The global fiber optics market size was US$ 8 billion in 2021. The global fiber optics market size is forecast to reach US$ 15.2 billion by 2030, growing at a compound annual growth rate (CAGR) of 7% during the forecast period from 2022 to 2030.
Fiber Optics is a technology that transmits information from one place to another. The medium used to send and receive information is an optical fiber. Fiber optics is a data transmission technique that uses light pulses propagating through long fibers, usually made of plastic or glass. Fiber optic cables have several advantages over traditional cables. These include wider bandwidth, faster speeds, wider range coverage, and improved secure communications. Fiber optic cables are thinner and lighter than copper cables.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic has led to increased work from home (WFH) due to the enforcement of stay-at-home orders in many countries. This aspect facilitated the installation of home broadband connections. In addition, the development of COVID-19 cases and the fact that more and more businesses prefer to work remotely for extended periods has increased the demand for home broadband connections. Therefore, the need for FTTH communication networks increased, thus, fueling the growth in the fiber optic cable market.
Regional Insights
The Asia Pacific region is forecast to have noticeable growth in the fiber optic cable market during the forecast period. Due to the existence of leading players manufacturing fiber optic cables across the region. China is likely to hold the major share because of a rising installment of single-mode optical cables over the forecast period.
North America is forecast to grow at a significant rate in the fiber optic cable market. Growing industrialization in numerous countries in North America. With the advent of Industry 4.0, industrial automation is also rapidly becoming widespread. This factor acts as a beneficial growth generator for the market. Manufacturers offer custom fiber solutions to meet the growing landscape of end-use industries.
Leading Competitors
The leading prominent companies profiled in the global fiber optic cable market are:
Scope of the Report
The global fiber optic cable market segmentation focuses on Fiber Type, Cable Design, Deployment, End-use Industry, and Region.
Segmentation based on Fiber Type
Segmentation based on Cable Design
Segmentation based on Deployment
Segmentation based on End-use Industry
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL FIBER OPTIC CABLE MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL FIBER OPTIC CABLE MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL FIBER OPTIC CABLE MARKET, BY FIBER TYPE
5.1 OVERVIEW
5.2 SINGLE-MODE FIBER
5.3 MULTI-MODE FIBER
5.4 OTHERS
6 GLOBAL FIBER OPTIC CABLE MARKET, BY CABLE DESIGN
6.1 OVERVIEW
6.2 RIBBON TUBE
6.3 LOOSE TUBE
6.4 TIGHT BUFFERED
6.5 CENTRAL CORE
6.6 OTHERS
7 GLOBAL FIBER OPTIC CABLE MARKET, BY DEPLOYMENT
7.1 OVERVIEW
7.2 UNDERGROUND
7.3 UNDERWATER
7.4 AERIAL
7.5 OTHERS
8 GLOBAL FIBER OPTIC CABLE MARKET, BY END-USE INDUSTRY
8.1 OVERVIEW
8.2 IT & TELECOMMUNICATION
8.3 ENERGY & POWER
8.4 HEALTHCARE
8.5 AEROSPACE & DEFENSE
8.6 OTHERS
9 GLOBAL FIBER OPTIC CABLE MARKET, BY GEOGRAPHY
9.1 OVERVIEW
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA MARKET SNAPSHOT
9.2.2 U.S.
9.2.3 CANADA
9.2.4 MEXICO
9.3 EUROPE
9.3.1 EUROPE MARKET SNAPSHOT
9.3.2 WESTERN EUROPE
9.3.2.1 THE UK
9.3.2.2 GERMANY
9.3.2.3 FRANCE
9.3.2.4 ITALY
9.3.2.5 SPAIN
9.3.2.6 REST OF WESTERN EUROPE
9.3.3 EASTERN EUROPE
9.3.3. 1 POLAND
9.3.3.2 RUSSIA
9.3.3.3 REST OF EASTERN EUROPE
9.4 ASIA PACIFIC
9.4.1 ASIA PACIFIC MARKET SNAPSHOT
9.4.2 CHINA
9.4.3 JAPAN
9.4.4 INDIA
9.4.5 AUSTRALIA & NEW ZEALAND
9.4.6 ASEAN
9.4.7 REST OF ASIA PACIFIC
9.5 MIDDLE EAST & AFRICA
9.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
9.5.2 UAE
9.5.3 SAUDI ARABIA
9.5.4 SOUTH AFRICA
9.5.5 REST OF MEA
9.6 SOUTH AMERICA
9.6.1 SOUTH AMERICA MARKET SNAPSHOT
9.6.2 BRAZIL
9.6.3 ARGENTINA
9.6.4 REST OF SOUTH AMERICA
10 GLOBAL FIBER OPTIC CABLE MARKET COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 COMPANY MARKET RANKING
10.3 KEY DEVELOPMENT STRATEGIES
11 COMPANY PROFILES
11.1 AFC CABLE SYSTEMS
11.1.1 OVERVIEW
11.1.2 FINANCIAL PERFORMANCE
11.1.3 PRODUCT OUTLOOK
11.1.4 KEY DEVELOPMENTS
11.2 CORNING INCORPORATED
11.2.1 OVERVIEW
11.2.2 FINANCIAL PERFORMANCE
11.2.3 PRODUCT OUTLOOK
11.2.4 KEY DEVELOPMENTS
11.3 FUJIKURA LIMITED
11.3.1 OVERVIEW
11.3.2 FINANCIAL PERFORMANCE
11.3.3 PRODUCT OUTLOOK
11.3.4 KEY DEVELOPMENTS
11.4 FURUKAWA ELECTRIC CO. LIMITED
11.4.1 OVERVIEW
11.4.2 FINANCIAL PERFORMANCE
11.4.3 PRODUCT OUTLOOK
11.4.4 KEY DEVELOPMENTS
11.5 HITACHI CABLE LIMITED
11.5.1 OVERVIEW
11.5.2 FINANCIAL PERFORMANCE
11.5.3 PRODUCT OUTLOOK
11.5.4 KEY DEVELOPMENTS
11.6 OPTICAL CABLE CORPORATION
11.6.1 OVERVIEW
11.6.2 FINANCIAL PERFORMANCE
11.6.3 PRODUCT OUTLOOK
11.6.4 KEY DEVELOPMENTS
11.7 PRYSMIAN GROUP
11.7.1 OVERVIEW
11.7.2 FINANCIAL PERFORMANCE
11.7.3 PRODUCT OUTLOOK
11.7.4 KEY DEVELOPMENTS
11.8. STERLITE TECHNOLOGIES LIMITED
11.8.1 OVERVIEW
11.8.2 FINANCIAL PERFORMANCE
11.8.3 PRODUCT OUTLOOK
11.8.4 KEY DEVELOPMENTS
11.9 SUMITOMO ELECTRIC INDUSTRIES LIMITED
11.9.1 OVERVIEW
11.9.2 FINANCIAL PERFORMANCE
11.9.3 PRODUCT OUTLOOK
11.9.4 KEY DEVELOPMENTS
11.10 YANGTZE OPTICAL FIBER & CABLE
11.10.1 OVERVIEW
11.10.2 FINANCIAL PERFORMANCE
11.10.3 PRODUCT OUTLOOK
11.10.4 KEY DEVELOPMENTS
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