Global Passive Fiber to the x (FTTX) Hardware Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Passive optical networks are unique because they can use optical fiber to provide high-bandwidth connections for last-mile telecommunications. FTTX is a general term that describes the way optical fiber provides broadband to various devices in the last mile. For passive fiber to the x (FTTX) hardware, only need to supply power at the source and receiver of the signal. The data is separated and collected by unpowered beam splitters along the line.
Market Overview:The latest research study on the global Passive Fiber to the x (FTTX) Hardware market finds that the global Passive Fiber to the x (FTTX) Hardware market reached a value of USD 2703.64 million in 2022. It’s expected that the market will achieve USD 4012.58 million by 2028, exhibiting a CAGR of 6.8% during the forecast period.
Influence of COVID-19 Outbreak on Passive Fiber to the x (FTTX) Hardware Industry Development
Since the outbreak of the COVID-19 virus in 2020, the global impact of the 2020 Coronavirus Disease (COVID-19) has begun to appear and will significantly affect the passive fiber to the x (FTTX) hardware market in 2020. COVID-19 may affect the global economy in three main ways: directly affecting production and demand through manufacturing supply chain and market disruptions, and financial impact on enterprises and financial markets. In the initial stage of the COVID-19 pandemic, passive fiber to the x (FTTX) hardware demand is usually weak, but production usually continues to decrease.
Due to the COVID-19 outbreak, many factories have been closed. The production of passive fiber to the x (FTTX) hardware related equipment is also affected. The supply chain and downstream application industries have been affected by the epidemic, and production has stagnated, which has also adversely affected the development of the passive fiber to the x (FTTX) hardware industry. Although COVID-19 currently has a long-term possibility, its subsequent impact depends on the development of the epidemic and related measures taken by the government.
Region Overview:From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:Corning is one of the major players operating in the Passive Fiber to the x (FTTX) Hardware market, holding a share of 8.80% in 2021.
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.
ZTE Corporation is a global leader in telecommunications and information technology. Founded in 1985 and listed on both the Hong Kong and Shenzhen Stock Exchanges, the company has been committed to providing innovative technologies and integrated solutions for global operators, government and enterprise, and consumers from over 160 countries across the globe. Serving over 1/4 of the global population, the company is dedicated to enabling connectivity and trust everywhere for a better future.
Segmentation Overview:Among different product types, Fiber Optic Cabling segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the FTTH segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Passive Fiber to the x (FTTX) Hardware market covered in Chapter 3:Fujikura (Exclude AFL)
Langmatz GmbH
ZTE
Sunsea AIoT
Corning
Commscope
Amphenol
R&M (Reichle & De-Massari AG)
braun teleCom
OFS Optics
Connect Com GmbH
HUBER+SUHNER
Raycap
Clearfield
AFL
TKF Telecom
Nexans
Rainford Solutions
In Chapter 4 and Chapter 14.2, on the basis of types, the Passive Fiber to the x (FTTX) Hardware market from 2018 to 2029 is primarily split into:Optical Connectivity
Fiber Optic Cabling
Fiber-Optic Cables & Jumpers
FTTx Electronics
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Passive Fiber to the x (FTTX) Hardware market from 2018 to 2029 covers:FTTH
FTTB
FTTC
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)