Global Optical Fiber Market Growth 2023-2029

Global Optical Fiber Market Growth 2023-2029

Fiber optics, or optical fiber, refers to the technology that transmits information as light pulses along a glass or plastic fiber. A fiber optic cable can contain a varying number of these glass fibers -- from a few up to a couple hundred. Another glass layer, called cladding, surrounds the glass fiber core. The buffer tube layer protects the cladding, and a jacket layer acts as the final protective layer for the individual strand. The Optical Fiber market covers Single-Mode Optical Fiber, Multi-Mode Optical Fiber, etc. The typical players include Prysmian, HTGD, Furukawa, Corning, YOFC, Futong, Fujikura, Sumitomo, etc.

LPI (LP Information)' newest research report, the “Optical Fiber Industry Forecast” looks at past sales and reviews total world Optical Fiber sales in 2022, providing a comprehensive analysis by region and market sector of projected Optical Fiber sales for 2023 through 2029. With Optical Fiber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Optical Fiber industry.

This Insight Report provides a comprehensive analysis of the global Optical Fiber 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 Optical Fiber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Optical Fiber market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Optical Fiber 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 Optical Fiber.

The global Optical Fiber market size is projected to grow from US$ 10740 million in 2022 to US$ 16160 million in 2029; it is expected to grow at a CAGR of 16160 from 2023 to 2029.

Global key players of optical fiber include Prysmian, HTGD, Furukawa, Corning. etc. Global top five manufacturers hold a share over 40%. In terms of product, single-mode optical fiber is the largest segment, with a share over 95%. And in terms of application, the largest application is FTTx. with a share over 34%.

This report presents a comprehensive overview, market shares, and growth opportunities of Optical Fiber market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Single-Mode Optical Fiber
Multi-Mode Optical Fiber

Segmentation by application
Long-Distance Communication
FTTx
Local Mobile Metro Network
Other Local Access Network
CATV
Multimode Fiber Applications
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 analyzing the company's coverage, product portfolio, its market penetration.
Prysmian
HTGD
Furukawa
Corning
YOFC
Futong
Fujikura
Sumitomo
Tongding Optic-Electronic
CommScope
STL
FiberHome
Jiangsu Etern
ZTT
BELDEN
Fasten
Nexans
Kaile
LS Cable＆System
Taihan

Key Questions Addressed in this Report

What is the 10-year outlook for the global Optical Fiber market?

What factors are driving Optical Fiber market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Optical Fiber market opportunities vary by end market size?

How does Optical Fiber break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.