Fiber Optics Market Size, Growth, Trends, Forecast 2021 to 2030

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The global fiber optics market value reach at USD 7.1 billion in 2020 and projected to exhibit a CAGR of 5.2% from 2021 to 2030. The global fiber optics market size is expected to hit around US$ 10.8 billion by 2030, according to new report study.

An optical fiber is a transparent and flexible fiber made by drawing glass or plastic, which is used to transmit light. 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 optical fiber has wide usages in fiber-optic communications, where they allow transmission over longer distances and at higher bandwidths than wire cables. The adoption of fiber optic cables to send signals with less amount of loss has increased over the period, which drives the growth of the market.

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Report Coverage

Report Scope Details
Market Size US$ 10.8 bn by 2030
Growth Rate CAGR of 5.2% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, Cable Type, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Corning Incorporated, Optical Cable Corporation (OCC), Sterlite Technologies Limited, OFS Fitel, LLC, Prysmian Group, AFL, Birla Furukawa Fiber Optics Limited, Finolex Cables Limited, and Yangtze Optical Fiber and Cable Co., Ltd. (YOFC).

Some specific fibers are also used for various other operations, which are known as fiber lasers and fiber optic sensors. Fibers that are designed to support multiple propagation parts or transverse modes are called multi-mode fibers. While those which support an only single mode are known as single mode fiber

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Key Players

Key market players include Corning Incorporated, Optical Cable Corporation (OCC), Sterlite Technologies Limited, OFS Fitel, LLC, Prysmian Group, AFL, Birla Furukawa Fiber Optics Limited, Finolex Cables Limited, and Yangtze Optical Fiber and Cable Co., Ltd. (YOFC).

Market Segmentation

By Product Type

  • Multimode
  • Single Mode
  • Plastic Optical Fiber

By Cable Type:

  • Single-mode
  • Multi-mode

By Application

  • Military & Aerospace
    • Weapon System
    • Secure Communication
    • Surveillance System
    • UAV
    • Optical Computing
    • Military Vehicle Sensing
  • Oil & Gas
    • High Bandwidth Communications
    • Material Sensing
    • Others
  • BFSI
  • Railway
    • Speed Monitoring
    • Railway Maintenance
    • Dynamic Load Calculation
  • Telecom
  • Medical
    • Minimal Invasive Surgery
    • Biomedical Sensing
    • Imaging
  • Others

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Table of Contents

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Fiber Optics Market, By Product

7.1. Fiber Optics Market, by Product Type, 2021-2027
7.1.1. Multimode
7.1.1.1. Market Revenue and Forecast (2017-2027)
7.1.2. Single Mode
7.1.2.1. Market Revenue and Forecast (2017-2027)
7.1.3. Plastic Optical Fiber
7.1.3.1. Market Revenue and Forecast (2017-2027)

Chapter 8. Global Fiber Optics Market, By Application

8.1. Fiber Optics Market, by Application, 2021-2027
8.1.1. Military & Aerospace
8.1.1.1. Market Revenue and Forecast (2017-2027)
8.1.2. Oil & Gas
8.1.2.1. Market Revenue and Forecast (2017-2027)
8.1.3. BFSI
8.1.3.1. Market Revenue and Forecast (2017-2027)
8.1.4. Railway
8.1.4.1. Market Revenue and Forecast (2017-2027)
8.1.5. Telecom
8.1.5.1. Market Revenue and Forecast (2017-2027)
8.1.6. Medical
8.1.6.1. Market Revenue and Forecast (2017-2027)
8.1.7. Others
8.1.7.1. Market Revenue and Forecast (2017-2027)

Chapter 9. Global Fiber Optics Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2017-2027)
9.1.2. Market Revenue and Forecast, by Application (2017-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2017-2027)
9.1.3.2. Market Revenue and Forecast, by Application (2017-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2017-2027)
9.1.4.2. Market Revenue and Forecast, by Application (2017-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2017-2027)
9.2.2. Market Revenue and Forecast, by Application (2017-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2017-2027)
9.2.3.2. Market Revenue and Forecast, by Application (2017-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2017-2027)
9.2.4.2. Market Revenue and Forecast, by Application (2017-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2017-2027)
9.2.5.2. Market Revenue and Forecast, by Application (2017-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2017-2027)
9.2.6.2. Market Revenue and Forecast, by Application (2017-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2017-2027)
9.3.2. Market Revenue and Forecast, by Application (2017-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2017-2027)
9.3.3.2. Market Revenue and Forecast, by Application (2017-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2017-2027)
9.3.4.2. Market Revenue and Forecast, by Application (2017-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2017-2027)
9.3.5.2. Market Revenue and Forecast, by Application (2017-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2017-2027)
9.3.6.2. Market Revenue and Forecast, by Application (2017-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2017-2027)
9.4.2. Market Revenue and Forecast, by Application (2017-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2017-2027)
9.4.3.2. Market Revenue and Forecast, by Application (2017-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2017-2027)
9.4.4.2. Market Revenue and Forecast, by Application (2017-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2017-2027)
9.4.5.2. Market Revenue and Forecast, by Application (2017-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2017-2027)
9.4.6.2. Market Revenue and Forecast, by Application (2017-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2017-2027)
9.5.2. Market Revenue and Forecast, by Application (2017-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2017-2027)
9.5.3.2. Market Revenue and Forecast, by Application (2017-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2017-2027)
9.5.4.2. Market Revenue and Forecast, by Application (2017-2027)

Chapter 10. Company Profiles

10.1. Optical Cable Corporation (OCC)
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Corning Incorporated
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. OFS Fitel, LLC
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Sterlite Technologies Limited
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. AFL
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Prysmian Group
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Finolex Cables Limited
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Birla Furukawa Fiber Optics Limited
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Yangtze Optical Fiber and Cable Co., Ltd. (YOFC)
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

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