Global Fibre Optics Market By Overview
Optical fibre is also referred as fibre optics, is a technology and medium which transfer data/information through optical cable as light pulses along glass or fibre. The fibre optic cable contains optical fibre and core is covered by cladding – a glass layer. Also, the buffer tube protects the cladding and another layer acts as a protective layer, which is known as jacket layer. A fiber-optic cable, also known as an optical-fiber cable, is a cable that looks like an electrical wire but contains one or more optical fibers for light transmission. The optical fibre elements are usually separately coated with plastic layers and housed in a protective tube that is appropriate for the cable's use environment. Long-distance telephony, for example, or delivering a high-speed data link between different portions of a building, require different types of cable. The Fibre Optics market accounted for US$ 10.0 billion in 2024 and is estimated to be US$ 20.0 billion by 2034 and is anticipated to register a CAGR of 7.2%.
Global Fibre Optics Market By Dynamics
Growing use of Mobile Devices
Because optical fibre cable is the primary medium for data transfer from one point to another, telecommunication is the largest end-use industry for fibre optics. Because of the growing use of mobile devices and the associated bandwidth connectivity, the industry is fast expanding. The telecommunications business is being driven by positive market trends in broadband services and big data management. With the expansion of device usage and connectivity, the number of linked devices continues to grow. The Middle East and Africa's telecommunications business is quickly expanding as a result of significant infrastructural investments in the region. It generates 8% of the total revenue generated by the telecommunications industry globally. Changes in demography, internet connectivity, device penetration, and the amount of customers are all propelling the industry forward.
Global Fibre Optics Market By Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The fibre optics market has been segmented on the basis of type, application, and region.
On the basis of type the target market is segmented into Single Mode Fiber Optics, Multimode Fiber Optics, and Plastic Optical Fiber. Also, on the basis of application the target market is segmented into electronics and communication, oil and gas, defense and aerospace, and medical and healthcare.
Regional Insights:
The Fibre Optics market accounted for US$ 10.0 billion in 2024 and is estimated to be US$ 20.0 billion by 2034 and is anticipated to register a CAGR of 7.2%. On region the Fibre Optics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region is expected to witness high growth rate than that of other regions, owing to high penetration rate of fiber optics in countries in the region and rapid advancements in telecommunication sector in China.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2023 |
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Forecast period |
2024 – 2034 |
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Market representation |
Revenue in USD Billion & CAGR from 2024 – 2034 |
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Market Segmentation |
By Type- Single Mode Fiber Optics, Multimode Fiber Optics, And Plastic Optical Fiber By Application– Diagnostics and Research |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Fiber Optics market report based on types, application, and region.
Fibre Optics Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global Fibre Optics Market By Key Players
The Key players operating in the fibre optics market includes Corning Inc., Prysmian group, AFL global, Belden Inc., Finisar Corporation, Finolex Cable Limited, Sumitomo Electric Industries Ltd., Furukawa Electric Co. Ltd., Yangtze Optical Fiber, and Cable Joint Stock Limited Company.
Global Fibre Optics Market By Company Profile
- Corning Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Prysmian group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- AFL global
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Belden Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Finisar Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Finolex Cable Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sumitomo Electric Industries Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Furukawa Electric Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Yangtze Optical Fiber
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cable Joint Stock Limited Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Fibre Optics Market By Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- PORTER’s
- Investment Outlook
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Fibre Optics Strategies
- Key Questions this Study will Answer
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- By Type (Single Mode Fiber Optics, Multimode Fiber Optics, And Plastic Optical Fiber),
- By Application (Electronics And Communication, Oil And Gas, Defense And Aerospace, And Medical And Healthcare)
- By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Regional Analysis
- Regional Revenue Analysis
- Regional By segment Analysis
- Reasons for regional growth
- Key Player of particular region
- Countries Include in the report:
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- North America (U.S., Canada)
- Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
- Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
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- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Competitive Overview
- Competitive Benchmarking
- Market Share Analysis
- Key Developments In The Global Fibre Optics Market
- Key Developments: Mergers & Acquisitions
- Key Developments: Collaboration
- Key Developments: Contracts & Agreements
- Key Developments: Expansion
- Key Developments: Product Developments
- Company Profiles
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SWOT Analysis
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Corning Inc., Prysmian group, AFL global, Belden Inc., Finisar Corporation, Finolex Cable Limited, Sumitomo Electric Industries Ltd., Furukawa Electric Co. Ltd., Yangtze Optical Fiber, and Cable Joint Stock Limited Company.
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Fibre Optics Market report segments the market on the based on the type, application and region.
The rise of the fibre optics sector is being fueled by the need for internet, as well as the increasing demand for FTTx.
North America is expected to account major market share as compared to that of other regions.
The leading players operating in the Fibre Optics Market includes Corning Inc., Prysmian group, AFL global, Belden Inc., Finisar Corporation, Finolex Cable Limited, Sumitomo Electric Industries Ltd., Furukawa Electric Co. Ltd., Yangtze Optical Fiber, and Cable Joint Stock Limited Company.