Global Fiber Optics Cable Assemblies Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Fiber Optics Cable Assemblies Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Fiber optic cable assemblies consist of an optical fiber, a reinforcement strand for support, and fiber optic connectors. Fiber Optic Cable is a cable containing one or more optical fibers that are used to carry light. The optical fiber elements are typically individually coated with plastic layers and contained in a protective tube suitable for the environment where the cable will be deployed. For a signal to move from one fiber optic cable to another, the fibers must be secured and properly aligned with the connecting cable fibers. The type of connector depends upon the type of optical fiber and intended assembly function. Some major types of connectors include ST, FC, LC, MT-RJ, SC, and MU connectors.

Market Overview:

The latest research study on the global Fiber Optics Cable Assemblies market finds that the global Fiber Optics Cable Assemblies market reached a value of USD 3847.6 million in 2022. It’s expected that the market will achieve USD 5896.76 million by 2028, exhibiting a CAGR of 7.38% during the forecast period.

Market Drivers

The construction of 5G network will bring massive fiber optics cable demand, which will bring great benefits to the fiber optics cable assemblies' industry. Giving full play to the advantages of 5G low latency and massive connection requires a strong optical fiber foundation to support it. The new generation communication technology represented by 5G not only brings new demands to the optical fiber and cable industry, but also brings new impetus to its technological transformation. With the development of network technology, the preference for high-speed connection devices and systems is increasing, the applications in IT, network security and other industries are increasing, and the use of fiber optics cable assemblies in data and network transmission is increasing.

Market Challenges

Raw materials are an important part of fiber optics cable assemblies industry, accounting for most of the production cost. Generally speaking, the quality of raw materials directly affects the quality of fiber optics cable assemblies. Nearly two years, the fluctuation of global commodity prices has intensified. Most fiber optics cable assemblies manufacturers are facing the pressure of rising raw material costs, which brings a lot of troubles to their business operations. The rising prices of raw materials have seriously affected the profits of enterprises. Therefore, if the company can't effectively reduce costs and improve efficiency, and maintain the bargaining power of product prices, there will be the risk of falling gross profit margin and performance.

Region Overview:

From 2022-2027, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Corning is one of the major players operating in the Fiber Optics Cable Assemblies market, holding a share of 8.40% in 2022.

Corning Incorporated is a global technology-based company. The Company produces optical fiber, cable, and photonic components for the telecommunications industry, as well as manufactures glass panels, funnels, liquid crystal display glass, and projection video lens assemblies for the information display industry.

CommScope, Inc. is a Hickory, North Carolina-based company that designs and manufactures coaxial and fiber optic cable and related products used by cable and satellite television providers and other applications, including data networking, Internet access, wireless communications, and telephony.

Segmentation Overview:

Among different product types, Single-Mode Fiber Optic Cable segment is anticipated to contribute the largest market share in 2027.

Single Mode fiber optic cable has a small diametral core that allows only one mode of light to propagate. Because of this, the number of light reflections created as the light passes through the core decreases, lowering attenuation and creating the ability for the signal to travel further. This application is typically used in long-distance, higher bandwidth runs by Telcos, CATV companies, and Colleges and Universities.

Multimode fiber optic cable has a large diametral core that allows multiple modes of light to propagate. Because of this, the number of light reflections created as the light passes through the core increases, creating the ability for more data to pass through at a given time. Because of the high dispersion and attenuation rate with this type of fiber, the quality of the signal is reduced over long distances. This application is typically used for a short-distance, data, and audio/video applications in LANs. RF broadband signals, such as what cable companies commonly use, cannot be transmitted over multimode fiber.

Multimode fiber is usually 50/125 and 62.5/125 in construction. This means that the core-to-cladding diameter ratio is 50 microns to 125 microns and 62.5 microns to 125 microns.

Application Overview:

By application, the Telecom/Datacom segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Fiber Optics Cable Assemblies market covered in Chapter 3:

Corning
C Enterprises
Radiall
Nexans
CommScope
HUBER + SUHNER
OFS Furukawa
Sumitomo
Rosenberger Group
Amphenol
YOFC
Molex
TE Connectivity
Fiber Connections Inc
Carlisle Interconnect Technologies
Belden

In Chapter 4 and Chapter 14.2, on the basis of types, the Fiber Optics Cable Assemblies market from 2018 to 2029 is primarily split into:

Single-Mode Fiber Optic Cable
Multi-Mode Fiber Optic Cable
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Fiber Optics Cable Assemblies market from 2018 to 2029 covers:

Telecom/Datacom
CATV and Broadcasting
Military/Aerospace
Power and New Energy
Healthcare
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)