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Global Hybrid Fiber Coaxial Market to Reach $15 Billion by 2026Amid the COVID-19 crisis, the global market for Hybrid Fiber Coaxial estimated at US$10.1 Billion in the year 2020, is projected to reach a revised size of US$15 Billion by 2026, growing at a CAGR of 6.6% over the analysis period. CMTS/CCAP, one of the segments analyzed in the report, is projected to record a 7.7% CAGR and reach US$5.7 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fiber Optic Cable segment is readjusted to a revised 6.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.2 Billion in 2021, While China is Forecast to Reach $2.6 Billion by 2026The Hybrid Fiber Coaxial market in the U.S. is estimated at US$3.2 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.6 Billion by the year 2026 trailing a CAGR of 6.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 5.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.
Amplifier Segment to Reach US$2.9 Billion by the year 2026In the global Amplifier segment, USA, Canada, Japan, China and Europe will drive the 6.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.6 Billion in the year 2020 will reach a projected size of US$2.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.More
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About Global Industry Analysts, Inc. & StrategyR™Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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