL-STD-1773 fiber optics. Simultaneously, the increasing adoption of expanded beam cables in broadcast systems, manufacturing & industrial, and geophysical exploration sectors define the future landscape of the market.
Expanded Beam Cable Market Segments
The expanded beam cable market is segmented into lens size, technology, connector type,…
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