The fiber optic testing market is segmented by application into telecommunications, military & aerospace, energy & power, railroads, oil & gas, cable television, etc. to analyze supply and demand. Among the seven applications of fiber optic testing, the energy and power segment is estimated to capture the largest market share of around 30% in 2035. The growth of this segment is attributed to increasing global energy demand. By 2050, the non-OECD portion of global energy demand will reach about 70%. Global energy consumption continues to gradually shift to emerging economies with larger populations and faster economic growth than the world average.