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Fiber Optic Preform market Size Worth US$ 12.60 billion by 2030

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The global fiber optic preform market size is expected to be worth around US$ 12.60 billion by 2030, according to a new report by Vision Research Reports.

The global fiber optic preform market size was valued at US$ 5.5 billion in 2020 and is anticipated to grow at a CAGR of 20.6% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 12.60 Bn by 2030
Growth Rate CAGR of 20.6% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Process, Product Type, End Users
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Yangtze Optical Fibre and Cable Joint Stock Limited Company, Corning Incorporated, Sumitomo Electric Industries, Ltd., HENGTONG GROUP CO., LTD., and Shin-Etsu Chemical Co., Ltd,

Growth Factors

 The growth can be attributed to the Growing popularity of high-bandwidth internet connections, opportunities in healthcare industry, and investments in telecommunication infrastructure, among other factors.

Growing adoption of optical fibers has resulted in a looming shortage of optical fiber preform. This, in turn, has culminated in a shortage of fiber, thereby triggering the price of telecom fiber.

Key Players

 Yangtze Optical Fibre and Cable Joint Stock Limited Company, Corning Incorporated, Sumitomo Electric Industries, Ltd., HENGTONG GROUP CO., LTD., and Shin-Etsu Chemical Co., Ltd,

Market Segmentation

  • By Process
    • OVD
    • VAD
    • PCVD
    • MCVD
  • By Product Type
    • Single-Mode Fiber Optic
    • Multi-Mode Fiber Optic
    • Plastic Optical Fiber Optic
  • By End Users
    • Telecom
    • Oil & Gas
    • Military & Aerospace
    • BFSI
    • Medical
    • Railway
    • Others
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • U.K.
      • France
    • Asia Pacific
      • China
      • Japan
      • India
    • South America
      • Brazil
    • Middle East & Africa (MEA)

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Daksh

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