Fiber Optics Market by Cable Type (Single-mode, Multi-mode), Optical Fiber Type (Glass, Plastics), Application (Telecom, Premises, Utility, CATV, Military, Industrial, Sensors, Fiber Optic Lighting, Security, Metropolitan), Region - Global Forecast to 2024
[169 Pages Report] The fiber optics market size is estimated to be USD 4.3 billion in 2019 and is projected reach USD 6.9 billion by 2024, at a CAGR of 10.0% between 2019 and 2024. A fiber optic is a flexible, transparent fiber made of extruded glass (silica) or plastic which can function as a waveguide, or light pipe, to transmit light between the two ends of the fiber. It is a cylindrical dielectric waveguide that transmits light along its axis, by the process of total internal reflection. Fiber optics include a transparent core surrounded by a transparent cladding material with a lower index of refraction, through which the light travels by total internal reflection. This phenomenon causes the fiber to act as a waveguide. The demand for internet across the globe, coupled with the rising need for FTTx, is the major factor driving the growth of the fiber optics industry. On the other hand, growing wireless communication systems are restraining the market growth.
Growing telecommunication industry in the Middle East & Africa
Telecommunication is the largest end-use industry of fiber optics, as optical fiber cable is the main medium for data transmission from one point to another. The industry is growing rapidly because of the increasing use of mobile devices and related bandwidth connectivity. Positive market trends in broadband services and big data management are driving the telecommunication industry. The number of connected devices is increasing continuously, with the expansion of device utilization and connectivity.
The telecommunication industry in the Middle East & Africa is growing rapidly because of heavy investments in infrastructure in the region. It accounts for 8% of the overall revenues generated by the telecommunication industry worldwide. Favorable changes in demographics, data connectivity, device penetration, and increase in the number of subscribers are driving the telecommunication industry in the region.
As the number of embedded devices that require mobile connectivity increases, telecommunication companies will expand their market by expanding network connectivity and increasing the sales of network equipment and devices. These factors that are currently driving the telecommunication industry in the Middle East & Africa will create opportunities for fiber optics manufacturers to increase their market size in developing countries in the region.
Telecommunication to be the largest application during the forecast period.
Based on application, the fiber optics market has been segmented into communication (telecom, premises, utility, CATV, military, industrial) and non-communication (sensors and fiber optic lighting). The communication segment is estimated to be the largest application of the global fiber optic market.
The rising number of internet users is a major factor driving the growth of the fiber optics market in the communication segment. Moreover, the growth in telecom, premises, utility, and industrial sectors is driving growth of fiber optic market. Moreover, the massive population base of China and India is one of the major drivers for growth in the telecom market in the region, which in-turn is expected to drive the fiber optics market during the forecast period.
Glass to be the largest fiber type during the forecast period.
Glass is the largest fiber type of fiber optics due to its increasing demand from various applications. The high performance and easy availability of glass fiber optics is driving the glass fiber optics market. North America and Europe are mature markets. On the other hand, the markets in APAC and the Middle East & Africa are growing because of the rapid industrial growth in these regions.
APAC is expected to account for the largest share of the fiber optics market during the forecast period.
The APAC fiber optics market is projected to be the largest during the forecast period. The growing industrialization and infrastructural development in the region have offered enormous opportunities for the use of fiber optics across various applications in APAC. The major fiber optics markets in APAC are China, Japan, India, Australia, and South Korea. China is the major hub for manufacturing activities, globally, and is also one of the largest in terms of number of internet users.
In addition, China is the most populous country in the world, which has resulted in the growth of applications, such as telecom, premises, utility, CATV, and industrial. Moreover, countries including India and South Korea are also witnessing significant growth rates on account of the growing industrial activities in the region.
Market Dynamics
Increasing demand for internet
The internet is a global system of connected devices. Fiber optics act as the backbone of the internet; optical fiber cables are used as the medium for transmitting information from one point to another. According to the International Telecommunication Union (ITU), 51.2% of the global population was using internet in 2018. The growth rate of the number of internet users was around 45% in 2018. The growing importance of cloud computing, data transfer and storage, and IoT is driving the use of internet.
According to IEA (International Energy Agency), the number of internet users is expected to increase from 3.6 billion in 2018 to 5.0 billion by 2025. Moreover, the number of IoT connections is expected to increase from 7.5 billion in 2018 to over 25.0 billion by 2025.
IoT is an online integration of daily use devices (mostly machine-to-machine). The growing number of connected devices will result in greater demand for higher bandwidth, which will, in turn, result in the growth of IoT. Data center colocation services that use fiber optics to transfer information will also help to boost the growth of IoT. The demand for internet is also driven by several other factors such as an increase in the number of connected devices in homes, growth in demand for OTT video content, and the increase in internet access. All these factors have increased the number of internet users, which, in turn, has led to the increased use of optical fiber cables to transfer information over the Internet; this is driving the fiber optics market.
Growing need for FTTx
FTTx is any broadband network architecture that uses fiber optics as the optical medium to transmit information in a local loop used for last mile telecommunications. FTTx includes FTTH, FTTP, FTTB, FTTN, and FTTC. Fiber has evolved as an essential component for network evolution because of its ability to accommodate higher bandwidth with greater speeds. Communication applications are increasing rapidly, and each of them has features that require higher bandwidth and speed. Some of these advanced applications are video technology, OTT (over-the-top content), and IoT. The increase in use of these applications leads to the need for more network architectures such as FTTH and FTTB.
Video technology has the highest bandwidth consumption. Emerging super high definition (HD) video requires four times more bandwidth than the standard definition video. Entertainment provider companies such as Netflix (US) and Amazon Prime (US) have recommended at least 25 Mb/s speed to view super HD content over their streaming services. To provide high bandwidth for video technology, network architectures such as FTTH and FTTB are required to provide internet access; this, in turn, will drive the fiber optic market, which acts as the backbone for such network architectures. All these technological advancements in video quality and streaming services provide growth opportunities to fiber optic players.
OTT is the audio, video, and other media content delivered over the Internet without requiring users to subscribe to traditional cable or satellite pay-TV services. OTT is showing growth trends similar to that of video technology. Among the major OTT content providers are Hulu (US) and SlingTV (US).
IoT is known as the interconnection of computing devices, such as printers and video projectors, through the Internet, enabling them to send and receive data. It consists of connected devices containing sensors that control, direct, and collect data by using smart applications from each device. Examples of IoT include door locks, thermostats, wall electrical plugs, light switches and bulbs, intercoms, security cameras, and integrated control systems. These applications will require high-speed Internet services, which, in turn, will drive the fiber optics market, as these fibers act as the optical medium to transfer information in applications requiring the Internet.
The next generation of high bandwidth requiring applications, along with the proliferation of connected devices, will require faster and higher bandwidth networks, such as FTTH, FTTN, and FTTC, which use optical fiber cable for data transfer. This growth in the FTTx market will, in turn, drive the fiber optics market.
Wireless communication systems
Wireless communication systems transmit information from one point to another using a microwave radio spectrum. The information is beamed from one central location to the receiving dishes. For wireless communication, radio frequency (RF) and fiber space optics (FSO) are the most commonly used techniques. The advantage of wireless communication over the use of fiber optics is that it requires less capital for installation. Another major benefit of RF and FSO is their non-interference with each other. Therefore, both the systems can be used together to increase efficiency in any application. Hybrid systems are used in many application areas, where the limitations of weather conditions and distance are compensated for by both technologies. Therefore, wireless communication systems are gaining momentum over fiber optics, especially in applications requiring a higher data transfer rate.
Wireless technology can be compared with fiber optics on different parameters such as bandwidth, CAPEX (Capital Expenditure), OPEX (Operating Expenditure), network extension, scalability, interference, security, and legal and regulatory issues.
Key Market Players
The key players profiled in the report include Corning Incorporated (US), Prysmian Group (Italy), Finisar (US), AFL Global (US), Sumitomo Electric Industries, Ltd (Japan), LS Cable & System (South Korea), Leoni AG (Germany), Furukawa Electric Co. Ltd. (Japan), General Cable Corporation (US), Sterlite Technologies Limited (India), and Optical Cable Corporation (US).
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|
Report Metric |
Details |
|
Years considered for the study |
20172024 |
| Base year considered |
2018 |
|
Forecast period |
20192024 |
|
Units considered |
Value (USD Million), Volume (Million Fiber Kilometer) |
|
Segments covered |
Fiber Type, Cable Type, Application, and Region |
|
Regions covered |
APAC, North America, Europe, Middle East & Africa, and South America |
|
Companies profiled |
Corning Incorporated (US), Prysmian Group (Italy), Finisar (US), AFL Global (US), Sumitomo Electric Industries, Ltd (Japan), LS Cable & System (South Korea), Leoni AG (Germany), Furukawa Electric Co. Ltd. (Japan), General Cable Corporation (US), Sterlite Technologies Limited (India), and Optical Cable Corporation (US). Top 25 major players are covered. |
This report categorizes the global fiber optics market based on fiber type, cable type, application, and region.
Based on Fiber Type:
- Glass
- Plastic
Based on Cable Type:
- Single-mode
- Multi-mode
Based on Application:
- Communication
- Telecom
- Premises
- Utility
- CATV
- Military
- Industrial (Factory Automation, Rail transportation, Power generation, Healthcare, Oil & Gas, BFSI)
- Others
- Non-communication
- Sensors
- Fiber Optic Lighting
Based on Region:
- APAC
- North America
- Europe
- Middle East & Arica
- South America
Key Questions Addressed by the Report
- Who are the major market players in the fiber optics market?
- What are the regional growth trends and the largest revenue-generating regions for the fiber optic market?
- Which are the significant regions for different industries that are projected to witness remarkable growth for the fiber optics market?
- What are the major oil types of fiber optics that are projected to gain maximum market revenue and share during the forecast period?
- Which is the major fiber types of fiber optics that are projected to gain maximum market revenue and share during the forecast period?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 18)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Regions Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology (Page No. - 21)
2.1 Base Number Calculation
2.1.1 Supply-Side Approach
2.1.2 Demand-Side Approach
2.2 Forecast Number Calculation
2.3 Market Engineering Process
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions
2.5 Secondary Data
2.6 Primary Data
2.6.1 Breakdown of Primary Interviews
2.6.2 Key Industry Insights
3 Executive Summary (Page No. - 25)
4 Premium Insights (Page No. - 29)
4.1 Significant Opportunities in the Fiber Optics Market
4.2 Fiber Optic Market Size, By Region
4.3 APAC: Fiber Optics Market, By Application and Country
4.4 Fiber Optic Market Size, By Fiber Type
4.5 Fiber Optics Market Size, By Cable Type
4.6 Fiber Optic Market Attractiveness
5 Market Overview (Page No. - 32)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for the Internet
5.2.1.2 Growing Need for Fttx
5.2.2 Restraints
5.2.2.1 Wireless Communication Systems
5.2.3 Opportunities
5.2.3.1 Growing Telecommunication Industry in the Middle East & Africa
5.2.3.2 Advances in Technology
5.3 Porters Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Industry Outlook
6 Fiber Optics Market, By Fiber Type (Page No. - 40)
6.1 Introduction
6.2 Glass
6.2.1 High Performance at Extreme Conditions to Drive the Glass Fiber Optics Market
6.3 Plastic
6.3.1 Low Cost of Plastic Fiber Optics to Drive the Market
7 Fiber Optics Market, By Cable Type (Page No. - 45)
7.1 Introduction
7.2 Single Mode
7.2.1 Demand From Catv and Telecom to Drive the Single Mode Fiber Optic Cable Market
7.3 Multi-Mode
7.3.1 Low Cost of Plastic Fiber Optics to Drive the Market
8 Fiber Optic Market, By Application (Page No. - 50)
8.1 Introduction
8.2 Communication
8.2.1 Telecom
8.2.1.1 Cost Efficiency, Higher Bandwidth, and Higher Speed Than Copper to Drive the Fiber Optics Market in Telecom
8.2.2 Premises
8.2.2.1 Expansion of Lans and Data Centers to Drive the Fiber Optic Market in Premises
8.2.3 Utility
8.2.3.1 Growth of Power Industry to Drive the Fiber Optics Market in Utility
8.2.4 Cable Antenna Television (CATV)
8.2.4.1 Increasing Disposable Income and Changing Consumer Preferences Toward Using High-Definition Content to Drive the Market
8.2.5 Industrial
8.2.5.1 Argentina, India, the UAE, South Africa, and Australia to Drive the Fiber Optics Market in Industrial
8.2.6 Military
8.2.6.1 New Opportunities in Military Applications Including Communications, Sensors, and Monitoring to Drive the Market
8.2.7 Others
8.3 Non-Communication
8.3.1 Sensors
8.3.1.1 Lighter Weight, High Sensitivity, Multiplexing Capability to Form Networks, and Immunity to Electromagnetic Interference to Drive the Market
8.3.2 Fiber Optic Lighting
8.3.2.1 Demand From Museum Displays, Pools, and Star Field Ceilings to Drive the Fiber Optics Market in Fiber Optic Lighting
9 Fiber Optics Market, By Region (Page No. - 69)
9.1 Introduction
9.2 APAC
9.2.1 China
9.2.1.1 The Countrys High Economic Growth is A Major Driver for the Fiber Optics Market
9.2.2 Japan
9.2.2.1 Technology Advancements in the Country Will Drive the Market
9.2.3 India
9.2.3.1 Rising Domestic Demand Will Drive the Fiber Optics Market
9.2.4 South Korea
9.2.4.1 Government Initiatives in the Industrial Sector Will Support the Growth of the Fiber Optics Market
9.2.5 Australia
9.2.5.1 Rising Demand From Telecom is Influencing the Market Growth
9.2.6 Indonesia
9.2.6.1 Telecom Industry to Drive the Market Growth
9.2.7 Malaysia
9.2.7.1 Rising Demand From Telecom is Influencing the Market Growth
9.3 North America
9.3.1 US
9.3.1.1 Strong Foothold of Key Players in the Country Acts as A Driver of the Market
9.3.2 Canada
9.3.2.1 Advanced Manufacturing Industry Will Have A Significant Impact on the Market Growth
9.3.3 Mexico
9.3.3.1 Rising Foreign Investment is Likely to Propel the Fiber Optics Market Growth
9.4 Europe
9.4.1 Germany
9.4.1.1 Expansion of the Manufacturing Sector Will Create Favorable Conditions for the Market Growth
9.4.2 France
9.4.2.1 Growth in Various Industries Will Increase the Demand for Fiber Optics
9.4.3 UK
9.4.3.1 Strong Industrial Growth Will Drive the UK Fiber Optics Market
9.4.4 Italy
9.4.4.1 Increasing Digitalization to Drive the Market
9.4.5 Spain
9.4.5.1 Investment in Infrastructure Development to Drive the Market
9.4.6 Russia
9.4.6.1 Rising Standard of Living to Drive the Market
9.5 Middle East & Africa
9.5.1 Iran
9.5.1.1 Growing Population is Expected to Drive the Market Growth
9.5.2 Saudi Arabia
9.5.2.1 Saudi Arabia is the Second-Largest Fiber Optics Market in the Middle East & Africa
9.5.3 UAE
9.5.3.1 Rapid Urbanization is Expected to Propel the Growth of the UAE Market
9.5.4 Egypt
9.5.4.1 Telecom Industry to Propel the Growth of the Market in Egypt
9.5.5 South Africa
9.5.5.1 High Internet Penetration to Drive the Market
9.6 South America
9.6.1 Brazil
9.6.1.1 Brazil is the Largest Fiber Optics Market in South America
9.6.2 Argentina
9.6.2.1 Growing Industrialization Will Drive the Market
9.6.3 Colombia
9.6.3.1 Growing Healthcare and Tourism Sectors Will Drive the Market
10 Competitive Landscape (Page No. - 126)
10.1 Introduction
10.2 Competitive Leadership Mapping, Tier 1 Companies
10.2.1 Visionary Leaders
10.2.2 Innovators
10.2.3 Dynamic Differentiators
10.3 Strength of Product Portfolio
10.4 Business Strategy Excellence
10.5 Competitive Leadership Mapping (Small and Medium-Sized Enterprises)
10.5.1 Progressive Companies
10.5.2 Responsive Companies
10.5.3 Starting Blocks
10.6 Strength of Product Portfolio
10.7 Business Strategy Excellence
10.8 Market Share Analysis
10.8.1 Corning Incorporated
10.8.2 Prysmian Group
10.9 Competitive Scenario
10.9.1 Expansion
10.9.2 Acquisition
10.9.3 New Product Launch
10.9.4 Agreement
10.9.5 Investment
10.9.6 Partnership
10.9.7 Joint Venture
11 Company Profiles (Page No. - 138)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, Current Focus and Strategies, Threat From Competition & Right to Win)*
11.1 Corning Incorporated
11.2 Prysmian Group
11.3 Ii-Vi Incorporated
11.4 Sumitomo Electric Industries, Ltd (Sei)
11.5 LS Cable & System
11.6 Leoni AG
11.7 Furukawa Electric Co. Ltd.
11.8 Sterlite Technologies Limited
11.9 Optical Cable Corporation
11.10 Fujikura Limited
11.11 Yangtze Optical Fiber And Cable Co., Ltd.
*Details On Business Overview, Products Offered, Recent Developments, SWOT Analysis, Current Focus And Strategies, Threat From Competition & Right to Win Might Not Be Captured in Case of Unlisted Companies.
11.12 Other Key Players
11.12.1 Australian Fibre Optic Communications
11.12.2 Coherent, Inc.
11.12.3 Finolex
11.12.4 RPG Cables
11.12.5 ART Photonics GmbH
11.12.6 Optical Cable Corp. (OCC)
11.12.7 Amphenol FSI
11.12.8 Tratos
11.12.9 Orbis OY
11.12.10 Htl Ltd.
11.12.11 Aksh Optifibre Limited
11.12.12 Oman Fiber Optic Co. S.A.O.C. (OFO)
11.12.13 Prime Optical Fiber Corporation (POFC)
12 Appendix (Page No. - 163)
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details
List of Tables (139 Tables)
Table 1 Comparison of Wireless Technology and Fiber Optics-Based Technology on Various Parameters
Table 2 APAC: Individuals Using the Internet (% of Population), By Key Country, 2017
Table 3 North America: Individuals Using the Internet (% of Population), By Key Country, 2017
Table 4 Europe: Individuals Using the Internet (% of Population), By Key Country, 2017
Table 5 South America: Individuals Using the Internet (% of Population), By Key Country, 2017
Table 6 Middle East & Africa: Individuals Using the Internet (% of Population), By Key Country, 2017
Table 7 Fiber Optics Market Size, By Fiber Type, 20172024 (USD Million)
Table 8 Fiber Optic Market Size, By Fiber Type, 20172024 (Million Fiber Kilometer)
Table 9 Glass Fiber Optics Market Size, By Region, 20172024 (USD Million)
Table 10 Glass Fiber Optic Market Size, By Region, 20172024 (Million Fiber Kilo Meter)
Table 11 Plastic Fiber Optics Market Size, By Region, 20172024 (USD Million)
Table 12 Plastic Fiber Optic Market Size, By Region, 20172024 (Million Fiber Kilometer)
Table 13 Fiber Optics Market Size, By Cable Type, 20172024 (USD Million)
Table 14 Fiber Optic Market Size, By Cable Type, 20172024 (Million Fiber Kilometer)
Table 15 Single Mode Fiber Optic Cable Market Size, By Region, 20172024 (USD Million)
Table 16 Single Mode Fiber Optic Cable Market Size, By Region, 20172024 (Million Fiber Kilometer)
Table 17 Multi-Mode Fiber Optic Cable Market Size, By Region, 20172024 (USD Million)
Table 18 Multi-Mode Fiber Optic Cable Market Size, By Region, 20172024 (Million Fiber Kilometer)
Table 19 Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 20 Fiber Optic Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 21 Fiber Optics Market Size in Communication Application, By Region, 20172024 (USD Million)
Table 22 Fiber Optic Market Size in Communication Application, By Region, 20172024 (Million Fiber Kilometer)
Table 23 Fiber Optics Market Size in Telecom, By Region, 20172024 (USD Million)
Table 24 Fiber Optic Market Size in Telecom, By Region, 20172024 (Million Fiber Kilometer)
Table 25 Fiber Optics Market Size in Premises, By Region, 20172024 (USD Million)
Table 26 Fiber Optic Market Size in Premises, By Region, 20172024 (Million Fiber Kilometer)
Table 27 Fiber Optics Market Size in Utility, By Region, 20172024 (USD Million)
Table 28 Fiber Optic Market Size in Utility, By Region, 20172024 (Million Fiber Kilometer)
Table 29 Fiber Optics Market Size in Catv, By Region, 20172024 (USD Million)
Table 30 Fiber Optic Market Size in Catv, By Region, 20172024 (Million Fiber Kilometer)
Table 31 Fiber Optics Market Size in Industrial, By Region, 20172024 (USD Million)
Table 32 Fiber Optic Market Size in Industrial, By Region, 20172024 (Million Fiber Kilometer)
Table 33 Fiber Optics Market Size in Military, By Region, 20172024 (USD Million)
Table 34 Fiber Optic Market Size in Military, By Region, 20172024 (Million Fiber Kilometer)
Table 35 Fiber Optics Market Size in Other Communication Applications, By Region, 20172024 (USD Million)
Table 36 Fiber Optic Market Size in Other Communication Applications, By Region, 20172024 (Million Fiber Kilometer)
Table 37 Fiber Optics Market Size in Non-Communication Application, By Region, 20172024 (USD Million)
Table 38 Fiber Optic Market Size in Non-Communication Application, By Region, 20172024 (Million Fiber Kilometer)
Table 39 Fiber Optics Market Size in Sensors, By Region, 20172024 (USD Million)
Table 40 Fiber Optic Market Size in Sensors, By Region, 20172024 (Million Fiber Kilometer)
Table 41 Fiber Optics Market Size in Fiber Optic Lighting, By Region, 20172024 (USD Million)
Table 42 Fiber Optic Market Size in Fiber Optic Lighting, By Region, 20172024 (Million Fiber Kilometer)
Table 43 Fiber Optics Market Size, By Region, 20172024 (USD Million)
Table 44 Fiber Optic Market Size, By Region, 20172024 (Million Fiber Kilometer)
Table 45 APAC: Fiber Optics Market Size, By Country, 20172024 (USD Million)
Table 46 APAC: Market Size, By Country, 20172024 (Million Fiber Kilometer)
Table 47 APAC: Market Size, By Cable Type, 20172024 (USD Million)
Table 48 APAC: Market Size, By Cable Type, 20172024 (Million Fiber Kilometer)
Table 49 APAC: Market Size, By Fiber Type, 20172024 (USD Million)
Table 50 APAC: Market Size, By Fiber Type, 20172024 (Million Fiber Kilometer)
Table 51 APAC: Market Size, By Application, 20172024 (USD Million)
Table 52 APAC: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 53 China: Fiber Optic Market Size, By Application, 20172024 (USD Million)
Table 54 China: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 55 Japan: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 56 Japan: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 57 India: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 58 India: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 59 South Korea: Fiber Optic Market Size, By Application, 20172024 (USD Million)
Table 60 South Korea: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 61 Australia: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 62 Australia: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 63 Indonesia: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 64 Indonesia: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 65 Malaysia: Fiber Optic Market Size, By Application, 20172024 (USD Million)
Table 66 Malaysia: Size, By Application, 20172024 (Million Fiber Kilometer)
Table 67 North America: Fiber Optics Market Size, By Country, 20172024 (USD Million)
Table 68 North America: Market Size, By Country, 20172024 (Million Fiber Kilometer)
Table 69 North America: Market Size, By Cable Type, 20172024 (USD Million)
Table 70 North America: Market Size, By Cable Type, 20172024 (Million Fiber Kilometer)
Table 71 North America: Market Size, By Fiber Type, 20172024 (USD Million)
Table 72 North America: Market Size, By Fiber Type, 20172024 (Million Fiber Kilometer)
Table 73 North America: Market Size, By Application, 20172024 (USD Million)
Table 74 North America: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 75 US: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 76 US: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 77 Canada: Fiber Optic Market Size, By Application, 20172024 (USD Million)
Table 78 Canada: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 79 Mexico: Fiber Optic Market Size, By Application, 20172024 (USD Million)
Table 80 Mexico: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 81 Europe: Fiber Optics Market Size, By Country, 20172024 (USD Million)
Table 82 Europe: Market Size, By Country, 20172024 (Million Fiber Kilometer)
Table 83 Europe: Market Size, By Cable Type, 20172024 (USD Million)
Table 84 Europe: Market Size, By Cable Type, 20172024 (Million Fiber Kilometer)
Table 85 Europe: Market Size, By Fiber Type, 20172024 (USD Million)
Table 86 Europe: Market Size, By Fiber Type, 20172024 (Million Fiber Kilometer)
Table 87 Europe: Market Size, By Application, 20172024 (USD Million)
Table 88 Europe: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 89 Germany: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 90 Germany: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 91 France: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 92 France: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 93 UK: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 94 UK: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 95 Italy: Fiber Optic Market Size, By Application, 20172024 (USD Million)
Table 96 Italy: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 97 Spain: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 98 Spain: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 99 Russia: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 100 Russia: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 101 Middle East & Africa: Fiber Optic Market Size, By Country, 20172024 (USD Million)
Table 102 Middle East & Africa: Market Size, By Country, 20172024 (Million Fiber Kilometer)
Table 103 Middle East & Africa: Market Size, By Cable Type, 20172024 (USD Million)
Table 104 Middle East & Africa: Market Size, By Cable Type, 20172024 (Million Fiber Kilometer)
Table 105 Middle East & Africa: Market Size, By Fiber Type, 20172024 (USD Million)
Table 106 Middle East & Africa: Market Size, By Fiber Type, 20172024 (Million Fiber Kilometer)
Table 107 Middle East & Africa: Market Size, By Application, 20172024 (USD Million)
Table 108 Middle East & Africa: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 109 Iran: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 110 Iran: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 111 Saudi Arabia: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 112 Saudi Arabia: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 113 UAE: Fiber Optic Market Size, By Application, 20172024 (USD Million)
Table 114 UAE: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 115 Egypt: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 116 Egypt: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 117 South Africa: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 118 South Africa: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 119 South America: Fiber Optics Market Size, By Country, 20172024 (USD Million)
Table 120 South America: Market Size, By Country, 20172024 (Million Fiber Kilometer)
Table 121 South America: Market Size, By Cable Type, 20172024 (USD Million)
Table 122 South America: Market Size, By Cable Type, 20172024 (Million Fiber Kilometer)
Table 123 South America: Market Size, By Fiber Type, 20172024 (USD Million)
Table 124 South America: Market Size, By Fiber Type, 20172024 (Million Fiber Kilometer)
Table 125 South America: Market Size, By Application, 20172024 (USD Million)
Table 126 South America: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 127 Brazil: Fiber Optic Market Size, By Application, 20172024 (USD Million)
Table 128 Brazil: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 129 Argentina: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 130 Argentina: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 131 Colombia: Fiber Optics Market Size, By Application, 20172024 (USD Million)
Table 132 Colombia: Market Size, By Application, 20172024 (Million Fiber Kilometer)
Table 133 Expansion, 20162019
Table 134 Acquisition, 20162019
Table 135 New Product Launch, 20162019
Table 136 Agreement, 20162019
Table 137 Investment, 20162019
Table 138 Partnership, 20162019
Table 139 Joint Venture, 20162019
List of Figures (55 Figures)
Figure 1 Fiber Optics Market Segmentation
Figure 2 Fiber Optic Market: Bottom-Up Approach
Figure 3 Fiber Optics Market: Top-Down Approach
Figure 4 Communication to Be the Larger Application of Fiber Optics
Figure 5 Glass to Be the Faster-Growing Fiber Type of Fiber Optics
Figure 6 Single Mode to Be the Largest Application of Fiber Optics
Figure 7 APAC Accounted for the Largest Share in the Fiber Optics Market in 2018
Figure 8 High Growth Expected in Developing Economies During the Forecast Period
Figure 9 APAC to Be the Largest Fiber Optics Market During the Forecast Period
Figure 10 China Accounted for the Largest Share of the APAC Fiber Optic Market in 2018
Figure 11 Glass to Be the Larger Fiber Type
Figure 12 Single Mode to Be the Larger Product Type
Figure 13 India to Drive the Fiber Optics Market in APAC During the Forecast Period
Figure 14 Drivers, Restraints, and Opportunities in the Fiber Optics Market
Figure 15 Fiber Optics Market: Porters Five Forces Analysis
Figure 16 Glass to Be the Larger Fiber Type Segment During the Forecast Period
Figure 17 APAC to Be the Largest Glass Fiber Optic Market
Figure 18 North America to Be the Second-Largest Plastic Fiber Optics Market
Figure 19 Single-Mode to Be the Larger Cable Type During the Forecast Period
Figure 20 APAC to Be the Largest Application for Single Mode Fiber Optics Market
Figure 21 North America to Be the Second-Largest Multi-Mode Fiber Optic Cable Market
Figure 22 Communication Segment to Lead the Fiber Optics Market During the Forecast Period
Figure 23 APAC to Be the Largest Fiber Optics Market in the Communication Application
Figure 24 APAC to Be the Largest Fiber Optic Market for the Telecom Sub-Application During the Forecast Period
Figure 25 APAC to Be the Largest Fiber Optics Market for the Premises Application During the Forecast Period
Figure 26 APAC to Be the Largest Fiber Optic Market for the Utility Application During the Forecast Period
Figure 27 Middle East & Africa to Be the Fastest-Growing Market for the Catv Application During the Forecast Period
Figure 28 APAC to Be the Fastest-Growing Fiber Optics Market for the Industrial Application During the Forecast Period
Figure 29 APAC to Be the Largest Fiber Optic Market for the Military Application During the Forecast Period
Figure 30 APAC to Be the Fastest-Growing Fiber Optics Market for Other Communication Applications During the Forecast Period
Figure 31 APAC to Be the Largest Fiber Optic Market in Non-Communication Applications During the Forecast Period
Figure 32 North America to Be the Second-Largest Fiber Optics Market in Sensors Application During the Forecast Period
Figure 33 APAC to Be the Largest Fiber Optics Market in Fiber Optic Lighting Application During the Forecast Period
Figure 34 APAC to Be the Fastest-Growing Fiber Optic Market
Figure 35 APAC: Fiber Optics Market Snapshot
Figure 36 North America: Fiber Optic Market Snapshot
Figure 37 Europe: Fiber Optics Market Snapshot
Figure 38 Fiber Optic Market: Competitive Leadership Mapping, 2018
Figure 39 Fiber Optics Market (Small and Medium-Sized Enterprises) Competitive Leadership Mapping, 2018
Figure 40 Fiber Optic Market Share, By Company, 2018
Figure 41 Corning Incorporated.: Company Snapshot
Figure 42 Corning Incorporated: SWOT Analysis
Figure 43 Prysmian Group: Company Snapshot
Figure 44 Prysmian Group: SWOT Analysis
Figure 45 Ii-Vi Incorporated: Company Snapshot
Figure 46 Ii-Vi Incorporated: SWOT Analysis
Figure 47 Sumitomo Electric Industries, Ltd.: Company Snapshot
Figure 48 Sumitomo Electric Industries, Ltd.: SWOT Analysis
Figure 49 LS Cable & System: Company Snapshot
Figure 50 Leoni AG: Company Snapshot
Figure 51 Furukawa Electric Co. Ltd.: Company Snapshot
Figure 52 Sterlite Technologies Limited: Company Snapshot
Figure 53 Optical Cable Corporation: Company Snapshot
Figure 54 Fujikura Limited: Company Snapshot
Figure 55 Yangtze Optical Fiber and Cable Co., Ltd.: Company Snapshot
The study involved four major activities in estimating the market size for fiber optics. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After this, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.
Secondary Research
Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites, such as Factiva, ICIS, and Bloomberg. The findings of this study were verified through primary research by conducting extensive interviews with key officials, such as CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below.
Primary Research
The fiber optics market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the development of the manufacturing, healthcare, telecom, power generation, oil & gas, Cable Antenna Television (CATV), and military, among other applications. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the fiber optics market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
The key players in the industry were identified through extensive secondary research.
- The industrys supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in various applications.
Report Objectives
- To analyze and forecast the size of the fiber optics market in terms of value and volume
- To provide detailed information regarding key factors, such as drivers, restraints, and opportunities, influencing the growth of the market
- To define, describe, and segment the fiber optics market based on fiber type, cable type, and application
- To forecast the size of the market segments for regions, such as APAC, North America, Europe, South America, and the Middle East & Africa
- To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contribution to the overall market
- To identify and analyze opportunities for stakeholders in the market
- To strategically profile key players and comprehensively analyze their core competencies
Available Customizations
Along with the given market data, MarketsandMarkets offers customizations according to the companys specific needs. The following customization options are available for the report:
Regional Analysis
- Further breakdown of a region with respect to a particular country or additional fiber type or application.
Company Information
- Detailed analysis and profiles of additional market players (up to five)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Fiber Optics Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
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