Market Overview:
The global specialty fiber 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 optical fibers in communication and military applications. Additionally, the growing demand for electric power systems is also contributing to the growth of this market. Multimode fiber optic cables are expected to dominate the global specialty fiber optics market during the forecast period, owing to their high transmission capacity and low cost as compared with singlemode fibers. Communication/devices and military are expected to be the two largest application segments of this market during the forecast period.
Product Definition:
A fiber optic is a special type of cable that uses glass or plastic fibers to transmit data. They are often used in telecommunications and networking applications because they can carry large amounts of data over long distances.
Multimode Fiber:
Multimode fiber is used in telecommunication applications and has a maximum transmission speed of 10 Gbps. It is also used in computer networks as it can support multiple access simultaneously. The multimode fiber optic cable consists of a single-core optical fibers that are used for connecting devices such as network cameras, routers, switches, etc. to the mainframe or gateway servers.
Singlemode Fiber:
Single-mode fiber optic is a type of optical fiber, which is used for transmission of light in only one direction. It has core made up of high refractive index material and cladding made up of low refractive index material. The single-mode fibers are used in applications where the light wave has to travel only one way i.e., from source to destination without any backlashes or reflections.
Application Insights:
The communication/devices segment dominated the global specialty fiber optics market in terms of revenue share in 2017. The growing demand for data transmission and storage is propelling the growth of this application segment. Moreover, increasing use of these products as components in communication devices such as smartphones and tablets is further driving the growth. In addition, they are also used for applications such as security systems, surveillance cameras, laser printers and copiers among others.
The electric power system application segment was valued over USD 1 billion in 2017 owing to rising demand from industrial applications including automotive electronics assembly plants along with medical equipment manufacturing facilities across the globe.
Regional Analysis:
North America dominated the market in terms of revenue share in 2016. The growth is attributed to the presence of major players, technological advancements, and high disposable income. Moreover, increasing demand for high-speed internet services has led to an increase in data traffic across this region which is expected to drive the regional market over the forecast period.
Asia Pacific specialty fiber optics market is anticipated to witness lucrative growth over a period of eight years from 2017 to 2030 owing to rapid economic development coupled with government initiatives for infrastructure development and large population base within this region. Increasing investments by governments as well as private companies are expected drive industry expansion over next eight years (from 2017 To 2030). For instance; In June 2015; China Telecom announced plans for deploying fiber-optic cables around Asia Pacific that would enable faster data speeds between countries such as Australia and South Korea compared with current cable systems used worldwide’s capacity up until then (China Telecom 2015).
Growth Factors:
- Increasing demand for bandwidth-intensive applications such as big data, cloud computing, and Internet of Things (IoT) is expected to drive the growth of specialty fiber optics market.
- Proliferation of next-generation optical networks and rising demand for high-speed connectivity are also anticipated to boost the growth of this market over the forecast period.
- Growing number of data centers across the globe is another major factor that is expected to fuel the demand for specialty fiber optics in near future.
- Rising investments in research and development activities by various key players operating in this market is also projected to propel its growth during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Specialty Fiber Optics Market Research Report
By Type
Multimode Fiber, Singlemode Fiber
By Application
Communication/Devices, Military, Electric Power System, Others
By Companies
Prysmian, HTGD, Corning, YOFC, Sterlite, FiberHome, ZTT, Ying Photoelectric, Optical Cable Corporation, Belden, Prysmian, AFL, Mitsubishi Cable Industries, Tongguang, Shenzhen Kaishengda 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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Specialty Fiber Optics Market Report Segments:
The global Specialty Fiber Optics market is segmented on the basis of:
Types
Multimode Fiber, Singlemode 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
Communication/Devices, Military, Electric Power System, 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:
- Prysmian
- HTGD
- Corning
- YOFC
- Sterlite
- FiberHome
- ZTT
- Ying Photoelectric
- Optical Cable Corporation
- Belden
- Prysmian
- AFL
- Mitsubishi Cable Industries
- Tongguang
- Shenzhen Kaishengda Cable
Highlights of The Specialty Fiber 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 Fiber
- Singlemode Fiber
- By Application:
- Communication/Devices
- Military
- Electric Power System
- 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 Specialty Fiber 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
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
Specialty fiber optics is a type of optical communications technology that uses specially designed fibers to transmit data more quickly and reliably than traditional fiber optic cables. Specialty fibers are typically used in applications where high bandwidth or low latency are required, such as telecommunications, medical imaging, and defense systems.
Some of the major players in the specialty fiber optics market are Prysmian, HTGD, Corning, YOFC, Sterlite, FiberHome, ZTT, Ying Photoelectric, Optical Cable Corporation, Belden, Prysmian, AFL, Mitsubishi Cable Industries, Tongguang, Shenzhen Kaishengda Cable.
The specialty fiber optics market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Specialty Fiber 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 Specialty Fiber Optics Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Specialty Fiber 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 Specialty Fiber 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 Specialty Fiber Optics Market Size & Forecast, 2018-2028 4.5.1 Specialty Fiber Optics Market Size and Y-o-Y Growth 4.5.2 Specialty Fiber Optics Market Absolute $ Opportunity
Chapter 5 Global Specialty Fiber Optics 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 Specialty Fiber Optics Market Size Forecast by Type
5.2.1 Multimode Fiber
5.2.2 Singlemode Fiber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Specialty Fiber Optics 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 Specialty Fiber Optics Market Size Forecast by Applications
6.2.1 Communication/Devices
6.2.2 Military
6.2.3 Electric Power System
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Specialty Fiber 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 Specialty Fiber 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 Specialty Fiber Optics Analysis and Forecast
9.1 Introduction
9.2 North America Specialty Fiber Optics 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 Specialty Fiber Optics Market Size Forecast by Type
9.6.1 Multimode Fiber
9.6.2 Singlemode 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 Specialty Fiber Optics Market Size Forecast by Applications
9.10.1 Communication/Devices
9.10.2 Military
9.10.3 Electric Power System
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 Specialty Fiber Optics Analysis and Forecast
10.1 Introduction
10.2 Europe Specialty Fiber Optics 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 Specialty Fiber Optics Market Size Forecast by Type
10.6.1 Multimode Fiber
10.6.2 Singlemode 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 Specialty Fiber Optics Market Size Forecast by Applications
10.10.1 Communication/Devices
10.10.2 Military
10.10.3 Electric Power System
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 Specialty Fiber Optics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Specialty Fiber Optics 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 Specialty Fiber Optics Market Size Forecast by Type
11.6.1 Multimode Fiber
11.6.2 Singlemode 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 Specialty Fiber Optics Market Size Forecast by Applications
11.10.1 Communication/Devices
11.10.2 Military
11.10.3 Electric Power System
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 Specialty Fiber Optics Analysis and Forecast
12.1 Introduction
12.2 Latin America Specialty Fiber Optics 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 Specialty Fiber Optics Market Size Forecast by Type
12.6.1 Multimode Fiber
12.6.2 Singlemode 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 Specialty Fiber Optics Market Size Forecast by Applications
12.10.1 Communication/Devices
12.10.2 Military
12.10.3 Electric Power System
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) Specialty Fiber Optics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Specialty Fiber Optics 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) Specialty Fiber Optics Market Size Forecast by Type
13.6.1 Multimode Fiber
13.6.2 Singlemode 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) Specialty Fiber Optics Market Size Forecast by Applications
13.10.1 Communication/Devices
13.10.2 Military
13.10.3 Electric Power System
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 Specialty Fiber Optics Market: Competitive Dashboard
14.2 Global Specialty Fiber Optics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Prysmian
14.3.2 HTGD
14.3.3 Corning
14.3.4 YOFC
14.3.5 Sterlite
14.3.6 FiberHome
14.3.7 ZTT
14.3.8 Ying Photoelectric
14.3.9 Optical Cable Corporation
14.3.10 Belden
14.3.11 Prysmian
14.3.12 AFL
14.3.13 Mitsubishi Cable Industries
14.3.14 Tongguang
14.3.15 Shenzhen Kaishengda Cable