Global Optical Fibre Market:
Size, Trends & Forecasts (2019-2023)
July 2019
Optical Fibre Market: Coverage
Executive Summary and Scope
Introduction/Market Overview
Global Market Analysis
Country/ Regional Analysis
Market Dynamics
Competitive Landscape
Company Profiles
Global Optical Fibre Market: Coverage
Attributes Details
Title Global Optical Fibre Market: Size, Trends & Forecasts (2019-2023)
Coverage Global and Country/ Regional (India, China, North America and Europe)
Market Influencing Variables Growth Drivers, Challenges, Market Trends
Forecast Period of Market 2019-2023
Competition in the Market Fragmented
Key Players Yangtze Optical Fibre And Cable Joint Stock Limited Company (YOFC), Corning Incorporated, Prysmian Group, Fujikura Group
Scope of the Report
Global Optical Fibre Market
The optical fibre industry consists of three major products starting from downstream to upstream which include fibre preform, opticalfibre and optical fibre cable (OFC). Manufacturing of preform (a solid glass rod) is the first step in the making of optical fibres. Opticalfibres are drawn out from the heated up preform. OFC is a bundle of optical fibres that is used to carry light signals over long distances.
The global optical fibre market can be segmented on the basis of mode into single mode and multi mode fibres. On the basis ofcomposition the market can be bifurcated into glass optical fibre and plastic/ polymer optical fibre. The market can split on the basis ofapplication into broadcasting, lighting and decoration, mechanical inspections, computer networking, medical/ healthcare industry anddefense.
The global optical fibre market is forecasted to grow at a healthy rate during the forecast period (2019-2023). The market is supported byvarious growth drivers such as increase in global internet traffic, spike in number of smartphone users globally, hike in adoption of Fibreto the Home (FTTH), initiatives by governments of various countries to boost OFC deployment, strategic initiatives such as productlaunches and collaborations undertaken by key players to strengthen their respective optical fibre businesses and cater to surging demandfor high bandwidth from customers simultaneously. High cost of OFC deployment and installation barriers of optical fibres are some ofthe challenges faced by the market.
Evolution of 5G network, increasing popularity of cloud computing, rising number of video on demand (VoD) users and growth inInternet of Things (IoT) installed base are some of the trends in the market that have been captured in this report.
Executive Summary
Global Optical Fibre Market: Value Analysis
Global Optical Fibre Market by Value
CAGRs
2019-2023 xx%
2015 2016 2017 2018
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$ B
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2019 2020 2021 2022 2023
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$ B
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Global Optical Fibre Market: Value Analysis
Segment (by Mode) Share
Single Mode xx%
Multi Mode xx%
Global Optical Fibre Market Value by Segment (by Mode); 2018
Single Mode
Multi Mode
Global Optical Fibre Market: Value Analysis
Global Single Mode Optical Fibre Market by Value
CAGRs
2019-2023 xx%
2017 2018
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2019 2020 2021 2022 2023
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Global Optical Fibre Market: Value Analysis
Type Share
G.652 xx%
Others (G.657,G.653 , G.655 and G.656)
xx%
Global Single Mode Optical Fibre Market Value by Type; 2017
Global Optical Fibre Market: Value Analysis
Global Multi Mode Optical Fibre Market by Value
CAGRs
2019-2023 xx%
2017 2018
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2019 2020 2021 2022 2023
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Global Optical Fibre Market: Value Analysis
Global Optical Fibre Market Value by Segment (Application); 2018
Application Share
Healthcare/ Medical xx%
Others (Telecom, IT, Military, Aerospace, Defense, BFSI, Railway, Oil and Gas etc.)
xx%
2019 2020 2021 2022 2023
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Global Medical Optical Fibre Market by Value
CAGRs
2019-2023 xx%
Global Optical Fibre Market: Volume Analysis
Global Optical Fibre Market by Demand Volume
2015 2016 2017 2018
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Optical Fibre Market: Country/ Regional Analysis
India Optical Fibre Market by Value China Optical Fibre Market by Demand Volume
North America Optical Fibre Market by Demand Volume
Europe Optical Fibre Market by Demand Volume
2018 2019 2020 2021 2022 2023
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2019 2020 2021 2022 2023
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Global Optical Fibre Market : Dynamics
Growth Driver
• Increase in Global Internet Traffic
• Initiatives by Governments to boost OFC deployments
Challenges
•High Costs
• Installation Barrier
Market Trends
• Evolution of 5G
• Rising Video on Demand (VoD) Users
Global Optical Fibre Market: Competitive Landscape
• Yangtze Optical Fibre And Cable Joint Stock Limited Company (YOFC)
• Corning Incorporated
• Prysmian Group
• Fujikura Group
Players Profiled
Note: The graphs on this slide are only for sample representation.