Market Overview:
The global fibre optics market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-speed internet and data transmission, rising adoption of fibre optic cables in telecom and datacom applications, and growing demand for optical sensors in medical applications. However, the high installation cost of fibre optic cables is expected to restrain the growth of this market during the forecast period. On the basis of type, multimode fibres are expected to hold a larger share than single-mode fibres during the forecast period. This can be attributed to their low cost and easy installation as compared with single-mode fibres. On the basis of application, communications is estimated to account for a major share of this market during 2018–2030 owing to its widespread use in telecom networks across different regions worldwide.
Product Definition:
Fibre optics is the technology of transmitting data, voice and video signals along thin fibres made of glass or plastic. The importance of fibre optics is that it can carry much more information than traditional copper wiring and is less susceptible to interference.
Multimode Fibre:
Multimode fibres are used in optical communications and lightwave applications. They possess a high refractive index n D that allows them to operate at low cost over long distances. The multimode fibres are made from silica glass, which has higher modal bandwidth than single-mode ones; this factor is crucial for the performance of the system as it determines how many data signals can be carried by each channel simultaneously.
Single-mode Fibre:
Single-mode fibres are optical fibers that transmit data only in a single direction. They are mainly used for long-distance applications as they have lower power loss as compared to multi-mode fibres. The light travels in only one path, from source to the destination, unlike the case with multi-path optics where multiple rays of light can travel from the source to the destination.
Application Insights:
The communications segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The growing demand for high-speed data transfer and communication services in both public and private networks is projected to drive the segment growth. In addition, increasing use of optical fiber for providing high-quality connectivity between mobile stations, base stations, and internet servers is anticipated to fuel industry expansion over the next eight years.
Medical applications are also estimated to witness considerable growth during the same period owing to rising adoption of Fibre To The Home (FTTH) technology by telecom service providers. With an increase in population suffering from chronic diseases such as diabetes mellitus, cancer etc., medical application segments are expected grow at a rapid pace during future years driving demand for optical fibers globally.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major service providers and a large number of end-users. The region is expected to maintain its dominance over the forecast period due to increasing demand for connectivity, high internet penetration, and technological advancements.
Asia Pacific regional market is anticipated to grow at a lucrative rate over the forecast period owing to an increase in internet users, growing adoption of smartphones & tablets coupled with rising investments by telecom operators & IT companies for providing high-speed wireless data services. These factors are expected fuel regional growth during the forecast period. Moreover, China has rolled out free public Wi-Fi networks across 30 cities as part of Project Freeletics that offers free online access from anywhere within those cities using just your smartphone or tablet.
Growth Factors:
- Increasing demand for high-speed internet and data transmission: The increasing demand for high-speed internet and data transmission is one of the key growth drivers for the global fibre optics market. With the growing number of connected devices and rising bandwidth requirements, organisations are increasingly adopting fibre optic cables to meet their networking needs.
- Proliferation of cloud services: The proliferation of cloud services is another major factor driving the growth of the global fibre optics market. As organisations move towards cloud-based solutions, they are increasingly deploying fibre optic cables to ensure fast and reliable connectivity between their data centres and end users.
- Growing popularity of 4K video streaming: The growing popularity of 4K video streaming is also contributing to the growth of the global fibre optics market. With consumers demanding higher quality video content, service providers are investing in upgraded infrastructure that can support 4K streaming capabilities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fibre Optics Market Research Report
By Type
Multimode Fibre, Single-mode Fibre
By Application
Communications, Medical, Military, Other
By Companies
Corning Incorporated, Optical Cable Corporation (OCC), LS Cable & System, Furukawa Electric Co., Ltd. (OFS Fitel, LLC), Fujikura, Prysmian Group, AFL Europe, Birla Furukawa Fibre Optics Limited, Leoni AG, Finisar Corporation, Corning Incorporated, Yangtze Optical Fiber & Cable
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Fibre Optics Market Report Segments:
The global Fibre Optics market is segmented on the basis of:
Types
Multimode Fibre, Single-mode Fibre
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Communications, Medical, Military, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Corning Incorporated
- Optical Cable Corporation (OCC)
- LS Cable & System
- Furukawa Electric Co., Ltd. (OFS Fitel, LLC)
- Fujikura
- Prysmian Group
- AFL Europe
- Birla Furukawa Fibre Optics Limited
- Leoni AG
- Finisar Corporation
- Corning Incorporated
- Yangtze Optical Fiber & Cable
Highlights of The Fibre Optics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Multimode Fibre
- Single-mode Fibre
- By Application:
- Communications
- Medical
- Military
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fibre Optics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fibre optics is a technology that uses light to send data over long distances. Fibre optic cables are made of many small glass or plastic threads that are bundled together and then covered in a protective coating. When the light travels through the cable, it splits into its individual colours (red, green, blue) and can be guided along the cable by special lenses. This allows information to be sent quickly and reliably over long distances without having to use wires
Some of the major players in the fibre optics market are Corning Incorporated, Optical Cable Corporation (OCC), LS Cable & System, Furukawa Electric Co., Ltd. (OFS Fitel, LLC), Fujikura, Prysmian Group, AFL Europe, Birla Furukawa Fibre Optics Limited, Leoni AG, Finisar Corporation, Corning Incorporated, Yangtze Optical Fiber & Cable.
The fibre optics market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fibre Optics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fibre Optics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fibre Optics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fibre Optics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fibre Optics Market Size & Forecast, 2020-2028
4.5.1 Fibre Optics Market Size and Y-o-Y Growth
4.5.2 Fibre Optics Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Multimode Fibre
5.2.2 Single-mode Fibre
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Communications
6.2.2 Medical
6.2.3 Military
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fibre Optics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fibre Optics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Multimode Fibre
9.6.2 Single-mode Fibre
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Communications
9.10.2 Medical
9.10.3 Military
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Multimode Fibre
10.6.2 Single-mode Fibre
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Communications
10.10.2 Medical
10.10.3 Military
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Multimode Fibre
11.6.2 Single-mode Fibre
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Communications
11.10.2 Medical
11.10.3 Military
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Multimode Fibre
12.6.2 Single-mode Fibre
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Communications
12.10.2 Medical
12.10.3 Military
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Multimode Fibre
13.6.2 Single-mode Fibre
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Communications
13.10.2 Medical
13.10.3 Military
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fibre Optics Market: Competitive Dashboard
14.2 Global Fibre Optics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corning Incorporated
14.3.2 Optical Cable Corporation (OCC)
14.3.3 LS Cable & System
14.3.4 Furukawa Electric Co., Ltd. (OFS Fitel, LLC)
14.3.5 Fujikura
14.3.6 Prysmian Group
14.3.7 AFL Europe
14.3.8 Birla Furukawa Fibre Optics Limited
14.3.9 Leoni AG
14.3.10 Finisar Corporation
14.3.11 Corning Incorporated
14.3.12 Yangtze Optical Fiber & Cable
