Image

Global Fiber Optics Market – Industry Trends and Forecast to 2029

  • Semiconductors and Electronics
  • Upcoming Report
  • May 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Fiber Optics Market, By Type (Glass, Plastic), Cable Type (Single-Mode, Multi-Mode), Application (Communication, Non-Communication) - Industry Trends and Forecast to 2029

 

Fiber Optics Market

Market Analysis and Size

In recent years, a rise in need for high-speed data is being witnessed due to the increased application of video services, online gaming and TV-on-demand. Fiber optic connector in telecom is being deployed among consumers for better performance output, and shift toward smaller, multi-fiber and more efficient connections.

Global Fiber Optics Market was valued at USD 5.15 billion in 2021 and is expected to reach USD 10.56 billion by 2029, registering a CAGR of 9.40% during the forecast period of 2022-2029. Communication accounts for the largest end-use industry segment in the respective market owing to the rise in the number of internet users. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

An optical fiber refers to a transparent and flexible fiber that is made by drawing glass or plastic and is utilized for transmitting light. This type of cable has numerous usages in fiber-optic communications, where they enable transmission over longer distances and at higher bandwidths than wire cables.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Glass, Plastic), Cable Type (Single-Mode, Multi-Mode), Application (Communication, Non-Communication)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

TE Connectivity (Switzerland), Corning Incorporated (US), Molex (US), Amphenol Corporation (US), Infinite Electronics International, Inc. (US), Hitachi Information & Telecommunication Engineering, Ltd (Japan), Radiall (France), Delaire USA (US), Belden Inc. (US), Panduit (US), HIROSE ELECTRIC CO., LTD. (Japan), Ratioplast-Electronics (Germany), RS COMPONENTS PTE LTD (UK), 3M (US), Nexans (France), LEONI AG (Germany), Glenair, Inc. (US), Extron (US), and CommScope (US), among others

Market Opportunities

  • Mergers and acquisitions, undertaken by the benefactors of the telecommunication
  • Rise in the adoption of fiber optic technology across the globe
  • Rise in the government funding for telecommunication infrastructure development

Fiber Optics Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Adoption of Fiber Optic Technology

The rise in the adoption of fiber optic technology across the globe is one of the major factors driving the growth of fiber optics market. The increase in the preference toward high bandwidth communication and expansion of healthcare sector have a positive impact on the market.

  • Government Initiatives

The rise in the government funding for telecommunication infrastructure development accelerate the market growth. Government is investing in research for upgrading and enlarging the solicitation frontiers. Also, rise in awareness of the benefits of technology further drives the market growth.

  • Military and Aerospace Applications

The high usage of fiber optic technology in military and aerospace, and railway application due to the increasing adoption of Plastic Optical Fiber (POF) further influence the market. The optical connector technology is used in military for a wide variety of sea, space, ground and air solicitations, such as ground support systems and avionics testing equipment modules in fighter planes.

Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the fiber optics market.

Opportunities

Furthermore, mergers and acquisitions, undertaken by the benefactors of the telecommunication and network service providers extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, surge in investments will further expand the market.

Restraints/Challenges

On the other hand, high investment cost and adoption of wireless broadband and other technologies are expected to obstruct market growth. Also, requirement of new infrastructure is projected to challenge the fiber optics market in the forecast period of 2022-2029.

This fiber optics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fiber optics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Fiber Optics Market

The COVID-19 had a negative impact on the fiber optics market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand fiber optics market. The supply chain got hampered during the pandemic along with delay logistics activities. However, the fiber optics market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.

Recent Developments

  • Black Box had launched a new family of networking active optical cables as a part of offering optimizing data center in June’2020. The company also launched edge network applications. These cables assist in addressing the rise in demand for big data storage, cloud services and media streaming with offering support for SFP+, QSFP+, SFP and QSFP.

Global Fiber Optics Market Scope and Market Size

The fiber optics market is segmented on the basis of fiber type, cable type and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Glass
  • Plastic

Cable Type

  • Single-Mode
  • Multi-Mode

Application

  • Communication
  • Non-Communication

Fiber Optics Market Regional Analysis/Insights

The fiber optics market is analyzed and market size insights and trends are provided by country, fiber type, cable type and application as referenced above.

The countries covered in the fiber optics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the fiber optics market because of increase in number of connectors within the region.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the expansion of IT and telecommunication sector, and high penetration rate of the manufacturing sector in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Fiber Optics Market

The fiber optics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to fiber optics market.

Some of the major players operating in fiber optics market are

  • TE Connectivity (Switzerland)
  • Corning Incorporated (US)
  • Molex (US)
  • Amphenol Corporation (US)
  • Infinite Electronics International, Inc. (US)
  • Hitachi Information & Telecommunication Engineering, Ltd (Japan)
  • Radiall (France)
  • Delaire USA (US)
  • Belden Inc. (US)
  • Panduit (US)
  • HIROSE ELECTRIC CO., LTD. (Japan)
  • Ratioplast-Electronics (Germany)
  • RS COMPONENTS PTE LTD (UK)
  • 3M (US)
  • Nexans (France)
  • LEONI AG (Germany)
  • Glenair, Inc. (US)
  • Extron (US)
  • CommScope (US)

Research Methodology: Global Fiber Optics Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

CHOOSE LICENCE TYPE
  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00
Why Choose Us
Unlocking New Opportunities on this Report Post Covid-19

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions



Frequently Asked Questions

Global Fiber Optics Market is expected USD 10.56 billion by 2029.
Global Fiber Optics Market is expected to witness CAGR of 9.40% during the forecast period of 2022-2029
On the basis of application, the Fiber Optics Market is segmented into Communication, & Non-Communication.
The major countries covered in the Fiber Optics Market are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.