Fiber Optic Cable Market Growth, Trends, Revenue, Size, Share and Future Opportunities 2032
Fiber Optic Cable Market Size- By Fiber Type, By Cable Type, By Deployment, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Feb-2023 | Report ID: SEMI2307 | Pages: 1 - 213 | Formats*: |
| Category : Semiconductor and Electronics | |||
Global Fiber Optic Cable Market Overview
According to SPER Market Research, the Global Fiber Optic Cable Market is estimated to reach USD 14.08 billion by 2032 with a CAGR of 11.13%.
Growing demand in FTTX and the telecommunications industry, as well as technological improvements, are primarily responsible for the market's increased growth. Fiber optic cables are made up mostly of strands of glass fibres enclosed in an insulated housing. They are intended for long-distance, high-performance data networking and telephony. Fiber optic cables have a higher bandwidth and can carry data over longer distances than conventional cables. The internet, cable television, and telephone services are all supported by fibre optic lines. Bandwidth demand is expected to remain high in the future, driven in part by the need for breakthrough applications such as higher-quality video, virtual reality, and others. And it is expected that this need would continue to stimulate demand for fiber-based optical spectrum. In the household and corporate sectors, there is an increasing desire for improved connectivity.Flexible fibre optic cables are utilised to transfer enormous amounts of digital content over great distances with high performance, which boosts their demand in the digital content business.
The increased data traffic from various sources, such as the internet, e-commerce, computer networks, and multimedia (voice, data, and video), has necessitated a higher bandwidth transmission medium for such huge amounts of data.As a result, increased use of fibre optic cable across a wide range of end-use sectors would drive market growth. The Fiber Optic Cable market data has been segmented due to the increasing use of fibre optics in data transfer services and communication; the industry has substantial growth opportunities in the next years. Because of the technology, information can be delivered at high speeds in both long- and short-distance connections. Also, increased demand for cloud-based apps, audio-video services, and video-on-demand services stimulates the telecom industry's market expansion of fibre optics.
Impact of COVID-19 on the Global Fiber Optic Cable Market
COVID-19 has had a wide-ranging impact on the global economy, causing disruptions in production and demand as well as financial concerns for enterprises and financial markets. Wuhan has a substantial concentration of the fibre optics supply chain, home to Fiberhome, YOFC, and Accelink, among other enterprises that account for a significant share of global optical fibre production capacity. During the early stages of a pandemic, demand is typically low.
Nonetheless, production remained at a low level. The COVID-19 outbreak has resulted in lockdowns being enacted in most countries, effectively shutting down companies and transportation activities in order to contain the virus's spread. China is a major worldwide economic hub as well as one of the most populous countries in terms of Internet users. Unfortunately, the global disruptions produced by the COVID-19 pandemic have significantly damaged supply chain activities, resulting in pauses in large-scale manufacturing. The COVID-19 epidemic has impacted the global economy, which is projected to have an impact on demand for optical products in a number of countries. Furthermore, the impacts of COVID-19 have slowed the installation of FTTH networks in Western Europe, which is having a significant influence on industry growth.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Fiber Type, By Cable Type, By Deployment, By Application |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Coherent Inc., Commscope Inc., Corning Inc., Finisar Corporation, Fujikura Ltd, Furukawa Electric Co. Ltd, Hengtong Group Co. Ltd, Hitachi Cable America Inc. (Hitachi Cable), Leoni AG ( Weinert Industries), LS Cable & System (LS Group), Nestor Cables Ltd, Nexans SA, Prysmian Group, Sterlite Technologies Ltd, Sumitomo Electric Industries Ltd, Yangtze Optical Fiber and Cable Joint Stock Ltd Co. |
Global Fiber Optic Cable Market Segmentation:
1. By Fiber Type:
- Glass
- Plastic
2. By Cable Type:
- Multi-mode
- Single-mode
3. By Deployment:
- Aerial
- Underground
- Underwater
4. By Application:
- Communication
- CATV
- Industrial
- Military
- Premises
- Telecom
- Others (Security and Metropolitan Network)
- Non- Communication
- Fiber Optic Lighting
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Fiber Optic Cable Market (FY’2019-FY’2032)
- Overview of Global Fiber Optic Cable Market
- Segmentation of Global Fiber Optic Cable Market By Fiber Type (Glass, Plastic)
- Segmentation of Global Fiber Optic Cable Market By Cable Type (Multi-mode, Single-mode)
- Segmentation of Global Fiber Optic Cable Market By Deployment (Aerial, Underground, Underwater)
- Segmentation of Global Fiber Optic Cable Market By Application (Communication, Non- Communication)
- Statistical Snap of Global Fiber Optic Cable Market
- Growth Analysis of Global Fiber Optic Cable Market
- Problems and Challenges in Global Fiber Optic Cable Market
- Competitive Landscape in the Global Fiber Optic Cable Market
- Impact of COVID-19 and Demonetization on Global Fiber Optic Cable Market
- Details on Recent Investment in Global Fiber Optic Cable Market
- Competitive Analysis of Global Fiber Optic Cable Market
- Major Players in the Global Fiber Optic Cable Market
- SWOT Analysis of Global Fiber Optic Cable Market
- Global Fiber Optic Cable Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s2.2 Market size estimation2.2.1 Top-down and Bottom-up approach2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges4.2. COVID-19 Impacts of the Global Fiber Optic Cable Market
5. Market variables and outlook
5.1. SWOT analysis5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats5.2. PESTEL analysis5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape5.3. PORTER’S five forces analysis5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry5.4. Heat map analysis
6. Competitive Landscape6.1 Global Fiber Optic Cable Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Fiber Optic Cable Market
7. Global Fiber Optic Cable Market, By Fiber Type, 2019-2032 (USD Million)
7.1 Glass7.2 Plastic
8. Global Fiber Optic Cable Market, By Cable Type, 2019-2032 (USD Million)
8.1 Multi-mode8.2 Single-mode
9. Global Fiber Optic Cable Market, By Deployment, 2019-2032 (USD Million)
9.1 Aerial9.2 Underground9.3 Underwater
10. Global Fiber Optic Cable Market, By Application, 2019-2032 (USD Million)
10.1 Communication10.1.1. CATV10.1.2. Industrial10.1.3. Military10.1.4. Premises10.1.5. Telecom10.1.6. Others (Security and Metropolitan Network)10.2 Non- Communication10.2.1 Fiber Optic Lighting10.2.2 Sensors
11. Global Fiber Optic Cable Market, By Region, 2019-2032 (USD Million)
11.1 Global Fiber Optic Cable Market Size and Market Share by Region (2019-2025)11.2 Global Fiber Optic Cable Market Size and Market Share by Region (2026-2032)11.3 Asia-Pacific11.3.1 Australia11.3.2 China11.3.3 India11.3.4 Japan11.3.5 South Korea11.3.6 Rest of Asia-Pacific11.4 Europe11.4.1 France11.4.2 Germany11.4.3 Italy11.4.4 Spain11.4.5 UK11.4.6 Rest of Europe11.5 North America11.5.1 Canada11.5.2 US11.6 Rest of the World11.6.1 Africa11.6.2 Latin America11.6.3 Middle East
12. Company Profiles
12.1. Coherent Inc.12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments12.2. Commscope Inc.12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments12.3. Corning Inc.12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments12.4. Finisar Corporation12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments12.5. Fujikura Ltd12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments12.6. Furukawa Electric Co. Ltd12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments12.7. Hengtong Group Co. Ltd12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments12.8. Hitachi Cable America Inc. (Hitachi Cable)12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments12.9. Leoni AG (Weinert Industries)12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments12.10. LS Cable & System (LS Group)12.10.1. Company details12.10.2. Financial outlook12.10.3. Product summary12.10.4. Recent developments12.11. Nestor Cables Ltd12.11.1. Company details12.11.2. Financial outlook12.11.3. Product summary12.11.4. Recent developments12.12. Nexans SA12.12.1. Company details12.12.2. Financial outlook12.12.3. Product summary12.12.4. Recent developments12.13. Prysmian Group12.13.1. Company details12.13.2. Financial outlook12.13.3. Product summary12.13.4. Recent developments12.14. Sterlite Technologies Ltd12.14.1. Company details12.14.2. Financial outlook12.14.3. Product summary12.14.4. Recent developments12.15. Sumitomo Electric Industries Ltd12.15.1. Company details12.15.2. Financial outlook12.15.3. Product summary12.15.4. Recent developments12.16. Yangtze Optical Fiber and Cable Joint Stock Ltd Co.12.16.1. Company details12.16.2. Financial outlook12.16.3. Product summary12.16.4. Recent developments
13.List of Abbreviations
14.Reference Links
15.Conclusion
16.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Fiber Optic Cable Market is projected to reach USD 14.08 billion by 2032, growing at a CAGR of 11.13% during the forecast period.
Fiber Optic Cable Market grew in market size from 2021. The Market is expected to reach USD 14.08 billion by 2032, at a CAGR of 11.13% during the forecast period.
Fiber Optic Cable Market CAGR of 11.13% during the forecast period.
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Fiber Optic Cable Market size is USD 14.08 billion from 2022 to 2032.
Fiber Optic Cable Market Segment is Covered By Fiber Type, By Cable Type, By Deployment, By Application
The Asia-Pacific region is anticipated to have the highest market share in The Fiber Optic Cable Market.
The increased data traffic from various sources, such as the internet, e-commerce, computer networks, and multimedia (voice, data, and video), has necessitated a higher bandwidth transmission medium for such huge amounts of data.As a result, increased use of fibre optic cable across a wide range of end-use sectors would drive market growth.
The key players in the market include Companies Covered Coherent Inc., Commscope Inc., Corning Inc., Finisar Corporation, Fujikura Ltd, Furukawa Electric Co. Ltd, Hengtong Group Co. Ltd, Hitachi Cable America Inc. (Hitachi Cable), Leoni AG ( Weinert Industries), LS Cable & System (LS Group), Nestor Cables Ltd, Nexans SA, Prysmian Group, Sterlite Technologies Ltd, Sumitomo Electric Industries Ltd, Yangtze Optical Fiber and Cable Joint Stock Ltd Co.
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