Global Fibre Optic Cables Market Growth 2025-2031
The global Fibre Optic Cables market size is predicted to grow from US$ 9124 million in 2025 to US$ 16500 million in 2031; it is expected to grow at a CAGR of 10.4% from 2025 to 2031.
Fibre optic cables are a type of cable that uses light to transmit data. They consist of thin strands of glass or plastic (called optical fibers) through which light pulses carry information. These cables are widely used in telecommunications and networking because they can transmit data over long distances at very high speeds, with minimal loss of signal quality.
The main global Fibre Optic Cables players include Prysmian, HTGD, YOFG, etc. The top three Fibre Optic Cables players account for approximately 23% of the total global market. Asia-Pacific is the largest consumer market for Fibre Optic Cables, accounting for about 57%, followed by Europe and North America. In terms of product, Single-mode Optical Cable is the largest segment, with a share about 97%. And in terms of application, the largest application is FTTx, followed by Other Local Access Networks.
The global fibre optic cables market has been experiencing robust growth, driven by the increasing demand for high-speed internet and the expansion of communication infrastructure. With the rise of 5G networks, cloud computing, and data centers, fibre optic cables are becoming essential for handling large amounts of data with minimal latency. Governments and private companies worldwide are investing heavily in upgrading their telecom infrastructure to support faster, more reliable connectivity. This is particularly significant in regions undergoing digital transformation, such as Asia-Pacific and parts of Africa, where there is a focus on expanding broadband services to underserved areas.
In addition to telecommunications, other industries such as healthcare, defense, and energy are contributing to the growing demand for fibre optic cables. The technology is being used in applications like medical imaging, military communications, and smart grid management, requiring fast and secure data transmission. Moreover, advancements in fibre optic cable materials and manufacturing processes have improved durability and reduced costs, making the technology more accessible to a wider range of sectors. This trend is expected to continue, with the global fibre optic cables market poised for significant expansion over the coming years.
LP Information, Inc. (LPI) ' newest research report, the “Fibre Optic Cables Industry Forecast” looks at past sales and reviews total world Fibre Optic Cables sales in 2024, providing a comprehensive analysis by region and market sector of projected Fibre Optic Cables sales for 2025 through 2031. With Fibre Optic Cables sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fibre Optic Cables industry.
This Insight Report provides a comprehensive analysis of the global Fibre Optic Cables landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fibre Optic Cables portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Fibre Optic Cables market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fibre Optic Cables and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fibre Optic Cables.
This report presents a comprehensive overview, market shares, and growth opportunities of Fibre Optic Cables market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single-mode Optical Cable
Multimode Optical Cable
Segmentation by Application:
Long Haul Communication
FTTX
Local Access Network
Other Local Access Networks
CATV
Multimode Fibe
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Prysmian
HTGD
Furukawa
Corning
YOFC
Futong
Fujikura
Sumitomo
Tongding
CommScope
Sterlite
FiberHome
Jiangsu Etern
ZTT
Belden
Nexans
Kaile
LS Cable&System
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fibre Optic Cables market?
What factors are driving Fibre Optic Cables market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fibre Optic Cables market opportunities vary by end market size?
How does Fibre Optic Cables break out by Type, by Application?
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