Market Overview:
The global optical fiber lighting market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions, growing awareness about the benefits of optical fiber lighting, and rising demand for LED-based optical fiber lights. The end-emitting fiber segment is expected to account for the majority share of the global optical fiber lighting market in 2018. This segment is projected to grow at a CAGR of 11% during the forecast period. The edge-emitting fiber segment is projected to grow at a CAGR of 9% during the same period. Commercial applications are expected to account for majority share (55%) of global optical fiber lighting market by 2030 owing high adoption rate and preference towards energy efficient technology over traditional light sources such as incandescent bulbs.
Product Definition:
Optical fiber lighting is a type of artificial light that uses optical fibers to transmit light. Optical fiber lighting is often used in place of traditional incandescent or fluorescent lights because it is more energy-efficient and produces less heat.
End-emitting Fiber:
End-emitting fiber, also known as active optical cable or light pipe, is a new fiber optic cable technology that allows transmission of optical signals without using amplifiers along the entire length of the fiber. The concept was first introduced by Ciena in 2015 and has been commercialized since then. End-emitting fibers are capable of delivering up to 10 Gbps data rates over a distance of approximately 20 kilometers.
Edge-emitting Fiber:
Edge-emitting fiber (EEF) is a new optical fiber lighting technology that emits light at the edge of the core. The advantage of EEF over other Fiber To The Home (FTTH) technologies is that it can deliver up to 1 Gbps data throughput, which makes it suitable for high-speed broadband applications such as video on demand, video streaming and online gaming.
Application Insights:
The commercial application segment held the largest share of more than 60.0% in 2017. The segment is expected to witness significant growth owing to rising adoption of LED as a light source for fiber optics, which provides high efficiency and long-lasting performance. Furthermore, optical fiber lighting in commercial applications offers flexibility in design and installation options along with energy-efficient solutions that are ideal for large scale infrastructure projects such as shopping malls or office buildings.
The medical application segment is projected to expand at the fastest CAGR over the forecast period due to increasing usage of endoscopic surgical tools that require constant illumination during surgeries or diagnostic procedures involving internal organs such as heart, lungs, liver & gallbladder etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of key players and increased adoption of fiber-based lighting. The region is expected to maintain its dominance over the forecast period due to increasing demand for high-quality optical products coupled with growing applications in various industries including entertainment, transportation, retail & ecommerce, and others.
The Asia Pacific regional market is anticipated to grow at a significant rate over the forecast period owing to rapid urbanization resulting in increased commercial construction activities across countries such as China, India, Japan, Malaysia & Indonesia. In addition; rising disposable income levels are also estimated to drive growth during this timeframe. Furthermore; government initiatives encouraging private investments coupled with favorable regulations aimed at promoting domestic manufacturing activities are likely boost industry development over this period.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Growing awareness about the benefits of optical fiber lighting
- Rising demand from commercial and industrial sectors
- Technological advancements in optical fiber lighting technology
- Growing popularity of LED-based optical fiber lights
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Fiber Lighting Market Research Report
By Type
End-emitting Fiber, Edge-emitting Fiber
By Application
Commercial, Medical, Industrial, Others
By Companies
Luxam, Fibre Optic FX Ltd, Fiberoptics Technology Incorporated, Wiedamark, Efi Lighting, Eaton, Schott, Universal Fiber Optic Lighting LLC, Glasbau Hahn
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
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Optical Fiber Lighting Market Report Segments:
The global Optical Fiber Lighting market is segmented on the basis of:
Types
End-emitting Fiber, Edge-emitting Fiber
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
Commercial, Medical, Industrial, Others
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:
- Luxam
- Fibre Optic FX Ltd
- Fiberoptics Technology Incorporated
- Wiedamark
- Efi Lighting
- Eaton
- Schott
- Universal Fiber Optic Lighting LLC
- Glasbau Hahn
Highlights of The Optical Fiber Lighting 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:
- End-emitting Fiber
- Edge-emitting Fiber
- By Application:
- Commercial
- Medical
- Industrial
- Others
- 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 Optical Fiber Lighting 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Optical fiber lighting is a type of lighting that uses optical fibers to transmit light. Optical fiber lighting is often used in places where traditional light sources, such as lamps and candles, are not suitable, such as inside buildings or under water.
Some of the key players operating in the optical fiber lighting market are Luxam, Fibre Optic FX Ltd, Fiberoptics Technology Incorporated, Wiedamark, Efi Lighting, Eaton, Schott, Universal Fiber Optic Lighting LLC, Glasbau Hahn.
The optical fiber lighting market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optical Fiber Lighting 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 Optical Fiber Lighting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Fiber Lighting 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 Optical Fiber Lighting 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 Optical Fiber Lighting Market Size & Forecast, 2018-2028
4.5.1 Optical Fiber Lighting Market Size and Y-o-Y Growth
4.5.2 Optical Fiber Lighting Market Absolute $ Opportunity
Chapter 5 Global Optical Fiber Lighting 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 Optical Fiber Lighting Market Size Forecast by Type
5.2.1 End-emitting Fiber
5.2.2 Edge-emitting Fiber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Fiber Lighting 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 Optical Fiber Lighting Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Medical
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Fiber Lighting 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 Optical Fiber Lighting 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 Optical Fiber Lighting Analysis and Forecast
9.1 Introduction
9.2 North America Optical Fiber Lighting 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 Optical Fiber Lighting Market Size Forecast by Type
9.6.1 End-emitting Fiber
9.6.2 Edge-emitting Fiber
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 Optical Fiber Lighting Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Medical
9.10.3 Industrial
9.10.4 Others
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 Optical Fiber Lighting Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Fiber Lighting 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 Optical Fiber Lighting Market Size Forecast by Type
10.6.1 End-emitting Fiber
10.6.2 Edge-emitting Fiber
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 Optical Fiber Lighting Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Medical
10.10.3 Industrial
10.10.4 Others
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 Optical Fiber Lighting Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Fiber Lighting 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 Optical Fiber Lighting Market Size Forecast by Type
11.6.1 End-emitting Fiber
11.6.2 Edge-emitting Fiber
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 Optical Fiber Lighting Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Medical
11.10.3 Industrial
11.10.4 Others
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 Optical Fiber Lighting Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Fiber Lighting 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 Optical Fiber Lighting Market Size Forecast by Type
12.6.1 End-emitting Fiber
12.6.2 Edge-emitting Fiber
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 Optical Fiber Lighting Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Medical
12.10.3 Industrial
12.10.4 Others
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) Optical Fiber Lighting Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Fiber Lighting 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) Optical Fiber Lighting Market Size Forecast by Type
13.6.1 End-emitting Fiber
13.6.2 Edge-emitting Fiber
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) Optical Fiber Lighting Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Medical
13.10.3 Industrial
13.10.4 Others
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 Optical Fiber Lighting Market: Competitive Dashboard
14.2 Global Optical Fiber Lighting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Luxam
14.3.2 Fibre Optic FX Ltd
14.3.3 Fiberoptics Technology Incorporated
14.3.4 Wiedamark
14.3.5 Efi Lighting
14.3.6 Eaton
14.3.7 Schott
14.3.8 Universal Fiber Optic Lighting LLC
14.3.9 Glasbau Hahn
